It’s no secret anymore that gaming, or esports, is big business and that trend should continue in 2020. That said, investors should keep gaming-focused ETFs on their watch lists for the new year.

“Today, the gaming industry is not just about a time-killing fun thing, in fact, it is now a million-dollar worth industry,” a Business Matters article noted. “With mobile gambling apps and online video gaming platform, you can make thousands of dollars in no time. There are certain ways through which you can make money through this industry and live a life of fortune.”

The article went on to note that areas that will continue growing within the gaming sector include development, content creation, in-game sales, online coaching, and esports careers.

“Making money in the eSports industry is a highly obtainable goal, all you need to do is find the correct option you are passionate about and take the risk, the article added. Online casino gambling websites. “Without risk, no one can ever be successful therefore it is the time to do something and make a fortune from eSports.”

Casino Etfs To Buy Today

Those who would typically buy gold ETFs or other similar things in their multiasset funds are looking to buy that. BTCE is a regulated product on a regulated market, and it settles central.
Top tech ETF – Invesco QQQ Trust (QQQ) 2020 performance: +48.4 percent. Expense ratio: 0.20.

One of the best bets for any investor might be the Invesco Dynamic Leisure and Entertainment ETF PEJ, +0.40%, which owns exactly what you think it might, based on the name, noted Todd Rosenbluth. Casino stocks aren't for everyone, so investors need to make sure that stocks fit their risk profile. The highest-risk segment of the market isn't casino operators but rather suppliers, who have a. WYNN’s outsized gains gave a big push to the casino gaming ETF which was up 3.4% on February 12 but is down 0.7% since Las Vegas Sands reported its earnings. Moreover, investors should note that.

Casino Etfs To Buy Right Now

ETF investors willing to play the gaming sector in 2020 would be keen to check out these 4 funds:

VanEck Vectors Video Gaming and eSports ETF (NasdaqGM: ESPO): With over $56 million in assets under management, ESPO is the biggest of the four. It seeks to replicate as closely as possible the price and yield performance of the MVIS® Global Video Gaming & eSports Index. The index is a global index that tracks the performance of the global video gaming and eSports (also known as electronic sports) segment.
VanEck Vectors Gaming ETF (NasdaqGM: BJK): BJK is runner up in terms of size with over $27 million in assets. The fund seeks to replicate as closely as possible the price and yield performance of the MVIS® Global Gaming Index. For index eligibility, companies must generate at least 50% of their revenues from gaming. Gaming includes casinos and casino hotels, sports betting (including internet gambling and racetracks) and lottery services as well as gaming services, gaming technology and gaming equipment.
Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSEArca: NERD): NERD doesn’t have the asset size of the first two funds, but it’s still worth a look given its current price of $15.74 as of Dec. 18. It seeks to track the total return performance of the Roundhill BITKRAFT Esports Index, which tracks the performance of the common stock of exchange-listed companies across the globe that earn revenue from electronic sports, or esports related business activities.
Defiance NextGen Video Gaming ETF (NYSEArca: VIDG): VIDG is the smallest in terms of assets under management, but still worth a look. It seeks to track the total return performance of the BlueStar Next Gen Video Gaming Index, which consists of a modified market capitalization-weighted portfolio of the stock of companies whose products or services are predominantly tied to video gaming.

For more market trends, visit ETF Trends.

With casino equities being among the most vulnerable and positively levered to happenings in the war against the coronavirus, the VanEck Vectors Gaming ETF (NasdaqGM: BJK) is a prime example of an ETF that’s been in focus this year.

BJK tries to reflect the performance of the MVIS Global Gaming Index. For index eligibility, companies must generate at least 50% of their revenues from gaming. Gaming includes casinos and casino hotels, sports betting (including internet gambling and racetracks), and lottery services as well as gaming services, gaming technology, and gaming equipment.

Recently, BJK is rallying as casinos in Las Vegas and regional gaming venues reopen, but there are still catalysts to power BJK, particularly if Macau, the world’s largest gambling market, rebounds in earnest in the fourth quarter.

“Macau, the world’s largest gaming center, isn’t really reopened. Sure, one can gain entry to the plethora of casinos there. It’s getting to the Special Administrative Region (SAR) that’s difficult because mainland China and Hong Kong are still restricting travel to Macau,” according to InvestorPlace. “As such, gaming revenue there is at rock bottom levels. However, Macau operators believe there’s pent up demand and when travel bans are relaxed, the floodgates will open and gamblers will again flock to the casino mecca.”

Betting on BJK

One of the primary catalysts for BJK is increased legalization of sports betting here in the U.S. Currently, 23 states are legal sports wagering states with 18 being operational. The driver for BJK here in the States is internet casinos or iGaming. Both of these markets are expected to swell to $20 billion in the coming years as more states look for new ways of generating revenue.

During the multi-month shutdown forced by the virus, states’ collection of gas, sales, and gaming taxes were in trouble. Now coffers are running light, prompting some analysts to say more states will approve internet casinos and/or sports betting as avenues for generating revenue.

Several states, including Louisiana, Maryland, South Dakota, and Virginia, are slated to vote on sports betting ballot initiatives in November.

“As for iGaming, data suggest that’s a booming business. In Pennsylvania, a market in which DraftKings operates, online slot machine handle topped $1 billion for the first time in May, while table games saw $778.5 million in action, up to $150 million from April, according to the Pennsylvania Gaming Control Board (PGCB),” reports Casino.org.

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The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.