🤑 Why You Must Not Ignore Online Gambling Stocks | The Motley Fool

Most Liked Casino Bonuses in the last 7 days 🤑

Filter:
Sort:
T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

Here's five stocks investors should watch because of the shift to legal sports gambling: #1 MGM Resorts (NYSE:MGM). Sports betting is small.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

Apr 25, Xherald -- As the gambling industry evolves, and the United States sees a run of legalization on different forms of wagering.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

Here's five stocks investors should watch because of the shift to legal sports gambling: #1 MGM Resorts (NYSE:MGM). Sports betting is small.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

2 2. DraftKings.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

4 4. LeoVegas AB.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

As of today, 13 states have already legalized sports betting and 31 additional states are moving towards legalization due to the promise of.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

A wave of sports betting options. Since the Supreme Court lifted the U.S. federal ban on sports gambling in , 21 states have legalized sports.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

Sanchez: Yeah, the most developed market is Europe. I believe the U.K. is probably the best regulated online. Well, gambling is legal across Italy.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

🔥

Software - MORE
T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

States are increasingly pushing for the legalization of sports betting and it could present stock investors with an opportunity in


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

🔥

Software - MORE
T7766547
Bonus:
Free Spins
Players:
All
WR:
50 xB
Max cash out:
$ 200

Sanchez: Yeah, the most developed market is Europe. I believe the U.K. is probably the best regulated online. Well, gambling is legal across Italy.


Enjoy!
Valid for casinos
Visits
Likes
Dislikes
Comments
best stocks for legalized gambling

Second, with billions of dollars in revenue, MGM will be able to invest large sums of money into its gambling platform making it one of the best on the market. I have no business relationship with any company whose stock is mentioned in this article.{/INSERTKEYS}{/PARAGRAPH} Second, ESPN can leverage this new interest in sports betting to create new content that is specific to sports betting. The fact that many gamblers may feel more comfortable using a legal platform in addition to the convince the legal platforms have will likely be enough to convince some new and current gamblers to choose legal platforms over illegal platforms. Lastly, and most importantly, MGM has and continues to make more partnerships. MGM will pay the leagues for their consumer and in-game data and the ability to be called an official partner. I wrote this article myself, and it expresses my own opinions. First, MGM has been around for decades with a large presence, due to its many gambling properties across the country. As gambling continues to become legalized across the country, it is likely that this increase in viewership is likely to continue. As of today, 13 states have already legalized sports betting and 31 additional states are moving towards legalization due to the promise of additional tax revenue and more oversight of a once black-market industry. However, I believe that the legalization of sports gambling will not only help increase ratings of sport programming, but it will also allow for ESPN to create content specifically targeting sports bettors. This did not immediately legalize sports betting, but it did open the door for state governments to do so. MGM is in a position to succeed due to name recognition, resources, and advertising partnerships. For example, popular online betting website Bovada only allows players to cash out funds via cryptocurrency or courier check, which many people would find as difficult or inconvenient. That makes sense as people will have a vested interest in watching how their bet turns. Based on all of this criterion, I believe that MGM is in the best position to capitalize on the growing sports gambling market. The main risk to this investment thesis is based on the idea that legalized betting will not greatly increase betting as many of the new legal bettors are just old illegal bettors. As a result, many companies are working towards getting a piece of the pie. Given this criterion, MGM is in a very strong position to succeed in the sports betting market. The new legal sports gambling industry is one that can be directly lucrative for gambling facilitators, such as MGM, as well as indirectly lucrative for the sports media industry, such as ESPN. It is no secret that the gambling market is one that will become very large and quite lucrative. The Supreme Court ruling, and following state legalization, has not only created a new market for sports gambling but is also a step in reducing the sense of taboo that is associated with sports gambling. All the competition can make it hard to pick just one of these companies as it is difficult to know which few will be the most successful. In essence, illegal bettors are already watching and shifting them to legal bettors would have no net increase in the number of total bettors, thereby not impacting ratings. {PARAGRAPH}{INSERTKEYS}As of today, 13 states have already legalized sports betting and 31 additional states are moving towards legalization due to the promise of additional tax revenue. I am not receiving compensation for it other than from Seeking Alpha. By being partners with three of the four major sports leagues, MGM will be in a prime position to advertise to consumers who are already actively watching these sports. That being said, there are some criteria that can be used to make an educated prediction: name recognition, resources, and advertising partnerships. The increase in viewership of existing content as well as the ability to create new content will serve as much needed tailwinds for ESPN and the overall sports media industry. That being said, many offshore betting websites can be very inconvenient for consumers to cash out or to add funds into.