With March Madness just a few short weeks ahead, investors may want to bet on gambling stocks again, just as many did with the Super Bowl.
In 2024, it was estimated that just under $3 billion was wagered on the game. This year could see about the same, which could provide a big boost for gambling related stocks, such as:
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Company: Oversold, DraftKings has a history of running with March Madness. This year should be no different. Plus, as detailed in its recent earnings report, the company added 800,000 new customers in its most recent quarter. That was significantly higher than the 500,000 that signed up year over year. |
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Flutter Entertainment (SYM: FLUT) |
Investors Alley
The hidden Tesla strategy making investors rich
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Roundhill Sports Betting & iGaming ETF (SYM: BETZ) Found this helpful? Share it with others. Written by Ian Cooper Our Flagship Publication Discover Great Companies Trading at a DiscountJoin Behind the Markets |