3 Sports Betting Stocks with Jackpot Potential

the top sports betting stocks have been underperformers thus far in 2021,, which means investors can grab shares while they are well off of their high…

By Sean Sechler Aug 14, 2021
Depositphotos.com contributor/Depositphotos.com - MarketBeat

This story originally appeared on MarketBeat

With the way that the sports betting market continues to grow in the United States, there are going to be plenty of opportunities for companies to establish themselves as leaders in this burgeoning industry in the coming years. Bettors are quickly becoming more accustomed to handling their business online, new states are voting to legalize sports betting seemingly every month, and live sports are set to come back in full force this year following the pandemic. All of this adds up to a strong bull case for sports betting stocks at this time.

It’s worth noting that many of the top sports betting stocks have been underperformers thus far in 2021, which means investors can grab shares while they are well off of their highs. There’s also the fact that football season is set to kick off again in September and could be the perfect catalyst to get these stocks going again. That’s why we’ve put together a brief overview of 3 sports betting stocks with jackpot potential to help you identify some of the top investment opportunities in the industry. Let’s take a deeper look below.

Draftkings (NASDAQ: DKNG)

Draftkings

Penn National Gaming (NASDAQ: PENN)

Penn National Gaming

VanEck Vectors Gaming ETF (NASDAQ: BJK)

ETF

With the way that the sports betting market continues to grow in the United States, there are going to be plenty of opportunities for companies to establish themselves as leaders in this burgeoning industry in the coming years. Bettors are quickly becoming more accustomed to handling their business online, new states are voting to legalize sports betting seemingly every month, and live sports are set to come back in full force this year following the pandemic. All of this adds up to a strong bull case for sports betting stocks at this time.

It’s worth noting that many of the top sports betting stocks have been underperformers thus far in 2021, which means investors can grab shares while they are well off of their highs. There’s also the fact that football season is set to kick off again in September and could be the perfect catalyst to get these stocks going again. That’s why we’ve put together a brief overview of 3 sports betting stocks with jackpot potential to help you identify some of the top investment opportunities in the industry. Let’s take a deeper look below.

Draftkings (NASDAQ: DKNG)

Draftkings

Penn National Gaming (NASDAQ: PENN)

Penn National Gaming

VanEck Vectors Gaming ETF (NASDAQ: BJK)

ETF

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