Top 3 Stocks to Invest in the Online Gambling Industry

Share On Facebook
share on Linkedin
Print

Online gambling stocks including those of Evolution Gaming Group, Caesars Entertainment, and DraftKings will surge in 2022, so this is the right time to invest.

© Pixabay

Back in 2019, the global online casino and gambling industry was worth over US$53 billion and its value is expected to increase significantly in the years to come. Therefore, it is safe to assume that investing in the thriving online gambling industry may bring quite great profits.

The global online gambling industry employs millions and people while thousands of different companies operate. Several different factors contribute to the growing popularity of online gambling with one of the most important being an increase in the number of active internet users across the globe.

Other factors that positively impact the iGaming industry are greater global access to online gambling platforms and greater availability of mobile payment options. What is also accelerating the growing demand is also the increasing investment in gambling companies and businesses.

If you are thinking about investing in the iGaming industry, we recommend you take a look at Evolution Gaming Group, Caesars Entertainment, and DraftKings.

Evolution Gaming Group

Evolution Gaming Group offers some of the best investment opportunities in the iGaming industry. The company was founded in 2006. Its main office is located in Birkirkara Malta while it also has offices in Amsterdam, Atlantic City, Bucharest, Minsk, Riga, Philadelphia, Stockholm, Vancouver, Tallin, and London among others.

As you can read at AmericaGambles.com, Evolution Gaming Group is one of the leaders in the iGaming industry when it comes to advanced information technology solutions.

The company’s services and products are employed by over three hundred iGaming operators across the globe. Relying on emerging technologies, Evolution Gaming Group is dedicated to crafting the most exciting live casino games available to everyone.

Evolution Gaming Group employs over seven thousand experts and professionals who work in its offices scattered all over the world. Evolution Gaming Group’s stocks appear on Nasdaq Nordic. Over 215,000,000 Evolution Gaming Group shares are listed and their market value ranges between 635.2 and 1,709.0. If you are thinking about investing in the iGaming industry, investing in Evolution Gaming Group is an excellent choice.

Caesars Entertainment

Caesars Entertainment is another leading brand in the gambling industry. Formerly known as Eldorado Resorts Inc. Caesars Entertainment was established twenty-five years ago in 1996 in Reno, the state of Nevada. This American entertainment company owns and operates several high-end casino resorts. Back in 2020, the company was acquired by Eldorado Resorts.

Some of the properties operated and owned by Caesars Entertainment are Bally’s Las Vegas, Flamingo Las Vegas, Indian Grand in Shelbyville, Isle Casino Hotel in Bettendorf in Iowa, Isle Casino in Black Hawk in Colorado, Grand Victoria Casino in Elgin Illinois, The Linq in Paradise Nevada, The Cromwell also located in Paradise Nevada, Harrah’s Hoosier Park in Anderson Indian, and Horseshoe Casino in Baltimore Maryland.

Under a management or lease agreement, the company also operates Harrah’s Cherokee in North Carolina, Belle in Baton Rouge Louisiana, Caesars Palace in Nevada, Harrah’s in Arizona, Harrah’s in Missouri, and Harveys Lake Tahoe in Nevada among many other properties. Caesars Entertainment stocks are traded on Nasdaq.

DraftKings

In the world of online sports betting, DraftKings is doubtlessly one of the leaders. DraftKings was founded nine years ago by Matt Kalish, Jason Robins, and Paul Liberman. The company is based in Boston, the state of Massachusetts.

DraftKings is most famous for its weekly and daily fantasy sports contests in the most popular North American professional sports leagues including the NFL, MLB, PGA, NBA, and NHL. DraftKings also hosts regular fantasy sports contests based on the Premier League, XFL, Canadian Football League, MMA, NASCAR, and the UEFA Champions League.

DraftKings was one of the very first companies to launch its online sports betting site in the state of New Jersey. Following the launch of its sportsbook in NJ, the company also launched sports betting sites in several other states including New Hampshire, West Virginia, Pennsylvania, and Indiana. DraftKings stocks are also traded on Nasdaq.

Click Here to register for free on Investors Hub

This area of the investorshub.advfn.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of Investors Hub. Investors Hub does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at Investors Hub is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by investorshub.advfn.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.

Comments are closed

 


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.