Online Gambling Stocks List

admin 3/25/2022

By Luke Lango of InvestorPlace

Casino Industry Overview. The casino industry is in severe distress right now. The spreading coronavirus and resulting global recession have taken their toll on the casino stocks. Casinos are heavily reliant on Macau, the largest gaming market in the world and the only market in China where casinos are legal. Jan 18, 2020 It is predicted that by the year 2022, all around the world, sports fans will be having as much as $1 trillion invested in online betting per year. Five gambling stocks with great potential in 2020. Given below are five gambling stocks that one should keep an eye on in regard to gambling in legalized sports. MGM Resorts (NYSE:MGM). The last of our three online gambling stocks to trade are shares of GameAccount Network. GAN is a London-based SaaS or software-as-a-service solutions provider for this emerging market.

Activision (NASDAQ:ATVI) Take-Two (NASDAQ:TTWO) Electronic Arts (NASDAQ:EA) Nintendo (OTCMKTS:NTDOY) Zynga (NASDAQ:ZNGA) To no one's surprise, video game stocks are on fire right now. The novel coronavirus pandemic has forced everyone inside, and bored consumers starving for at-home entertainment are spending more time (and money) on video games. All of the best video game stocks I follow are up more than 5% year-to-date. The S&P 500, in contrast, is down 13% in 2020. This early 2020 strength in video game stocks is more than a near-term phenomena. It's the beginning of a multi-year run higher thanks to a rush of technological breakthroughs that will dramatically improve the industry's growth prospects in the early 2020s. Those breakthroughs include: 5G. Thanks to this new wave of wireless connectivity, video games -- especially video game streaming services -- will be faster than ever before, with almost no lag and significantly improved graphics. Artificial and virtual reality. Dramatic improvements in AR/VR technology, thanks mostly to 5G deployment, will enable every console and mobile game to include AR/VR capability of some sort. Cloud gaming. Also thanks to 5G, there will be huge breakthroughs in the ability for consumers to simply stream games from the cloud, without the need for hardware, or any installation, or any cables. Together, over the next few years, these technological breakthroughs will: 1) increase the number of consumers interested in gaming, 2) increase the amount of time consumers spend gaming, and 3) increase how much revenue and profit video game companies earn from gamers. All of that means that video game stocks can and will head higher over the next three to five years. As such, if you're looking for stocks to buy for big gains in the early 2020s, consider the best video game stocks:

Game stocks, like the number of Internet and mobiles users, are climbing their way to the top this year. Then practice what you've learned with our free stock market simulation.

VIDEO GAME STOCKS

Power up your portfolio with these popular video game stocks:

SymbolCompanyATVIACTIVISION BLIZZARD INCEAELECTRONIC ARTSGMEGAMESTOP CORP NEWGLUUGLU MOBILE INC Gambling

ZNGAZYNGA INCNTESNETEASE SHS SPONSORED AMERICAN DEPOSITARY RECEIPT …TTWOTAKE-TWO INTERACTIVE SOFTWARE INCNTDOY

NINTENDO SHS UNSPONSORED AMERICAN DEPOSITARY RECEIPT …MSFTMICROSOFT CORPNVDANVIDIA CORP

ABOUT THE GAME STOCK MARKET?

Gaming offers both an interactive and a social experience to users. Games occupy more than 40% of mobile app usage (across both Androids and iPhones) and almost 70% of all tablet use. Players begin young and they don’t really stop playing as they age…which means a lot of gamers.

The gaming industry is flourishing with awesome growth potential. The rising number of Internet and mobiles users combined with fast moving tech ensures a growing number of prospective consumers. It was estimated by the Entertainment Software Association back in 2012 that the U.S. video game industry grew four times faster than the entire U.S. economy from 2009 through 2012. Going forward, worldwide game sales are very likely to soar by the billions.

OTHER GAME STOCKS

Here are some other game stocks:

SymbolCompanyJAKKJAKKS PACIFIC INCMATMATTEL INCSTOYSPIRAL TOYS INCKIDBQKID BRANDS INCHASHASBRO INCDGDOLLAR GENERAL CORPORATION

Investing in toy stocks is not all fun and games. The game manufacturing industry is evolving much quicker than ever before and technology has definitely changed the toy game.

TIPS FOR INVESTING IN GAMING STOCKS

Video games have come a long way. With the industry going digital and mobile gaming generating huge revenue, things are moving fast. Like, real fast. Here are a few important things to keep in mind when comparing companies:

What Products Are Coming Out, And On What Platform

Online Gambling Stocks List

Zynga, for example, relied on Facebook as their platform. What products are coming out and on what kind of platform are important questions to ask when considering a video game maker.

Recent stock performance

Stocks that have been going up in value may continue to do so, but investors can get carried away when looking at poor performing stocks. Usually, the stock will eventually rise to correct its price back to its “true value.”

Who's buying (or selling) the stock

“Sophisticated investors” (AKA hedge fund managers and mutual fund managers) are forced to report when they are buying and selling stocks. If they are buying, it’s probably for a good reason. Don’t go blindly copying their every move, though. It’s important to keep in mind that there’s usually a time lag between purchase and report.

MOTLEY FOOL ALERT HOT STOCK ALERT

*** 9:08 AM ET SEPTEMBER 1, 2020 ALERT: ZOOM VIDEO (TICKER:ZM is up $124 or 38% to $448 in early trading this morning due to a fantastic earnings release. ***

Online Casino Stocks List

DO YOU OWN ZOOM? I DO AND I BOUGHT IT 4 TIMES IN THE LAST 12 MONTHS--THANKS TO THE FOOL!
The Motley Fool has been hot on the stock for a year now recommending it July 3, 2019 when it was at $90; then again Oct 3, 2019 when it was at $76; then again during COVID on March 19, 2020 when it was at $123 and finally again on April 156, 2020 when it was at $150. So now it is at $448. THAT is exactly how they get their incredible returns year after year.

Online Gaming Stocks

Learn more about the Motley Fool Stock Advisor service and how you can get their picks for just $19.

Gambling Stocks

Read These Next

Online Gambling Stocks 2012

Finviz Review: The Pros & Cons to Using This Stock Screener
Robinhood vs. Stash
List of Top 10 Financial Magazines of All-Time