The 3 Largest Gambling Stocks in 2020
The gambling industry is certainly an interesting place for investors to seek opportunity today. The casino side of the industry is in turmoil right now, as COVID-19 has changed the game for the leading players. However, if and when a COVID-19 vaccine is approved for safe use, these beaten-down stocks could surge big time.
On the other hand, the world of online gambling is thriving. While COVID-19 has taken physical gambling halls out of the equation for many, the return of live sports has made online sports gambling a perfect outlet for those looking to scratch their gambling itch.
Meanwhile, a 2018 Supreme Court decision allowed states to legalize sports betting, and 23 states have already done so, with a total of 41 expected to legalize by 2022, adding another potential growth opportunity for the industry.
Source Fool.com
