Investing

Esports and Gambling stocks

  • Last Updated:
  • Feb 21st, 2021 5:27 pm
[OP]
Deal Addict
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Jul 20, 2003
1134 posts
209 upvotes

Esports and Gambling stocks

I thought that this deserves it's own thread as esports and gambling stocks will be huge this year. With pending legalization of single sports betting, this is a sector to watch.

We are still on the early stages and I've been buying LUCK (Real Luck) and some ESE (ESE Entertainment) and has been doing good so far.
Last edited by Matrix_dot_ca on Feb 21st, 2021 5:10 pm, edited 1 time in total.
4 replies
Deal Addict
Jun 27, 2006
1893 posts
2131 upvotes
The NBA has some betting company as a sponsor/advertiser now. I believe in the US they aren't considering it betting/gambling but rather "skills or knowledged"-based since you would be using your knowledge of the respective teams/players or something to that effect; heard it on a podcast discussing the early days of sports betting and Las Vegas. Much like how weed is legal here, the tax dollars are just too attractive for the government not to get a piece of it.
[OP]
Deal Addict
User avatar
Jul 20, 2003
1134 posts
209 upvotes
maple1 wrote: The NBA has some betting company as a sponsor/advertiser now. I believe in the US they aren't considering it betting/gambling but rather "skills or knowledged"-based since you would be using your knowledge of the respective teams/players or something to that effect; heard it on a podcast discussing the early days of sports betting and Las Vegas. Much like how weed is legal here, the tax dollars are just too attractive for the government not to get a piece of it.

True about the tax dollars, too good to pass it up. With the looming deficit, Gov't will try to find ways to recoup those money back.
Deal Guru
Feb 9, 2006
12709 posts
7376 upvotes
Brampton
Score or SCR.TO has done incredibly well In the last 18 months. I took a stab at it in Nov thinking with all those casinos closed people will still want to get their gambling on (which also explains the stock market)
Deal Addict
Jan 5, 2018
1252 posts
991 upvotes
I got into eSports gambling ETF because I know nothing about this industry lol. I just see huge potential and thought I would diversify my risk.
NOT A WOMAN. JUST GOT A WEIRD NAME. I AM A MAN. THANKS.

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