{"id":1548,"date":"2019-04-23T10:56:40","date_gmt":"2019-04-23T10:56:40","guid":{"rendered":"https:\/\/stockchase.com\/discover\/?p=1548"},"modified":"2019-04-23T18:41:35","modified_gmt":"2019-04-23T18:41:35","slug":"the-right-horses-to-bet-5-sports-betting-stocks-to-buy-now","status":"publish","type":"post","link":"https:\/\/stockchase.com\/discover\/the-right-horses-to-bet-5-sports-betting-stocks-to-buy-now\/","title":{"rendered":"The Right Horses to Bet: 12 Sports Betting Stocks to Buy Now"},"content":{"rendered":"<p>Last year, the U.S. Supreme Court allowed regulation to be taken charge by States instead of the Federal Government. The illegal market in the U.S. alone is estimated at $150 billion waged every year. Legal sports gambling is growing everyday. The industry has a 20% growth projection for the next 5 years.<\/p>\n<p>Across the pond, gamblers have been participating in sports betting. In the U.K.,Europe\u2019s largest sports betting market, has liberalized online gambling regulations.<\/p>\n<p>The most obvious players in the industry to take advantage of this are casinos who are well established. Furthermore, the majority of wagers are expected to take place via apps in the near future.<\/p>\n<p>Here are the best stocks to take advantage of this new opportunity in legalized sports betting.<\/p>\n<p>&#x1f0cf; <strong>Casinos &amp; Gaming<\/strong><\/p>\n<p><strong>Canadian<\/strong><\/p>\n<p><a href=\"https:\/\/stockchase.com\/GC-T\">Great Canadian Gaming Corp (GC-T)<\/a><br \/>\nA Canadian casino operator that has recently won many contracts in Ontario. Due to restrictions and regulations, they have little competition and basically has a monopoly on gaming in Toronto. They are sure to take advantage of sports gambling.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/GC-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"Great Canadian Gaming Corp (GC.TO)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/GC-T\">\n\t\t\tGreat Canadian Gaming Corp (GC.TO)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about GC.TO: (A Top Pick Nov 19\/18, Up 17%) He still likes it. A high quality company with good long-term outlook. They are spending a lot of\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/PBL-T\">Pollard Banknote Ltd (PBL-T)<\/a><br \/>\nThey are best known for instant win lottery tickets. They have a great social media presence, pay a good dividend and has been a solid gaming company.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/PBL-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"Pollard Banknote Ltd (PBL.TO)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/PBL-T\">\n\t\t\tPollard Banknote Ltd (PBL.TO)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about PBL.TO: A major core holding of his. Sports betting doesn't impact instant lottery tickets which is in fact booming. PBL leads in\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/TSGI-T\">The Stars Group Inc (TSGI-T)<\/a><br \/>\nA market leader in poker but are moving into sports gambling now. They made a deal with NBA to be their gambling provider. They\u2019ve expanded into the UK and Australia and they still have some space to grow.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/TSGI-T\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"The Stars Group Inc (TSGI.TO)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/TSGI-T\">\n\t\t\tThe Stars Group Inc (TSGI.TO)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about TSGI.TO: Looking at the past 5 years, earnings and FMV haven't gone anywhere. They have lots of things on the go. Good upside\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><strong>United State<\/strong><\/p>\n<p><a href=\"https:\/\/stockchase.com\/MGM-N\">MGM Mirage (MGM-N)<\/a><br \/>\nThe largest casino operator in the U.S. It has invested in sports betting and are building a sports betting empire. They recently made a deal with Major League Baseball as their official gaming partner.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/MGM-N\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"MGM Resorts International (MGM)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/MGM-N\">\n\t\t\tMGM Resorts International (MGM)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about MGM: (A Top Pick Nov 19\/19, Up 2%) Two days ago, it was up 12%, but the coronavirus has really pressured this. Buy this on any pullback.<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/CHDN-O\">Churchill Downs Inc (CHDN-O)<\/a><br \/>\nThey traditionally are a horse betting company, but the legalization of sports betting represents a big opportunity for them. They\u2019ve already entered the market in Mississippi. For the last 5 years, the stock has trended up and has performed well.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/CHDN-O\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"Churchill Downs Inc  (CHDN-O)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/CHDN-O\">\n\t\t\tChurchill Downs Inc  (CHDN-O)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about CHDN-O: A year ago, we could have made some money. He cannot understand why the stock is making new highs. The horse racing sport is\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/PENN-Q\">Penn National Gaming Inc (PENN-Q)<\/a><br \/>\nA large casino company that is betting big on sports betting, with a $3.1 million investment to launch sports betting at their Mississippi and Hollywood casinos.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/PENN-Q\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"Penn National Gaming Inc (PENN)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/PENN-Q\">\n\t\t\tPenn National Gaming Inc (PENN)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about PENN: They report Thursday. A favourite of his among gambling, which has been on a tear lately. The report will say whether their\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/BYD-N\">Boyd Gaming Corp. (BYD-N)<\/a><br \/>\nThey announced a partnership with MGM last year to focus on the future of online gambling and sports betting. They will be providing a platform for sports betting, casino gaming and poker.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/BYD-N\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"Boyd Gaming Corp. (BYD)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/BYD-N\">\n\t\t\tBoyd Gaming Corp. (BYD)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about BYD: Top Short It is trading down and has been trading down for a long time. Looks like it is forming a bottom, but the trend is still\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/IGT-N\">International Game Technology (IGT-N)<\/a><br \/>\nThey&#8217;ve teamed up with fantasy sports provider FanDuel to enter the New Jersey sports betting market. They are traditionally a slot machine business but they are moving heavily into sports betting.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/IGT-N\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"International Game Technology (IGT)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/IGT-N\">\n\t\t\tInternational Game Technology (IGT)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about IGT: Likes its position in upgrade cycle coming. Expert opinions on International Game Technology (IGT) \u2014 buy, sell, or hold ratings\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/SGMS-Q\">Scientific Games Corp (SGMS-Q)<\/a><br \/>\nTheir SG Sports platform is an online sports betting platform for soccer, tennis, basketball, etc.<br \/>\nThey also partnered with Caesars to launch sports betting at their Casino and racetrack.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/SGMS-Q\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"Scientific Games Corp (SGMS)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/SGMS-Q\">\n\t\t\tScientific Games Corp (SGMS)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about SGMS: Involved in the lottery industry. Business model of this company is phenomenal. Great returns on capital. Very little capital\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/WYNN-Q\">Wynn Resorts Ltd. (WYNN-Q)<\/a><br \/>\nWynn is working on launching a mobile sports betting app, joining the Nevada mobile sports betting applications. They are planning on offering a wide range of functionality and bets on horse races too.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/WYNN-Q\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"Wynn Resorts Ltd. (WYNN)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/WYNN-Q\">\n\t\t\tWynn Resorts Ltd. (WYNN)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about WYNN: Wynne enjoys a core group on consumers who will go to their casinos and any spending online in sports betting adds to that.<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><a href=\"https:\/\/stockchase.com\/LVS-N\">Las Vegas Sands Corp. (LVS-N)<\/a><br \/>\nAn IT solutions provider that is launching an all-in-one sports book solutions for SMEs to offer bets. Their \u2018sports betting in a box\u2019 includes solutions for hardware, middleware and software, and can even process live betting.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/data.wealthica.com\/api\/securities\/LVS-N\/logo?default=https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"Las Vegas Sands Corp. (LVS)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/LVS-N\">\n\t\t\tLas Vegas Sands Corp. (LVS)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about LVS: Among the biggest losers on the S&P in 2021 #3, down 37%. It's a terrific casino operator with a huge operation in Macau. It's\u2026<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p><strong>UK<\/strong><\/p>\n<p><a href=\"https:\/\/stockchase.com\/WMH-LSE\">William Hill (WMH-LSE)<\/a><br \/>\nThe world\u2019s top betting sites who has 25% of the sports betting market in the UK and Ireland. They are looking to venture into the U.S. as well, following the Supreme Court decision. They have a well-established app and has a loyal gambling clientele.<\/p>\n<div class=\" content_cards_card content_cards_domain_stockchase-com\">\n\t\t\t<div class=\"content_cards_image\">\n\t\t\t\t<span class=\"content_cards_image_link\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/no_logo.png\" alt=\"William Hill (WMH-LSE)\">\t\t\t\t<\/span>\n\t\t<\/div>\n\t\n\t<div class=\"content_cards_title\">\n\t\t<a class=\"content_cards_title_link\" href=\"https:\/\/stockchase.com\/WMH-LSE\">\n\t\t\tWilliam Hill (WMH-LSE)\t\t<\/a>\n\t<\/div>\n\t<div class=\"content_cards_description\">\n\t\t<span class=\"content_cards_description_link\">\n\t\t\t<p>Opinion about WMH-LSE: (London Stock Exchange)Largest bookie in England since 1934. Great cash flow generator. Rising dividend. Trades at about 4 x cash flow.<\/p>\n\t\t<\/span>\n\t<\/div>\n\t<div class=\"content_cards_site_name\">\n\t\t<img decoding=\"async\" src=\"https:\/\/stockchase.com\/assets\/favicon.png\" alt=\"Stockchase\" class=\"content_cards_favicon\"\/>\t\tStockchase\t<\/div>\n<\/div>\n<p>Happy trading !<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last year, the U.S. Supreme Court allowed regulation to be taken charge by States instead of the Federal Government. The illegal market in the U.S. alone is estimated at $150 billion waged every year. Legal sports gambling is growing everyday. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":66101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"cwp_meta_box_check":"No","cwp_rev_product_name":"","cwp_rev_product_image":"","wppr_links":[],"cwp_rev_price":"","wppr_options":[],"wppr_pros":[],"wppr_cons":[],"footnotes":""},"categories":[17],"tags":[],"class_list":["post-1548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-lists"],"wppr_data":{"cwp_meta_box_check":"No"},"_links":{"self":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/1548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/comments?post=1548"}],"version-history":[{"count":0,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/posts\/1548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media\/66101"}],"wp:attachment":[{"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/media?parent=1548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/categories?post=1548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stockchase.com\/discover\/wp-json\/wp\/v2\/tags?post=1548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}