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Barchart
Barchart
Rob Isbitts

This ETF Is Gambling on a Name Change, But It’s Already Won. How to Play the Sports Betting and Prediction Markets Here.

I’ll admit it. I love horse racing. I’m not a big-dollar gambler, but the sport appeals to me. That might be because I happen to live in one of the only places where they race live 12 months a year, in the sunshine. 

But as horsemen in most U.S. states know, racetracks are tied at the hip with casinos. Because that’s what brings in the really huge dollars. So racing and gaming get “coupled” in many locales. And there’s no denying that casinos, sports books, and other forms of “gaming” are about as hot an industry as we’ve seen in the 21st century. 

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