The gaming industry, particularly the sports betting sector, is undoubtedly riding a wave of growth. The sports betting boom brings excitement to the gaming sector and a potential opportunity for investors. Based on the data, diversifying through the BJK ETF may provide the highest probability of success with the least downside risk.Īs we welcome a new NFL season amid the continuing growth of online sports betting, there's more than team pride at stake. Despite the trends outlined above, it's unclear whether the increase in betting during the football season directly influences the outperformance of gaming stocks.
With that said, it's important to note that correlation doesn't equal causation.
