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Considering investing in online gambling stocks? While the best online gambling stocks depend on your portfolio and investment goals, we've identified some online gambling stocks that are worth keeping an eye on in the iGaming sector. Keep reading to learn more about online gambling stocks and how to start investing.
7 popular online gambling stocks to watch
We round up a selection of stocks in or related to the iGaming industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy on Questrade |
|---|---|---|---|---|---|
| Flutter Entertainment (FLUT.US) | -61.80% | $14.4 billion (USD) | NYSE | 2,363,021 | Buy now |
| DraftKings (DKNG.US) | -31.22% | $11.7 billion (USD) | NASDAQ | 8,878,500 | Buy now |
| Rush Street Interactive (RSI.US) | -25.38% | $2.8 billion (USD) | NYSE | 6,607,364 | Buy now |
| Penn National Gaming (PENN.US) | 9.28% | $2.3 billion (USD) | NASDAQ | 3,751,000 | Buy now |
| MGM Resorts International (MGM.US) | -8.27% | $7.7 billion (USD) | NYSE | 9,935,747 | Buy now |
| Rush Street Interactive (RSI.US) | -25.38% | $2.8 billion (USD) | NYSE | 6,607,364 | Buy now |
| Rivalry (RVLY.V) | -85.71% | $436,344 (CAD) | TSX Venture Exchange | (data unavailable) | Buy now |
What to look for when investing in online gambling stock
The iGaming industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering online gambling stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in online gambling stock
- Research the iGaming industry. Before investing, learn about the online gambling stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the online gambling stock(s) to buy. Search by company name or ticker symbol, like FLUT or DKNG. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy online gambling stocks
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Best for Beginners
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Are online gambling stocks a good investment?
While it's possible to turn a profit investing in online gambling stocks, keep in mind that—like any investment—online gambling stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the iGaming industry, so carefully vet your picks before you invest.What are the best online gambling stocks?
A lot of factors go into picking the best online gambling stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong online gambling stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular online gambling stocks in or related to the iGaming industry to help narrow down your options:
- Flutter Entertainment (FLUT)
- DraftKings (DKNG)
- Rush Street Interactive (RSI)
- Penn National Gaming (PENN)
- MGM Resorts International (MGM)
- Rush Street Interactive (RSI)
- Rivalry (RVLY)
Keep in mind that this is not a "best" list or a recommendation. It highlights some online gambling stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each online gambling stock below. Keep reading to decide if any of these companies are the right investment for you.
Flutter Entertainment (FLUT)
Flutter Entertainment plc operates as a sports betting and gaming company in the United States, the United Kingdom, Ireland, Australia, Italy, and internationally. It provides sportsbooks; iGaming products, such as blackjack, roulette, slot machines, poker, and rummy, as well as lottery products; and sports betting products, which include Betfair betting exchanges, daily fantasy sports, and horse racing wagering under the TVG brand.
The company offers sports betting and gaming services through fanduel.com, tvg.com, betfair.com, paddypower.com, and paddypower.
| Closing stock price | $82.59 |
|---|---|
| Market Capitalization | $14.4 billion |
| Gross profit (TTM) | $7.2 billion |
| Profit margin | -5.37% |
| Revenue (TTM) | $17.2 billion |
| Earnings per share (TTM) | -$5.36 |
| 52-week stock price range | $72.56 – $235.77 |
DraftKings (DKNG)
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. The company offers online and retail sports betting, daily fantasy sports, digital lottery couriers, prediction markets, and other products, as well as retails sportsbooks.
It also provides iGaming, or online casino products, which includes blackjack, roulette, baccarat and slot machines.
| Closing stock price | $20.91 |
|---|---|
| Market Capitalization | $11.7 billion |
| Gross profit (TTM) | $4.7 billion |
| Profit margin | -2.68% |
| Revenue (TTM) | $6.2 billion |
| Earnings per share (TTM) | -$0.35 |
| 52-week stock price range | $18.35 – $36.98 |
Rush Street Interactive (RSI)
Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, and Latin America. The company provides real-money online casinos, online and retail sports betting, and social gaming services.
It also offers full suite of games comprising bricks-and-mortar casinos, such as table games, slot machines, and poker games.
| Closing stock price | $12.35 |
|---|---|
| Market Capitalization | $2.8 billion |
| Gross profit (TTM) | $524 million |
| Profit margin | 2.56% |
| Revenue (TTM) | $1.5 billion |
| Earnings per share (TTM) | $0.35 |
| 52-week stock price range | $11.39 – $34.53 |
Penn National Gaming (PENN)
PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in the United States and internationally. The company operates through five segments: Northeast, South, West, Midwest, and Interactive.
It operates a portfolio of casinos, racetracks, and online sports betting; online gaming portfolio, such as theScore Bet, an online sportsbook; theScore Casino, a stand-alone iCasino website and app; Hollywood Casino, an iCasino and theScore Bet website and app; PENN Game Studios, its in-house iCasino and social gaming content studio; and PENN Play, a customer loyalty program.
| Closing stock price | $15.89 |
|---|---|
| Market Capitalization | $2.3 billion |
| Gross profit (TTM) | $2.5 billion |
| Profit margin | -12.66% |
| Revenue (TTM) | $7.2 billion |
| Earnings per share (TTM) | -$0.16 |
| 52-week stock price range | $11.65 – $22.36 |
MGM Resorts International (MGM)
MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. It operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital.
The company operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms.
| Closing stock price | $29.96 |
|---|---|
| Market Capitalization | $7.7 billion |
| Gross profit (TTM) | $7.7 billion |
| Profit margin | 3.92% |
| Revenue (TTM) | $17.7 billion |
| Earnings per share (TTM) | $2.60 |
| 52-week stock price range | $26.71 – $51.59 |
Rush Street Interactive (RSI)
Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, and Latin America. The company provides real-money online casinos, online and retail sports betting, and social gaming services.
It also offers full suite of games comprising bricks-and-mortar casinos, such as table games, slot machines, and poker games.
| Closing stock price | $12.35 |
|---|---|
| Market Capitalization | $2.8 billion |
| Gross profit (TTM) | $524 million |
| Profit margin | 2.56% |
| Revenue (TTM) | $1.5 billion |
| Earnings per share (TTM) | $0.35 |
| 52-week stock price range | $11.39 – $34.53 |
Rivalry (RVLY)
Rivalry Corp., through its subsidiaries, operates as an esports and sports betting company in Canada and internationally. It operates through the Sportsbook and Gaming segments.
The company offers regulated online wagering on esports, sports, fantasy, and casino games for digital generation; and develops a technology platform that offers fixed odds sports betting and third-party gaming products.
| Closing stock price | C$0.01 |
|---|---|
| Market Capitalization | C$436,344 |
| Gross profit (TTM) | C$6.3 million |
| Profit margin | -207.86% |
| Revenue (TTM) | C$6.3 million |
| Earnings per share (TTM) | -C$0.19 |
| 52-week stock price range | C$0.01 – C$0.08 |
Compare trading platforms to buy online gambling stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
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To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score, the better the platform—it's that simple.
Bottom line
If you're considering adding online gambling stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of online gambling stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the iGaming industry to know when to buy, sell or hold. How to buy stocks in CanadaFrequently asked questions about online gambling stocks
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond online gambling stocks, here are some others you can consider:
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Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.
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