Best Casino ETFs to buy in 2023
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The casino industry has been around for years and companies in this sector have produced growth for investors in most economic conditions. Investing in casino ETFs is an easy way to get exposure to the best stocks in the industry. Our guide picks five of the top casino ETFs for the coming year and tells you where to buy them.
What are the top Casino ETFs to buy?
In the table below we’ve listed the best five casino ETFs selected by our expert analysts. You’ll find each one’s ticker symbol and name. Continue scrolling to learn why we recommend these ETFs.
| # | ETF symbol | ETF name | Trade ETF |
|---|---|---|---|
| 1 | BETZ | Roundhill Sports Betting & iGaming ETF | |
| 2 | BJK | VanEck Gaming ETF | |
| 3 | VICE | AdvisorShares Vice ETF | |
| 4 | BEDZ | Advisorshares Hotel ETF | |
| 5 | EWH | iShares MSCI Hong Kong ETF |
1. Roundhill Sports Betting & iGaming ETF (NYSEARCA: BETZ)
Top of our list is the Roundhill Sports Betting & iGaming ETF, which is designed to offer investors exposure to sports betting and iGaming industries. It’s one of the largest ETFs dedicated to gambling with just under half a billion dollars in assets. BETZ includes companies that are actively involved in the sports betting and iGaming industries.
It contains 40 holdings and uses a tiered weighting system which means it allocates more of the fund to what it believes are stronger companies. Although its focus is towards sports and gaming, it holds a number of well known casino stocks. Companies including MGM Resorts and Caesars Entertainment are two of its largest casino companies.
BETZ has a global portfolio of gambling stocks, however much of its fund is focused in Europe and the United States. It has performed well since its inception in 2020 and climbed over 100% in the following year. This ETF could be a good investment for anyone wanting exposure to online betting as well as casinos.
2. VanEck Gaming ETF (NASDAQ: BJK)
Similar to the Roundhill above, BJK consists of 40 holdings although it has a larger number of casino stocks. It seeks to track the performance of the MVIS global gaming index and is a pure play gambling fund containing companies from around the world. Its largest holding is Evolution AB, a Swedish based provider of online live casinos.
Its top ten include four physical casino businesses: MGM Resorts, Caesars Entertainment, Las Vegas Sands, and VICI properties. All four are U.S based companies which is where almost half of the fund is invested. It does, however, include a few international casino businesses such as Sands China and Genting Singapore.
VanEck not only provides exposure to physical casinos but also casino-related real estate, online gambling, and the technologies required to facilitate betting online. Investing in it could make a good addition to a well balanced portfolio while getting access to some of the best casino businesses globally.
3. AdvisorShares Vice ETF (NYSEARCA: VICE)
Third spot on our list goes to the AdvisorShares Vice ETF. As its name somewhat suggests, VICE invests in the products and services that people find pleasure in regardless of economic conditions. VICE seeks long-term growth from global companies operating in “vice” industries which can include alcohol, tobacco, and gambling among others.
It is an actively managed ETF which means it does not follow a traditional index-tracking strategy like many other ETFs. Instead, its fund manager has direct control over its holdings allowing for quicker and more opportunistic adjustments. It is heavily geared towards U.S. based companies where nearly 90% of the fund is invested.
Gambling and casinos make up a large portion of its 40 holdings and included in its top ten are many casino real estate developers. It offers an easy way to invest in the top casino stocks from around the world and has shown it can hold up well in tough economic climates. This was seen during the pandemic when over 100% was added to its value
4. Advisorshares Hotel ETF (NYSEARCA: BEDZ)
Another ETF from Advisorshares joins our list, although this one isn’t a specific casino fund, rather it focuses on the hotel industry. However, many of its hotel holdings also operate casinos, giving it a different approach to investing in gambling. It invests in hotels and casinos around the world, although most of its holdings are U.S. based.
With just under 30 stocks, it operates a tired weighting system meaning how much of a single company the fund holds is decided by its manager. Some of North America’s leading casinos are held by BEDZ including Golden Entertainment, Century Casinos, Monarch Casino, and Boyd gaming group.
The Advisorshares hotel ETF gives investors an indirect way to invest in the casino industry, while also capitalising on the wider hotel and leisure sectors. The travel and hotel market is set for a comeback following lockdowns from coronavirus and investing in BEDZ could be a potential way to anticipate gains in the sector.
5. iShares MSCI Hong Kong ETF (NYSEARCA: EWH)
Taking the last place on our list is the iShares MSCI Hong Kong ETF. Similar to the Advisorshares ETF above, EWH gives investors an indirect way to invest in the casino industry while focusing on the Asian market. More specifically the Macau gambling sector which is four times the size of Nevada.
Included in EWH are over 30 stocks located in Hong Kong with many being gambling related. Some of its top casino holdings include Galaxy Entertainment group, a company that operates multiple casinos in Macau and Sands China, a leading developer of hotels and casinos in the region.
Not only does EWH give exposure to casino stocks, it also includes some of Hong Kong’s top companies such as AIA. Investing in the iShares MSCI is an easy way to gain exposure to the growing Macau gambling market, which is set to continue growing, while also benefiting from some of Hong Kong’s best companies.
Where to buy the best Casino ETFs
Buying and selling ETFs can be done in the same way as stocks. That means before investing you’ll need to register with a broker. The table below shows some of the top rated platforms for ETFs. Click through to the links to sign up in a few minutes.
What is a Casino ETF?
An ETF is an exchange traded fund that is available to buy on a stock exchange. Each fund is designed to track the performance of a particular index or industry. There are no pure play casino ETFs, although there are many that focus on gambling and gaming which we’ve included in our top five list above.
Are Casino ETFs a good investment?
They can be, but there is a lot to consider before making a decision. The casino industry has performed well in recent years and as many companies in the sector move to online gambling, it’s only set to grow. On the other hand, physical casinos were hit hard during the pandemic and have yet to recover, so could prove to be riskier investments.
Casino ETFs are few and far between and there are only a couple that are directly associated with gambling only. However, there are many ETFs that include casino stocks within their funds making it easy for investors to gain exposure to a wider market, while still focusing on gambling.
Whatever you decide to do, it’s always a good idea to keep up to date with the latest news and market analysis which you can do by clicking on the links below. It’s also helpful to conduct in depth technical and fundamental analysis before investing. Above all, you’ll need a reputable broker before buying and if you click the button below, you’ll be taken to our list of expertly selected ones.
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