Casino always wins, right? Everyone knows that gambling is extremely risky. But if I tell you that you can earn money on someone’s risk? There is a way to do that and it’s called VanEck Vectors Gaming ETF. It tracks MVIS Global Gaming Index which is intended to follow ” the overall performance of companies involved in casinos and casino hotels, sports betting, lottery services, gaming services, gaming technology and gaming equipment.”
Most of the companies in mentioned ETF’s portfolio come from USA, Hong Kong, Australia and UK. According to Rocky White, Schaeffer’s Senior Quantitative Analyst, VanEck Vectors Gaming ETF was one of the best performing ETFs in October.
In our articles, we often say that one should seek for an investment that allows him or her to minimalize the risk and to maximize the profit. In this case, we can take advantage of someone’s risky decisions without taking any serious risk on us. So as investors we don’t care who wins in casino because we win as long the gambling industry is growing.
Here is the table with performance of the VanEck Vectors Gaming ETF.
Data: Capital Lab