Sports Betting Is Soaring – And These Four Stocks Can Put You in the “End Zone”

Get ahead before this trends gets even bigger... [TradeSmith Daily]( Sports Betting Is Soaring — And These Four Stocks Can Put You in the “End Zone” The NFL season officially kicked off with a “Thursday special” last week, with Detroit Lions head coach “Motor City” Dan Campbell pushing his team to victory against the Super Bowl champ Kansas City Chiefs 21-20. The upset — and speculation about the Chiefs losing their “edge” — dominated the headlines. But hidden behind those headlines and the buzz that continues is the real story — and the real opportunity that’s arrived as this new NFL season heats up. A record 73.5 million Americans plan to place a wager during this NFL season. We’re talking about a dramatic 68% jump from the estimated 46 million folks who made NFL-related bets last season. And there are four companies — all publicly traded — that are benefitting in a big way. [Derby City Insights]( Senior Analyst Andy Swan is watching all of them. Swan’s a master at identifying powerful trends — like sports betting — long before they take off. He [tells his readers]( early on — and shows them the best way to act. The ongoing wave of sports betting legislation — now legal in Washington D.C. and 34 states — is giving millions access to wagers on football, baseball, basketball, and other sports. Technology is helping drive this, making it easier for folks to find, understand, and place bets — and for winners to cash out in minutes. So let’s review the four companies on Andy’s moneymaking watchlist. RECOMMENDED LINK [NVDA Stock is SURGING, But This $2 AI Gem Has Even More Upside Potential]( With Nvidia’s dominance in AI, its trailblazing technology, and the escalating demand for AI applications it makes a robust candidate for continued growth. But if you feel like you missed out on Nvidia’s meteoric rise, and you don’t want to wait around for a pullback, there are smaller players out there ready to breakout... If you know where to look. Just recently, [this system helped us spot what we believe could be one of the biggest undercover AI opportunities of the decade](. But with AI tailwinds at its back, this $2 stock is only just getting started. [Go here now for the details]( The Online Titans So far this year, 70% to 90% of sports betting is done online. Andy says that DraftKings Inc. ([DKNG]( and FanDuel-owner Flutter Entertainment ([PDYPF]( lead the pack, with market shares of 32% and 45%, respectively. And while other players like BetMGM, Caesars Sportsbook, and Barstool Sports are in the race, they’re trailing behind. Andy’s data from Likefolio shows DraftKings and FanDuel are in a fierce battle for web traffic, hinting they may be doing the best job of onboarding new sports bettors: Old-School Betting While technology makes betting easier, some still like to wager “old school,” digging the ritual and emotional jolt of the in-person betting experience offers. As more states roll the dice on sports betting, certain companies will benefit more than others. In that regard, PENN Entertainment Inc. ([PENN]( and Churchill Downs Inc. ([CHDN]( are both on Andy’s radar. LikeFolio’s happiness stats give Churchill Downs a slight edge over PENN, making it a potential favorite for investors. RECOMMENDED LINK [Hidden AI stock is secret key to ChatGPT (Trades for less than $5)]( One of the world’s great stock experts just revealed details about an obscure AI stock that trades under a hidden name. The company is seeing surging sales on the technology needed to run powerful language models like ChatGPT. [Click here for more details]( Final Thoughts Last June, Andy’s consumer insights machine triggered buy alerts on five gambling stocks. Four out of five of those picks have rocketed by double or triple digits in the months that followed — with one of them zooming as much as 168%. If you missed that, fear not: There’s still a hefty upside. With sports betting still not legalized in every state in the union, this industry is just getting started… and so are the opportunities for investors. By 2027, we could be talking about a $14.4 billion industry — for online sports betting alone. Powerful trends with that kind of “staying power” is how investing wealth is created. [And the moneymaking potential will be huge by following along with Andy’s insight.]( Enjoy your Tuesday, [Keith Kaplan]Keith Kaplan CEO, TradeSmith Get Instant Access Click to read these free reports and automatically sign up for research throughout the week. [25 Doomed Blue Chip Stocks]( [3 Stocks That Could Triple This Year]( [Download now on the Apple Store]( [Get It On Google Play]( [Customer Support: 866.385.2076](tel:+866-385-2076) | support@tradesmith.com [Request Customer Service](mailto:support@tradesmith.com) ©TradeSmith, LLC. All Rights Reserved. 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