Roundhill Sports Betting & iGaming ETF Stock Price, News & Analysis

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund designed to provide investors with targeted exposure to the burgeoning sports betting and online gaming industry. Managed by Roundhill Financial Inc., an innovative investment adviser, BETZ aims to capitalize on the growing interest in both in-person and online sports betting, as well as iGaming platforms.

As of October 2, 2023, BETZ will track the Morningstar® Sports Betting & iGaming Select IndexSM, developed by Morningstar, Inc. This new index seeks to offer pure exposure to companies involved in sports and online betting through a diversified portfolio of common stocks and corresponding American Depositary Receipts (ADRs) or Global Depositary Receipts (GDRs). The transition to this new index was announced on September 18, 2023, and aims to enhance the ETF's alignment with the evolving sports betting market.

The Morningstar® Sports Betting & iGaming Select IndexSM, similar to the previous index, is a global index that includes companies engaged in operating sports books, online gambling platforms, and those providing the necessary infrastructure or technology to support these operations. This targeted exposure allows investors to tap into the rapid expansion of regulated sports betting and iGaming markets worldwide.

Roundhill Financial Inc. offers a prospectus detailing the investment objectives, risks, charges, and expenses associated with BETZ. Investors are advised to read this carefully before investing. The fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Roundhill Financial Inc. or U.S. Bank. As with all investments, BETZ involves risks including market volatility, competition, and regulatory uncertainties in the sports betting industry.

Recent changes and strategic decisions reflect Roundhill's commitment to providing high-quality, theme-based investment products that cater to modern market trends. The ETF is poised to benefit from the continued growth and mainstream acceptance of sports betting and iGaming, making it an attractive option for investors looking to diversify their portfolios with exposure to these sectors.