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Sports Betting IPOs on the Way & iBET Sports Betting & Gaming ETF (IBET)

June 21, 2023

With the IPO market starting to open up, Sports Betting IPOs are on deck for the US Market and Flutter (FLTR-LN) and Fanatics are two we should be seeing soon. Flutter Entertainment listed on the London Stock Exchange (FLTR-LN) operates a portfolio of well-known brands in the gambling and gaming industry, including Paddy Power, Betfair, FanDuel, and PokerStars. The company provides various online betting and gaming services, including sports betting, casino games, poker, and daily fantasy sports. Fanatics is a sports merchandise and e-commerce company that specializes in the sale of licensed sports apparel, accessories, and memorabilia. Fanatics has recently entered into the sports betting arena as well. It is recognized as one of the leading retailers of licensed sports merchandise globally. One way to invest in these new IPOs, is the iBET Sports Betting & Gaming ETF (IBET), which is up 16% YTD.