Launch of Europe’s first Sports Betting and iGaming ETF
- Europe’s first Sports Betting and
iGaming UCITS ETF (ticker: BETS) to list on London Stock Exchange in June 2021.
- The betting and igaming ETF provides exposure to the
rapidly growing global sports betting and iGaming industry.
- BETS tracks the Solactive Fischer
Sports Betting and iGaming Index which achieved back-tested net total returns
of 121.17% from 29/05/20 to 10/05/21. Past performance is no guarantee of
- BETS is distributed on the HANetf platform alongside its
growing range of thematic ETFs and exchange traded cryptocurrencies and
The launch of Europe’s first Sports Betting and iGaming ETF on the HANetf platform will deliver exposure to the sports betting and iGaming industry
as it tracks a selection of leading companies within the sector. The Fischer Sports Betting and iGaming UCITS ETF (LSE ticker: BETS) will list on London Stock Exchange in
June and will be passported for sale across Europe.
Online gambling had largely been illegal
in the United States, however recent regulatory changes allowing individual US
states to legalise sports betting and iGaming (online activities that include
poker and online casinos games such as blackjack, slots and fantasy sports),
has been a major growth catalyst for the market. Other growth drivers have
included a wider social acceptance of sports betting as an entertainment
activity; sports betting support from sports leagues, teams and media companies;
technological improvements that allow an enhanced online experience; and more
generally, greater time spent on mobile devices.
In their March 2021 equity
Goldman Sachs forecast the expansion of the US sports betting and iGaming market
by 23 times, from $2.3b in 2020 to $53b in 2033. The industry is expected to
generate high EBITDA margins, according to estimates by Morgan Stanley
and Draftkings. These
high margins combined with relatively low capital expenditures will also support
strong free cash flow generation and high return on investment (ROI) for the
ETF will track the Solactive Fischer Sports Betting and iGaming Index which is
focused on companies that generate the majority of their current and/or
expected revenues via Sports Betting and iGaming. The index-
back-tested performance shows it achieved 121.17% net total returns from
29/05/20 to 10/05/21.
The ETF will have a Total Expense Ratio of 0.69%.
Aaron Fischer co-Founder of BETS has 15 years of experience in the gaming industry, including his previous role
as Chief Strategy Officer at MGM Resorts International and he was a leading
equity research analyst at CLSA/Citic and Goldman Sachs. He has applied all
this experience in constructing a truly unique and innovative index.
Past performance is no guarantee
of future results. When you trade ETFs your capital is at risk.
Aaron Fischer, co-founder of
the Fischer Sports Betting and iGaming UCITS ETF , said “Having witnessed a huge uptick in the take-up of sports betting and
iGaming boosted by favourable regulatory changes, we feel that now is the
perfect time to launch our Fischer Sports Betting and iGaming ETF.
The growth forecasts for this sector are hugely promising and we are excited to
offer European investors the opportunity to gain exposure to this exciting and evolving
“Our index includes a range of companies from the larger
consumer facing companies that include Caesars Entertainment, DraftKings, Flutter,
Entain, MGM Resorts International and PointsBet. We also include some “picks
and shovels” companies that provide other services to the industry and form an
important part of the industry value chain. Some examples include Evolution
Gaming, IGT, Playtech and Kambi.
Hector McNeil co-Founder
and co-CEO at HANetf “HANetf has consistently been at the forefront
of innovation within the European ETF market and the addition of the
Fischer Sports Betting and iGaming UCITS ETF only adds further credence to that
claim. We’re delighted to finally offer the European investor a seat at the
Sports Betting and iGaming table, having watched from the side-lines as their
North American counterparts have taken advantage of this exciting growth
HANetf is continually building out the
range of thematic ETFs it offers with the objective of being the deepest in Europe
backed by true experts in their fields such as Aaron with over 15 years of
experience in the sports betting and iGaming sectors. This brings a true
insight to investors.”
When you trade ETFs your capital is at risk.
Sports Betting and iGaming ETF fund page