5 Best Sports Betting Stocks to Buy Now

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In this article we discuss the 5 best sports betting stocks to buy now. If you want to read our detailed analysis of the sports betting industry, go directly to 10 Best Sports Betting Stocks to Buy Now.

5. Boyd Gaming Corporation (NYSE: BYD)

Number of Hedge Fund Holders: 28

Ranking 5th on the list of 10 best sports betting stocks is Boyd Gaming. The company recently signed a partnership with FanDuel (OTCPK:PDYPY) to launch online casinos in New Jersey and Pennsylvania. Last year, the company launched a new version of its B Connected sports betting app.

Mario Gabelli’s GAMCO Investors is one of the 28 hedge funds tracked by Insider Monkey having stakes in BYD at the end of the fourth quarter. The fund owns over 1.3 million shares of the company.

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