Gaming stocks: Worth a bet for later
The pandemic forced gaming stocks to reconsider their operating models, and some are now in better shape than before
28 April 2023 - 08:00
Sin sector shares have traditionally been popular in bad times for the economy. Bad habits die hard, and vices ... well, they tend to linger. With this in mind, is it time for investors to place their bets on JSE-listed gaming stocks?
These stocks — casino operators and alternative plays such as limited payout machines (LPMs), electronic bingo terminals (EBTs) and sports betting — have given nifty turnaround payouts since slumping to near record lows in May 2020, when the Covid pandemic unceremoniously shut up operations. ..
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