Gambling companies are positioned for growth on the back of seasonal discretionary spending November through January are broadly considered to be peak holiday season. These three months are characterized by increased retail spending, travel and tourism, and splurges on luxuries. This includes a spending binge on casinos, online gambling, and iGaming. Therefore, from a seasonal perspective, investors consider exposure to some of the best gambling stocks. With positive earnings momentum, these stocks may deliver handsome returns in the next one or two quarters. A long-term perspective makes the stocks appealing. As an example, the online gambling market is expected to be worth $153.57
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