Gaming stocks were under pressure last week, and the Roundhill Sports Betting & iGaming ETF fell by over 3.5%, compared with the S&P 500 Index’s 1.9% decline.
It was the second consecutive week in which BETZ underperformed the broad-based index, extending its year-to-date (YTD) decline to over 10%. Playtika Holdings and Red Rock Resorts were among the companies affected by this trend.
The gaming industry continues to face challenges amidst the broader market sell-off, with investors closely monitoring the performance of key players in the sector.
