A leading fantasy sports and sports betting company has been honored with the “Challenger” award from Benzinga at the first Titans Sports Betting conference.
What’s A Challenger? The Challenger Award is reserved for innovators and upstarts disrupting the industry of sports betting. A jury evaluated key criteria including innovation, execution, financial performance and compliance.
The Decision: iBET Sports Betting and Gaming ETF (NASDAQ:IBET), an actively managed ETF offering exposure to the sports betting and gaming industries. It holds 31 stocks in its basket, with each accounting for no more than 7.1% weighting.
iBET Sports Betting and Gaming ETF has just under $1 million in its asset base while trading on the Nasdaq in an average daily volume of around 2,000 shares.