Question:

Investing in Vegas / Gambling Concentrated Mutual Funds?

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I just spent weekend in Las Vegas. I was won wondering where I should start in order to invest in the casinos / gambling industry. Are there mutual funds that concentrate on Nevada Gaming? What are great Casinos to invest in? And how would I go about doing this.

All and any advice / observations welcome

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2 ANSWERS


  1. I would strongly advise against investing in casino/ gambling funds.

    Reasons:

    The US and the world is heading into recession.

    When that happens the public in general, spend less money and gambling is on top of the list to spend less on.

    If you really want to invest into casino stocks, heres one.

    http://www.marketwatch.com/tools/mutualf...


  2. Check out the Vice Fund VICEX.  I believe that there are also ETFs that target the gaming industty.

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