Vice-Adjacent Economy
These carefully selected stocks represent the unsung heroes behind billion-dollar vice industries. Rather than betting on consumer-facing brands, our expert analysts have identified the essential B2B companies that provide critical infrastructure, technology, and services that make these markets possible.
Your Basket's Financial Footprint
Summary and investor takeaways for the Vice-Adjacent Economy basket based on provided market capitalisation breakdown.
- Large-cap dominance generally implies lower volatility and closer tracking to broad market, favouring stability over speculative swings.
- Best used as a core portfolio holding rather than a speculative, high-growth allocation.
- Expect steady, long-term appreciation rather than explosive short-term gains.
IGT: $3.19B
MAPS: $163.51M
GAMB: $273.76M
- Other
About This Group of Stocks
Our Expert Thinking
We've applied the classic "picks and shovels" investment strategy to vice industries. Instead of investing directly in casinos or cannabis products, these stocks represent the vital technology providers, equipment suppliers, and service companies that power these resilient markets behind the scenes.
What You Need to Know
These companies benefit from vice industry growth while potentially facing fewer direct regulatory hurdles and social pressures than consumer brands. They provide essential infrastructure that remains necessary regardless of which end-product brands dominate their respective markets.
Why These Stocks
Our analysts selected these companies because they provide indispensable tools and services for expanding markets like online gambling and regulated cannabis. They stand to benefit from continuing waves of legalization that unlock new regions and revenue streams for these foundational businesses.
Why You'll Want to Watch These Stocks
The Backbone, Not The Brand
These companies provide essential infrastructure to vice industries without selling the end products themselves. This strategic position may offer growth potential with potentially less direct regulatory scrutiny.
Riding The Legalization Wave
As more regions legalize sports betting and cannabis, these B2B suppliers are positioned to expand into each new market. You're investing in the companies that will service every new entrant in these growing industries.
The "Picks and Shovels" Strategy
Like selling tools to gold miners instead of mining gold yourself, these companies profit by providing essential services to vice industries. This time-tested approach targets the infrastructure of high-growth markets.
Get the full story on this Basket. Read our detailed article on its risks and potential.
Why Invest with Nemo Money?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Antiviral M&A Wave: Biotech Opportunities in 2025
Merck's $9.2 billion acquisition of Cidara Therapeutics strengthens its antiviral pipeline as a key patent nears expiry. This major deal signals a growing trend of pharmaceutical giants buying smaller biotechs, creating potential opportunities among companies with promising infectious disease therapies.
Streaming Power Dynamics Explained | Content Wars
The resolution of the content dispute between Disney and Google's YouTube TV highlights the critical interdependence of content creators and distributors. This dynamic creates an investment opportunity in companies that are central to the streaming ecosystem, from content production to platform delivery.
Jeep Hybrid Recall Overview: Market Shift Analysis
Stellantis is recalling nearly 113,000 Jeep plug-in hybrids because of a serious engine defect, creating potential investment opportunities. This theme focuses on competing automakers and aftermarket parts suppliers that may benefit from a shift in consumer confidence and repair needs.