What are "Modern Vices" in the investment world?

Modern Vices refers to companies that capitalize on contemporary leisure and social activities through digital platforms. This includes online sports betting, mobile gaming, social casinos, and interactive entertainment services that have transformed traditional recreational activities for the digital age. These businesses represent the evolution of entertainment consumption patterns as they move increasingly online.

How is online gambling regulation affecting these stocks?

Regulatory changes are a major catalyst for many stocks in this group. As more states and countries legalize online sports betting and iGaming, companies with established platforms can enter new markets, dramatically expanding their potential customer base. This progressive legalization creates significant growth opportunities for early movers who have already developed the technology, user base, and brand recognition.

What does "Market Cap" mean for these stocks?

Market Cap (short for Market Capitalization) represents the total value of a company's outstanding shares. It's calculated by multiplying the current share price by the total number of shares. Market Cap helps indicate a company's size—larger caps often suggest more established companies, while smaller caps might represent newer, potentially faster-growing but riskier businesses within the digital entertainment space.

What is "Consensus Recommendation" and why is it important?

Consensus Recommendation reflects the combined opinion of financial analysts covering a stock. It typically ranges from "Strong Buy" to "Strong Sell" and summarizes what industry experts think about a company's future prospects. This can be particularly valuable for digital entertainment stocks, which often operate in rapidly evolving markets where professional analysis helps identify which companies are best positioned to capitalize on emerging trends.

How do social casino games make money if they're free to play?

Social casino games like those developed by companies in this group typically operate on a "freemium" model. While the games are free to download and play, they generate revenue through in-app purchases (such as virtual coins or features), advertising, and premium upgrades. This business model has proven highly effective at monetizing large user bases, as a small percentage of highly engaged players often spend significant amounts on virtual items and gameplay enhancements.

15 handpicked stocks

Modern Vices

Explore companies transforming how we play, bet, and engage online. These carefully selected stocks represent leaders in digital entertainment and betting platforms poised to capture growing consumer demand for tech-driven leisure experiences.

Han Tan | Market Analyst

Updated 2 days ago | Published at जून 17