HANetf are delighted to announce the launch of Europe’s first Sports Betting and iGaming ETF on the London Stock Exchange. The Fischer Sports Betting and iGaming UCITS ETF will deliver exposure to the sports betting and iGaming and betting industry as it tracks a selection of leading companies within the sector.  The Fischer Sports Betting and iGaming UCITS ETF (LSE ticker: BETS) will list on London Stock Exchange in June and will be passported for sale across Europe.

Online gambling had largely been illegal in the United States, however recent regulatory changes allowing individual US states to legalise sports betting and iGaming (online activities that include poker and online casinos games such as blackjack, slots and fantasy sports), has been a major growth catalyst for the market. Other growth drivers have included a wider social acceptance of sports betting as an entertainment activity; sports betting support from sports leagues, teams and media companies; technological improvements that allow an enhanced online experience; and more generally, greater time spent on mobile devices.

In their March 2021 equity research report¹, Goldman Sachs forecast the expansion of the US sports betting and iGaming market by 23 times, from $2.3b in 2020 to $53b in 2033. The industry is expected to generate high EBITDA margins, according to estimates by Morgan Stanley² and Draftkings³. These high margins combined with relatively low capital expenditures will also support strong free cash flow generation and high return on investment (ROI) for the industry.

The ETF will track the Solactive Fischer Sports Betting and iGaming Index which is focused on companies that generate the majority of their current and/or expected revenues via Sports Betting and iGaming. The index- back-tested performance shows it achieved 121.17% net total returns from 29/05/20 to 10/05/21⁴. The ETF will have a Total Expense Ratio of 0.69%.  

Aaron Fischer co-Founder of BETZ has 15 years of experience in the gaming industry, including his previous role as Chief Strategy Officer at MGM Resorts International and he was a leading equity research analyst at CLSA/Citic and Goldman Sachs. He has applied all this experience in constructing a truly unique and innovative index. 

Past performance is no guarantee of future results. When you trade ETFs your capital is at risk.

Aaron Fischer, co-founder of the Fischer Sports Betting and iGaming UCITS ETF, said: “Having witnessed a huge uptick in the take-up of sports betting and iGaming boosted by favourable regulatory changes, we feel that now is the perfect time to launch our Sports Betting and iGaming ETF. The growth forecasts for this sector are hugely promising and we are excited to offer European investors the opportunity to gain exposure to this exciting and evolving market.”

“Our index includes a range of companies from the larger consumer facing companies that include Caesars Entertainment, DraftKings, Flutter, Entain, MGM Resorts International and PointsBet. We also include some “picks and shovels” companies that provide other services to the industry and form an important part of the industry value chain. Some examples include Evolution Gaming, IGT, Playtech and Kambi. 

Hector McNeil, co-Founder and co-CEO at HANetf, said: “HANetf has consistently been at the forefront of innovation within the European ETF market and the addition of the  Fischer Sports Betting and iGaming UCITS ETF (BETZ) only adds further credence to that claim. We’re delighted to finally offer the European investor a seat at the Sports Betting and iGaming table, having watched from the side-lines as their North American counterparts have taken advantage of this exciting growth market.

HANetf is continually building out the range of thematic ETFs it offers with the objective of being the deepest in Europe backed by true experts in their fields such as Aaron with over 15 years of experience in the sports betting and iGaming sectors. This brings a true insight to investors.”

When you trade ETFs your capital is at risk.

Fischer Sports Betting and iGaming UCITS ETF Fund Page

About Fischer Gaming

Fischer Gaming is a boutique consulting firm specialising in the global gaming industry. The firm’s founder and CEO, Aaron Fischer, has an extensive history in the gaming industry and is currently the Chief Financial and Strategy Officer for online gaming company called Game Play Network in Los Angeles. Prior, he was the Chief Strategy Officer of MGM Resorts International from 2017 to 2020 where he was responsible for Corporate Strategy and Investor Relations. He was specifically involved in key strategic initiatives such as online sports betting and iGaming; the bid for a Japan Integrated Resort license and other projects to enhance the company’s ROI and drive shareholder value creation.  Aaron was a leading equity research analyst at Goldman Sachs London and CLSA/Citic Securities in Asia where he specialised in gaming, consumer and luxury goods.  Aaron started his career as a public accountant at Arthur Andersen in Australia.
 

About HANetf

HANetf is an independent provider of UCITS ETFs, working with asset management companies to bring differentiated, modern and innovative exposures to European ETF investors. Via our white-label ETF platform, HANetf provides a complete operational, regulatory, distribution and marketing solution for asset managers to launch and manage UCITS ETFs. www.hanetf.com   

Media Contacts:
Europe: Phil Anderson, PerceptionA |phil@perceptiona.com, +44 (0)7767 491 519
Sara Vola, MyMediaRelation | Vola@MyMediaRelation.it | +39 02 36 75 15 11

Important Information:

Communications issued in the European Economic Area (“EEA”)

The content in this document is issued by HANetf Management Limited (“HML”) acting in its capacity as management company of HANetf ICAV. HML is authorised and regulated by the Central Bank of Ireland. HML is registered in Ireland with registration number 621172.

Communications issued in the UK

The content in this document is issued by HANetf Limited (“HANetf”), an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority (FCA FRN 606792). HANetf is registered in England and Wales with registration number 10697042.

This communication has been prepared for professional investors, but the Exchange Traded Funds (“ETFs”) set out in this communication may be available in some jurisdictions to any investors. Please check with your broker or intermediary that the relevant ETF is available in your jurisdiction and suitable for your investment profile.

Past performance is not a reliable indicator of future performance. The price of the ETFs may vary and they do not offer a fixed income. 

This document may contain forward looking statements including statements regarding our belief or current expectations with regards to the performance of certain assets classes. Forward looking statements are subject to certain risks, uncertainties and assumptions. There can be no assurance that such statements will be accurate and actual results could differ materially from those anticipated in such statements. Therefore, readers are cautioned not to place undue reliance on these forward-looking statements. 

The content of this document does not constitute an investment advice nor an offer for sale nor a solicitation of an offer to buy any product or make any investment. An investment in an exchange traded product is dependent on the performance of the underlying asset class, less costs, but it is not expected to track that performance exactly. The ETFs involve numerous risks including among others, general market risks relating to underlying adverse price movements in an Index or underlying asset class and currency, liquidity, operational, legal and regulatory risks. 

The information contained on this document is not, and under no circumstances is to be construed as, an advertisement or any other step in furtherance of a public offering of securities in the United States or any province or territory thereof, where HANetf ICAV or their ETFs are authorised or registered for distribution and where no prospectus of HANetf ICAV has been filed with any securities commission or regulatory authority. No document or information on this document should be taken, transmitted or distributed (directly or indirectly) into the United States. HANetf ICAV, nor any securities issued by it, have been or will be registered under the United States Securities Act of 1933 or the Investment Company Act of 1940 or qualified under any applicable state securities statutes. 

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The Prospectus can all be downloaded from www.hanetf.com.

The decision and amount to invest in any ETF should take into consideration your specific circumstances after seeking independent investment, tax and legal advice.