An ETF That Profits When the House Wins

The video discusses the global gaming industry, focusing on casinos, sports betting, and lottery services. It highlights the BJK fund, which tracks a market CAP-weighted index of companies generating significant revenue from gaming. The fund includes over 40 companies like Las Vegas Sands and Galaxy Entertainment. Initially, BJK kept pace with the S&P 500 but later declined due to a scandal involving Steve Wynn. Despite challenges, the fund reached a record high in May 2018 and currently holds $30 million in assets, costing 67 basis points, and is rated positively by Bloomberg Intelligence.

What sectors are included in the global gaming industry as discussed in the video?

• Video game football and military simulations

• Casinos, sports betting, and lottery services

• Online streaming and e-commerce

• Social media and digital marketing

What is the primary focus of the BJK fund?

• Companies with a focus on technology innovation

• Companies with a strong presence in the US market

• Companies generating at least half their revenue from gaming activities

• Companies involved in environmental sustainability

Which of the following companies is NOT mentioned as part of the BJK fund?

• Las Vegas Sands

• Galaxy Entertainment

• Paddy Power Betfair

• Amazon

How did the BJK fund's performance compare to the S&P 500 in its early years?

• It consistently underperformed the S&P 500

• It was not compared to the S&P 500

• It kept up with the S&P 500

• It significantly outperformed the S&P 500

What event contributed to the decline of the BJK fund after its record high in May 2018?

• A change in government regulations

• A natural disaster affecting key markets

• A scandal involving Steve Wynn

• A global economic recession