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    Top sports betting stocks this quarter include NeoGames SA, Melco Resorts and Entertainment, and DraftKings, the stock prices of which have all risen by more than 80% in the past 12 months amid a sports betting boom. 8 billion in revenue in the first quarter of 2023, a 70% increase over the same quarter a year ago. The industry's stocks, as represented by the Roundhill Sports Betting & iGaming ETF (BETZ), have kept up with the market over the past year, gaining 6. 7% compared to the Russell 1000 Index's 7% return over the same period. Below we look at the top three sports betting stocks in three categories: best value, fastest growth, and most momentum. All data are as of May 16. These are the sports betting stocks with the lowest 12-month trailing price-to-earnings (P/E) ratio. Because profits can be returned to shareholders in the form of dividends and buybacks, a low P/E ratio shows you're paying less for each dollar of profit generated. designer bags cyber mondayfake lv sling bag