The VanEck Vectors Gaming ETF's two largest holdings are Las Vegas Sands and MGM Resorts.
The Macau gaming region is finally turning around, and three months of growth has positively affected Las Vegas Sands and Wynn Resorts, two casinos with new attractions there.
Gambling is often a losing proposition and can turn into an addiction. Instead of gambling, why don't you bet on the house, by investing in the gambling industry?
In trading on Monday, shares of the Gaming ETF entered into oversold territory, changing hands as low as $37.19 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.