Investors are betting on this Sunday’s Super Bowl in more ways than one.
In the week leading up to the final American football game of the season, sports-betting stocks have soared. The Roundhill Sports Betting & iGaming exchange-traded fund (BETZ) -- which has giants DraftKings Inc. and Penn National Gaming Inc. among its top holdings -- has jumped 4.2% in the span. Both companies have gained at least 6.6% since last Friday, and Penn posted its best week since August.