With Christmas just a little more than a week away ,the scramble is on to pick out the perfect gift for the gambler or gaming executive in your life. There is a commonality in those two people. Not only do they share the same environment such as a casino, racetrack or sports book but they are knowledgeable about the world of risk. They like the excitement and the fanfare of participating or watching games. So any of these gifts that I mention now are stocking stuffers.
The 1st is a scratch off or lottery ticket. The chance of a $1.00 ticket turning into a 6 or 7 figure payout is extremely low. But the recipient will feel like a million dollars until the drawing takes place or the result is revealed.
The 2nd is a smart watch from Apple. This serves no many functions other than telling time. It can track the gaming executive's steps per day and the gambler withdrawals from the ATM. Either of those individuals will call and thank you on that same watch. The cost is approximately 199.00.
The 3rd is a trip to Las Vegas in 2021. No gambler or gaming executive would want to go right now, but if you plan a trip for the beginning of the 3rd quarter, they would take you up on it. A vaccine should be readily available by then. If the tickets and accommodations are booked no, you could get a good rate especially if the trip is planned mid week. Usher begins his Caesars Palace residency on July 16 2021. Tickets start at 150.00.
Before I share the last two options here is my gift to you.
The 4th is buying a gift card from Draft Kings. This is an sports betting industry first. The recipient would love it if they live in a state that has sports betting. They could use the card to add funds to an already existing account. The account must be with Draft Kings. I am sure other operators will emulate this. The card will be available in $25 and $50 denominations in convenience stores like Sheetz, 7 Eleven, Dollar General and Speedway.
The 5th and final gift option is purchasing a stock from a publicly trading casino or gaming company. You may want to look at a sports betting company for the recipient. If you want to start the process you can open an E Trade account or confer with your broker if you already invest on Wall Street. Why not give a gift that gives your friend or family member more? There are several options that I see as definite buy situations. I will expand on that in a future article.
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