When millions cheer on their team during Sunday’s Super Bowl, there will be more at stake than just taking pride in the Vince Lombardi trophy. A record number would also be hoping to score big with their bets on the game. According to the American Gaming Association, it is the largest bet ever placed on a single sporting event in the United States. According to an AGA survey, an estimated 50.4 million American adults are expected to bet on Super Bowl LVII this year, when the Philadelphia Eagles take on the Kansas City Chiefs. This is a 61% increase from the record set in 2022. The survey found that bets are estimated to total more than $16 billion, more than double last year’s estimate. It is also the first time in history that the big game is being played in a state where sports betting is legal. So, fans at State Farm Stadium in Glendale, Arizona can place bets on their phones. The Eagles’ home state of Pennsylvania has legalized sports betting, but the parent state of Missouri has not. Fans in Missouri must cross state borders to place bets. Ahead of the anticipated record-setting betting on the big game, CNBC Pro compiled a list of analysts’ favorite stocks in the space. The names were members of the Roundhill Sports Betting & iGaming ETF , the VanEck Gaming ETF and/or the iBet Sports Betting & Gaming ETF . They also had a market cap of at least $1 billion and were rated a buy by at least 60% of analysts covering the stock, according to FactSet. The name is also above the average price target of 10% or more and at least 8 analysts’ estimates, per FactSet. Here are those names. Among the gaming companies on the list, Caesars Entertainment gained the most at 26.2% from the average analyst price target. Some 62% of analysts covering the stock rate it a buy. The Caesars gaming empire includes the Caesars sportsbook, which emerged from William Hill’s $4 billion acquisition of the company in 2021. Shares of Caesars are up nearly 27% this year. MGM Resorts trades 23% above the average analyst price target. About 67% of analysts covering the stock rate it a buy. The gaming company participates in online sports betting through BetMGM, which it co-owns with Entain. MGM recently reported fourth quarter revenue that beat expectations. Shares are up over 31% year to date. The one non-sportsbook name on the list is global sports technology company SportRadar, which has the most odds of any stock at 26.8%. The Swiss-based firm, whose investors include NBA legend Michael Jordan, provides data and analysis to betting operators and sports leagues. SRAD YTD Mountain SportRadar 2023 It has partnerships with several sports organizations including the National Basketball League and Major League Baseball, as well as sports-betting sites DraftKings and FanDuel. However, SportRadar does not have exclusive rights to official sports-betting data from the National Football League. Instead, it uses open-source data for NFL games. This means that any sportsbook that has a relationship with the NFL must use its competitor, Genius Sports, which has rights to the NFL data. Outside of the sports-betting sector, SportRadar also has contracts with major broadcasters to provide in-game statistics. This includes Fox Sports, which is broadcasting the Super Bowl. Lastly, VICI Properties also made the cut. The real estate investment trust, the Las Vegas Strip’s largest property owner, announced in December that it is taking full ownership of the MGM Grand Las Vegas and Mandalay Bay properties. Caesar is also a tenant. The stock, which is up about 6% so far this year, trades 11% above the average analyst price target. Nearly 74% of analysts covering VICI rate it a buy. —CNBC’s Contessa Brewer contributed reporting.