When Skillz (NASDAQ:SKLZ) closed at a 52-week low last week, it discouraged investors from seeking exposure to the sports betting and iGaming market. SKLZ stock is faring worse than fuboTV (NYSE:FUBO), which is also entering the sports betting market. Source: NYCStock / Shutterstock.com Still, Skillz is not the only company facing selling pressure. DraftKings (NASDAQ:DKNG)…

Today, gaming stocks are seeing some serious downside. Investors in high-profile gaming stocks such as Tencent (OTCMKTS:TCEHY), Take Two (NASDAQ:TTWO), Skillz (NASDAQ:SKLZ) and Roblox (NASDAQ:RBLX) are down substantially today. Investors in each of these global video game companies have seen declines ranging from 3% to 10% at the time of writing. Source: Rawpixel.com/Shutterstock.com It appears there are a number of factors investors are…