The following video is from Wednesday's Investor Beat, in which host Chris Hill and analysts Bryan Hinmon and Matt Argersinger dissect the hardest-hitting investing stories of the day.

New Jersey Governor Chris Christie signs a bill legalizing online gambling in the state. What will the law mean for casino operators such as Caesar's Entertainment (NASDAQ:CZR) and Boyd Gaming (NYSE:BYD)? What will the law mean for such social networking game sites as Zynga (NASDAQ:ZNGA)? Why could eBay's (NASDAQ:EBAY) PayPal be a hidden winner? In this installment of Investor Beat, our analysts discuss the future of gambling stocks.

The relevant video segment can be found between 0:19 and 2:04.

Bryan Hinmon, CFA and Chris Hill own shares of eBay. Fool contributor Matthew Argersinger has no position in any stocks mentioned. The Motley Fool recommends and owns shares of eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.