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 (CZR) and Boyd Gaming (BYD -0.02%)? What will the law mean for such social networking game sites as Zynga (ZNGA)? Why could eBay's (EBAY -0.14%) 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.