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.