In the past decade, gambling has become one of the most popular forms of entertainment, and the only way to place your bets was to go to brick casinos in Las Vegas. But Nowadays the situation is changed Online Gambling is legal in many countries like the US, UK, China, Canada, Japan, the Philippines, etc.
According to Forbes, casino revenue hit a record of $43.6 billion in 2019. And another report says that the industry is expected to register a CAGR of 11.94% in the next 5 years.
The world’s wild gaming industry is growing, and the good thing is you can make money from these market growths not by gambling but yes by investing.
In this article, we rank and review some of the top publicly traded companies in the casino industry. Our research can help you determine which ones are right for your portfolio.
Relative Check –
What are Casino Stocks?
The stocks include companies that operate casinos, horse racing, harness racing facilities and provide gaming services. Also offers services such as restaurants, bars, hotels, convention facilities, and live entertainment venues, and provides equipment for slot machines, electronic gaming machines, and online gaming websites.
Casinos did not make all profits from gaming that’s only 1/3 and the other 2/3 was generated from non-gaming services which are described in the above paragraph.
For example, take a look at how Las Vega Strip revenue comes from –
(Check – Casino Revenue Breakdown)
Top 7 Casino Stocks to Invest
In the below list stocks are selected based on their historical performance, market cap, future returns expectation, and other factors –
| Stock | Symbol | Price | Marketcap | Company | Chart (5D) | Open | Close | High | Low | Volume | 52 Week Range | Dividend Rate | Dividend Yield | EPS | Country |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 Caesars Entertainment, Inc. CZR | CZR | $36.6 | 7.9B | Caesars Entertainment, Inc. | $37.5 | $38.0 | $38.2 | $36.3 | 6,246,777 | 0.0 | 0.0% | 3.6 | |||
 PENN Entertainment, Inc. PENN | PENN | $16.9 | 2.6B | PENN Entertainment, Inc. | $17.0 | $17.2 | $17.3 | $16.5 | 4,828,290 | 0.0 | 0.0% | 3.2 | |||
 Boyd Gaming Corporation BYD | BYD | $53.2 | 5.1B | Boyd Gaming Corporation | $54.1 | $62.9 | $55.2 | $52.5 | 6,815,845 | 0.7 | 1.0% | 6.1 | |||
 DraftKings Inc. DKNG | DKNG | $43.1 | 20.5B | DraftKings Inc. | $41.2 | $41.1 | $43.2 | $41.0 | 9,068,911 | 0.0 | 0.0% | 1.7 |
Casino Stocks That Pay High Dividend
| Stock | Symbol | Price | Marketcap | Company | Chart (5D) | Open | Close | High | Low | Volume | 52 Week Range | Dividend Rate | Dividend Yield | EPS | Country |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
 MGM Resorts International MGM | MGM | $41.1 | 13.0B | MGM Resorts International | $41.7 | $42.2 | $42.4 | $41.1 | 4,608,137 | 0.0 | 0.0% | 3.2 | |||
 Las Vegas Sands Corp. LVS | LVS | $45.5 | 33.9B | Las Vegas Sands Corp. | $45.4 | $45.6 | $46.0 | $45.1 | 4,813,083 | 0.8 | 1.8% | 2.1 | |||
 Wynn Resorts, Limited WYNN | WYNN | $95.9 | 10.7B | Wynn Resorts, Limited | $96.2 | $96.6 | $96.9 | $95.3 | 1,380,017 | 0.8 | 0.8% | 6.3 |
Performance Comparision Chart
If you’re looking for top dividend stocks, look to the Dividend Aristocrats and Dividend Kings. These two lists profile companies that have increased dividends for at least 25 consecutive years or have increased their dividend payments for at least 50 years.
How to Invest Casino Stocks
The Blue-chip casino stocks are excellent for risk-tolerant investors who want to grow their stock portfolio. In the past, casinos have made money, and they will likely continue to do so in the future. Moreover, It’s good to consider that the stocks have bounced back from many economic downturns, which means you should think to invest in these stocks.
There are two ways to Invest in gambling stocks –
1st Way | Open a broker account, add money, and buy your favorite stock that you want.
2nd Way | Invest through Casino ETF’s
| Casino ETFs | AUM | Expense Ratio |
|---|---|---|
| Roundhill BITKRAFT Esports & Digital Entertainment ETF (NERD) | $86.69M | 0.50% |
| Invesco DWA Consumer Cyclicals Momentum ETF (PEZ) | $120.13M | 0.60% |
| VanEck Vectors Gaming ETF (BJK) | $153.85M | 0.65% |
| Roundhill Sports Betting & iGaming ETF (BETZ) | $358.82M | 0.75% |
Also, Check –
Disclaimer –
This post is based on Top Casino Stocks which are given for educational purposes only. Do not take this article as professional financial advice, legal advice, or tax advice.
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