U.S. Casinos and Gaming Industry Analysis
UpdatedMay 03, 2024
DataAggregated Company Financials
Companies41
- 7D-0.3%
- 3M-6.1%
- 1Y-6.4%
- YTDn/a
Over the last 7 days, the Casinos and Gaming industry has dropped 2.7%, and Boyd Gaming contributed the most with a 16% decline. In contrast, Churchill Downs has gained 5.2%. However, the industry is down 9.9% over the past year. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the U.S. Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 May 2024 | US$121.1b | US$74.3b | US$2.1b | 15x | 57.6x | 1.6x |
| Sun, 31 Mar 2024 | US$137.7b | US$73.1b | US$3.2b | 17.3x | 43.4x | 1.9x |
| Tue, 27 Feb 2024 | US$134.3b | US$72.7b | US$2.9b | 14x | 46x | 1.8x |
| Thu, 25 Jan 2024 | US$131.5b | US$69.8b | US$2.2b | 14.3x | 59x | 1.9x |
| Sat, 23 Dec 2023 | US$130.8b | US$69.8b | US$2.2b | 14.7x | 58.7x | 1.9x |
| Mon, 20 Nov 2023 | US$129.0b | US$69.8b | US$2.2b | 14.1x | 57.5x | 1.8x |
| Wed, 18 Oct 2023 | US$120.4b | US$66.4b | US$1.3b | 16x | 90.6x | 1.8x |
| Fri, 15 Sep 2023 | US$129.3b | US$66.4b | US$1.4b | 17.3x | 94.9x | 1.9x |
| Sun, 13 Aug 2023 | US$133.6b | US$66.5b | US$1.6b | 17.2x | 83.5x | 2x |
| Tue, 11 Jul 2023 | US$134.6b | US$62.7b | US$1.5b | 13.5x | 88.7x | 2.1x |
| Thu, 08 Jun 2023 | US$137.3b | US$62.7b | US$1.4b | 13.1x | 94.8x | 2.2x |
| Sat, 06 May 2023 | US$132.2b | US$62.5b | US$1.1b | 13.5x | 118.7x | 2.1x |
| Mon, 03 Apr 2023 | US$127.2b | US$58.8b | -US$886,984,047.00 | 15.5x | -143.4x | 2.2x |
| Wed, 01 Mar 2023 | US$127.6b | US$58.3b | -US$386,230,983.00 | 12.4x | -330.3x | 2.2x |
| Fri, 27 Jan 2023 | US$126.4b | US$57.0b | -US$542,564,114.00 | 12.5x | -233x | 2.2x |
| Sun, 25 Dec 2022 | US$104.7b | US$56.9b | -US$618,717,359.00 | 11.8x | -169.2x | 1.8x |
| Tue, 22 Nov 2022 | US$108.5b | US$56.8b | -US$570,386,448.00 | 12.4x | -190.2x | 1.9x |
| Thu, 20 Oct 2022 | US$93.3b | US$54.5b | US$426.5m | 10.8x | 218.7x | 1.7x |
| Sat, 17 Sep 2022 | US$101.2b | US$54.5b | US$424.4m | 10.4x | 238.4x | 1.9x |
| Mon, 15 Aug 2022 | US$111.0b | US$54.5b | US$30.5m | 11.7x | 3635.6x | 2x |
| Wed, 13 Jul 2022 | US$85.0b | US$50.0b | -US$1,256,237,873.00 | 12x | -67.7x | 1.7x |
| Fri, 10 Jun 2022 | US$98.3b | US$50.1b | -US$1,257,162,554.00 | 14.7x | -78.2x | 2x |
| Sun, 08 May 2022 | US$102.8b | US$49.8b | -US$914,852,141.00 | 15.7x | -112.4x | 2.1x |
| Tue, 05 Apr 2022 | US$129.2b | US$49.2b | -US$1,880,143,022.00 | 20.7x | -68.7x | 2.6x |
| Thu, 03 Mar 2022 | US$138.4b | US$49.0b | -US$1,777,708,390.00 | 21.2x | -77.9x | 2.8x |
| Sat, 29 Jan 2022 | US$130.9b | US$44.0b | -US$2,908,533,709.00 | 29.4x | -45x | 3x |
| Mon, 27 Dec 2021 | US$143.5b | US$44.7b | -US$3,135,189,263.00 | 34.9x | -45.8x | 3.2x |
| Wed, 24 Nov 2021 | US$145.6b | US$44.6b | -US$3,127,234,086.00 | 32.9x | -46.5x | 3.3x |
| Fri, 22 Oct 2021 | US$167.3b | US$40.2b | -US$6,040,366,650.00 | 29.5x | -27.7x | 4.2x |
| Sun, 19 Sep 2021 | US$161.3b | US$40.2b | -US$6,093,189,841.00 | 23.6x | -26.5x | 4x |
| Tue, 17 Aug 2021 | US$133.3b | US$39.7b | -US$6,193,483,050.97 | 22.5x | -21.5x | 3.4x |
| Tue, 01 Jun 2021 | US$164.2b | US$29.2b | -US$9,698,682,825.90 | 57.6x | -16.9x | 5.6x |
Price to Earnings Ratio
-17.2x
Current Industry PE
- Investors are optimistic on the American Casinos and Gaming industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 36.2x which is higher than its 3-year average PE of -16.2x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- Total earnings for the Casinos and Gaming industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 36% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Casinos and Gaming compare with similar industries?
| US Market | 0.34% | |
| Consumer Discretionary | 3.80% | |
| Hospitality | -1.78% | |
| Casinos and Gaming | -0.28% | |
| Hotels, Resorts and Cruise Lines | -1.32% | |
| Leisure Facilities | -1.74% | |
| Restaurants | -2.91% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DKNG DraftKings | US$43.03 | 4.7% +US$922.8m | 101.9% | PS5.6x | |
| LVS Las Vegas Sands | US$46.65 | 2.4% +US$819.5m | -24.4% | PE22.2x | |
| MLCO Melco Resorts & Entertainment | US$7.15 | 13.3% +US$367.2m | -43.8% | PS0.7x | |
| CHDN Churchill Downs | US$133.11 | 3.0% +US$285.2m | -7.7% | PE28.6x | |
| SGHC Super Group (SGHC) | US$3.46 | 15.7% +US$235.7m | 1.5% | PS1.1x |
