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Australian (ASX) Casinos and Gaming Industry Analysis

UpdatedJun 19, 2026
DataAggregated Company Financials
Companies9
  • 7D0.1%
  • 3M11.9%
  • 1Y-13.0%
  • YTDn/a

Over the last 7 days, the Casinos and Gaming industry has remained flat, although notably Light & Wonder gained 6.0%. As for the longer term, the industry has declined 13% in the last year. Looking forward, earnings are forecast to grow by 11% annually.

Industry Valuation and Performance

Has the Australian Casinos and Gaming Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 19 Jun 2026AU$48.7bAU$14.8bAU$1.6b21.9x30.3x3.3x
Sun, 17 May 2026AU$47.0bAU$15.0bAU$1.6b21.1x29.7x3.1x
Tue, 14 Apr 2026AU$45.3bAU$15.0bAU$1.3b23.9x35x3x
Thu, 12 Mar 2026AU$44.5bAU$15.0bAU$1.3b23.4x34.4x3x
Sat, 07 Feb 2026AU$60.2bAU$19.6bAU$1.7b26.3x34.7x3.1x
Mon, 05 Jan 2026AU$64.5bAU$19.8bAU$1.8b29.7x36.6x3.3x
Wed, 03 Dec 2025AU$64.4bAU$19.9bAU$1.8b30.2x36.3x3.2x
Fri, 31 Oct 2025AU$56.5bAU$15.5bAU$1.1b33.9x49.4x3.6x
Sun, 28 Sep 2025AU$60.0bAU$15.5bAU$1.1b27.8x54.6x3.9x
Tue, 26 Aug 2025AU$61.4bAU$15.5b-AU$1,204,743,000.0020.3x-51x4x
Thu, 24 Jul 2025AU$58.2bAU$15.7b-AU$1,149,260,495.0016.1x-50.6x3.7x
Sat, 21 Jun 2025AU$57.7bAU$15.7b-AU$1,149,260,495.0015.1x-50.2x3.7x
Mon, 19 May 2025AU$54.7bAU$15.7b-AU$1,149,260,495.0016.2x-47.6x3.5x
Wed, 16 Apr 2025AU$53.2bAU$15.6b-AU$697,160,495.0015.5x-76.3x3.4x
Fri, 14 Mar 2025AU$55.7bAU$15.6b-AU$697,160,495.0015x-79.9x3.6x
Sun, 09 Feb 2025AU$60.7bAU$15.5b-AU$1,363,728,645.0023x-44.5x3.9x
Tue, 07 Jan 2025AU$58.6bAU$15.5b-AU$1,363,728,645.0023.6x-43x3.8x
Thu, 05 Dec 2024AU$58.7bAU$15.5b-AU$1,363,728,645.0024x-43x3.8x
Sat, 02 Nov 2024AU$53.2bAU$15.4b-AU$1,154,728,645.0022.2x-46.1x3.5x
Mon, 30 Sep 2024AU$51.5bAU$15.4b-AU$1,154,728,645.0022.1x-44.6x3.3x
Wed, 28 Aug 2024AU$49.4bAU$15.5bAU$96.1m20.2x513.8x3.2x
Fri, 26 Jul 2024AU$48.8bAU$14.9b-AU$61,934,868.0021.9x-787.8x3.3x
Sun, 23 Jun 2024AU$47.3bAU$14.9b-AU$61,934,868.0020.5x-763.1x3.2x
Tue, 21 May 2024AU$46.2bAU$14.9b-AU$61,934,868.0019.6x-745.2x3.1x
Thu, 18 Apr 2024AU$41.2bAU$14.7b-AU$120,234,868.0017.3x-342.9x2.8x
Sat, 16 Mar 2024AU$44.6bAU$14.7b-AU$122,732,868.0019.4x-363x3x
Mon, 12 Feb 2024AU$44.6bAU$14.9b-AU$803,837,719.0029.3x-55.5x3x
Wed, 10 Jan 2024AU$49.8bAU$16.7b-AU$1,140,837,719.0026.2x-43.6x3x
Fri, 08 Dec 2023AU$49.5bAU$16.7b-AU$1,140,837,719.0025.3x-43.4x3x
Sun, 05 Nov 2023AU$49.7bAU$16.3b-AU$1,506,437,719.0027.5x-33x3.1x
Tue, 03 Oct 2023AU$50.4bAU$16.3b-AU$1,506,437,719.0030.6x-33.5x3.1x
Thu, 31 Aug 2023AU$52.8bAU$16.4b-AU$1,744,609,733.0034x-30.3x3.2x
Sat, 29 Jul 2023AU$52.2bAU$16.6b-AU$752,887,733.0030.1x-69.3x3.1x
Mon, 26 Jun 2023AU$51.2bAU$16.6b-AU$752,887,733.0027.5x-68x3.1x
Price to Earnings Ratio

-68x


Total Market Cap: AU$51.2bTotal Earnings: -AU$752,887,733.00Total Revenue: AU$16.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Casinos and Gaming Industry Price to Earnings3Y Average -108.1x202420252026
Current Industry PE
  • Investors are optimistic on the Australian Casinos and Gaming industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 30.3x which is higher than its 3-year average PE of -108x.
  • The industry is trading close to its 3-year average PS ratio of 3.3x.
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 declined 3.8% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Australian Casinos and Gaming compare with similar industries?

AU Market3.31%
Consumer Discretionary2.03%
Hospitality1.16%
Casinos and Gaming0.14%
Hotels, Resorts and Cruise Lines14.31%
Restaurants1.90%
Leisure Facilities1.25%
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?

CompanyLast Price7D1YValuation
ALL Aristocrat LeisureAU$54.951.9%
+AU$626.9m		-18.2%PE22.5x
TAH Tabcorp HoldingsAU$0.884.8%
+AU$91.4m		19.9%PE60.6x
LNW Light & WonderAU$128.340.8%
+AU$84.1m		-0.3%PE28.5x
PBH PointsBet HoldingsAU$1.004.2%
+AU$13.9m		-16.0%PS1.4x

Latest News

AGI
AU$1.52
Ainsworth Game Technology
7D
-1.0%
1Y
65.6%
Narrative Update • Jun 18

AGI: Earnings Guidance Weakness Will Likely Undermine Shares Despite Insider Buying

Analysts have maintained their Ainsworth Game Technology price target at A$1.21. The unchanged fair value estimate, discount rate, revenue growth outlook, profit margin assumptions and future P/E expectations indicate no material shift in their overall valuation framework.
ALL
AU$54.95
Aristocrat Leisure
7D
1.9%
1Y
-18.2%
JIN
AU$7.52
Jumbo Interactive
7D
-4.6%
1Y
-22.5%
Narrative Update • Jun 05

JIN: Steady Margins And Earnings Expansion Will Drive Shareholder Value

Analysts have revised their fair value estimate for Jumbo Interactive from A$13.81 to A$11.59, reflecting a higher discount rate, slightly softer projected revenue growth and profit margins, and a marginally lower future P/E multiple. What's in the News No recent company specific news items were identified in the provided sources for Jumbo Interactive.
SGR
AU$0.097
Star Entertainment Group
7D
-11.8%
1Y
-30.7%
TAH
AU$0.88
Tabcorp Holdings
7D
4.8%
1Y
19.9%
New Narrative • May 26

Next Generation Retail And Live Wagering Will Transform Long Term Earnings Power

Catalysts About Tabcorp Holdings Tabcorp Holdings operates wagering, media and gaming services with a focus on omnichannel betting and racing and sports entertainment across Australia. What are the underlying business or industry changes driving this perspective?
PBH
AU$1.00
PointsBet Holdings
7D
4.2%
1Y
-16.0%
BET
AU$0.16
Betmakers Technology Group
7D
-5.9%
1Y
61.6%
RCT
AU$3.50
Reef Casino Trust
7D
-2.5%
1Y
11.1%
LNW
AU$128.34
Light & Wonder
7D
0.8%
1Y
-0.3%
TLC
AU$5.56
Lottery
7D
-2.1%
1Y
4.7%