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Australian (ASX) Casinos and Gaming Industry Analysis

UpdatedAug 07, 2026
DataAggregated Company Financials
Companies9
  • 7D0.7%
  • 3M28.4%
  • 1Y-4.4%
  • YTDn/a

The Casinos and Gaming industry has stayed flat over the last week. As for the longer term, the industry has declined 4.4% in the last year. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 08 Aug 2026AU$56.1bAU$14.8bAU$1.6b26.9x35x3.8x
Mon, 06 Jul 2026AU$52.9bAU$14.8bAU$1.6b25.1x33x3.6x
Wed, 03 Jun 2026AU$46.3bAU$14.8bAU$1.6b20.9x28.9x3.1x
Fri, 01 May 2026AU$45.8bAU$15.0bAU$1.3b24.1x35.4x3x
Sun, 29 Mar 2026AU$44.5bAU$15.0bAU$1.3b23.5x34.4x3x
Tue, 24 Feb 2026AU$56.4bAU$19.6bAU$1.7b19.2x32.7x2.9x
Thu, 22 Jan 2026AU$64.2bAU$19.7bAU$1.8b28.9x36.6x3.3x
Sat, 20 Dec 2025AU$64.1bAU$19.9bAU$1.8b30x36.2x3.2x
Mon, 17 Nov 2025AU$51.5bAU$15.0bAU$1.2b31.3x44.2x3.4x
Wed, 15 Oct 2025AU$57.5bAU$15.5bAU$1.1b26.9x50.3x3.7x
Fri, 12 Sep 2025AU$61.4bAU$15.5bAU$1.1b28.3x55.9x4x
Sun, 10 Aug 2025AU$59.6bAU$15.7b-AU$1,149,260,495.0017x-51.9x3.8x
Tue, 08 Jul 2025AU$57.7bAU$15.7b-AU$1,149,260,495.0015.1x-50.2x3.7x
Thu, 05 Jun 2025AU$54.5bAU$15.7b-AU$1,149,260,495.0014.8x-47.4x3.5x
Sat, 03 May 2025AU$57.3bAU$15.4b-AU$1,008,160,495.0015.7x-56.8x3.7x
Mon, 31 Mar 2025AU$54.8bAU$15.6b-AU$697,160,495.0016.7x-78.5x3.5x
Wed, 26 Feb 2025AU$61.2bAU$15.5b-AU$745,733,645.0023.6x-82.1x3.9x
Fri, 24 Jan 2025AU$56.8bAU$15.5b-AU$1,363,728,645.0022.5x-41.7x3.7x
Sun, 22 Dec 2024AU$57.6bAU$15.5b-AU$1,363,728,645.0023.4x-42.2x3.7x
Tue, 19 Nov 2024AU$57.5bAU$15.5b-AU$1,363,728,645.0023.2x-42.2x3.7x
Thu, 17 Oct 2024AU$51.7bAU$15.4b-AU$1,154,728,645.0021.6x-44.8x3.4x
Sat, 14 Sep 2024AU$50.1bAU$15.5b-AU$632,228,645.0021.3x-79.3x3.2x
Mon, 12 Aug 2024AU$48.0bAU$14.9b-AU$61,934,868.0021.6x-774.6x3.2x
Wed, 10 Jul 2024AU$47.5bAU$14.9b-AU$61,934,868.0021.5x-766.7x3.2x
Fri, 07 Jun 2024AU$45.3bAU$14.9b-AU$61,934,868.0019.4x-731.8x3x
Sun, 05 May 2024AU$41.0bAU$14.7b-AU$120,234,868.0017.4x-340.6x2.8x
Tue, 02 Apr 2024AU$44.1bAU$14.7b-AU$120,234,868.0018.8x-367x3x
Thu, 29 Feb 2024AU$45.7bAU$14.8b-AU$1,426,644,719.0032.2x-32x3.1x
Sat, 27 Jan 2024AU$52.7bAU$16.7b-AU$1,140,837,719.0027.2x-46.2x3.2x
Mon, 25 Dec 2023AU$50.8bAU$16.7b-AU$1,140,837,719.0027.8x-44.5x3x
Wed, 22 Nov 2023AU$50.4bAU$16.7b-AU$1,140,837,719.0026x-44.1x3x
Fri, 20 Oct 2023AU$49.3bAU$16.3b-AU$1,506,437,719.0029x-32.7x3x
Sun, 17 Sep 2023AU$51.5bAU$16.3b-AU$1,514,060,733.0032.4x-34x3.2x
Tue, 15 Aug 2023AU$53.8bAU$16.6b-AU$752,887,733.0030x-71.5x3.3x
Price to Earnings Ratio

-71.5x


Total Market Cap: AU$53.8bTotal 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 -103.4x202420252026
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 35.0x which is higher than its 3-year average PE of -104x.
  • The 3-year average PS ratio of 3.3x is lower than the industry's current PS ratio of 3.8x.
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 Market3.52%
Consumer Discretionary2.07%
Hospitality0.86%
Casinos and Gaming0.65%
Hotels, Resorts and Cruise Lines4.59%
Restaurants0.39%
Leisure Facilities-3.40%
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$65.562.3%
+AU$879.6m		-6.5%PE26.7x
LNW Light & WonderAU$124.308.8%
+AU$666.1m		4.7%PE24.9x
JIN Jumbo InteractiveAU$7.442.8%
+AU$12.7m		-31.3%PE12.5x
BBT Betr EntertainmentAU$0.205.3%
+AU$10.5m		-34.4%PS1.5x
PBH PointsBet HoldingsAU$0.890.6%
+AU$1.7m		-29.6%PS1.2x

Latest News

ALL
AU$65.56
Aristocrat Leisure
7D
2.3%
1Y
-6.5%
BBT
AU$0.20
Betr Entertainment
7D
5.3%
1Y
-34.4%
New Narrative • Aug 06

Digital Wagering Tailwinds Will Support Stronger Margins And Long Term Earnings Potential

Catalysts About Betr Entertainment Betr Entertainment is an Australian wagering company focused on online sports betting and racing products. What are the underlying business or industry changes driving this perspective?
JIN
AU$7.44
Jumbo Interactive
7D
2.8%
1Y
-31.3%
Narrative Update • Aug 04

JIN: Margin Profile And Earnings Expansion Will Support Future Shareholder Value

Analysts have trimmed their price target for Jumbo Interactive to A$9.19 from A$11.43. This reflects updated assumptions for slightly lower revenue growth, a reduced profit margin profile, a modestly higher discount rate and a lower future P/E multiple.
PBH
AU$0.89
PointsBet Holdings
7D
0.6%
1Y
-29.6%
LNW
AU$124.30
Light & Wonder
7D
8.8%
1Y
4.7%
Narrative Update • Jul 24

LNW: Share Repurchases Will Support Earnings Power Despite Higher Discount Rate

Analysts have reduced their price target on Light & Wonder to A$168.45 from A$177.72, citing updated assumptions for discount rates, revenue growth, profit margins and future P/E multiples. What's in the News for Light & Wonder Light & Wonder reported that from January 1, 2026 to March 31, 2026, it repurchased 200,000 shares for $22 million under the buyback announced on June 13, 2024.
TLC
AU$5.46
Lottery
7D
-2.3%
1Y
0.6%
TAH
AU$0.89
Tabcorp Holdings
7D
-0.6%
1Y
22.8%
AGI
AU$1.15
Ainsworth Game Technology
7D
-4.2%
1Y
13.3%
SGR
AU$0.14
Star Entertainment Group
7D
-3.6%
1Y
46.7%
Narrative Update • Jun 26

SGR: New Funding And Higher P/E Expectations Will Support Future Upside

Analysts have adjusted their price target for Star Entertainment Group to A$0.13 from A$0.12. This reflects updated assumptions around discount rates, revenue trends, profit margins and the future P/E multiple.
RCT
AU$3.86
Reef Casino Trust
7D
0.1%
1Y
8.0%