Narrative Update • Jun 05
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Australian (ASX) Casinos and Gaming Industry Analysis
UpdatedJun 18, 2026
DataAggregated Company Financials
Companies9
- 7D2.1%
- 3M13.2%
- 1Y-11.5%
- YTDn/a
Aristocrat Leisure is up 2.0%, leading the way for the Casinos and Gaming industry, which has gained 2.1%. Meanwhile, Ainsworth Game Technology actually underperformed within the industry, shrinking 9.8% in the last week. In the past year, the industry is down 12%. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Jun 2026 | AU$49.0b | AU$14.8b | AU$1.6b | 22.1x | 30.5x | 3.3x |
| Sat, 16 May 2026 | AU$47.0b | AU$15.0b | AU$1.6b | 21.1x | 29.7x | 3.1x |
| Mon, 13 Apr 2026 | AU$45.9b | AU$15.0b | AU$1.3b | 24.3x | 35.4x | 3.1x |
| Wed, 11 Mar 2026 | AU$44.9b | AU$15.0b | AU$1.3b | 23.9x | 34.7x | 3x |
| Fri, 06 Feb 2026 | AU$62.2b | AU$19.6b | AU$1.7b | 27x | 35.8x | 3.2x |
| Sun, 04 Jan 2026 | AU$64.5b | AU$19.8b | AU$1.8b | 29.7x | 36.6x | 3.3x |
| Tue, 02 Dec 2025 | AU$64.6b | AU$19.9b | AU$1.8b | 30.4x | 36.4x | 3.2x |
| Thu, 30 Oct 2025 | AU$57.5b | AU$15.5b | AU$1.1b | 34.3x | 50.3x | 3.7x |
| Sat, 27 Sep 2025 | AU$60.0b | AU$15.5b | AU$1.1b | 27.8x | 54.6x | 3.9x |
| Mon, 25 Aug 2025 | AU$60.8b | AU$15.5b | -AU$1,204,743,000.00 | 20.5x | -50.5x | 3.9x |
| Wed, 23 Jul 2025 | AU$58.0b | AU$15.7b | -AU$1,149,260,495.00 | 16x | -50.5x | 3.7x |
| Fri, 20 Jun 2025 | AU$57.2b | AU$15.7b | -AU$1,149,260,495.00 | 15x | -49.8x | 3.7x |
| Sun, 18 May 2025 | AU$54.7b | AU$15.7b | -AU$1,149,260,495.00 | 16.2x | -47.6x | 3.5x |
| Tue, 15 Apr 2025 | AU$53.6b | AU$15.6b | -AU$697,160,495.00 | 15.8x | -77x | 3.4x |
| Thu, 13 Mar 2025 | AU$56.0b | AU$15.6b | -AU$697,160,495.00 | 15.1x | -80.3x | 3.6x |
| Sat, 08 Feb 2025 | AU$60.7b | AU$15.5b | -AU$1,363,728,645.00 | 23x | -44.5x | 3.9x |
| Mon, 06 Jan 2025 | AU$58.4b | AU$15.5b | -AU$1,363,728,645.00 | 23.6x | -42.9x | 3.8x |
| Wed, 04 Dec 2024 | AU$58.9b | AU$15.5b | -AU$1,363,728,645.00 | 24x | -43.2x | 3.8x |
| Fri, 01 Nov 2024 | AU$53.0b | AU$15.4b | -AU$1,154,728,645.00 | 22.1x | -45.9x | 3.4x |
| Sun, 29 Sep 2024 | AU$51.5b | AU$15.4b | -AU$1,154,728,645.00 | 22.1x | -44.6x | 3.3x |
| Tue, 27 Aug 2024 | AU$49.0b | AU$15.5b | AU$96.1m | 19.9x | 509.8x | 3.2x |
| Thu, 25 Jul 2024 | AU$49.2b | AU$14.9b | -AU$61,934,868.00 | 22x | -793.7x | 3.3x |
| Sat, 22 Jun 2024 | AU$47.3b | AU$14.9b | -AU$61,934,868.00 | 20.5x | -763.1x | 3.2x |
| Mon, 20 May 2024 | AU$45.6b | AU$14.9b | -AU$61,934,868.00 | 19.4x | -735.5x | 3x |
| Wed, 17 Apr 2024 | AU$42.4b | AU$14.7b | -AU$120,234,868.00 | 17.5x | -352.7x | 2.9x |
| Fri, 15 Mar 2024 | AU$45.8b | AU$14.7b | -AU$122,732,868.00 | 20.1x | -373.4x | 3.1x |
| Sun, 11 Feb 2024 | AU$44.6b | AU$14.9b | -AU$803,837,719.00 | 29.3x | -55.5x | 3x |
| Tue, 09 Jan 2024 | AU$49.7b | AU$16.7b | -AU$1,140,837,719.00 | 26.4x | -43.5x | 3x |
| Thu, 07 Dec 2023 | AU$49.9b | AU$16.7b | -AU$1,140,837,719.00 | 25.4x | -43.7x | 3x |
| Sat, 04 Nov 2023 | AU$49.7b | AU$16.3b | -AU$1,506,437,719.00 | 27.5x | -33x | 3.1x |
| Mon, 02 Oct 2023 | AU$50.8b | AU$16.3b | -AU$1,506,437,719.00 | 31.2x | -33.7x | 3.1x |
| Wed, 30 Aug 2023 | AU$52.5b | AU$16.4b | -AU$1,744,609,733.00 | 33.5x | -30.1x | 3.2x |
| Fri, 28 Jul 2023 | AU$52.6b | AU$16.6b | -AU$752,887,733.00 | 30.3x | -69.8x | 3.2x |
| Sun, 25 Jun 2023 | AU$51.2b | AU$16.6b | -AU$752,887,733.00 | 27.5x | -68x | 3.1x |
Price to Earnings Ratio
-68x
Current Industry PE
- Investors are pessimistic on the Australian Casinos and Gaming industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 29.8x 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 Market | 3.70% | |
| Consumer Discretionary | 3.01% | |
| Hospitality | 2.76% | |
| Casinos and Gaming | 2.11% | |
| Hotels, Resorts and Cruise Lines | 13.39% | |
| Leisure Facilities | 4.31% | |
| Restaurants | 1.00% | |
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 | |
|---|---|---|---|---|---|
| LNW Light & Wonder | AU$131.01 | 6.0% +AU$579.8m | 1.5% | PE29.2x | |
| ALL Aristocrat Leisure | AU$53.55 | 0.3% +AU$102.5m | -19.8% | PE21.9x | |
| TLC Lottery | AU$5.55 | 0.2% +AU$22.2m | 6.1% | PE34x | |
| PBH PointsBet Holdings | AU$1.00 | 3.1% +AU$10.4m | -16.0% | PS1.4x |
