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U.S. Casinos and Gaming Industry Analysis

UpdatedJun 13, 2026
DataAggregated Company Financials
Companies43
  • 7D5.9%
  • 3M6.5%
  • 1Y-11.4%
  • YTDn/a

Over the last 7 days, the Casinos and Gaming industry has risen 5.9%, driven by gains in DraftKings and Flutter Entertainment of 16% and 10%, respectively. In contrast, the industry has lost 11% in the last 12 months. Looking forward, earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

Has the U.S. Casinos and Gaming Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Jun 2026US$131.1bUS$94.6bUS$595.9m32.5x220x1.4x
Mon, 11 May 2026US$123.2bUS$94.4bUS$1.3b30.6x92.1x1.3x
Wed, 08 Apr 2026US$122.4bUS$92.8bUS$1.3b22.6x93.2x1.3x
Fri, 06 Mar 2026US$126.8bUS$92.7bUS$2.3b23.7x54.9x1.4x
Sun, 01 Feb 2026US$133.0bUS$90.3bUS$2.2b21.7x61.4x1.5x
Tue, 30 Dec 2025US$161.9bUS$89.6bUS$2.1b27.4x77.2x1.8x
Thu, 27 Nov 2025US$154.9bUS$89.5bUS$2.1b26.8x73.8x1.7x
Sat, 25 Oct 2025US$169.8bUS$91.6bUS$3.9b25.4x43.4x1.9x
Mon, 22 Sep 2025US$181.8bUS$90.9bUS$2.5b26.5x73.1x2x
Wed, 20 Aug 2025US$185.3bUS$90.6bUS$2.5b26.5x74.9x2x
Fri, 18 Jul 2025US$188.5bUS$90.6bUS$3.0b25.5x63.3x2.1x
Sun, 15 Jun 2025US$162.2bUS$91.7bUS$3.0b22.1x53.4x1.8x
Tue, 13 May 2025US$155.0bUS$89.2bUS$3.5b23.3x44.3x1.7x
Thu, 10 Apr 2025US$132.2bUS$86.4bUS$2.7b23.5x48.7x1.5x
Sat, 08 Mar 2025US$163.7bUS$86.7bUS$2.6b22.3x63.4x1.9x
Mon, 03 Feb 2025US$172.9bUS$87.5bUS$1.3b23x130.3x2x
Wed, 01 Jan 2025US$168.8bUS$87.6bUS$1.4b23.9x122x1.9x
Fri, 29 Nov 2024US$180.7bUS$87.7bUS$1.4b24.8x132.8x2.1x
Sun, 27 Oct 2024US$170.0bUS$89.0bUS$307.9m24.6x552.1x1.9x
Tue, 24 Sep 2024US$165.0bUS$89.1bUS$411.0m20.4x401.4x1.9x
Thu, 22 Aug 2024US$154.8bUS$89.1bUS$425.5m19.5x363.8x1.7x
Sat, 20 Jul 2024US$156.4bUS$87.2bUS$1.3b15.9x125x1.8x
Mon, 17 Jun 2024US$120.2bUS$74.9bUS$2.6b15.1x46.6x1.6x
Wed, 15 May 2024US$126.3bUS$75.2bUS$2.6b15.2x49.1x1.7x
Fri, 12 Apr 2024US$135.2bUS$73.1bUS$3.2b16.5x42.8x1.8x
Sun, 10 Mar 2024US$133.1bUS$73.0bUS$3.1b14.2x43.2x1.8x
Tue, 06 Feb 2024US$133.8bUS$71.6bUS$2.8b14.5x48.2x1.9x
Thu, 04 Jan 2024US$128.2bUS$69.8bUS$2.2b14.2x57.5x1.8x
Sat, 02 Dec 2023US$125.8bUS$69.8bUS$2.2b14.2x56.4x1.8x
Mon, 30 Oct 2023US$114.6bUS$68.4bUS$1.9b15.2x59.5x1.7x
Wed, 27 Sep 2023US$121.1bUS$66.4bUS$1.4b16.7x88.9x1.8x
Fri, 25 Aug 2023US$132.2bUS$66.5bUS$1.4b17.7x97x2x
Sun, 23 Jul 2023US$139.3bUS$64.3bUS$2.1b14.8x65.6x2.2x
Tue, 20 Jun 2023US$136.8bUS$62.7bUS$1.5b13.7x90.3x2.2x
Price to Earnings Ratio

90.3x


Total Market Cap: US$136.8bTotal Earnings: US$1.5bTotal Revenue: US$62.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Casinos and Gaming Industry Price to Earnings3Y Average 114.5x202420252026
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 220x which is higher than its 3-year average PE of 115x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Casinos and Gaming industry have declined 27% per year over the last three years.
  • Meanwhile revenues for these companies have grown 15% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does U.S. Casinos and Gaming compare with similar industries?

US Market0.81%
Consumer Discretionary0.67%
Hospitality3.24%
Casinos and Gaming5.91%
Restaurants4.18%
Leisure Facilities3.37%
Hotels, Resorts and Cruise Lines1.65%
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
DKNG DraftKingsUS$29.0016.3%
+US$2.0b		-20.5%PE245.3x
FLUT Flutter EntertainmentUS$110.6510.1%
+US$1.8b		-58.2%PS1.1x
SRAD Sportradar GroupUS$15.9915.0%
+US$651.6m		-34.3%PE61.7x
MGM MGM Resorts InternationalUS$48.973.1%
+US$373.5m		54.3%PE66.7x
RSI Rush Street InteractiveUS$29.6013.2%
+US$360.2m		123.6%PE83.2x

Latest News

RRR
US$63.11
Red Rock Resorts
7D
10.0%
1Y
32.2%
FLUT
US$110.65
Flutter Entertainment
7D
10.1%
1Y
-58.2%
MGM
US$48.97
MGM Resorts International
7D
3.1%
1Y
54.3%
DKNG
US$29.00
DraftKings
7D
16.3%
1Y
-20.5%
Seeking Alpha • Jun 11

DraftKings: Prediction Market Potential Is Becoming Clearer

Summary DraftKings Inc. disclosed strong 24% May month-over-month volume growth to $1.3 billion in the company's prediction market platform. The platform is gaining scale but remains small for now. DraftKings Predictions' volume is still tens of times smaller than Kalshi's or Polymarket's. DKNG's platform should see significant further growth through a marketing ramp-up and platform improvements; the platform launch is still early. I estimate DKNG stock to have 35% upside to $37.3. Read the full article on Seeking Alpha
PENN
US$21.68
PENN Entertainment
7D
12.7%
1Y
38.9%
MLCO
US$5.50
Melco Resorts & Entertainment
7D
-3.5%
1Y
-8.6%
SRAD
US$15.99
Sportradar Group
7D
15.0%
1Y
-34.3%
RSI
US$29.60
Rush Street Interactive
7D
13.2%
1Y
123.6%
BYD
US$87.46
Boyd Gaming
7D
-0.5%
1Y
19.4%
SEGG
US$1.21
Sports Entertainment Gaming Global
7D
-26.7%
1Y
-89.3%
WYNN
US$107.27
Wynn Resorts
7D
2.7%
1Y
27.4%
Narrative Update • Jun 05

WYNN: Al Marjan Launch And Macau Expansion Will Support Future Upside

Wynn Resorts' analyst fair value estimate has shifted slightly from $152.00 to $150.00 as analysts factor in a series of reduced price targets across major firms and adjust assumptions for revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent Street research around Wynn Resorts has centered on a broad round of price target trims, along with one key list removal at Goldman Sachs.