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U.S. Casinos and Gaming Industry Analysis

UpdatedJun 11, 2026
DataAggregated Company Financials
Companies43
  • 7D5.6%
  • 3M6.8%
  • 1Y-16.6%
  • YTDn/a

In the last week, the Casinos and Gaming industry is up 4.2%, with Flutter Entertainment up 9.1%. In the past year, the industry is down 17%. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 11 Jun 2026US$129.6bUS$94.6bUS$595.7m32.6x217.6x1.4x
Sat, 09 May 2026US$123.6bUS$94.4bUS$1.3b30.6x92.3x1.3x
Mon, 06 Apr 2026US$122.5bUS$92.8bUS$1.3b23.3x93.3x1.3x
Wed, 04 Mar 2026US$124.2bUS$92.5bUS$2.3b23.6x54.3x1.3x
Fri, 30 Jan 2026US$140.6bUS$90.3bUS$2.2b22x64.8x1.6x
Sun, 28 Dec 2025US$163.1bUS$89.6bUS$2.1b27.4x77.8x1.8x
Tue, 25 Nov 2025US$157.4bUS$92.7bUS$2.5b26.5x63.1x1.7x
Thu, 23 Oct 2025US$163.9bUS$90.9bUS$2.5b25x65.9x1.8x
Sat, 20 Sep 2025US$180.9bUS$90.9bUS$2.5b26.5x72.8x2x
Mon, 18 Aug 2025US$184.3bUS$90.6bUS$2.5b26.8x74.4x2x
Wed, 16 Jul 2025US$188.0bUS$90.6bUS$3.0b25.6x63.2x2.1x
Fri, 13 Jun 2025US$168.7bUS$91.7bUS$3.0b23x55.6x1.8x
Sun, 11 May 2025US$150.5bUS$87.3bUS$3.3b26.7x45x1.7x
Tue, 08 Apr 2025US$133.1bUS$86.4bUS$2.7b21.8x49.1x1.5x
Thu, 06 Mar 2025US$167.2bUS$87.0bUS$2.5b25.3x66.8x1.9x
Sat, 01 Feb 2025US$176.3bUS$87.5bUS$1.3b23x132.9x2x
Mon, 30 Dec 2024US$171.1bUS$87.7bUS$1.4b23.7x126.4x2x
Wed, 27 Nov 2024US$180.4bUS$87.7bUS$1.4b24.5x132.8x2.1x
Fri, 25 Oct 2024US$168.3bUS$88.9bUS$313.8m24.8x536.3x1.9x
Sun, 22 Sep 2024US$165.0bUS$89.1bUS$411.0m20.4x401.4x1.9x
Tue, 20 Aug 2024US$154.4bUS$89.0bUS$428.1m19.5x360.5x1.7x
Thu, 18 Jul 2024US$164.3bUS$87.2bUS$1.3b16.2x131.3x1.9x
Sat, 15 Jun 2024US$122.2bUS$74.9bUS$2.6b15.1x47.4x1.6x
Mon, 13 May 2024US$124.3bUS$74.8bUS$2.5b16.2x50.5x1.7x
Wed, 10 Apr 2024US$137.0bUS$73.1bUS$3.2b16.8x43.3x1.9x
Fri, 08 Mar 2024US$133.9bUS$73.0bUS$3.1b14.3x43.5x1.8x
Sun, 04 Feb 2024US$133.9bUS$71.6bUS$2.8b14.6x48.2x1.9x
Tue, 02 Jan 2024US$131.5bUS$69.8bUS$2.2b14.7x59x1.9x
Thu, 30 Nov 2023US$128.1bUS$69.8bUS$2.2b13.8x57.5x1.8x
Sat, 28 Oct 2023US$114.6bUS$68.4bUS$1.9b15.2x59.5x1.7x
Mon, 25 Sep 2023US$122.4bUS$66.4bUS$1.4b16.9x89.8x1.8x
Wed, 23 Aug 2023US$132.0bUS$66.5bUS$1.4b17x96.9x2x
Fri, 21 Jul 2023US$139.0bUS$64.3bUS$2.1b14.7x65.5x2.2x
Sun, 18 Jun 2023US$136.8bUS$62.7bUS$1.5b13.7x92.2x2.2x
Price to Earnings Ratio

92.2x


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 114.3x202420252026
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 210x which is higher than its 3-year average PE of 114x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Casinos and Gaming industry have declined 26% 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 Market-4.05%
Consumer Discretionary-4.36%
Hospitality-0.002%
Casinos and Gaming5.57%
Leisure Facilities3.57%
Restaurants1.40%
Hotels, Resorts and Cruise Lines-2.93%
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
FLUT Flutter EntertainmentUS$112.9412.2%
+US$2.1b		-58.1%PS1.2x
DKNG DraftKingsUS$28.7914.7%
+US$1.8b		-24.0%PE243.6x
SRAD Sportradar GroupUS$16.7324.3%
+US$1.0b		-31.9%PE64.7x
SGHC Super Group (SGHC)US$13.727.8%
+US$503.0m		47.4%PE28.5x
RSI Rush Street InteractiveUS$28.8213.4%
+US$354.0m		107.6%PE81x

Latest News

DKNG
US$28.79
DraftKings
7D
14.7%
1Y
-24.0%
Seeking Alpha • 5h

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$21.45
PENN Entertainment
7D
9.2%
1Y
27.5%
FLUT
US$112.94
Flutter Entertainment
7D
12.2%
1Y
-58.1%
MLCO
US$5.63
Melco Resorts & Entertainment
7D
-2.6%
1Y
-11.9%
SRAD
US$16.73
Sportradar Group
7D
24.3%
1Y
-31.9%
RSI
US$28.82
Rush Street Interactive
7D
13.4%
1Y
107.6%
RRR
US$62.08
Red Rock Resorts
7D
9.1%
1Y
27.4%
BYD
US$86.82
Boyd Gaming
7D
-0.1%
1Y
15.4%
LVS
US$50.81
Las Vegas Sands
7D
-0.1%
1Y
21.4%
Narrative Update • Jun 08

LVS: Future Returns Will Lean On Macau Recovery And Ongoing Share Repurchases

Analysts have trimmed their average price target on Las Vegas Sands by about $0.47 to $69.09. This reflects a mix of recent target cuts and modest increases as they factor in slightly adjusted discount rates, revenue expectations, profit margins and future P/E assumptions.
SEGG
US$1.39
Sports Entertainment Gaming Global
7D
-23.2%
1Y
-88.9%
GENI
US$6.80
Genius Sports
7D
15.4%
1Y
-29.6%
Narrative Update • Jun 05

GENI: Official Data Rights And AI Partnerships Will Support Future Prediction Markets

Analysts have trimmed the average price target for Genius Sports by about $1, reflecting updated views on fair value that incorporate higher projected revenue growth and profit margins, a lower assumed future P/E, and recent research that highlights both reduced targets at several firms and renewed support following the CFTC advisory on official sports data. Analyst Commentary Recent research on Genius Sports reflects a mix of optimism around new revenue opportunities and caution around valuation and execution risks, especially after a series of price target cuts alongside supportive commentary on official data rights and prediction markets.
MGM
US$46.91
MGM Resorts International
7D
-2.9%
1Y
41.2%
SGHC
US$13.72
Super Group (SGHC)
7D
7.8%
1Y
47.4%
Narrative Update • Jun 04

SGHC: Betting Handle Stabilization And Prediction Markets Will Support 2026 Confidence

Analysts have lifted their fair value estimate for Super Group (SGHC) to $18.13 from $17.38, citing updated models that reflect recent Q1 earnings, improving sentiment around betting handle trends, and early traction in prediction markets and market-making. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value and the recent price target increase to $17 as aligned with updated Q1 models that now factor in current betting handle trends.
SBET
US$5.16
Sharplink
7D
-6.9%
1Y
-86.1%