Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

U.S. Casinos and Gaming Industry Analysis

UpdatedJun 01, 2026
DataAggregated Company Financials
Companies42
  • 7D1.5%
  • 3M-2.2%
  • 1Y-19.9%
  • YTDn/a

Over the last 7 days, the Casinos and Gaming industry has risen 1.5%, driven by gains from MGM Resorts International of 32%. In contrast, the industry has lost 20% in the last 12 months. 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
Tue, 02 Jun 2026US$120.7bUS$94.6bUS$597.2m30.5x202.2x1.3x
Thu, 30 Apr 2026US$124.8bUS$93.8bUS$1.4b29.9x89.6x1.3x
Sat, 28 Mar 2026US$120.2bUS$92.8bUS$1.3b22.9x91.6x1.3x
Mon, 23 Feb 2026US$125.6bUS$91.4bUS$2.3b24x54.1x1.4x
Wed, 21 Jan 2026US$147.8bUS$89.6bUS$2.1b23.3x70.5x1.7x
Fri, 19 Dec 2025US$161.2bUS$89.5bUS$2.1b27.6x76.8x1.8x
Sun, 16 Nov 2025US$158.7bUS$92.8bUS$2.5b26.8x63.6x1.7x
Tue, 14 Oct 2025US$159.6bUS$90.9bUS$2.5b25.1x64.2x1.8x
Thu, 11 Sep 2025US$185.3bUS$90.9bUS$2.5b26.6x74.5x2x
Sat, 09 Aug 2025US$188.7bUS$93.1bUS$2.8b26x67x2x
Mon, 07 Jul 2025US$181.3bUS$90.6bUS$3.0b25.6x60.9x2x
Wed, 04 Jun 2025US$156.9bUS$91.7bUS$3.0b22.7x51.7x1.7x
Fri, 02 May 2025US$147.0bUS$86.5bUS$2.5b23.8x58x1.7x
Sun, 30 Mar 2025US$147.7bUS$86.2bUS$2.6b22.4x57x1.7x
Tue, 25 Feb 2025US$174.3bUS$87.9bUS$1.2b22.6x148x2x
Thu, 23 Jan 2025US$171.2bUS$87.6bUS$1.4b22.4x123.6x2x
Sat, 21 Dec 2024US$170.3bUS$87.7bUS$1.4b23.7x125.8x1.9x
Mon, 18 Nov 2024US$173.2bUS$87.7bUS$1.4b23.7x127.5x2x
Wed, 16 Oct 2024US$168.7bUS$89.0bUS$411.2m23.3x410.4x1.9x
Fri, 13 Sep 2024US$157.3bUS$89.0bUS$411.0m19.5x382.8x1.8x
Sun, 11 Aug 2024US$146.5bUS$88.3bUS$224.4m18.1x652.6x1.7x
Tue, 09 Jul 2024US$155.7bUS$87.2bUS$1.3b15.3x124.4x1.8x
Thu, 06 Jun 2024US$119.4bUS$74.9bUS$2.6b15.1x46.3x1.6x
Sat, 04 May 2024US$123.5bUS$74.7bUS$2.4b15x52.3x1.7x
Mon, 01 Apr 2024US$137.7bUS$73.1bUS$3.2b17.3x43.4x1.9x
Wed, 28 Feb 2024US$134.2bUS$72.7bUS$2.9b13.9x46x1.8x
Fri, 26 Jan 2024US$130.6bUS$71.6bUS$2.8b14.4x47x1.8x
Sun, 24 Dec 2023US$130.8bUS$69.8bUS$2.2b14.7x58.7x1.9x
Tue, 21 Nov 2023US$129.1bUS$69.8bUS$2.2b14.1x57.6x1.8x
Thu, 19 Oct 2023US$116.7bUS$66.4bUS$1.3b15.8x87.8x1.8x
Sat, 16 Sep 2023US$129.3bUS$66.4bUS$1.4b17.3x94.9x1.9x
Mon, 14 Aug 2023US$133.7bUS$66.5bUS$1.6b17.2x83.6x2x
Wed, 12 Jul 2023US$136.4bUS$62.7bUS$1.5b13.6x89.9x2.2x
Fri, 09 Jun 2023US$137.6bUS$62.7bUS$1.5b13.3x94.8x2.2x
Price to Earnings Ratio

94.8x


Total Market Cap: US$137.6bTotal 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 113.4x202420252026
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 202x which is higher than its 3-year average PE of 113x.
  • 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 Market1.58%
Consumer Discretionary1.58%
Hospitality3.01%
Casinos and Gaming1.55%
Hotels, Resorts and Cruise Lines5.61%
Leisure Facilities3.52%
Restaurants0.26%
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
MGM MGM Resorts InternationalUS$50.6932.0%
+US$3.1b		62.6%PE69.1x
LVS Las Vegas SandsUS$53.277.8%
+US$2.5b		29.6%PE19.2x
FLUT Flutter EntertainmentUS$104.317.1%
+US$1.2b		-57.6%PS1.1x
WYNN Wynn ResortsUS$106.539.6%
+US$950.1m		21.3%PE29.1x
DKNG DraftKingsUS$26.334.8%
+US$600.3m		-21.9%PE222.8x

Latest News

MGM
US$50.69
MGM Resorts International
7D
32.0%
1Y
62.6%
DKNG
US$26.33
DraftKings
7D
4.8%
1Y
-21.9%
FLUT
US$104.31
Flutter Entertainment
7D
7.1%
1Y
-57.6%
CHDN
US$89.77
Churchill Downs
7D
5.5%
1Y
-3.2%
Seeking Alpha • Jun 01

Churchill Downs: The Caesars Buyout Could Present An Opportunity

Summary Churchill Downs Incorporated has reported slowing earnings momentum, as the company hasn't found as many attractive CapEx projects. Fertitta's acquisition of Caesars Entertainment is expected to result in sector M&A, and CHDN is well-positioned to acquire potentially sold casino assets. I estimate CHDN stock to have a fair value of $95.2. Read the full article on Seeking Alpha
WYNN
US$106.53
Wynn Resorts
7D
9.6%
1Y
21.3%
LVS
US$53.27
Las Vegas Sands
7D
7.8%
1Y
29.6%
SBET
US$6.19
Sharplink
7D
-0.6%
1Y
-88.8%
SGHC
US$13.01
Super Group (SGHC)
7D
-3.7%
1Y
48.7%
SEGG
US$1.70
Sports Entertainment Gaming Global
7D
-11.0%
1Y
-88.0%
BYD
US$86.84
Boyd Gaming
7D
9.5%
1Y
16.8%
RSI
US$25.39
Rush Street Interactive
7D
-6.2%
1Y
102.3%
PENN
US$20.24
PENN Entertainment
7D
19.9%
1Y
36.9%
Narrative Update • May 18

PENN: Free Cash Flow And Interactive Break Even Will Guide Measured Outlook

Analysts have inched their average price targets on PENN Entertainment higher by low single digit dollar amounts, pointing to improving free cash flow expectations and early progress toward break-even in the interactive business as key supports for the updated valuation assumptions. Analyst Commentary Recent research on PENN Entertainment shows a mix of optimism around free cash flow potential and break-even targets for the interactive segment, alongside ongoing skepticism about execution and management credibility.
FLL
US$2.57
Full House Resorts
7D
-3.2%
1Y
-19.2%
Narrative Update • May 16

FLL: Strong Waukegan Performance Will Underpin Future Upside Despite Chamonix Ramp Challenges

Analysts recently trimmed their price target on Full House Resorts stock to $4 from $5, citing a slower than hoped ramp at Chamonix, even as the temporary Waukegan casino continues to perform strongly. Analyst Commentary Recent research reflects a more cautious stance on Full House Resorts, with the price target adjusted to US$4 from US$5.
CDRO
US$9.32
Codere Online Luxembourg
7D
-0.05%
1Y
28.6%