U.S. Casinos and Gaming Industry Analysis
UpdatedApr 24, 2024
DataAggregated Company Financials
Companies41
- 7D-2.3%
- 3M-3.8%
- 1Y-1.5%
- YTDn/a
Over the last 7 days, the Casinos and Gaming industry has dropped 2.3%, driven by Las Vegas Sands declining 8.4%. On the other hand Light & Wonder is actually up 6.3%. As for the longer term, the industry's performance has been flat for the past year. Earnings are forecast to grow by 23% annually.
Industry Valuation and Performance
Has the U.S. Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | US$125.8b | US$73.9b | US$3.5b | 15.7x | 35.9x | 1.7x |
| Sat, 23 Mar 2024 | US$135.1b | US$73.1b | US$3.2b | 16.8x | 42.6x | 1.8x |
| Mon, 19 Feb 2024 | US$138.5b | US$72.6b | US$2.6b | 14.3x | 54.1x | 1.9x |
| Wed, 17 Jan 2024 | US$126.8b | US$69.8b | US$2.2b | 14.1x | 56.9x | 1.8x |
| Fri, 15 Dec 2023 | US$129.9b | US$69.8b | US$2.2b | 14.9x | 58.3x | 1.9x |
| Sun, 12 Nov 2023 | US$125.0b | US$69.7b | US$2.2b | 13.5x | 56.1x | 1.8x |
| Tue, 10 Oct 2023 | US$121.0b | US$66.4b | US$1.4b | 17.1x | 88.8x | 1.8x |
| Thu, 07 Sep 2023 | US$133.5b | US$66.4b | US$1.4b | 18.2x | 98x | 2x |
| Sat, 05 Aug 2023 | US$136.6b | US$66.2b | US$1.4b | 21.4x | 96.8x | 2.1x |
| Mon, 03 Jul 2023 | US$133.3b | US$62.7b | US$1.5b | 13.5x | 88x | 2.1x |
| Wed, 31 May 2023 | US$128.3b | US$62.7b | US$1.5b | 13.1x | 83.5x | 2x |
| Fri, 28 Apr 2023 | US$130.8b | US$60.3b | -US$179,351,707.00 | 14.5x | -729.4x | 2.2x |
| Sun, 26 Mar 2023 | US$118.7b | US$58.8b | -US$753,065,563.00 | 14.9x | -157.6x | 2x |
| Tue, 21 Feb 2023 | US$129.3b | US$57.6b | -US$313,886,556.00 | 12.7x | -411.9x | 2.2x |
| Thu, 19 Jan 2023 | US$118.2b | US$56.9b | -US$621,832,527.00 | 11.7x | -190.1x | 2.1x |
| Sat, 17 Dec 2022 | US$109.3b | US$56.9b | -US$619,103,868.00 | 12.2x | -176.6x | 1.9x |
| Mon, 14 Nov 2022 | US$110.1b | US$56.8b | -US$664,391,217.00 | 12.1x | -165.8x | 1.9x |
| Wed, 12 Oct 2022 | US$91.9b | US$54.5b | US$425.2m | 10.8x | 216.1x | 1.7x |
| Fri, 09 Sep 2022 | US$101.1b | US$54.5b | US$423.2m | 10.6x | 238.8x | 1.9x |
| Sun, 07 Aug 2022 | US$100.0b | US$52.0b | -US$222,928,467.00 | 15.2x | -448.5x | 1.9x |
| Tue, 05 Jul 2022 | US$87.8b | US$50.0b | -US$1,256,802,389.00 | 11.7x | -69.8x | 1.8x |
| Thu, 02 Jun 2022 | US$97.6b | US$50.1b | -US$1,257,150,232.00 | 13.8x | -77.6x | 1.9x |
| Sat, 30 Apr 2022 | US$111.1b | US$49.2b | -US$1,943,650,567.00 | 16x | -57.1x | 2.3x |
| Mon, 28 Mar 2022 | US$125.7b | US$49.2b | -US$1,869,521,303.00 | 22.3x | -67.2x | 2.6x |
| Wed, 23 Feb 2022 | US$136.1b | US$48.2b | -US$1,912,162,510.00 | 21x | -71.2x | 2.8x |
| Fri, 21 Jan 2022 | US$129.1b | US$44.7b | -US$3,136,309,453.00 | 26.2x | -41.2x | 2.9x |
| Sun, 19 Dec 2021 | US$133.6b | US$44.7b | -US$3,129,645,681.00 | 32.2x | -42.7x | 3x |
| Tue, 16 Nov 2021 | US$155.7b | US$44.6b | -US$3,132,328,167.00 | 35.5x | -49.7x | 3.5x |
| Thu, 14 Oct 2021 | US$166.4b | US$39.7b | -US$6,064,722,695.00 | 30.7x | -27.4x | 4.2x |
| Sat, 11 Sep 2021 | US$152.6b | US$39.8b | -US$6,223,828,555.01 | 22.4x | -24.5x | 3.8x |
| Mon, 09 Aug 2021 | US$141.2b | US$39.7b | -US$6,193,483,050.97 | 22.9x | -22.8x | 3.6x |
| Sun, 02 May 2021 | US$167.3b | US$29.2b | -US$9,698,682,825.90 | 57.4x | -17.2x | 5.7x |
Price to Earnings Ratio
-17.2x
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 35.9x which is higher than its 3-year average PE of -16.6x.
- The 3-year average PS ratio of 2.5x is higher than the industry's current PS ratio of 1.7x.
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 grown 36% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does U.S. Casinos and Gaming compare with similar industries?
| US Market | 1.23% | |
| Consumer Discretionary | 0.52% | |
| Hospitality | 1.28% | |
| Casinos and Gaming | -2.32% | |
| Hotels, Resorts and Cruise Lines | 3.25% | |
| Restaurants | 1.30% | |
| Leisure Facilities | -2.23% | |
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 | US$93.55 | 5.7% +US$459.3m | 62.7% | PE51.9x | |
| PENN PENN Entertainment | US$17.84 | 9.7% +US$290.9m | -36.6% | PS0.4x | |
| MGM MGM Resorts International | US$42.71 | 1.6% +US$215.6m | 0.8% | PE11.8x | |
| CHDN Churchill Downs | US$123.39 | 1.9% +US$170.2m | -2.0% | PE21.8x | |
| IGT International Game Technology | US$20.54 | 2.8% +US$112.3m | -24.2% | PE24.2x |
