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U.S. Casinos and Gaming Industry Analysis

UpdatedMay 03, 2026
DataAggregated Company Financials
Companies40
  • 7D0.4%
  • 3M-6.0%
  • 1Y-11.3%
  • YTDn/a

The Casinos and Gaming industry has been flat over the last week, but Flutter Entertainment has lost 4.9%. Unfortunately though, the industry is down 11% over the past 12 months. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 03 May 2026US$124.2bUS$93.4bUS$1.4b30.2x90.2x1.3x
Tue, 31 Mar 2026US$117.2bUS$92.8bUS$1.3b22.7x89.3x1.3x
Thu, 26 Feb 2026US$122.9bUS$91.4bUS$2.4b23.7x52.3x1.3x
Sat, 24 Jan 2026US$145.0bUS$89.6bUS$2.1b23.8x69.2x1.6x
Mon, 22 Dec 2025US$163.4bUS$89.5bUS$2.1b27.6x77.9x1.8x
Wed, 19 Nov 2025US$156.3bUS$92.7bUS$2.5b26.5x62.7x1.7x
Fri, 17 Oct 2025US$164.0bUS$90.9bUS$2.5b25x66x1.8x
Sun, 14 Sep 2025US$181.3bUS$90.9bUS$2.5b26.7x72.9x2x
Tue, 12 Aug 2025US$177.6bUS$90.6bUS$2.7b26.6x64.7x2x
Thu, 10 Jul 2025US$184.0bUS$90.6bUS$3.0b26.1x61.8x2x
Sat, 07 Jun 2025US$158.5bUS$91.7bUS$3.0b22.2x52.2x1.7x
Mon, 05 May 2025US$151.5bUS$86.5bUS$2.5b24.4x59.8x1.8x
Wed, 02 Apr 2025US$144.9bUS$86.2bUS$2.6b23.2x55.9x1.7x
Fri, 28 Feb 2025US$172.6bUS$86.4bUS$1.5b22.3x113.5x2x
Sun, 26 Jan 2025US$167.8bUS$87.6bUS$1.4b22.4x121.1x1.9x
Tue, 24 Dec 2024US$172.5bUS$87.7bUS$1.4b23.6x127.4x2x
Thu, 21 Nov 2024US$175.6bUS$87.7bUS$1.4b24.3x129.3x2x
Sat, 19 Oct 2024US$170.5bUS$89.0bUS$411.2m23.6x414.8x1.9x
Mon, 16 Sep 2024US$159.8bUS$89.0bUS$411.0m19.9x388.9x1.8x
Wed, 14 Aug 2024US$145.5bUS$88.3bUS$219.5m19x663x1.6x
Fri, 12 Jul 2024US$156.0bUS$87.2bUS$1.3b16.1x124.6x1.8x
Sun, 09 Jun 2024US$121.7bUS$74.9bUS$2.6b15.1x47.2x1.6x
Tue, 07 May 2024US$125.7bUS$74.7bUS$2.4b15x53.2x1.7x
Thu, 04 Apr 2024US$138.2bUS$73.1bUS$3.2b16.9x43.6x1.9x
Sat, 02 Mar 2024US$138.8bUS$72.8bUS$2.9b14.3x47.4x1.9x
Mon, 29 Jan 2024US$131.8bUS$71.6bUS$2.8b14.4x47.5x1.8x
Wed, 27 Dec 2023US$130.8bUS$69.8bUS$2.2b14.8x58.7x1.9x
Fri, 24 Nov 2023US$129.2bUS$69.8bUS$2.2b14.1x57.6x1.9x
Sun, 22 Oct 2023US$116.3bUS$68.2bUS$1.9b15.8x59.8x1.7x
Tue, 19 Sep 2023US$130.7bUS$66.4bUS$1.4b17.1x95.9x2x
Thu, 17 Aug 2023US$128.7bUS$66.4bUS$1.6b16.7x78.1x1.9x
Sat, 15 Jul 2023US$140.7bUS$62.8bUS$1.5b13.8x92.4x2.2x
Mon, 12 Jun 2023US$138.0bUS$62.7bUS$1.4b13.4x95.2x2.2x
Wed, 10 May 2023US$132.8bUS$62.5bUS$1.2b13.4x107.6x2.1x
Price to Earnings Ratio

107.6x


Total Market Cap: US$132.8bTotal Earnings: US$1.2bTotal Revenue: US$62.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Casinos and Gaming Industry Price to Earnings3Y Average 111.9x202420252026
Current Industry PE
  • Investors are pessimistic on the American 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 90.2x which is lower than its 3-year average PE of 112x.
  • 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 grown 3.7% per year over the last three years.
  • Revenues for these companies have grown 14% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

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

US Market0.85%
Consumer Discretionary0.54%
Hospitality-0.41%
Casinos and Gaming0.38%
Leisure Facilities1.65%
Hotels, Resorts and Cruise Lines-0.24%
Restaurants-1.08%
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
LVS Las Vegas SandsUS$53.791.9%
+US$649.4m		41.3%PE19.3x
RSI Rush Street InteractiveUS$28.3319.8%
+US$485.9m		143.2%PE79.4x
SGHC Super Group (SGHC)US$12.892.9%
+US$182.9m		52.0%PE30.2x
CZR Caesars EntertainmentUS$28.380.9%
+US$53.2m		2.1%PS0.5x
MCRI Monarch Casino & ResortUS$117.622.3%
+US$46.8m		48.4%PE19.1x

Latest News

MLCO
US$5.46
Melco Resorts & Entertainment
7D
-3.0%
1Y
2.1%

Melco Resorts: Q1 2026 Earnings Confirms Our Bullish Case

May 03
RRR
US$52.78
Red Rock Resorts
7D
-2.4%
1Y
20.5%
RSI
US$28.33
Rush Street Interactive
7D
19.8%
1Y
143.2%

RSI: Raised 2026 Guidance And Completed Buyback Will Support Future Returns

Analysts have raised their price target on Rush Street Interactive from $25 to $29. This reflects updated assumptions that include higher revenue growth, a stronger profit margin profile and a lower future P/E multiple.
MGM
US$38.50
MGM Resorts International
7D
-2.6%
1Y
20.4%

MGM: Future Buybacks And New Las Vegas Packages Will Support Upside

The analyst price target for MGM Resorts International has moved higher by about $1 to roughly $44, as analysts factor in updated expectations for revenue growth, profit margins, and future P/E following a mix of recent target hikes and trims across major firms. Analyst Commentary Recent Street research on MGM Resorts International reflects a mix of optimism and caution, with several firms adjusting price targets and at least one rating change to a more neutral stance.
GENI
US$4.35
Genius Sports
7D
-2.7%
1Y
-60.6%
BYD
US$84.50
Boyd Gaming
7D
0.7%
1Y
19.2%

BYD: Execution And Capital Returns Will Balance Mixed Views On Future Repricing

Analysts have adjusted their average fair value estimate for Boyd Gaming, reducing it by about $0.87 to $93.93. This change reflects a combination of modest price target cuts and increases as they reassess near term catalysts, margin assumptions, and the appropriate P/E multiple.
DKNG
US$23.00
DraftKings
7D
-0.8%
1Y
-32.8%

DraftKings: A Gem That Has Lost Its Luster

Apr 30
MCRI
US$117.62
Monarch Casino & Resort
7D
2.3%
1Y
48.4%
CZR
US$28.38
Caesars Entertainment
7D
0.9%
1Y
2.1%
FLUT
US$106.13
Flutter Entertainment
7D
-4.9%
1Y
-57.3%
SGHC
US$12.89
Super Group (SGHC)
7D
2.9%
1Y
52.0%
MSC
US$2.30
Studio City International Holdings
7D
-14.8%
1Y
-22.3%
LVS
US$53.79
Las Vegas Sands
7D
1.9%
1Y
41.3%

LVS: Future Returns Will Reflect Share Repurchases And Ongoing Macau Recovery Risks

The updated analyst price target for Las Vegas Sands has increased by about $4 to $69.56. This change reflects recent research in which several firms raised their price targets while others trimmed theirs, as analysts collectively reassessed revenue growth, profit margins and future P/E assumptions.
WYNN
US$105.98
Wynn Resorts
7D
0.3%
1Y
28.5%

Wynn Resorts: Betting On UAE

Apr 24
CHDN
US$98.65
Churchill Downs
7D
-2.9%
1Y
5.8%
BALY
US$13.24
Bally's
7D
4.4%
1Y
4.3%

Bally's: Balance Sheet Needs To Sustain Growth Ambition

Apr 22