Bally's Corporation (NYSE:BALY) Stock Catapults 49% Though Its Price And Business Still Lag The Industry
Jul 26
U.S. Casinos and Gaming Industry Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies42
- 7D-2.4%
- 3M-2.5%
- 1Y-12.5%
- YTDn/a
Over the last 7 days, the Casinos and Gaming industry has dropped 2.4%, driven by declines in Las Vegas Sands and MGM Resorts International of 4.3% and 8.5%, respectively. Meanwhile, Genius Sports actually outperformed within the industry, gaining 15% in the last week. Overall the industry is down 13% in 12 months. Earnings are forecast to grow by 35% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | US$153.5b | US$87.5b | US$1.4b | 16.9x | 113x | 1.8x |
| Sun, 23 Jun 2024 | US$160.1b | US$87.1b | US$1.3b | 15.4x | 126.9x | 1.8x |
| Tue, 21 May 2024 | US$127.0b | US$74.9b | US$2.5b | 15x | 50.5x | 1.7x |
| Thu, 18 Apr 2024 | US$129.2b | US$73.1b | US$3.2b | 15.9x | 40.9x | 1.8x |
| Sat, 16 Mar 2024 | US$132.5b | US$73.1b | US$3.1b | 14.2x | 42.4x | 1.8x |
| Mon, 12 Feb 2024 | US$140.5b | US$71.6b | US$2.7b | 15x | 52.1x | 2x |
| Wed, 10 Jan 2024 | US$128.9b | US$69.8b | US$2.2b | 14.2x | 57.8x | 1.8x |
| Fri, 08 Dec 2023 | US$123.0b | US$69.8b | US$2.2b | 13.7x | 55.2x | 1.8x |
| Sun, 05 Nov 2023 | US$124.8b | US$68.9b | US$1.3b | 15x | 99.1x | 1.8x |
| Tue, 03 Oct 2023 | US$122.5b | US$66.4b | US$1.4b | 16.8x | 89.9x | 1.8x |
| Thu, 31 Aug 2023 | US$136.6b | US$66.5b | US$1.4b | 18.2x | 100.2x | 2.1x |
| Sat, 29 Jul 2023 | US$139.5b | US$64.4b | US$2.0b | 14.5x | 70.8x | 2.2x |
| Mon, 26 Jun 2023 | US$132.7b | US$62.7b | US$1.5b | 13.3x | 87.7x | 2.1x |
| Wed, 24 May 2023 | US$131.7b | US$62.7b | US$1.3b | 13.9x | 100.5x | 2.1x |
| Fri, 21 Apr 2023 | US$130.5b | US$60.0b | -US$330,939,423.00 | 15.1x | -394.3x | 2.2x |
| Sun, 19 Mar 2023 | US$119.3b | US$58.7b | -US$749,339,261.00 | 13.2x | -159.3x | 2x |
| Tue, 14 Feb 2023 | US$128.3b | US$57.6b | -US$315,818,499.00 | 12.5x | -406.3x | 2.2x |
| Thu, 12 Jan 2023 | US$115.7b | US$56.9b | -US$615,474,437.00 | 11.7x | -187.9x | 2x |
| Sat, 10 Dec 2022 | US$111.5b | US$56.9b | -US$620,510,614.00 | 12.2x | -179.7x | 2x |
| Mon, 07 Nov 2022 | US$100.0b | US$56.3b | -US$852,087,073.00 | 13.2x | -117.4x | 1.8x |
| Wed, 05 Oct 2022 | US$100.4b | US$54.5b | US$419.7m | 10.4x | 239.1x | 1.8x |
| Fri, 02 Sep 2022 | US$97.5b | US$54.5b | US$422.5m | 10.4x | 230.8x | 1.8x |
| Sun, 31 Jul 2022 | US$95.6b | US$50.0b | -US$1,048,127,908.00 | 14x | -91.2x | 1.9x |
| Tue, 28 Jun 2022 | US$88.7b | US$50.1b | -US$1,257,083,658.00 | 14x | -70.5x | 1.8x |
| Thu, 26 May 2022 | US$91.1b | US$50.1b | -US$1,041,713,315.00 | 12.1x | -87.4x | 1.8x |
| Sat, 23 Apr 2022 | US$112.8b | US$49.4b | -US$1,843,434,256.00 | 16.6x | -61.2x | 2.3x |
| Mon, 21 Mar 2022 | US$128.7b | US$49.1b | -US$1,872,987,566.00 | 19.3x | -68.7x | 2.6x |
| Wed, 16 Feb 2022 | US$146.2b | US$47.9b | -US$1,865,669,523.00 | 21.9x | -78.3x | 3x |
| Fri, 14 Jan 2022 | US$132.3b | US$44.7b | -US$3,134,990,625.00 | 33.3x | -42.2x | 3x |
| Sun, 12 Dec 2021 | US$138.3b | US$44.7b | -US$3,129,597,248.00 | 31.9x | -44.2x | 3.1x |
| Tue, 09 Nov 2021 | US$160.8b | US$44.1b | -US$3,496,737,242.00 | 32x | -46x | 3.6x |
| Thu, 07 Oct 2021 | US$159.8b | US$39.7b | -US$6,064,750,362.00 | 27.9x | -26.3x | 4x |
| Sat, 04 Sep 2021 | US$154.5b | US$39.7b | -US$6,193,483,050.97 | 23.2x | -24.9x | 3.9x |
| Mon, 02 Aug 2021 | US$136.2b | US$39.7b | -US$6,193,483,050.97 | 21.2x | -22x | 3.4x |
Price to Earnings Ratio
-22x
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 113x which is higher than its 3-year average PE of -8.3x.
- The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
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 30% 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 | -2.42% | |
| Consumer Discretionary | -3.87% | |
| Hospitality | -3.28% | |
| Casinos and Gaming | -2.41% | |
| Leisure Facilities | -1.01% | |
| Restaurants | -2.63% | |
| Hotels, Resorts and Cruise Lines | -4.46% | |
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 | |
|---|---|---|---|---|---|
| GENI Genius Sports | US$6.58 | 15.4% +US$185.6m | -10.4% | PS3.2x | |
| BALY Bally's | US$16.91 | 24.9% +US$136.4m | 5.4% | PS0.3x | |
| SGHC Super Group (SGHC) | US$3.74 | 6.6% +US$115.3m | 24.7% | PE52.3x | |
| MCRI Monarch Casino & Resort | US$76.52 | 10.4% +US$109.6m | 9.2% | PE16.9x | |
| EVRI Everi Holdings | US$9.14 | 12.0% +US$82.4m | -37.9% | PE12.7x |