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U.S. Casinos and Gaming Industry Analysis

UpdatedJun 18, 2026
DataAggregated Company Financials
Companies43
  • 7D-5.1%
  • 3M0.5%
  • 1Y-19.8%
  • YTDn/a

Last week, the Casinos and Gaming industry hasn't moved much but Sharplink is up 3.9% in that time. Unfortunately though, the industry is down 15% over the past 12 months. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 18 Jun 2026US$128.5bUS$94.6bUS$595.4m31.4x215.9x1.4x
Sat, 16 May 2026US$118.1bUS$94.4bUS$742.4m30.4x159x1.3x
Mon, 13 Apr 2026US$119.0bUS$92.8bUS$1.3b22.4x90.5x1.3x
Wed, 11 Mar 2026US$122.8bUS$92.7bUS$1.6b23.2x77.8x1.3x
Fri, 06 Feb 2026US$132.4bUS$90.6bUS$2.3b22.5x56.9x1.5x
Sun, 04 Jan 2026US$161.5bUS$89.6bUS$2.1b26.9x77.1x1.8x
Tue, 02 Dec 2025US$158.9bUS$89.5bUS$2.1b27.1x75.7x1.8x
Thu, 30 Oct 2025US$163.7bUS$91.6bUS$3.9b25.5x42.3x1.8x
Sat, 27 Sep 2025US$179.8bUS$90.9bUS$2.5b27.2x72.3x2x
Mon, 25 Aug 2025US$191.4bUS$90.6bUS$2.5b27.8x77.3x2.1x
Wed, 23 Jul 2025US$188.7bUS$90.6bUS$3.0b25.9x63.3x2.1x
Fri, 20 Jun 2025US$169.3bUS$91.7bUS$3.0b22.5x55.8x1.8x
Sun, 18 May 2025US$162.6bUS$92.2bUS$2.9b23x56.3x1.8x
Tue, 15 Apr 2025US$141.2bUS$86.5bUS$2.7b23.3x51.9x1.6x
Thu, 13 Mar 2025US$155.9bUS$86.8bUS$2.6b24.1x60.4x1.8x
Sat, 08 Feb 2025US$171.1bUS$87.6bUS$1.4b22.3x121.9x2x
Mon, 06 Jan 2025US$168.4bUS$87.5bUS$1.4b23.8x121.7x1.9x
Wed, 04 Dec 2024US$185.9bUS$87.7bUS$1.4b25.1x136.9x2.1x
Fri, 01 Nov 2024US$167.4bUS$89.2bUS$248.1m25x674.6x1.9x
Sun, 29 Sep 2024US$172.7bUS$89.1bUS$410.9m23.4x420.2x1.9x
Tue, 27 Aug 2024US$158.0bUS$89.1bUS$411.5m19.8x383.8x1.8x
Thu, 25 Jul 2024US$158.9bUS$87.2bUS$1.3b15.5x127x1.8x
Sat, 22 Jun 2024US$158.2bUS$87.1bUS$1.3b15.4x125.4x1.8x
Mon, 20 May 2024US$127.0bUS$74.9bUS$2.5b15.2x50.5x1.7x
Wed, 17 Apr 2024US$131.0bUS$73.0bUS$3.2b16.1x41.4x1.8x
Fri, 15 Mar 2024US$134.3bUS$73.1bUS$3.1b14.3x42.9x1.8x
Sun, 11 Feb 2024US$140.5bUS$71.6bUS$2.7b15x52.1x2x
Tue, 09 Jan 2024US$128.5bUS$69.8bUS$2.2b14.4x57.6x1.8x
Thu, 07 Dec 2023US$123.0bUS$69.8bUS$2.2b13.7x55.2x1.8x
Sat, 04 Nov 2023US$124.7bUS$68.9bUS$1.3b15x99.1x1.8x
Mon, 02 Oct 2023US$122.5bUS$66.4bUS$1.4b17x89.9x1.8x
Wed, 30 Aug 2023US$135.6bUS$66.5bUS$1.4b18.3x99.5x2x
Fri, 28 Jul 2023US$141.2bUS$64.3bUS$2.1b14.6x66.6x2.2x
Sun, 25 Jun 2023US$132.7bUS$62.7bUS$1.5b13.3x87.7x2.1x
Price to Earnings Ratio

87.7x


Total Market Cap: US$132.7bTotal 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 115.1x202420252026
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 218x which is higher than its 3-year average PE of 115x.
  • The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Casinos and Gaming industry have declined 27% 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 Market1.98%
Consumer Discretionary0.55%
Hospitality4.63%
Casinos and Gaming-5.10%
Hotels, Resorts and Cruise Lines8.17%
Restaurants5.09%
Leisure Facilities0.79%
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
SBET SharplinkUS$5.363.9%
+US$39.4m		-46.4%PS26.8x
CDRO Codere Online LuxembourgUS$9.993.0%
+US$13.2m		28.2%PE305.4x
MCRI Monarch Casino & ResortUS$127.760.4%
+US$9.6m		51.8%PE20.8x
MGM MGM Resorts InternationalUS$46.940.06%
+US$7.7m		38.3%PE64x
CPHC Canterbury Park HoldingUS$15.870.6%
+US$463.5k		-16.3%PS1.4x

Latest News

CPHC
US$15.87
Canterbury Park Holding
7D
0.6%
1Y
-16.3%
CDRO
US$9.99
Codere Online Luxembourg
7D
3.0%
1Y
28.2%
FLUT
US$101.65
Flutter Entertainment
7D
-10.0%
1Y
-62.7%
SRAD
US$15.03
Sportradar Group
7D
-10.2%
1Y
-40.4%
Seeking Alpha • 17h

Sportradar: Focus On The Fundamentals

Summary Sportradar (SRAD) is rated BUY due to strong operating leverage and customer expansion. Entry into the growing prediction market is a long term growth driver. SRAD's 1Q26 results showed 11% reported revenue growth (16% constant currency), 12% EBITDA growth, and a 38% increase in free cash flow, driven by IMG integration. Management guides for 24% revenue and 35.5% EBITDA growth in FY26, with margin expansion and robust cross-selling synergies from IMG acquisition. Stock trades at 10x forward EV/EBITDA, near a technical bottom. The valuation is supported by a balance sheet with no debt and record high free cash flow levels. Read the full article on Seeking Alpha
LVS
US$48.13
Las Vegas Sands
7D
-5.3%
1Y
15.2%
Analysis Article • 22h

Las Vegas Sands (LVS) Stock Could Be 29% Undervalued Despite Mixed Valuation Signals

Las Vegas Sands (LVS) continues to attract attention after posting annual revenue of US$13.74b and net income of US$1.84b, prompting investors to reassess how the stock’s recent performance lines up with these fundamentals. See our latest analysis for Las Vegas Sands. Despite reporting revenue of US$13.74b and net income of US$1.84b, Las Vegas Sands shares have come under pressure. The 1-day share price return is down 1.61% and the year-to-date share price return is down 24.95%, while the...
DKNG
US$26.32
DraftKings
7D
-8.6%
1Y
-33.5%
Narrative Update • Jun 17

DKNG: Prediction Market Regulation Will Pressure Margins And Future Stock Returns

DraftKings' fair value estimate has been reduced from $24.00 to $20.00 as analysts balance stronger projected revenue growth and ongoing progress in prediction markets against lower assumed profit margins and a slightly higher discount rate. Analyst Commentary Street research on DraftKings stock is mixed, with a clear split between those who see upside tied to prediction markets and core online betting, and bearish analysts who are more focused on execution risks, profitability, and the impact of rising competition.
RRR
US$59.13
Red Rock Resorts
7D
-4.8%
1Y
16.5%
Narrative Update • Jun 16

RRR: Future Repricing Will Reflect Execution Cybersecurity Risk And Capital Returns

Analysts have trimmed their average price target on Red Rock Resorts stock to $70, a reduction of $2, as they factor in updated views from multiple firms while still reflecting generally constructive long term assumptions in their models. Analyst Commentary Recent research on Red Rock Resorts clusters around lower price targets, but the tone of the commentary still reflects a mix of optimism on execution and caution on what is already embedded in the valuation.
BYD
US$83.88
Boyd Gaming
7D
-3.4%
1Y
10.3%
GENI
US$6.20
Genius Sports
7D
-8.8%
1Y
-37.6%
Seeking Alpha • Jun 13

Genius Sports: A Perfect Blend

Summary Genius Sports Limited (GENI) is rated BUY, leveraging exclusive data rights with the NFL and Premier League to drive revenue growth. GENI forecasts 48-50% revenue and 95-105% EBITDA growth for FY26, with EBITDA margins expanding to 28%. The Legend acquisition diversifies revenue via gamification and targeted advertising, despite recent equity dilution and short-term EPS impact. GENI trades at a 43% EV/EBITDA discount to SRAD, despite superior EBITDA growth guidance and strong secular tailwinds in sports betting and prediction markets. Read the full article on Seeking Alpha
MGM
US$46.94
MGM Resorts International
7D
0.06%
1Y
38.3%
WYNN
US$102.31
Wynn Resorts
7D
-2.8%
1Y
17.7%
Narrative Update • Jun 05

WYNN: Al Marjan Launch And Macau Expansion Will Support Future Upside

Wynn Resorts' analyst fair value estimate has shifted slightly from $152.00 to $150.00 as analysts factor in a series of reduced price targets across major firms and adjust assumptions for revenue growth, profit margins, and future P/E expectations. Analyst Commentary Recent Street research around Wynn Resorts has centered on a broad round of price target trims, along with one key list removal at Goldman Sachs.
MCRI
US$127.76
Monarch Casino & Resort
7D
0.4%
1Y
51.8%
SBET
US$5.36
Sharplink
7D
3.9%
1Y
-46.4%