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U.S. Casinos and Gaming Industry Analysis

UpdatedApr 29, 2026
DataAggregated Company Financials
Companies42
  • 7D-1.4%
  • 3M-10.6%
  • 1Y-9.1%
  • YTDn/a

Over the last 7 days, the Casinos and Gaming industry has dropped 1.4%, driven by Las Vegas Sands declining 5.7%. Meanwhile, Churchill Downs actually outperformed within the industry, gaining 9.6% in the last week. The industry has fallen 9.1% in the last year. 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
Thu, 30 Apr 2026US$126.2bUS$93.6bUS$1.4b28.9x91.8x1.3x
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
Sun, 07 May 2023US$132.2bUS$62.5bUS$1.1b13.5x118.8x2.1x
Price to Earnings Ratio

118.8x


Total Market Cap: US$132.2bTotal Earnings: US$1.1bTotal Revenue: US$62.5bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Casinos and Gaming Industry Price to Earnings3Y Average 111.1x202420252026
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 91.8x which is lower than its 3-year average PE of 111x.
  • 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 7.2% 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 Market-0.028%
Consumer Discretionary-0.70%
Hospitality-3.92%
Casinos and Gaming-1.43%
Restaurants-4.04%
Leisure Facilities-4.07%
Hotels, Resorts and Cruise Lines-4.67%
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
RSI Rush Street InteractiveUS$27.9821.1%
+US$519.7m		130.7%PE77.9x
DKNG DraftKingsUS$23.144.4%
+US$480.9m		-30.4%PE3092x
SGHC Super Group (SGHC)US$12.794.5%
+US$279.4m		57.5%PE29.9x
CHDN Churchill DownsUS$101.153.3%
+US$225.8m		11.2%PE18.2x
FLUT Flutter EntertainmentUS$107.600.9%
+US$169.0m		-55.4%PS1.1x

Latest News

SBET
US$7.00
Sharplink
7D
-5.8%
1Y
101.1%
PENN
US$17.82
PENN Entertainment
7D
3.2%
1Y
14.7%
SRAD
US$12.62
Sportradar Group
7D
-2.2%
1Y
-46.2%
MCRI
US$119.34
Monarch Casino & Resort
7D
2.3%
1Y
52.6%
CZR
US$27.38
Caesars Entertainment
7D
-0.4%
1Y
1.2%
RSI
US$27.98
Rush Street Interactive
7D
21.1%
1Y
130.7%
FLUT
US$107.60
Flutter Entertainment
7D
0.9%
1Y
-55.4%
SGHC
US$12.79
Super Group (SGHC)
7D
4.5%
1Y
57.5%
MLCO
US$5.50
Melco Resorts & Entertainment
7D
-8.2%
1Y
6.8%
MSC
US$2.42
Studio City International Holdings
7D
-9.0%
1Y
-17.7%
LVS
US$53.72
Las Vegas Sands
7D
-5.5%
1Y
46.5%

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.
DKNG
US$23.14
DraftKings
7D
4.4%
1Y
-30.4%

DKNG: Prediction Market Expansion Into All 50 States Will Drive Repricing

DraftKings' updated analyst price target edges down from about $55.65 to $54.68, as analysts factor in slightly higher discount rates, a more moderate profit margin outlook, and continued investment in prediction markets that now assume a future P/E of about 27x. Analyst Commentary Street research on DraftKings has shifted toward more cautious assumptions, but a group of bullish analysts still see room for upside, particularly as the company leans into prediction markets and broadens its product set.
WYNN
US$104.24
Wynn Resorts
7D
-1.3%
1Y
30.2%

Wynn Resorts: Betting On UAE

Apr 24
CHDN
US$101.15
Churchill Downs
7D
3.3%
1Y
11.2%
GENI
US$4.25
Genius Sports
7D
-5.6%
1Y
-60.6%

GENI: Official Data Rights Will Drive Future Prediction Market And Advertising Demand

Genius Sports' updated analyst price target edges lower by about $0.50 to reflect slightly higher discount rates, a modestly reduced fair value estimate, and analyst views that softer profit margin assumptions offset relatively steady growth expectations and supportive data rights tailwinds highlighted in recent CFTC related research. Analyst Commentary Recent research on Genius Sports clusters around two themes, lower price targets across much of the analyst coverage and growing interest in the company’s official data rights and prediction market exposure following the recent CFTC staff letter.
BRSL
US$12.94
Brightstar Lottery
7D
2.4%
1Y
-21.1%

BRSL: Long Dated Contracts And Capital Returns Will Shape A Cautious Outlook

Analysts have trimmed their Brightstar Lottery price targets by $1, reflecting updated assumptions around slightly higher revenue expectations, a lower projected profit margin, and a higher future P/E multiple. Analyst Commentary Recent Street research around Brightstar Lottery reflects a more cautious tone, with bearish analysts trimming price targets and reassessing how much they are willing to pay for the stock relative to earnings and execution risks.