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U.S. Casinos and Gaming Industry Analysis

UpdatedJun 15, 2026
DataAggregated Company Financials
Companies43
  • 7D4.6%
  • 3M6.6%
  • 1Y-13.5%
  • YTDn/a

Over the last 7 days, the Casinos and Gaming industry has risen 5.8%, driven by gains in DraftKings and Flutter Entertainment of 16% and 10%, respectively. In the past year, the industry is down 11%. Looking forward, 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
Mon, 15 Jun 2026US$130.7bUS$94.6bUS$595.9m32.6x219.3x1.4x
Wed, 13 May 2026US$119.9bUS$94.5bUS$681.9m26.8x175.8x1.3x
Fri, 10 Apr 2026US$123.2bUS$92.8bUS$1.3b23.2x93.7x1.3x
Sun, 08 Mar 2026US$123.0bUS$92.7bUS$2.3b22.7x53.2x1.3x
Tue, 03 Feb 2026US$133.0bUS$90.3bUS$2.2b22.4x61.3x1.5x
Thu, 01 Jan 2026US$161.7bUS$89.6bUS$2.1b27.2x77.1x1.8x
Sat, 29 Nov 2025US$158.7bUS$89.5bUS$2.1b26.7x75.6x1.8x
Mon, 27 Oct 2025US$166.4bUS$91.6bUS$3.9b25.1x42.5x1.8x
Wed, 24 Sep 2025US$181.9bUS$90.9bUS$2.5b26.9x73.1x2x
Fri, 22 Aug 2025US$185.6bUS$90.6bUS$2.5b27.1x75x2x
Sun, 20 Jul 2025US$185.7bUS$90.6bUS$3.0b25.4x62.3x2x
Tue, 17 Jun 2025US$162.3bUS$91.7bUS$3.0b22.8x53.4x1.8x
Thu, 15 May 2025US$162.6bUS$92.2bUS$2.9b23.2x56.3x1.8x
Sat, 12 Apr 2025US$140.4bUS$86.5bUS$2.7b23.1x51.6x1.6x
Mon, 10 Mar 2025US$161.3bUS$86.7bUS$2.6b22.3x62.4x1.9x
Wed, 05 Feb 2025US$170.7bUS$87.5bUS$1.3b22.3x128.7x1.9x
Fri, 03 Jan 2025US$169.9bUS$87.5bUS$1.4b23.5x122.8x1.9x
Sun, 01 Dec 2024US$183.3bUS$87.8bUS$1.4b25.4x134.7x2.1x
Tue, 29 Oct 2024US$170.0bUS$89.0bUS$307.9m24.6x552.1x1.9x
Thu, 26 Sep 2024US$163.6bUS$89.0bUS$410.9m20.5x398.2x1.8x
Sat, 24 Aug 2024US$156.2bUS$89.1bUS$411.6m19.8x379.6x1.8x
Mon, 22 Jul 2024US$155.8bUS$87.2bUS$1.3b15.9x124.5x1.8x
Wed, 19 Jun 2024US$123.4bUS$74.9bUS$2.6b15.4x47.9x1.6x
Fri, 17 May 2024US$126.8bUS$74.9bUS$2.5b15.1x50.3x1.7x
Sun, 14 Apr 2024US$135.2bUS$73.1bUS$3.2b16.1x42.8x1.9x
Tue, 12 Mar 2024US$133.5bUS$73.0bUS$3.1b14.1x43.4x1.8x
Thu, 08 Feb 2024US$135.1bUS$71.6bUS$2.8b14.6x48.7x1.9x
Sat, 06 Jan 2024US$127.9bUS$69.8bUS$2.2b14.2x57.4x1.8x
Mon, 04 Dec 2023US$128.3bUS$69.8bUS$2.2b14.2x57.5x1.8x
Wed, 01 Nov 2023US$116.2bUS$68.4bUS$1.8b15.3x66.2x1.7x
Fri, 29 Sep 2023US$121.7bUS$66.4bUS$1.4b17x89.4x1.8x
Sun, 27 Aug 2023US$131.9bUS$66.5bUS$1.4b17.7x96.8x2x
Tue, 25 Jul 2023US$138.9bUS$64.2bUS$2.1b14.7x65.5x2.2x
Thu, 22 Jun 2023US$137.4bUS$62.7bUS$1.5b13.2x90.6x2.2x
Price to Earnings Ratio

90.6x


Total Market Cap: US$137.4bTotal 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 114.7x202420252026
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 219x 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 Market0.50%
Consumer Discretionary-0.13%
Hospitality3.88%
Casinos and Gaming4.58%
Restaurants5.56%
Hotels, Resorts and Cruise Lines2.53%
Leisure Facilities1.49%
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
DKNG DraftKingsUS$29.0017.0%
+US$2.1b		-23.4%PE245.3x
FLUT Flutter EntertainmentUS$110.655.4%
+US$988.0m		-59.0%PS1.1x
MGM MGM Resorts InternationalUS$48.973.6%
+US$437.5m		42.8%PE66.7x
RSI Rush Street InteractiveUS$29.6013.2%
+US$360.2m		114.6%PE83.2x
PENN PENN EntertainmentUS$21.6813.1%
+US$319.1m		31.5%PS0.4x

Latest News

SGHC
US$13.48
Super Group (SGHC)
7D
4.7%
1Y
36.6%
DKNG
US$29.00
DraftKings
7D
17.0%
1Y
-23.4%
FLUT
US$110.65
Flutter Entertainment
7D
5.4%
1Y
-59.0%
Narrative Update • Jun 13

FLUT: Prediction Markets And World Cup Catalyst Will Support Post 2026 Sentiment Reset

Analysts have lifted their blended price target for Flutter Entertainment to $168 from $161, reflecting updated views around higher marketing spend tied to events like the World Cup and the potential for prediction markets to widen the company’s addressable customer base, even as some firms flag downside risks and have trimmed targets or ratings. Analyst Commentary Recent Street research around Flutter Entertainment is split, with some firms highlighting upside tied to marketing and new products, while others focus on execution risks and uncertainty around prediction markets.
RRR
US$63.11
Red Rock Resorts
7D
8.6%
1Y
26.4%
MGM
US$48.97
MGM Resorts International
7D
3.6%
1Y
42.8%
ROLR
US$6.35
High Roller Technologies
7D
-2.5%
1Y
154.0%
PENN
US$21.68
PENN Entertainment
7D
13.1%
1Y
31.5%
MLCO
US$5.50
Melco Resorts & Entertainment
7D
-7.6%
1Y
-14.9%
RSI
US$29.60
Rush Street Interactive
7D
13.2%
1Y
114.6%
LVS
US$50.67
Las Vegas Sands
7D
-0.2%
1Y
18.4%
Narrative Update • Jun 08

LVS: Future Returns Will Lean On Macau Recovery And Ongoing Share Repurchases

Analysts have trimmed their average price target on Las Vegas Sands by about $0.47 to $69.09. This reflects a mix of recent target cuts and modest increases as they factor in slightly adjusted discount rates, revenue expectations, profit margins and future P/E assumptions.
SEGG
US$1.21
Sports Entertainment Gaming Global
7D
-27.5%
1Y
-89.0%
WYNN
US$107.27
Wynn Resorts
7D
2.3%
1Y
21.1%
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.
SBET
US$5.51
Sharplink
7D
-0.2%
1Y
-58.9%
MSC
US$2.31
Studio City International Holdings
7D
-1.3%
1Y
-16.0%