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U.S. Casinos and Gaming Industry Analysis

UpdatedJun 12, 2026
DataAggregated Company Financials
Companies43
  • 7D5.1%
  • 3M6.8%
  • 1Y-16.4%
  • YTDn/a

In the last week, the Casinos and Gaming industry is up 5.1%, with DraftKings up 18%. In the past year, the industry is down 16%. 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
Fri, 12 Jun 2026US$130.7bUS$94.6bUS$596.0m33x219.3x1.4x
Sun, 10 May 2026US$123.6bUS$94.4bUS$1.3b30.6x92.3x1.3x
Tue, 07 Apr 2026US$122.5bUS$92.8bUS$1.3b23.5x93.3x1.3x
Thu, 05 Mar 2026US$124.6bUS$92.6bUS$2.3b24.3x54.1x1.3x
Sat, 31 Jan 2026US$135.4bUS$90.3bUS$2.2b21.7x62.4x1.5x
Mon, 29 Dec 2025US$163.1bUS$89.6bUS$2.1b27.4x77.8x1.8x
Wed, 26 Nov 2025US$157.7bUS$92.7bUS$2.5b25.7x63.2x1.7x
Fri, 24 Oct 2025US$164.6bUS$91.6bUS$2.6b25.2x63.1x1.8x
Sun, 21 Sep 2025US$181.8bUS$90.9bUS$2.5b26.5x73.1x2x
Tue, 19 Aug 2025US$184.8bUS$90.6bUS$2.5b26.8x74.7x2x
Thu, 17 Jul 2025US$187.4bUS$90.6bUS$3.0b25.5x63x2.1x
Sat, 14 Jun 2025US$167.3bUS$91.7bUS$3.0b22.1x55.1x1.8x
Mon, 12 May 2025US$155.0bUS$89.2bUS$3.5b22.7x44.3x1.7x
Wed, 09 Apr 2025US$133.8bUS$86.4bUS$2.7b21.9x49.3x1.5x
Fri, 07 Mar 2025US$170.5bUS$87.0bUS$2.5b24.7x68.2x2x
Sun, 02 Feb 2025US$172.9bUS$87.5bUS$1.3b23x130.3x2x
Tue, 31 Dec 2024US$171.1bUS$87.6bUS$1.4b24x123.6x2x
Thu, 28 Nov 2024US$181.1bUS$87.8bUS$1.4b24.8x133.3x2.1x
Sat, 26 Oct 2024US$170.4bUS$89.0bUS$307.9m24.6x553.3x1.9x
Mon, 23 Sep 2024US$165.0bUS$89.1bUS$411.0m20.4x401.4x1.9x
Wed, 21 Aug 2024US$155.8bUS$89.0bUS$428.2m19.2x363.9x1.7x
Fri, 19 Jul 2024US$161.5bUS$87.2bUS$1.3b15.9x129.1x1.9x
Sun, 16 Jun 2024US$120.2bUS$74.9bUS$2.6b15.1x46.6x1.6x
Tue, 14 May 2024US$124.4bUS$74.8bUS$2.5b15.6x50.5x1.7x
Thu, 11 Apr 2024US$137.9bUS$73.1bUS$3.2b16.5x43.6x1.9x
Sat, 09 Mar 2024US$133.2bUS$73.0bUS$3.1b14.2x43.3x1.8x
Mon, 05 Feb 2024US$133.9bUS$71.6bUS$2.8b14.6x48.2x1.9x
Wed, 03 Jan 2024US$131.9bUS$69.8bUS$2.2b14.8x59.1x1.9x
Fri, 01 Dec 2023US$125.2bUS$69.8bUS$2.2b13.7x56.1x1.8x
Sun, 29 Oct 2023US$114.6bUS$68.4bUS$1.9b15.2x59.5x1.7x
Tue, 26 Sep 2023US$120.6bUS$66.4bUS$1.4b16.7x88.5x1.8x
Thu, 24 Aug 2023US$133.5bUS$66.5bUS$1.4b17.6x98x2x
Sat, 22 Jul 2023US$139.3bUS$64.3bUS$2.1b14.8x65.6x2.2x
Mon, 19 Jun 2023US$136.8bUS$62.7bUS$1.5b13.7x90.3x2.2x
Price to Earnings Ratio

90.3x


Total Market Cap: US$136.8bTotal 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 114.4x202420252026
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 114x.
  • 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 Market-2.36%
Consumer Discretionary-1.23%
Hospitality2.34%
Casinos and Gaming5.09%
Leisure Facilities4.83%
Restaurants4.56%
Hotels, Resorts and Cruise Lines-0.27%
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$30.0218.3%
+US$2.3b		-21.0%PE254x
FLUT Flutter EntertainmentUS$110.809.9%
+US$1.7b		-59.2%PS1.1x
SRAD Sportradar GroupUS$16.9619.2%
+US$851.1m		-33.0%PE65.4x
WYNN Wynn ResortsUS$107.754.0%
+US$424.4m		23.8%PE29.4x
SGHC Super Group (SGHC)US$13.826.0%
+US$396.3m		43.7%PE28.7x

Latest News

MGM
US$47.22
MGM Resorts International
7D
-1.5%
1Y
42.5%
SGHC
US$13.82
Super Group (SGHC)
7D
6.0%
1Y
43.7%
DKNG
US$30.02
DraftKings
7D
18.3%
1Y
-21.0%
Seeking Alpha • Jun 11

DraftKings: Prediction Market Potential Is Becoming Clearer

Summary DraftKings Inc. disclosed strong 24% May month-over-month volume growth to $1.3 billion in the company's prediction market platform. The platform is gaining scale but remains small for now. DraftKings Predictions' volume is still tens of times smaller than Kalshi's or Polymarket's. DKNG's platform should see significant further growth through a marketing ramp-up and platform improvements; the platform launch is still early. I estimate DKNG stock to have 35% upside to $37.3. Read the full article on Seeking Alpha
PENN
US$21.21
PENN Entertainment
7D
8.0%
1Y
28.7%
FLUT
US$110.80
Flutter Entertainment
7D
9.9%
1Y
-59.2%
MLCO
US$5.56
Melco Resorts & Entertainment
7D
-4.5%
1Y
-11.9%
SRAD
US$16.96
Sportradar Group
7D
19.2%
1Y
-33.0%
CDRO
US$9.60
Codere Online Luxembourg
7D
-0.5%
1Y
28.3%
RSI
US$29.31
Rush Street Interactive
7D
11.7%
1Y
112.1%
RRR
US$62.32
Red Rock Resorts
7D
9.9%
1Y
27.7%
BYD
US$86.55
Boyd Gaming
7D
-2.1%
1Y
14.9%
LVS
US$50.61
Las Vegas Sands
7D
-0.2%
1Y
20.8%
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$1.53
Sports Entertainment Gaming Global
7D
-13.1%
1Y
-87.4%
WYNN
US$107.75
Wynn Resorts
7D
4.0%
1Y
23.8%
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$5.43
Sharplink
7D
-5.1%
1Y
-83.3%