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U.S. Casinos and Gaming Industry Analysis

UpdatedMay 05, 2026
DataAggregated Company Financials
Companies40
  • 7D-3.1%
  • 3M-6.7%
  • 1Y-13.0%
  • YTDn/a

Over the last 7 days, the Casinos and Gaming industry has dropped 3.1%, driven by a pullback from Las Vegas Sands of 4.8%. In contrast, Rush Street Interactive has gained 14%. The industry has fallen 13% in the last year. Looking forward, earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 05 May 2026US$124.1bUS$93.4bUS$1.4b30.2x90.2x1.3x
Thu, 02 Apr 2026US$120.8bUS$92.8bUS$1.3b23.9x92x1.3x
Sat, 28 Feb 2026US$127.2bUS$92.4bUS$2.2b23.4x57x1.4x
Mon, 26 Jan 2026US$142.4bUS$89.6bUS$2.1b23.8x67.9x1.6x
Wed, 24 Dec 2025US$164.1bUS$89.6bUS$2.1b27.5x78.2x1.8x
Fri, 21 Nov 2025US$155.6bUS$92.7bUS$2.5b25.4x62.4x1.7x
Sun, 19 Oct 2025US$161.4bUS$90.9bUS$2.5b24.6x64.9x1.8x
Tue, 16 Sep 2025US$181.6bUS$90.9bUS$2.5b26.7x73x2x
Thu, 14 Aug 2025US$181.4bUS$90.6bUS$2.6b27.3x70.4x2x
Sat, 12 Jul 2025US$186.1bUS$90.6bUS$3.0b26.3x62.5x2.1x
Mon, 09 Jun 2025US$161.8bUS$91.7bUS$3.0b22.2x53.3x1.8x
Wed, 07 May 2025US$151.8bUS$86.7bUS$2.6b23x59.1x1.7x
Fri, 04 Apr 2025US$149.2bUS$86.3bUS$2.6b22.3x57.5x1.7x
Sun, 02 Mar 2025US$174.1bUS$86.4bUS$1.5b24.4x114.9x2x
Tue, 28 Jan 2025US$169.7bUS$87.6bUS$1.4b22.4x122.5x1.9x
Thu, 26 Dec 2024US$171.3bUS$87.7bUS$1.4b23.8x126.6x2x
Sat, 23 Nov 2024US$178.1bUS$87.7bUS$1.4b24.2x131.1x2x
Mon, 21 Oct 2024US$170.7bUS$89.0bUS$411.2m23.6x415.1x1.9x
Wed, 18 Sep 2024US$160.5bUS$89.0bUS$411.0m20.4x390.6x1.8x
Fri, 16 Aug 2024US$150.9bUS$89.0bUS$425.1m19.2x355x1.7x
Sun, 14 Jul 2024US$162.2bUS$87.2bUS$1.3b16.2x129.6x1.9x
Tue, 11 Jun 2024US$121.9bUS$74.9bUS$2.6b15.1x47.3x1.6x
Thu, 09 May 2024US$125.6bUS$74.8bUS$2.4b15.5x52.7x1.7x
Sat, 06 Apr 2024US$136.0bUS$73.1bUS$3.2b16.6x43x1.9x
Mon, 04 Mar 2024US$136.0bUS$72.9bUS$3.0b14.2x45.4x1.9x
Wed, 31 Jan 2024US$133.4bUS$71.6bUS$2.8b14.4x48x1.9x
Fri, 29 Dec 2023US$130.9bUS$69.9bUS$2.2b14.9x58.7x1.9x
Sun, 26 Nov 2023US$129.9bUS$69.8bUS$2.2b14.1x58.3x1.9x
Tue, 24 Oct 2023US$117.6bUS$68.2bUS$1.9b15.9x60.5x1.7x
Thu, 21 Sep 2023US$128.4bUS$66.4bUS$1.4b17.2x94.3x1.9x
Sat, 19 Aug 2023US$127.0bUS$66.5bUS$1.4b16.7x94x1.9x
Mon, 17 Jul 2023US$140.7bUS$62.8bUS$1.5b13.8x92.3x2.2x
Wed, 14 Jun 2023US$140.8bUS$62.7bUS$1.5b13.7x97x2.2x
Fri, 12 May 2023US$137.0bUS$62.8bUS$1.3b13.7x102.7x2.2x
Price to Earnings Ratio

102.7x


Total Market Cap: US$137.0bTotal Earnings: US$1.3bTotal Revenue: US$62.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Casinos and Gaming Industry Price to Earnings3Y Average 111.8x202420252026
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 90.2x which is lower than its 3-year average PE of 112x.
  • 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 remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 14% 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 and as a result, profits have held steady.

Industry Comparison

How does U.S. Casinos and Gaming compare with similar industries?

US Market0.58%
Consumer Discretionary1.15%
Hospitality-1.51%
Casinos and Gaming-3.15%
Leisure Facilities-0.056%
Hotels, Resorts and Cruise Lines-1.10%
Restaurants-1.35%
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$27.7514.3%
+US$360.3m		134.8%PE77.7x
SGHC Super Group (SGHC)US$12.883.2%
+US$203.2m		46.2%PE30.2x
SBET SharplinkUS$7.575.4%
+US$76.9m		53.9%PS53.2x
DKNG DraftKingsUS$23.570.2%
+US$19.8m		-30.9%PE3149.5x
GENI Genius SportsUS$4.501.8%
+US$19.7m		-59.1%PS1.7x

Latest News

GENI
US$4.50
Genius Sports
7D
1.8%
1Y
-59.1%
CHDN
US$91.70
Churchill Downs
7D
-8.7%
1Y
1.1%
SGHC
US$12.88
Super Group (SGHC)
7D
3.2%
1Y
46.2%

SGHC: 2026 Dividend Plan Will Anchor Confidence Despite Short Seller Pressure

Analysts have nudged their price target on Super Group (SGHC) to $18 from $17, supported by FY25 results that came in ahead of expectations and a view that there is room for results to exceed baseline assumptions into 2026. Analyst Commentary Recent research updates around Super Group (SGHC) focus on how the latest FY25 results and upcoming investor interactions could influence views on execution and valuation through 2026.
WYNN
US$103.44
Wynn Resorts
7D
-2.0%
1Y
24.7%

WYNN: Free Cash Flow Shift And Al Marjan Opening Will Support Upside

The analyst price target for Wynn Resorts has shifted from about $160 to $152, as analysts update their models to reflect revised discount rates and P/E assumptions while still indicating steady expectations for revenue growth and margins. Analyst Commentary Recent research updates on Wynn Resorts have been mixed, but there are still clear pockets of optimism that focus on execution, cash flow, and the company’s ability to support its valuation over time.
RRR
US$51.68
Red Rock Resorts
7D
-5.1%
1Y
18.3%
RSI
US$27.75
Rush Street Interactive
7D
14.3%
1Y
134.8%

RSI: Raised 2026 Guidance And Completed Buyback Will Support Future Returns

Analysts have raised their price target on Rush Street Interactive from $25 to $29. This reflects updated assumptions that include higher revenue growth, a stronger profit margin profile and a lower future P/E multiple.
MGM
US$38.24
MGM Resorts International
7D
-5.7%
1Y
19.2%

MGM: Future Buybacks And New Las Vegas Packages Will Support Upside

The analyst price target for MGM Resorts International has moved higher by about $1 to roughly $44, as analysts factor in updated expectations for revenue growth, profit margins, and future P/E following a mix of recent target hikes and trims across major firms. Analyst Commentary Recent Street research on MGM Resorts International reflects a mix of optimism and caution, with several firms adjusting price targets and at least one rating change to a more neutral stance.
CDRO
US$9.06
Codere Online Luxembourg
7D
1.8%
1Y
11.4%
BYD
US$82.89
Boyd Gaming
7D
-5.3%
1Y
18.3%

BYD: Execution And Capital Returns Will Balance Mixed Views On Future Repricing

Analysts have adjusted their average fair value estimate for Boyd Gaming, reducing it by about $0.87 to $93.93. This change reflects a combination of modest price target cuts and increases as they reassess near term catalysts, margin assumptions, and the appropriate P/E multiple.
DKNG
US$23.57
DraftKings
7D
0.2%
1Y
-30.9%

DraftKings: A Gem That Has Lost Its Luster

Apr 30
SBET
US$7.57
Sharplink
7D
5.4%
1Y
53.9%
SRAD
US$13.02
Sportradar Group
7D
-6.5%
1Y
-45.2%
FLUT
US$104.45
Flutter Entertainment
7D
-5.8%
1Y
-58.1%
MSC
US$2.60
Studio City International Holdings
7D
3.2%
1Y
-4.4%
LVS
US$51.86
Las Vegas Sands
7D
-4.8%
1Y
35.4%

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.
SEGG
US$1.26
Sports Entertainment Gaming Global
7D
35.0%
1Y
-85.8%