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U.S. Casinos and Gaming Industry Analysis

UpdatedJun 05, 2026
DataAggregated Company Financials
Companies43
  • 7D2.9%
  • 3M2.0%
  • 1Y-15.5%
  • YTDn/a

In the last week, the Casinos and Gaming industry is up 2.9%, with MGM Resorts International up 12%. However, the industry is down 15% over the past 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
Fri, 05 Jun 2026US$123.6bUS$94.6bUS$596.2m31.5x207.4x1.3x
Sun, 03 May 2026US$124.2bUS$93.4bUS$1.4b30.2x90.2x1.3x
Tue, 31 Mar 2026US$117.2bUS$92.8bUS$1.3b22.7x89.3x1.3x
Thu, 26 Feb 2026US$122.9bUS$91.4bUS$2.4b23.7x52.3x1.3x
Sat, 24 Jan 2026US$145.0bUS$89.6bUS$2.1b23.8x69.2x1.6x
Mon, 22 Dec 2025US$163.4bUS$89.5bUS$2.1b27.6x77.9x1.8x
Wed, 19 Nov 2025US$156.3bUS$92.7bUS$2.5b26.5x62.7x1.7x
Fri, 17 Oct 2025US$164.0bUS$90.9bUS$2.5b25x66x1.8x
Sun, 14 Sep 2025US$181.3bUS$90.9bUS$2.5b26.7x72.9x2x
Tue, 12 Aug 2025US$177.6bUS$90.6bUS$2.7b26.6x64.7x2x
Thu, 10 Jul 2025US$184.0bUS$90.6bUS$3.0b26.1x61.8x2x
Sat, 07 Jun 2025US$158.5bUS$91.7bUS$3.0b22.2x52.2x1.7x
Mon, 05 May 2025US$151.5bUS$86.5bUS$2.5b24.4x59.8x1.8x
Wed, 02 Apr 2025US$144.9bUS$86.2bUS$2.6b23.2x55.9x1.7x
Fri, 28 Feb 2025US$172.6bUS$86.4bUS$1.5b22.3x113.5x2x
Sun, 26 Jan 2025US$167.8bUS$87.6bUS$1.4b22.4x121.1x1.9x
Tue, 24 Dec 2024US$172.5bUS$87.7bUS$1.4b23.6x127.4x2x
Thu, 21 Nov 2024US$175.6bUS$87.7bUS$1.4b24.3x129.3x2x
Sat, 19 Oct 2024US$170.5bUS$89.0bUS$411.2m23.6x414.8x1.9x
Mon, 16 Sep 2024US$159.8bUS$89.0bUS$411.0m19.9x388.9x1.8x
Wed, 14 Aug 2024US$145.5bUS$88.3bUS$219.5m19x663x1.6x
Fri, 12 Jul 2024US$156.0bUS$87.2bUS$1.3b16.1x124.6x1.8x
Sun, 09 Jun 2024US$121.7bUS$74.9bUS$2.6b15.1x47.2x1.6x
Tue, 07 May 2024US$125.7bUS$74.7bUS$2.4b15x53.2x1.7x
Thu, 04 Apr 2024US$138.2bUS$73.1bUS$3.2b16.9x43.6x1.9x
Sat, 02 Mar 2024US$138.8bUS$72.8bUS$2.9b14.3x47.4x1.9x
Mon, 29 Jan 2024US$131.8bUS$71.6bUS$2.8b14.4x47.5x1.8x
Wed, 27 Dec 2023US$130.8bUS$69.8bUS$2.2b14.8x58.7x1.9x
Fri, 24 Nov 2023US$129.2bUS$69.8bUS$2.2b14.1x57.6x1.9x
Sun, 22 Oct 2023US$116.3bUS$68.2bUS$1.9b15.8x59.8x1.7x
Tue, 19 Sep 2023US$130.7bUS$66.4bUS$1.4b17.1x95.9x2x
Thu, 17 Aug 2023US$128.7bUS$66.4bUS$1.6b16.7x78.1x1.9x
Sat, 15 Jul 2023US$140.7bUS$62.8bUS$1.5b13.8x92.4x2.2x
Mon, 12 Jun 2023US$138.0bUS$62.7bUS$1.4b13.4x95.2x2.2x
Price to Earnings Ratio

95.2x


Total Market Cap: US$138.0bTotal Earnings: US$1.4bTotal Revenue: US$62.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Casinos and Gaming Industry Price to Earnings3Y Average 113.7x202420252026
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 207x 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 1.3x.
Past Earnings Growth
  • The earnings for companies in the Casinos and Gaming industry have declined 26% 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-0.11%
Consumer Discretionary-4.28%
Hospitality-0.58%
Casinos and Gaming2.88%
Hotels, Resorts and Cruise Lines0.77%
Leisure Facilities-1.35%
Restaurants-3.95%
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
MGM MGM Resorts InternationalUS$47.518.8%
+US$982.5m		49.1%PE64.7x
FLUT Flutter EntertainmentUS$100.493.6%
+US$608.4m		-59.7%PS1x
BYD Boyd GamingUS$87.876.3%
+US$385.8m		18.6%PE3.6x
WYNN Wynn ResortsUS$104.483.2%
+US$333.4m		25.4%PE28.5x
SGHC Super Group (SGHC)US$12.943.9%
+US$249.0m		40.3%PE26.8x

Latest News

BYD
US$87.87
Boyd Gaming
7D
6.3%
1Y
18.6%
MGM
US$47.51
MGM Resorts International
7D
8.8%
1Y
49.1%
RSI
US$26.14
Rush Street Interactive
7D
3.2%
1Y
95.4%
Narrative Update • Jun 04

RSI: Raised 2026 Guidance And Share Actions Will Support Future Returns

Analysts have modestly lifted their price target for Rush Street Interactive to about $30.18 from $29, citing updated assumptions around revenue growth, profit margins, and future P/E expectations. What's in the News Rush Street Interactive completed a US$260 million follow on equity offering of 10,000,000 Class A common shares at US$26 per share, with a stated discount of US$1.04 per share.
SGHC
US$12.94
Super Group (SGHC)
7D
3.9%
1Y
40.3%
Narrative Update • Jun 04

SGHC: Betting Handle Stabilization And Prediction Markets Will Support 2026 Confidence

Analysts have lifted their fair value estimate for Super Group (SGHC) to $18.13 from $17.38, citing updated models that reflect recent Q1 earnings, improving sentiment around betting handle trends, and early traction in prediction markets and market-making. Analyst Commentary Bullish Takeaways Bullish analysts see the higher fair value and the recent price target increase to $17 as aligned with updated Q1 models that now factor in current betting handle trends.
SRAD
US$13.90
Sportradar Group
7D
5.2%
1Y
-42.3%
Narrative Update • Jun 03

SRAD: Official Data And Prediction Markets Will Support 2026 Rebound Potential

Analysts have trimmed Sportradar Group's fair value estimate slightly to $21.22 from $21.38, along with a similar modest adjustment to the discount rate, as a wave of reduced price targets and a downgrade to Neutral reflects a preference for opportunities with clearer near term rerating potential. Analyst Commentary Recent Street research on Sportradar has become more cautious overall, with one major downgrade to Neutral and a broad round of price target cuts across multiple firms.
DKNG
US$24.93
DraftKings
7D
1.8%
1Y
-30.4%
FLUT
US$100.49
Flutter Entertainment
7D
3.6%
1Y
-59.7%
WYNN
US$104.48
Wynn Resorts
7D
3.2%
1Y
25.4%
CHDN
US$86.92
Churchill Downs
7D
-0.3%
1Y
-11.4%
Seeking Alpha • Jun 01

Churchill Downs: The Caesars Buyout Could Present An Opportunity

Summary Churchill Downs Incorporated has reported slowing earnings momentum, as the company hasn't found as many attractive CapEx projects. Fertitta's acquisition of Caesars Entertainment is expected to result in sector M&A, and CHDN is well-positioned to acquire potentially sold casino assets. I estimate CHDN stock to have a fair value of $95.2. Read the full article on Seeking Alpha
RRR
US$57.39
Red Rock Resorts
7D
-1.7%
1Y
14.7%
Narrative Update • Jun 01

RRR: Future Multiple Repricing Will Rely On Execution And Capital Returns

Red Rock Resorts' analyst price target has been modestly reset toward $70, with several firms trimming their targets by $2 to $14 as analysts refresh their models to reflect updated assumptions on discount rates, revenue growth and profit margins. Analyst Commentary Recent research updates around Red Rock Resorts cluster around trimmed price targets, but the tone of the commentary still reflects a mix of optimism on execution and caution on valuation and risk.
LVS
US$50.25
Las Vegas Sands
7D
-0.6%
1Y
24.9%
SBET
US$5.19
Sharplink
7D
-15.1%
1Y
-87.5%
INSE
US$7.47
Inspired Entertainment
7D
-3.0%
1Y
-7.7%
FLL
US$2.45
Full House Resorts
7D
-2.0%
1Y
-22.2%
Narrative Update • May 16

FLL: Strong Waukegan Performance Will Underpin Future Upside Despite Chamonix Ramp Challenges

Analysts recently trimmed their price target on Full House Resorts stock to $4 from $5, citing a slower than hoped ramp at Chamonix, even as the temporary Waukegan casino continues to perform strongly. Analyst Commentary Recent research reflects a more cautious stance on Full House Resorts, with the price target adjusted to US$4 from US$5.
BALY
US$13.51
Bally's
7D
-4.7%
1Y
38.6%
MSC
US$2.27
Studio City International Holdings
7D
-3.0%
1Y
-17.5%