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U.S. Casinos and Gaming Industry Analysis

UpdatedJun 18, 2024
DataAggregated Company Financials
Companies41
  • 7D1.1%
  • 3M-6.5%
  • 1Y-7.4%
  • YTDn/a

Over the last 7 days, the Casinos and Gaming industry has dropped 1.4%, driven by a pullback from Wynn Resorts of 4.4%. In contrast, DraftKings has gained 10%. However, the industry is down 9.4% over the past year. Looking forward, earnings are forecast to grow by 26% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Jun 2024US$120.2bUS$74.9bUS$2.6b15.4x46.6x1.6x
Thu, 16 May 2024US$125.6bUS$74.9bUS$2.5b15.2x49.8x1.7x
Sat, 13 Apr 2024US$135.2bUS$73.1bUS$3.2b16.1x42.8x1.9x
Mon, 11 Mar 2024US$133.1bUS$73.0bUS$3.1b14.2x43.2x1.8x
Wed, 07 Feb 2024US$135.0bUS$71.6bUS$2.8b14.6x48.6x1.9x
Fri, 05 Jan 2024US$128.1bUS$69.8bUS$2.2b14.2x57.5x1.8x
Sun, 03 Dec 2023US$128.3bUS$69.8bUS$2.2b14.2x57.5x1.8x
Tue, 31 Oct 2023US$116.2bUS$68.4bUS$1.9b15.4x60.3x1.7x
Thu, 28 Sep 2023US$121.9bUS$66.4bUS$1.4b16.6x89.5x1.8x
Sat, 26 Aug 2023US$131.9bUS$66.5bUS$1.4b17.7x96.8x2x
Mon, 24 Jul 2023US$139.3bUS$64.3bUS$2.1b14.8x65.6x2.2x
Wed, 21 Jun 2023US$138.0bUS$62.7bUS$1.5b13.5x91.2x2.2x
Fri, 19 May 2023US$138.2bUS$62.7bUS$1.3b14x102.9x2.2x
Sun, 16 Apr 2023US$126.3bUS$58.8b-US$853,876,186.0015x-147.9x2.1x
Tue, 14 Mar 2023US$120.3bUS$58.7b-US$708,700,120.0012.7x-169.7x2x
Thu, 09 Feb 2023US$129.0bUS$57.1b-US$506,895,720.0012.6x-254.4x2.3x
Sat, 07 Jan 2023US$111.8bUS$56.9b-US$618,096,377.0011.7x-180.9x2x
Mon, 05 Dec 2022US$114.8bUS$56.8b-US$621,725,059.0012.5x-184.7x2x
Wed, 02 Nov 2022US$104.6bUS$54.7bUS$677.1m11.7x154.5x1.9x
Fri, 30 Sep 2022US$91.7bUS$54.5bUS$418.7m9.5x219.1x1.7x
Sun, 28 Aug 2022US$101.9bUS$54.5bUS$423.8m11.1x240.4x1.9x
Tue, 26 Jul 2022US$94.6bUS$49.9b-US$1,312,179,666.0013.5x-72.1x1.9x
Thu, 23 Jun 2022US$82.9bUS$50.1b-US$1,257,059,265.0012.3x-66x1.7x
Sat, 21 May 2022US$95.7bUS$50.1b-US$1,041,151,746.0013.8x-91.9x1.9x
Mon, 18 Apr 2022US$117.8bUS$49.3b-US$1,852,703,624.0018.5x-63.6x2.4x
Wed, 16 Mar 2022US$114.3bUS$49.1b-US$1,875,352,939.0018.1x-60.9x2.3x
Fri, 11 Feb 2022US$146.4bUS$48.2b-US$1,856,424,107.0022.2x-78.9x3x
Sun, 09 Jan 2022US$137.4bUS$44.7b-US$3,135,151,925.0033.9x-43.8x3.1x
Tue, 07 Dec 2021US$137.6bUS$44.6b-US$3,131,537,691.0031.8x-44x3.1x
Thu, 04 Nov 2021US$165.9bUS$41.8b-US$5,192,970,000.0029.1x-31.9x4x
Sat, 02 Oct 2021US$165.3bUS$40.2b-US$6,093,380,854.0027.9x-27.1x4.1x
Mon, 30 Aug 2021US$152.8bUS$39.7b-US$6,193,483,050.9723.1x-24.7x3.9x
Tue, 06 Jul 2021US$158.3bUS$39.7b-US$6,193,483,050.9725x-25.6x4x
Price to Earnings Ratio

-25.6x


Total Market Cap: US$158.3bTotal Earnings: -US$6,193,483,050.97Total Revenue: US$39.7bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Casinos and Gaming Industry Price to Earnings3Y Average -13.3x202220232024
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 46.6x which is higher than its 3-year average PE of -13.3x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.6x.
Past Earnings Growth
  • Total earnings for the Casinos and Gaming industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 24% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

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

US Market1.61%
Consumer Discretionary-0.17%
Hospitality1.14%
Casinos and Gaming1.11%
Restaurants3.43%
Leisure Facilities-0.36%
Hotels, Resorts and Cruise Lines-1.07%
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$41.9510.2%
+US$1.9b
71.2%PS5x
CHDN Churchill DownsUS$139.854.0%
+US$392.5m
2.5%PE30.1x
BYD Boyd GamingUS$54.463.9%
+US$195.4m
-19.9%PE9.3x
PENN PENN EntertainmentUS$18.527.4%
+US$189.8m
-25.4%PS0.4x
RRR Red Rock ResortsUS$52.493.6%
+US$106.9m
10.8%PE17.8x
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Latest News

DKNG

US$41.95

DraftKings

7D

10.2%

1Y

71.2%

LNW

US$93.75

Light & Wonder

7D

-3.2%

1Y

44.3%

BYD

US$54.46

Boyd Gaming

7D

3.9%

1Y

-19.9%

CZR

US$36.12

Caesars Entertainment

7D

-0.7%

1Y

-26.0%

MSC

US$7.25

Studio City International Holdings

7D

4.0%

1Y

12.6%

WYNN

US$88.78

Wynn Resorts

7D

-4.4%

1Y

-14.4%

BALY

US$11.16

Bally's

7D

-7.2%

1Y

-25.8%