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U.S. Casinos and Gaming Industry Analysis

UpdatedNov 14, 2025
DataAggregated Company Financials
Companies45
  • 7D-2.6%
  • 3M-13.5%
  • 1Y-4.4%
  • YTDn/a

Over the last 7 days, the Casinos and Gaming industry has dropped 2.6%, driven by Flutter Entertainment declining 14%. However, the industry is down 4.4% over the past year. As for the next few years, earnings are expected to grow by 35% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 18 Nov 2025US$167.9bUS$92.7bUS$2.4b27x70.3x1.8x
Thu, 16 Oct 2025US$163.0bUS$90.9bUS$2.5b24.7x65.6x1.8x
Sat, 13 Sep 2025US$185.8bUS$90.9bUS$2.5b26.7x74.7x2x
Mon, 11 Aug 2025US$177.2bUS$90.6bUS$2.7b26.4x64.6x2x
Wed, 09 Jul 2025US$181.2bUS$90.6bUS$3.0b25.8x60.9x2x
Fri, 06 Jun 2025US$160.3bUS$91.7bUS$3.0b22x52.8x1.7x
Sun, 04 May 2025US$151.5bUS$86.5bUS$2.5b24.4x59.8x1.8x
Tue, 01 Apr 2025US$147.5bUS$86.2bUS$2.6b22.9x56.9x1.7x
Thu, 27 Feb 2025US$169.2bUS$86.1bUS$1.3b22.8x130.9x2x
Sat, 25 Jan 2025US$169.4bUS$87.6bUS$1.4b22.4x122.3x1.9x
Mon, 23 Dec 2024US$172.5bUS$87.7bUS$1.4b23.7x127.4x2x
Wed, 20 Nov 2024US$175.5bUS$87.8bUS$1.4b23.8x129.2x2x
Fri, 18 Oct 2024US$169.4bUS$89.0bUS$411.2m23.3x412x1.9x
Sun, 15 Sep 2024US$159.8bUS$89.0bUS$411.0m19.9x388.9x1.8x
Tue, 13 Aug 2024US$146.5bUS$88.3bUS$219.5m18.8x667.3x1.7x
Thu, 11 Jul 2024US$156.0bUS$87.2bUS$1.3b15.4x124.7x1.8x
Sat, 08 Jun 2024US$122.0bUS$74.9bUS$2.6b15.1x47.3x1.6x
Mon, 06 May 2024US$124.0bUS$74.7bUS$2.4b15x52.5x1.7x
Wed, 03 Apr 2024US$138.4bUS$73.1bUS$3.2b16.8x43.6x1.9x
Fri, 01 Mar 2024US$135.7bUS$72.8bUS$3.0b14.6x45.6x1.9x
Sun, 28 Jan 2024US$131.8bUS$71.6bUS$2.8b14.4x47.5x1.8x
Tue, 26 Dec 2023US$130.8bUS$69.8bUS$2.2b14.7x58.7x1.9x
Thu, 23 Nov 2023US$129.6bUS$69.8bUS$2.2b14x57.8x1.9x
Sat, 21 Oct 2023US$116.3bUS$68.2bUS$1.9b15.8x59.8x1.7x
Mon, 18 Sep 2023US$131.2bUS$66.4bUS$1.4b16.7x96.3x2x
Wed, 16 Aug 2023US$130.8bUS$66.4bUS$1.6b16.9x79.4x2x
Fri, 14 Jul 2023US$141.1bUS$62.8bUS$1.5b14x92.6x2.2x
Sun, 11 Jun 2023US$138.0bUS$62.7bUS$1.4b13.4x95.2x2.2x
Tue, 09 May 2023US$132.3bUS$62.5bUS$1.1b13.4x118.9x2.1x
Thu, 06 Apr 2023US$123.2bUS$58.8b-US$885,686,612.0015.2x-139.1x2.1x
Sat, 04 Mar 2023US$132.8bUS$58.6b-US$607,900,429.0013.9x-218.4x2.3x
Mon, 30 Jan 2023US$127.5bUS$57.0b-US$543,105,971.0012.3x-234.8x2.2x
Wed, 28 Dec 2022US$105.3bUS$56.9b-US$618,200,094.0011.6x-170.4x1.9x
Fri, 25 Nov 2022US$109.9bUS$56.8b-US$580,675,563.0012.3x-189.2x1.9x
Price to Earnings Ratio

-189.2x


Total Market Cap: US$109.9bTotal Earnings: -US$580,675,563.00Total Revenue: US$56.8bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Casinos and Gaming Industry Price to Earnings3Y Average 68.3x202320242025
Current Industry PE
  • Investors are relatively neutral on the American Casinos and Gaming industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 68.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.9x.
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 18% 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 Market-0.39%
Consumer Discretionary-3.22%
Hospitality-0.13%
Casinos and Gaming-2.56%
Restaurants1.28%
Hotels, Resorts and Cruise Lines0.047%
Leisure Facilities-2.84%
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
MLCO Melco Resorts & EntertainmentUS$9.062.3%
+US$78.1m		51.0%PE34x
SGHC Super Group (SGHC)US$12.251.1%
+US$65.4m		109.0%PE26.8x
GDEN Golden EntertainmentUS$30.132.9%
+US$22.0m		-9.5%PE144.7x
MCRI Monarch Casino & ResortUS$95.591.1%
+US$18.3m		14.9%PE21.1x
CDRO Codere Online LuxembourgUS$5.692.5%
+US$6.4m		-24.9%PE57.2x

Latest News

DKNG
US$29.58
DraftKings
7D
-3.1%
1Y
-30.2%

DKNG: Future Expansions Into New Markets Will Offset Competitive Risks

The consensus analyst price target for DraftKings has been reduced by approximately $5 to a new level near $46. Analysts point to persistent hold volatility, increased promotional spending, and growing risks from prediction market competition as key reasons for the adjustment.
BYD
US$79.78
Boyd Gaming
7D
-3.4%
1Y
10.9%

BYD: Shares Will Likely Maintain Momentum As New Partnerships Drive Optimism

Analysts have raised their price target for Boyd Gaming from $89 to $99 per share, citing solid quarterly fundamentals that highlight the company's ongoing attractiveness. Analyst Commentary Following the recent earnings report, analysts have weighed in on Boyd Gaming's performance and outlook, emphasizing areas of both optimism and caution regarding the company's valuation, execution, and potential for future growth.
SBET
US$10.89
SharpLink Gaming
7D
-8.9%
1Y
33.5%
GDEN
US$30.13
Golden Entertainment
7D
2.9%
1Y
-9.5%
FLUT
US$198.58
Flutter Entertainment
7D
-13.6%
1Y
-25.6%
GENI
US$9.65
Genius Sports
7D
-7.2%
1Y
8.7%
PENN
US$14.60
PENN Entertainment
7D
-6.4%
1Y
-27.4%

PENN: Improved Margins and New Hotel Expansion Will Support Earnings Ahead

Analysts have lowered their price target for PENN Entertainment to $21.09 from $22. This change is due to a modest reduction in revenue growth expectations and a slightly higher discount rate.
WYNN
US$120.73
Wynn Resorts
7D
-6.3%
1Y
33.5%
MLCO
US$9.06
Melco Resorts & Entertainment
7D
2.3%
1Y
51.0%
SGHC
US$12.25
Super Group (SGHC)
7D
1.1%
1Y
109.0%
LVS
US$65.38
Las Vegas Sands
7D
-1.1%
1Y
33.0%

LVS: Singapore And Macau Performance Will Balance Ongoing Market Uncertainties

Analysts have raised their price target for Las Vegas Sands from $60.68 to $65.34, citing stronger profit margins, higher revenue growth expectations, and ongoing improvements in both Singapore and Macau operations. Analyst Commentary Recent street research has provided a nuanced view of Las Vegas Sands as analysts weigh both positive developments and lingering uncertainties for the company’s near-term outlook.
MCRI
US$95.59
Monarch Casino & Resort
7D
1.1%
1Y
14.9%

Monarch Casino & Resort's (NASDAQ:MCRI) Dividend Will Be $0.30

Oct 28
Monarch Casino & Resort's (NASDAQ:MCRI) Dividend Will Be $0.30
CDRO
US$5.69
Codere Online Luxembourg
7D
2.5%
1Y
-24.9%

Codere Online Luxembourg, S.A.'s (NASDAQ:CDRO) Price Is Out Of Tune With Revenues

Sep 17
Codere Online Luxembourg, S.A.'s (NASDAQ:CDRO) Price Is Out Of Tune With Revenues