Home > Compare > Casino Stocks

Best Casino Stocks to Buy In 2021

Casinos belong to the broader gaming industry sector. The casino sector is more like a gaming service industry, focusing primarily on casino gaming. It’s infused with leisure in resort facilities designed to keep people coming back for more, the desert city of Las Vegas is a case in point. 

As technology advances, casino gaming activities in traditional brick and mortar establishments gave the ground to online space, resulting in more revenues and the industry's potential for growth. This guide gives you an upper hand on the casino stocks table.

OVERVIEW OF THE CASINO INDUSTRY

There is just something hard-wired into human beings that makes us want to predict future occurrences. The casino industry has tapped into this primal instinct and is making billions of dollars annually. 

In 1994, Microgaming developed the first virtual gaming software, paving the way for online casinos. Two years later, the need for regulation of the online casino space saw the Kahnawake Gaming Commission's formation with the goal to ensure fair play and transparency. As advancements in the internet infrastructure continue to make lives easier and the world becomes more of a global village, the casino industry keeps abreast with technological advances. The result is the availability of almost everything the casino industry has to offer from the comfort and convenience of your home or handheld device. 

With the flexibility that the casino industry has shown and its ability to adopt new technology and remain relevant, the industry is expected to continue growing with the reinvention of existing companies and the cropping up of new ones in the hope to get a piece of the casino industry pie. The industry is split into two categories:

  1. Brick and Mortar casinos with an online presence.
  2. Pure online casinos.

What are the trading hours for Casino Shares?

Trading hours refer to the active hours for the selling and buying of stocks. Casino companies from different countries operate internationally. As such, the active trading of casino stocks is dependent on their country of public listing:

Casino stocks listed in the North and South American countries are actively traded under the NYSE trading hours of 9.30 a.m. to 4 p.m. EST, with an allowance for the NASDAQ pre-market, 4-9.30 a.m. EST, and after-hours, 4-8 p.m. EST. The exception to these trading times is the holidays with the closing time of 1 p.m. EST.

Trading casino stocks is available via online brokers 24 hours a day on the weekdays.

HOW TO TRADE AND INVEST IN CASINO STOCKS?

1

Open a Trading Account

Open a trading account with your preferred broker. Make sure they provide the casino stocks you’re interested in. Activate the registered account via the confirmation link sent to your email.

2

Fund the Account

Fund the active account and ensure the broker has acknowledged your deposit.

3

Start Trading

Analyse the markets and choose the casino stocks you believe will make money for you.

Where can I buy Casino stocks?

Most of the casinos above have resorts all over the world, which are listed in different stock exchanges. With the legalisation of gambling in Japan, most of them have plans underway to set up shop. The best way to trade and invest in casino stocks is through brokers. They offer all stocks under one application, including the S&P 500 for comparison purposes. 

Here are some reasons  brokers below the best for casino stocks?

  1. The cost of using their application is relatively low compared to other industry players. They also require low minimum deposits and commissions on placing trades.
  2. They are regulated by the relevant authorities providing recourse in case of any issues. 
  3. They offer a wide variety of casino stocks for investment and trading.
  4. They give excellent bonuses for deposits and have top-notch customer service.

We've shortlisted the best casino stocks to buy in 2021 and you can start trading them in our recommended brokers by clicking on the buttons of the following table.

1
Ballys Corp (BALY)
Our score
10
Owns and operates gaming and racing facilities.
Market Cap of 1.92B as of February 2021.
Ballys share price has soared 102% in the last year.
Description:
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA
2
Las Vegas Sands (LVS)
Our score
9.3
Las Vegas Sands was founded in 1988 and is headquartered in Las Vegas.
Market Cap. of +44 Billion dollars as of February 2021.
Cheap to buy right now.
Description:
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA
3
MGM Resots (MGM)
Our score
8.7
Owns and operates the biggest casino resorts in the world
Massive market capitalisation of more than $19.5B (Feb. 2021)
With COVID-19 vaccination rates improving in many countries, some investors expect a bounce soon
Description:
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA
4
Penn National Gaming (PENN)
Our score
8.5
Penn National Gaming, Inc. was founded in 1972 and is headquartered in Pennsylvania.
Q4 Revenues of $1.03 Billion.
PENN’s revenue has increased at a CAGR of 7.9% over the past three years.
Description:
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA
5
Wynn Resorts (WYNN)
Our score
7.9
Wynn resorts was founded in 2002 and is headquartered in Las Vegas.
Market Cap. of +11 Billion dollars as of February 2021.
Good return in January 2021.
Description:
Payment Methods
Wire Transfer, Bank Transfer
Full regulations list:
CySEC, FCA

Top 10 Casino Stocks to buy

The best way to gauge the casino industry's overall performance is by analysing the VanEck Vectors Gaming ETF (BJK). The BJK is made up of both traditional brick and mortar casinos and online casinos. Our analysis of this ETF shows that although over the last 12 months the BJK might have performed below par in the gaming industry, it still managed to give investors total returns of approximately 14.2%.

On the back of the BJK performance, the 10 best value casino stocks for 2021 with potential for fastest growth are:

  1. MGM Resorts International
  2. Monarch Casino Resort
  3. Vail Resorts
  4. Caesars Entertainment
  5. International Gaming Technology
  6. Hilton Worldwide Holdings
  7. Ballys Corp
  8. Boyd Gaming Corp
  9. Penn National Gaming Inc
  10. Las Vegas Sands

MGM Resort International

With a market capitalisation of approximately $14 billion, NYSE MGM Stocks are among the best casino stocks out there. Being the holding company, its casino resorts offer world-renowned resort amenities, casino gaming activities, online casino gaming, and entertainment properties. The partnership between Bet MGM, MGM sports betting subsidiary company, and The Athletic, a leading digital sports media company, availed an additional 1 million subscribers to its online services. The adaptability of this corporation makes it the one to watch out for at any given time.

Monarch Casino Resort

This casino from Nevada has been operating since 1993 and currently has a market capitalisation of roughly over $1 billion. It offers convention facilities, casino gaming activities, resort amenities, and retail outlets. It manages the Colorado-based Black Hawk casino, Atlantis Casino Resort Spa, and BetMonarch. Through BetMonarch, it has established itself as a player in the online casino space and sports betting. Despite being among small publicly traded gaming companies, Monarch casino boasts one of the best balance sheets. 

Vails Resorts

With roots in Colorado, this ski lodges resort has a presence in 15 states and operates 37 resorts in total. On top of that, it also has resorts in Europe, Canada, and Australia. It is the closest resort in market capitalisation to MGM holdings rated at approximately $11.6 million. The Vails is a significant player in the resorts industry and hence makes it to this list.

Caesars Entertainment

The Caesar is yet another casino with roots in Nevada. It has a market cap of approximately $16 billion built on the back of dockside casinos in several states and hotel amenities and gaming activities. In addition to its spot on the Las Vegas strip through Caesar's palace, it has evolved from a brick and mortar casino to NetEnt gaming, a leading online casino software provider, having established a pretty impressive online casino. Such adaptability means this casino will use every opportunity to make money for its investors. 

International Gaming Technology Plc

Through its segments, North America Lottery, International gaming interactive, North America gaming interactive, and Italy gaming interactive, it provides casinos with the gaming equipment and the software that runs them. They design, manufacture, and market the products in their designated regions. It is safe to say that as long as casinos continue operating, this company will keep making money for its investors. It has an approximate market cap of $3.6 billion.

Hilton Worldwide Holdings

Unless you have been stuck under a rock, you are familiar with Hilton hotels. Hilton offers urban resorts and leisure resorts all over the world. Some say Las Vegas owes its strip to the Las Vegas Hilton. Thought Hilton is not the classical casino, you cannot talk about resorts and leave out a company with a market capitalisation of over $31 billion. 

Ballys Corp

Ballys is a holding company responsible for casino and hotel properties across the United States. As during the lockdown the gaming popularity spread like a bushfire, Ballys made a killing by acquiring Monkey Knife Fight, one of the fastest-growing fantasy sports websites. Through its new acquisition, it also gained a foothold in sports betting. Moves like these scream to any would-be investor: “Watch out for us!”

Boyd Gaming Corp

With a hand in the casino cookie jar, Boyd gaming is involved in breweries, spas, hotels, and resorts. Founded in 2004 and currently having a market cap of close to $2 billion, this company and its value grow as if it was carried away by unrestrainable horses racing on their horse racetracks. 

Penn National Gaming Inc

Casinos and racing facilities capture the heart of longing for a thrilling part of human beings. The Penn National Gaming Inc is involved in both ventures, which resulted in a market cap of approximately $18.5 billion. Not one to be left behind by technology, they rake in profits from the online casino craze through Hollywood online casino. It is one of the fastest-growing casino stocks.

VanEck Vectors Gaming ETF

As mentioned before, the VanEck Vectors Gaming ETF comprises both online casinos and the brick and mortar casinos. Its dynamics give an insight into the overall market performance of the casino industry. With a return of more than 14% in the last fiscal year, this casino ETF stock is definitely worth monitoring.

EXPERT TIP-ON INVESTING IN CASINO STOCKS

Everything is going online in the world we live in. Invest in casino stocks that have a presence in the online casino space.

WHY INVEST IN CASINO STOCKS?

It is human nature to try to predict the outcome of events. As such, casinos are here to stay and will continue making money.

Frequently Asked Questions

  1. The top Casino stock right now in terms of value and growth potential is MGM holdings.

  2. Yes! More countries are legalising gambling, and its spread to the online space has opened a whole new world of possibilities.

  3. The most robust casino company financially is the Las Vegas Sands with a market cap of approximately $42.8 billion.

  4. Anyone can invest and trade in casino stocks.

  5. The best Casino stock for a beginner investor is the VanEck Vectors Gaming ETF.

  6. Through their resorts and gaming activities, casinos provide an avenue where people wind down from their everyday routine.