Best Casino Stocks To Follow Now – May 22nd

DraftKings, Flutter Entertainment, Wynn Resorts, MGM Resorts International, Red Rock Resorts, Churchill Downs, and PENN Entertainment are the seven Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are the publicly traded shares of companies whose primary business is operating gambling and gaming establishments—such as land-based casinos, resort hotels, and online gaming platforms. Their share prices tend to fluctuate with consumer discretionary spending, tourism trends and changes in legal or regulatory frameworks. Investors in casino stocks often monitor metrics like foot traffic, gaming revenue per visitor and legislative developments to assess growth prospects. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

NASDAQ:DKNG traded down $0.67 during trading hours on Thursday, reaching $34.87. The company had a trading volume of 3,568,625 shares, compared to its average volume of 9,890,323. DraftKings has a 1-year low of $28.69 and a 1-year high of $53.61. The firm has a market cap of $31.01 billion, a PE ratio of -32.89, a price-to-earnings-growth ratio of 1.43 and a beta of 1.89. The business’s 50 day moving average price is $35.15 and its 200-day moving average price is $39.30. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.93 and a quick ratio of 1.00.

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

Shares of FLUT stock traded down $1.07 during trading hours on Thursday, hitting $238.89. 397,758 shares of the company’s stock were exchanged, compared to its average volume of 1,865,218. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.66. The firm has a market cap of $42.21 billion and a P/E ratio of 82.64. The firm has a 50 day moving average of $234.62 and a two-hundred day moving average of $254.30. Flutter Entertainment has a fifty-two week low of $174.03 and a fifty-two week high of $299.73.

Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.

Shares of WYNN traded down $1.30 during trading hours on Thursday, hitting $90.20. 647,783 shares of the stock were exchanged, compared to its average volume of 2,528,012. Wynn Resorts has a 12-month low of $65.25 and a 12-month high of $107.81. The company has a market cap of $9.43 billion, a price-to-earnings ratio of 21.43, a price-to-earnings-growth ratio of 2.35 and a beta of 1.33. The stock’s 50-day moving average price is $82.00 and its two-hundred day moving average price is $85.77.

MGM Resorts International (MGM)

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.

NYSE:MGM traded down $0.40 during trading hours on Thursday, hitting $30.97. The company had a trading volume of 1,670,687 shares, compared to its average volume of 4,750,418. The company has a current ratio of 1.30, a quick ratio of 1.26 and a debt-to-equity ratio of 1.73. The company has a 50-day moving average of $30.97 and a 200 day moving average of $33.70. The company has a market cap of $8.43 billion, a P/E ratio of 12.91, a P/E/G ratio of 0.98 and a beta of 1.78. MGM Resorts International has a 1 year low of $25.30 and a 1 year high of $47.26.

Red Rock Resorts (RRR)

Red Rock Resorts, Inc., through its interest in Station Casinos LLC, develops and operates casino and entertainment properties in the United States. The company owns and operates gaming and entertainment facilities, including Durango Casino & Resort and smaller casinos in the Las Vegas regional market.

NASDAQ:RRR traded up $1.98 during trading hours on Thursday, hitting $46.59. The company had a trading volume of 522,411 shares, compared to its average volume of 663,055. The company has a current ratio of 1.02, a quick ratio of 0.96 and a debt-to-equity ratio of 14.28. The company has a 50-day moving average of $43.02 and a 200 day moving average of $46.71. The company has a market cap of $4.94 billion, a P/E ratio of 18.56, a P/E/G ratio of 4.32 and a beta of 1.64. Red Rock Resorts has a 1 year low of $35.09 and a 1 year high of $61.73.

Churchill Downs (CHDN)

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; casino gaming; and Terre Haute Casino Resort.

Shares of Churchill Downs stock traded down $1.04 during trading hours on Thursday, hitting $93.23. The company’s stock had a trading volume of 256,652 shares, compared to its average volume of 748,176. Churchill Downs has a twelve month low of $85.58 and a twelve month high of $150.21. The firm has a fifty day moving average of $101.47 and a 200-day moving average of $119.50. The stock has a market cap of $6.73 billion, a price-to-earnings ratio of 16.41, a P/E/G ratio of 2.95 and a beta of 1.02. The company has a debt-to-equity ratio of 4.47, a quick ratio of 0.55 and a current ratio of 0.57.

PENN Entertainment (PENN)

PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates online sports betting in various jurisdictions; and iCasino under Hollywood Casino, L'Auberge, ESPN BET, and theScore Bet Sportsbook and Casino brands.

Shares of PENN Entertainment stock traded up $0.35 during trading hours on Thursday, hitting $14.55. The company’s stock had a trading volume of 1,193,431 shares, compared to its average volume of 4,205,508. PENN Entertainment has a twelve month low of $13.25 and a twelve month high of $23.08. The firm has a fifty day moving average of $15.65 and a 200-day moving average of $18.54. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of -4.10, a P/E/G ratio of 1.55 and a beta of 1.81. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.94 and a current ratio of 0.94.