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Best Casino Stocks Worth Watching - May 3rd

MGM Resorts International logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • MGM Resorts (MGM), DraftKings (DKNG), and PENN Entertainment (PENN) are MarketBeat’s three casino stocks to watch, chosen for having the highest dollar trading volume among casino stocks in recent days.
  • Casino stocks are typically cyclical and higher-risk, with earnings sensitive to gaming volumes, tourism, discretionary spending, regulation, and competition.
  • MGM is a global casino-resort and hospitality operator; DraftKings is focused on digital sports betting and iGaming; PENN combines regional casino properties with interactive betting brands like ESPN BET and theScore.
  • MarketBeat previews top five stocks to own in June.

MGM Resorts International, DraftKings, and PENN Entertainment are the three Casino stocks to watch today, according to MarketBeat's stock screener tool. Casino stocks are shares of companies that own and operate casinos, gaming resorts, online gambling platforms, and related hospitality businesses, whose revenues depend heavily on gaming volumes, tourism, and discretionary consumer spending. Investors often view them as higher-risk, cyclical securities because earnings are sensitive to economic conditions, regulation, and competition, and the term is sometimes used pejoratively to describe speculative, high‑volatility investments. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

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.

Read Our Latest Research Report on MGM

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.

Read Our Latest Research Report on DKNG

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.

Read Our Latest Research Report on PENN

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