Free Trial

Best Casino Stocks Worth Watching - October 21st

DraftKings logo with Consumer Discretionary background

Key Points

  • DraftKings, along with several other companies, is considered one of the top casino stocks to watch, as it is currently viewed as being oversold.
  • MGM Resorts International operates multiple segments including Las Vegas Strip Resorts and MGM China, focusing on gaming, hotel, and entertainment services.
  • PENN Entertainment provides a broad range of entertainment services through its various brands and operates online sports betting across several jurisdictions.
  • Five stocks to consider instead of DraftKings.

DraftKings, MGM Resorts International, PENN Entertainment, Rush Street Interactive, Super Group (SGHC), Monarch Casino & Resort, and Melco Resorts & Entertainment are the seven Casino stocks to watch today, according to MarketBeat's stock screener tool. "Casino stocks" refers both to shares of companies that operate casinos, gaming platforms, and related hospitality businesses whose revenue is tied to gambling and tourism, and more loosely to any equities investors view as highly speculative. In investor usage the term often carries a pejorative sense, implying that returns depend more on chance, luck, or short-term sentiment than on stable fundamentals or predictable cash flows. 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.

Read Our Latest Research Report on DKNG

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

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

Rush Street Interactive (RSI)

Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines.

Read Our Latest Research Report on RSI

Super Group (SGHC) (SGHC)

Super Group (SGHC) Limited operates as an online sports betting and gaming operator. It offers Betway, an online sports betting brand; and Spin, a multi-brand online casino offering. Super Group (SGHC) Limited is based in Saint Peter Port, Guernsey.

Read Our Latest Research Report on SGHC

Monarch Casino & Resort (MCRI)

Monarch Casino & Resort, Inc. engages in the ownership and operation of the Atlantis Casino Resort Spa, a hotel and casino facility in Reno, Nevada, and the Monarch Black Hawk Casino in Black Hawk, Colorado. The company was founded in 1993 and is headquartered in Reno, NV.

Read Our Latest Research Report on MCRI

Melco Resorts & Entertainment (MLCO)

Melco Resorts & Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment casino resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 500 gaming tables and 800 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 30 restaurants and bars, and 150 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities.

Read Our Latest Research Report on MLCO

Recommended Stories

Should You Invest $1,000 in DraftKings Right Now?

Before you consider DraftKings, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DraftKings wasn't on the list.

While DraftKings currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.