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Promising Casino Stocks To Follow Now - April 14th

DraftKings logo with Consumer Discretionary background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat's stock screener flags DraftKings (DKNG), MGM Resorts (MGM), and Super Group (SGHC) as the casino stocks to watch after each recorded the highest dollar trading volume among casino-related companies in recent days.
  • The firms differ by focus: DraftKings is a digital sports betting, iGaming and fantasy-sports platform; MGM operates physical casino-resorts (Las Vegas Strip, regional and China segments) with hotels and entertainment; and Super Group runs online betting and casino brands like Betway and Spin.
  • MarketBeat previews top five stocks to own in May.

DraftKings, MGM Resorts International, and Super Group (SGHC) are the three Casino stocks to watch today, according to MarketBeat's stock screener tool. "Casino stocks" refers to shares of companies that operate casinos, resorts, sports betting platforms and other gaming-related businesses, whose revenues are tied to gambling activity, tourism and discretionary consumer spending. The term is also used colloquially to describe any highly speculative or volatile shares that investors trade more like bets than long-term investments. 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

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

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