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Top Casino Stocks To Follow Today - April 22nd

DraftKings logo with Consumer Discretionary background
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Key Points

  • MarketBeat's screener highlights five casino stocks with the highest recent dollar trading volume: DraftKings (DKNG), PENN Entertainment (PENN), MGM Resorts (MGM), Monarch Casino & Resort (MCRI), and Super Group (SGHC).
  • Casino stocks are typically cyclical and higher-volatility, with revenue and earnings tied to discretionary consumer spending, tourism, and the regulatory environment, making them lucrative in strong economies but vulnerable in downturns.
  • Five stocks we like better than DraftKings.

DraftKings, PENN Entertainment, MGM Resorts International, Monarch Casino & Resort, and Super Group (SGHC) are the five Casino stocks to watch today, according to MarketBeat's stock screener tool. Casino stocks are shares of companies that own or operate casinos, gaming resorts, and related businesses (including online gambling platforms and gaming suppliers). For investors they are typically cyclical, higher-volatility equities whose revenue and earnings are closely tied to discretionary consumer spending, tourism, and the regulatory environment, making them potentially lucrative in strong economies but vulnerable in downturns. 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

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

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

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

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

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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