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Top Casino Stocks To Keep An Eye On - October 18th

DraftKings logo with Consumer Discretionary background

Key Points

  • DraftKings, MGM Resorts International, and Rush Street Interactive are highlighted as top casino stocks to monitor due to recent high trading volume.
  • DraftKings is noted to be the most oversold it has ever been, indicating potential investment opportunity.
  • MGM Resorts operates a variety of casino and resort amenities across different market segments, including the Las Vegas Strip.
  • MarketBeat previews the top five stocks to own by November 1st.

DraftKings, MGM Resorts International, and Rush Street Interactive are the three Casino stocks to watch today, according to MarketBeat's stock screener tool. "Casino stocks" are shares of companies that own, operate, or supply land-based and online gambling venues and related resort businesses. Their performance is typically tied to consumer discretionary spending, tourism, and regulatory and legal changes, making them often cyclical and sometimes more volatile than broader market sectors. 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

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

See Also

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