Top Casino Stocks To Watch Now - July 29th

Key Points

• Sharplink Gaming, Flutter Entertainment, DraftKings, MGM Resorts International, Wynn Resorts, Churchill Downs, and PENN Entertainment are identified as the top casino stocks to watch due to their high trading volumes and potential for investor returns.
• DraftKings has a market capitalization of $38.73 billion, with its stock trading at $43.56 and a 12-month high of $53.61, while Flutter Entertainment boasts a market cap of $53.31 billion with a stock price of $301.72.
• PENN Entertainment has a market cap of $2.77 billion, with shares trading at $18.36, and a notable debt-to-equity ratio of 2.35, indicating a relatively high leverage in the company's financial structure.

Sharplink Gaming, Flutter Entertainment, DraftKings, MGM Resorts International, Wynn Resorts, Churchill Downs, and PENN Entertainment are the seven Casino stocks to watch today, according to MarketBeat's stock screener tool. Casino stocks are shares of publicly traded companies that operate casinos, resorts, and other gaming facilities. Their performance is closely tied to consumer discretionary spending, tourism trends, regulatory environments, and broader economic conditions. Investors often watch metrics like gaming revenue, hotel occupancy, and VIP play to gauge their potential returns. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

Sharplink Gaming (SBET)

SharpLink Gaming, Inc. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network.

NASDAQ:SBET traded down $1.82 during midday trading on Tuesday, hitting $19.11. 29,630,519 shares of the company traded hands, compared to its average volume of 10,153,751. The firm's fifty day moving average is $23.57 and its 200-day moving average is $11.04. Sharplink Gaming has a 12-month low of $2.26 and a 12-month high of $124.12.

Read Our Latest Research Report on SBET

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

Shares of FLUT traded down $4.54 during midday trading on Tuesday, hitting $301.72. The stock had a trading volume of 788,737 shares, compared to its average volume of 2,318,981. The stock's 50 day moving average is $272.90 and its 200 day moving average is $257.71. The firm has a market cap of $53.31 billion and a PE ratio of 104.38. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.95 and a quick ratio of 0.95. Flutter Entertainment has a 1 year low of $175.59 and a 1 year high of $309.77.

Read Our Latest Research Report on FLUT

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.

Shares of DKNG stock traded down $0.73 during trading hours on Tuesday, reaching $43.56. 3,383,405 shares of the stock were exchanged, compared to its average volume of 10,257,613. The firm has a market capitalization of $38.73 billion, a price-to-earnings ratio of -52.40, a price-to-earnings-growth ratio of 1.51 and a beta of 1.67. DraftKings has a 12-month low of $28.69 and a 12-month high of $53.61. The company's 50-day moving average price is $39.82 and its 200-day moving average price is $39.12. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 2.11.

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.

NYSE MGM traded down $1.33 during trading on Tuesday, hitting $37.23. The stock had a trading volume of 2,574,865 shares, compared to its average volume of 5,361,393. MGM Resorts International has a one year low of $25.30 and a one year high of $43.99. The stock has a 50 day simple moving average of $34.72 and a 200 day simple moving average of $33.29. The stock has a market capitalization of $10.13 billion, a price-to-earnings ratio of 16.62, a P/E/G ratio of 2.48 and a beta of 1.76. The company has a debt-to-equity ratio of 1.79, a quick ratio of 1.26 and a current ratio of 1.31.

Read Our Latest Research Report on MGM

Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.

Shares of NASDAQ WYNN traded down $1.59 during midday trading on Tuesday, hitting $109.68. The company's stock had a trading volume of 468,475 shares, compared to its average volume of 2,495,876. Wynn Resorts has a 12-month low of $65.25 and a 12-month high of $112.36. The firm has a market cap of $11.47 billion, a P/E ratio of 30.46, a price-to-earnings-growth ratio of 3.03 and a beta of 1.37. The business's 50 day moving average is $96.81 and its two-hundred day moving average is $88.24.

Read Our Latest Research Report on WYNN

Churchill Downs (CHDN)

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates pari-mutuel gaming entertainment venues; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; retail sports books; casino gaming; and Terre Haute Casino Resort.

Churchill Downs stock traded down $0.69 during mid-day trading on Tuesday, hitting $110.57. The company's stock had a trading volume of 192,319 shares, compared to its average volume of 746,911. The company has a debt-to-equity ratio of 4.74, a quick ratio of 0.60 and a current ratio of 0.60. The company has a 50 day moving average of $101.09 and a 200-day moving average of $107.25. Churchill Downs has a one year low of $85.58 and a one year high of $150.21. The stock has a market cap of $7.75 billion, a PE ratio of 18.99, a P/E/G ratio of 3.13 and a beta of 0.95.

Read Our Latest Research Report on CHDN

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.

Shares of PENN traded down $0.50 during trading hours on Tuesday, reaching $18.36. 821,565 shares of the company traded hands, compared to its average volume of 4,342,274. The stock's fifty day moving average price is $17.03 and its 200 day moving average price is $17.60. The company has a current ratio of 0.74, a quick ratio of 0.74 and a debt-to-equity ratio of 2.35. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of -29.61 and a beta of 1.61. PENN Entertainment has a 12-month low of $13.25 and a 12-month high of $23.08.

Read Our Latest Research Report on PENN

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