Best Casino Stocks 2020
Casino stocks have been in a world of hurt due to the worldwide crisis and stock bargain hunters are thinking this could be a good play. You know the old say. We recently asked over 400 Benzinga investors and traders which casino stock they believe will grow the most by 2025.Best Casino Stocks Over the next five years, which casino stock will have the.
The pandemic has not only closed many shops and hotels but also damaged the offline entertainment industry. This includes popular bookmaking and gambling houses around the world. Now customers are in no hurry to enter gambling and betting establishments. Instead, they choose to gamble at an online casino without risking their health. In this article, you will find out more about the top five online gambling stocks which are great for both new and savvy investors.
NetEnt
This Swedish virtual casino game provider has more than 23 years of experience in the industry.
During this time, they have partnered with many online casinos, including the biggest names in the business. This wide partnership network increases the value of the platform and makes it one of the best online gambling stocks available on the Internet.
Their games stand out for their excellent graphics, quality sound, and characters. This approach increases the audience, and, as a result, income and revenue. As a result, their stock has been doing well for a long time.
DraftKings
DraftKings is an American daily fantasy sports venue and bookmaker established in 2012. It is also profiting from the fact that it’s both an online business. The company had its first public offering this year. And it was a great success.
DraftKings is one of the leading stars in the betting industry. Its assets have risen up immediately after the start of the pandemic and the global lockdown. It offers a great variety of services: not only sports betting, but also online casino gambling, which allows it to optimize profits and reduce risks.
Flutter Entertainment
The holding was created as a result of the merger of Paddy Power and Betfair in 2016. It was later acquired by The Stars Group. The service owns many gambling brands (including PokerStars and Betfair) and that fact greatly increases the reputation and financial value of the platform.
Although gambling is only permitted in a few states, more and more states are beginning to authorize it, which means there is lots of opportunity for Flutter Entertainment’s extension.
Landcadia/Golden Nugget Online Gaming
Golden Nugget is actually a spinoff of the Golden Nugget brick-and-mortar casino business. It has had more of a rough ride than others on this list, so that fact may give some investors pause. The company competes with other similar services, and it does not always succeed in becoming a leader. But perhaps the service will surprise us in the future and still grow?
Best Casino Stocks 2020 Date
Scientific Games
Their shares have been moving steadily upward since the March selloff with an unexpected jump in September. Maybe one reason for the surge was the 113% increase in online gaming revenue in New Jersey, one of the biggest gambling markets in the USA.
Summing up, those who are looking for a hybrid stock with exposure to both online and offline gambling might consider this option. Keep in mind if you are living in the U.S., it is illegal to bet on offshore casino sites not licensed by the U.S.
Best Casino Stocks 2020 2021
Best Casino Stocks July 2020
Date | Stock | Title |
---|---|---|
Mar 9 | MSC | Bank of America's Dividend Lags Its Peers -- but That Could Soon Change |
Mar 9 | BYD | Boyd Gaming (BYD) to Revive Stardust Brand With FanDuel Tie-Up |
Mar 9 | GDEN | Waitr Holdings (WTRH) Q4 Earnings & Revenues Miss Estimates |
Mar 9 | GDEN | Is a Surprise Coming for Golden Entertainment (GDEN) This Earnings Season? |
Mar 9 | EVRI | Earnings Scheduled For March 9, 2021 |
Mar 8 | BYD | Boyd Gaming Partners With FanDuel to Revive Popular Casino Online |
Mar 8 | WYNN | Wynn Resorts' (WYNN) WynnBET Boosts Online Betting in Virginia |
Mar 8 | BYD | Boyd Gaming and Fanduel to partner on online Stardust revival |
Mar 8 | BYD | Boyd Gaming, FanDuel Group Announce Plans To Launch Stardust Online Casino In New Jersey, Pennsylvania |
Mar 5 | RSI | DMY Technology Group rolls out new SPAC after previous ones gain some 60% |
Mar 5 | MSC | 'Spoofing' Lawsuit Against Bank of America, Morgan Stanley Dismissed |
Mar 5 | WYNN | Wynn Adds Virginia, Its 10th State, to Its Online Sportsbook Roster |
Mar 5 | RSI | Today's Best SPAC: DMY IV |
Mar 5 | CNTY | Will Century Casinos (CNTY) Report Negative Q4 Earnings? What You Should Know |
Mar 5 | MSC | UPDATE 1-Goldman poised to make $200 mln profit off Texas deep freeze -Bloomberg News |
Mar 5 | WYNN | Wynn makes it ten states with sports betting after Virginia approval |
Mar 5 | WYNN | WynnBET Awarded Online Sports Betting Permit In Virginia |
Mar 5 | BYD | Boyd Gaming (BYD) Up 40% in 3 Months: More Room to Run? |
Mar 5 | GDEN | MGM Resorts (MGM) Up 59% in 6 Months: Can the Rally Continue? |
Mar 5 | RSI | Esports Continues to Lead Online Gaming Industry Growth |