WYNN MAKES THE LIST.
CZR MAKING MOVES.
NEVADA IN THE COMING MONTHS.
WYNN MAKES THE LIST.
CZR MAKING MOVES.
NEVADA IN THE COMING MONTHS.
Boyd Gaming has casinos in ten states, which is why it has huge success in the US. However, its heavy presence is in Las Vegas, which is a tourist-dependent part of the United States. It is one of the best casino operators in 2021, and you might want to invest in its stock. Put your money on their stock today and expect at least 40% in return. Boyd Gaming has a fantastic sportsbook and also operates an online gaming platform.
Wynn Resorts is the team behind Wynn Palace and Wynn Macau in Macau. It also owns Encore and Wynn Las Vegas in Las Vegas. The coronavirus heavily impacted the company, but things keep getting better by the day. There is a limited number of players, and things are not fully back to normal. Under normal circumstances, Wynn Resorts is a beast in the gaming industry and is worth your attention and money. Note that the company opened two years ago and is already a household name in the US.
MGM Resorts International stocks value plummeted in 2020. Before the virus happened, the stock was worth more than $18. In mid-January of the same year, MGM shares went for $34.54. At the time of writing this guide, the stock goes for $38. MGM currently has up to ten casinos in Las Vegas, the hub of tourism in the US. The same company also has a 42.5% worth stake in T-Mobile Arena. Also, MGM has many casinos in different parts of the world.
Penn National Gaming is a regional gaming giant. Recently, the company enhanced its dominance in racetracks and casinos. It also recently started to explore online betting and is doing great. Its Barstool Sports gives it a huge potential to give its competitors a run for their money. Just like Boyd Gaming, Penn National Gaming focuses more on its regional customers. This explains why it has amazing stock value. It is currently one of the best performers after DraftKings and Boyd.
Caesars is one of the biggest and best online casino gaming companies, but the pandemic caused its stock to plummet by almost 90%. Well known, is that Caesars Entertainment is the major rival to MGM and has nine casinos in La Vegas. In early 2020, its stocks went for $68.12. In March, Caesars Entertainment closed for seven days, and its stock went down to $8.82. It is one of the huge giants in the gaming industry that felt the wrath of coronavirus. However, things are getting back to normal at the time of writing, and its stocks currently go for $98.
DMY is currently one of the best casino and betting stocks you need to purchase right now. Not long ago, the company signed an agreement with Genius Sports Group Limited. This has given it the potential to give you higher returns as it keeps strengthening its market presence. At the moment, DMY Technology Group‘s HF Holdings is valued at $143 million. Don’t you think this is the best place to purchase stocks and watch your money work for you?
Churchill Downs is Hong Kong-based and primarily operates in Macao, where it has a strong fan base. Macao is also the only region in China where gambling is legal. Note that Churchill Downs also has resorts in Manila, Philippines. It will also start operating in Cyprus in 2022. However, just like all other Macao-based casino companies, the pandemic has caused a significant impact on Churchill Downs. Travel restrictions and social distancing have made it hard for the company to bounce back. However, it is better in 2021 and is improving steadily.
By 2025, the sports betting industry will be worth more than $19 billion, and DraftKings will be one of the primary beneficiaries of that massive growth. DraftKings went public a few years ago and is already one of the best places to buy shares. If you buy shares with DraftKings, you can be sure of getting huge profits each month without breaking a sweat. It is the second biggest casino site in the US, with a 25% share of the entire market.
Flutter Entertainment is famous in the US thanks to its sports betting arm and FanDuel fantasy sports. It is also the biggest online gambling company in the world. Flutter Entertainment owns FOX Bet, TVG, Betfair, and PokerStars.Flutter Entertainment was born through a merger of Paddy Power and Betfair. Its sports betting business is strong in the US and its proximity. As more states keep legalizing online betting, Flutter Entertainment and FanDuel will get massive.
Las Vegas Sands hasn’t changed its name even after selling all its assets and deciding to only focus on the Asian market. It sold its assets for around $6.25 billion. However, it seems that was a good decision because the company only keeps garnering huge profits in the gaming industry. In 2021, it is believed that its stocks are not as good as they are supposed to be. At the time, if you buy shares with them, you will be sure of less than a 3% return rate.
The stock market can be tricky. With a lot of things to study and many challenges on the way, you might not be sure where to invest your money. However, the sites shared in this guide are great, and you can confidently buy their shares. You will be certain of impressive returns every month. For better results, consider investing in three or even four of them while keeping tabs on the latest changes in the gaming industry.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.