7 casino stocks to watch

The best casino stocks depend on your portfolio and investment goals—while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

7 popular casino stocks to watch

We round up a selection of stocks in or related to the gambling and entertainment industry, weighting the list more heavily towards popular mid- and large-cap stocks.

1. Scientific Games Corporation (SGMS)
2. Everi (EVRI)
3. MGM Resorts International (MGM)
4. Wynn Resorts (WYNN)
5. Eldorado Resorts (ERI)
6. Penn National Gaming (PENN)
7. Caesars Entertainment Corporation (CZR)

Compare investment accounts that help you research stocks

The casino stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering casino stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

How to invest in casino stocks

1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps in Canada.
2. Sign up for an account. Provide your personal information and sign up.
3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like SGMS or DKNG.
5. Place your order. Buy the stock. It's that simple.

Learn more about popular casino stocks

We round up a selection of stocks in or related to the gambling and entertainment industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

---

1. Scientific Games Corporation (SGMS)

Scientific Games Corporation, doing business as Light & Wonder Inc. , develops technology-based products and services, and related content for the gaming, lottery, social and digital gaming industries in the United States and internationally. The company's Gaming segment sells new and used gaming machines, electronic table systems, video lottery terminals, conversion game kits, and spare parts; table products, including shufflers; and perpetual licenses to proprietary table games.

• Previous close price: $0.00
• Market capitalization: $5,613,998,592
• 1 year performance: N/A
• P/E ratio: 15.3421

---

2. Everi (EVRI)

Everi Holdings Inc. develops and supplies game content, gaming machines, and gaming systems and services for land-based and iGaming operators in the United States, Canada, Australia, and internationally. It operates through Games and Financial Technology Solutions segments.

• Previous close price: $14.08
• Market capitalization: $1,222,936,704
• 1 year performance: 88.74%
• P/E ratio: 88

---

3. MGM Resorts International (MGM)

MGM Resorts International, through its subsidiaries, operates as a gaming and entertainment company in the United States, China, and internationally. The company operates through four segments: Las Vegas Strip Resorts, Regional Operations, MGM China, and MGM Digital. It operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities, as well as online/digital games through its online platforms.

• Previous close price: $31.37
• Market capitalization: $9,359,203,328
• 1 year performance: -24.50%
• P/E ratio: 15.3527

---

4. Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. It 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 displays.

• Previous close price: $91.50
• Market capitalization: $10,220,153,856
• 1 year performance: -6.27%
• P/E ratio: 26.1364

---

5. Eldorado Resorts (ERI)

Caesars Entertainment, Inc. operates as a casino-entertainment company in the United States. The company operates resorts primarily under the Caesars, Harrah's, Horseshoe, and Eldorado brand names.

• Previous close price: $0.00
• Market capitalization: $3,768,972,800
• 1 year performance: N/A
• P/E ratio: 16.5922

---

6. Penn National Gaming (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.

• Previous close price: $14.20
• Market capitalization: $2,417,542,144
• 1 year performance: -11.69%

---

7. Caesars Entertainment Corporation (CZR)

Caesars Entertainment, Inc. operates as a gaming and hospitality company. The company owns, leases, brands, or manages domestic properties in 18 states with slot machines, video lottery terminals and e-tables, and hotel rooms, as well as table games, including poker.

• Previous close price: $27.96
• Market capitalization: $6,384,617,984
• 1 year performance: -22.72%

Buy casino stocks from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

Related: Compare the best stock trading platforms in Canada

Bottom line

While it's possible to turn a profit investing in casino stocks, keep in mind that—like any investment—casino stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the gambling and entertainment industry, so carefully vet your picks before you invest. If you're new to investing or if it's been a while since you've taken a critical look at your investment accounts, compare brokers to make sure you're getting the best trading features for your needs.

Related: How to buy stocks in Canada

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.