Gambling stocks are very interesting to all kinds of people and especially appealing to gamblers. This is considered to be safer than gambling and something that can help you make a profit. If you like to play in high-quality American casino brands that cooperate with popular companies, you probably already heard about these corporations. So which are the best gambling stocks out there? Below we are going to reveal these and we are going to add why these are so appealing and so popular.
In this article
DraftKings
DraftKings holds 25% of the market for sports betting in the state and it is one of the most prominent and respected businesses. It is the second biggest sports betting site as well and with more states adopting sports betting, we can see that this name is going to become even more popular and more profitable so investing in it is definitely worthy of your time and money.
In 2021 their stocks are excellent when it comes to performing with 37% which is impressive. All experts claim that these stocks are something you must have and something that is going to be spectacular and special in the near future. Keep in mind that sports betting will become a $19 billion market by 2025 and it will probably continue climbing indefinitely.
MGM Resorts
MGM is a well-known name with a rich history. As such it is an appealing choice to make in this case scenario. One advantage here is that the brand is completely focused on the US market, period. Most of the competitors are focused on multiple markets which make things harder to predict.
But, MGM Resorts is all about the United States. The second thing you may like here is that the brand offers the ability to invest in online and real-world stocks which makes things even better. The value here is over $18 billion so we are talking about a giant nonetheless. You do get a lot of opportunities to invest and these investments are actually safer than you may believe.
Caesars Entertainment
Caesars Entertainment is another popular and well-known name on our list. The overall value is over $18 billion which is massive as you can see. The brand owns 50 resorts all over the globe and all of these are focused on betting and gambling.
Yes, they are heavily present in Las Vegas and they have 8 properties there. It is also popular in the UK and users who like branded British online casinos also visit Caesars when they have such an option. We can add that the brand has resolved any bankrupt-related issues and now they are focused on profit. The investment is ideal to make and can make a massive difference.
Flutter Entertainment
Flutter Entertainment is one of the leaders in the industry and one of the best-known names in the world. The value here is over $39 billion so you can imagine the potential. The brand is well-known for Fan Duel fantasy sports among other sub-brands. Others include FOX Bet, TVG, Poker Stars, Bet Fair and other casinos accepting British customers.
Some of the more interesting and less-known options are horse and greyhound racing TV networks. The brand here was formed when Paddy Power and Bet Fair merged and created the most spectacular network in the country. Add the fact that more and more states are going to legalize sports betting and you can imagine what this means. The potential is massive and the return can be extremely high.
Penn National Gaming
Penn National Gaming has a value of over $16.7 billion. They own the best casinos in the country and in this year their casino was ranked as the third-best in the terms of winning and potential.
The brand is mostly focused on gambling and races but they are adding and becoming more involved in sports betting as well. There is an amazing Barstool Sports app that deserves your attention. Investment here is safe and very appealing so you may want to consider it as soon as possible.
Wynn Resorts
Wynn Resorts has a value of $14.7 billion. An interesting fact here is that the brand gets most of its profit from Macau. There are present in Las Vegas as well. In fact, 1/3 of the profit comes from Sin City. However, during the pandemic, the brand was heavily impacted by the fewer gamblers and bettors.
Luckily, Beijing is still the most popular tourist destination and we all know that Wynn Resorts is obtaining profit from VIP members and gamblers who want to have the best fun and who are looking for the highest profits. Due to this fact, investing in the brand is more than just a smart idea. Once the pandemic is over, you can look and expect massive profit. This is one of those brands that truly looks better than most rivals.
Boyd Gaming
Boyd Gaming is valued at $6.7 billion and it is one of the most appealing choices here. They have a lot of presence in Las Vegas but not only on the Strip as all other brands here. They are focused on other parts of the city and the state and they are also present in other 9 states. In 2021 this was the top-performing operator and they offer casino games and sports betting. In general, you can consider their stocks.
Of course, you can expect profit once the pandemic is done which can happen soon. Their stocks are actually more secure and the investment is safer than you may think. The brand is versatile and focused on multiple sources of income and profit which is always safer and more interesting for investors.
Melco Resorts & Entertainment
Melco Resorts & Entertainment is valued at $9.3 billion which is a lot as you can agree. They operate in Macau. You need to know that Macau is the only place in China where gambling is legal and it is extremely popular with people from all over the world. This brand is also present in Manila, another place where gambling is common and they are planning to extend to Cyprus in 2022.
Last year they were significantly damaged due to the pandemic and the loss was around 80%. But, this year is a bit better and we are looking at the massive potential we believe that the brand is going to advance and reach new potential and new value soon. It is one of those stocks that don’t look very ideal right now but in a couple of months, they can make a massive profit. These can also make you a wise investment due to the fact not a lot of investors are interested in this name right now.
The final word
These brands will rise again and they are expected to become the leaders of the market. Small investments or multiple ones here are definitely something you should consider. Yes, at the moment gambling realm doesn’t look promising due to the pandemic. But, in the near future, you are looking at significant improvements and massive perks that are going to change the world and can change the amount on your bank account as well.
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