As the world begins to slowly recover from the economic effects of the COVID-19 pandemic, the gambling industry is poised for a comeback. With the potential for increased consumer spending and a growing interest in online betting, investors are eyeing gambling stocks as a lucrative investment opportunity. Here are 15 of the best gambling stocks to buy now.
1. MGM Resorts International (MGM) – MGM Resorts International is one of the largest casino operators in the world, with properties in Las Vegas, Macau, and other key markets. The company’s stock has been on the rise as consumer confidence returns and travel restrictions ease.
2. Penn National Gaming (PENN) – Penn National Gaming is a leading gaming company with a portfolio of casinos and racetracks across the United States. The company’s stock has surged in recent months as online sports betting becomes more popular.
3. DraftKings Inc. (DKNG) – DraftKings is a leading provider of online sports betting and daily fantasy sports. The company has seen strong growth in recent years, and its stock has performed well as more states legalize online gambling.
4. Wynn Resorts, Limited (WYNN) – Wynn Resorts is a luxury hotel and casino operator with properties in Las Vegas and Macau. The company’s stock has been on the rise as international travel restrictions ease.
5. Churchill Downs Incorporated (CHDN) – Churchill Downs is a leading provider of horse racing and casino gaming. The company’s stock has been performing well as the popularity of online betting grows.
6. Caesars Entertainment, Inc. (CZR) – Caesars Entertainment is one of the largest casino operators in the world, with properties in Las Vegas and other key markets. The company’s stock has been on the rise as consumer spending increases.
7. Las Vegas Sands Corp. (LVS) – Las Vegas Sands is a leading developer and operator of integrated resorts in Macau and Singapore. The company’s stock has been performing well as international travel restrictions ease.
8. Flutter Entertainment plc (PDYPY) – Flutter Entertainment is a leading provider of online sports betting, poker, and casino games. The company’s stock has surged in recent months as more consumers turn to online gambling.
9. Boyd Gaming Corporation (BYD) – Boyd Gaming is a leading provider of casino gaming in the United States. The company’s stock has been on the rise as more states legalize online betting.
10. The Stars Group Inc. (TSG) – The Stars Group is a leading provider of online gaming and betting, with a strong presence in Europe and North America. The company’s stock has performed well as more consumers turn to online gambling.
11. MGM Growth Properties LLC (MGP) – MGM Growth Properties is a real estate investment trust that owns and leases properties to MGM Resorts International. The company’s stock has been performing well as consumer confidence returns.
12. Scientific Games Corporation (SGMS) – Scientific Games is a leading provider of gaming and lottery products and services. The company’s stock has surged in recent months as more consumers turn to online betting.
13. International Game Technology PLC (IGT) – International Game Technology is a leading provider of gaming equipment and technology. The company’s stock has performed well as more states legalize online gambling.
14. Golden Entertainment, Inc. (GDEN) – Golden Entertainment is a leading provider of casino gaming and entertainment in the United States. The company’s stock has been on the rise as consumer spending increases.
15. Paddy Power Betfair plc (PPB) – Paddy Power Betfair is a leading provider of online sports betting and gaming. The company’s stock has surged in recent months as more consumers turn to online gambling.
Overall, gambling stocks are expected to perform well in the coming months as consumer confidence returns and travel restrictions ease. Investors looking to capitalize on this trend may want to consider adding some of these top gambling stocks to their portfolios.