Top Online Sports Gambling Stocks
Best Online Sports Gambling Stocks

Related: 3 Breakout Stocks Trending Higher. Imagine an online player sitting at a computer gambling and then all of a sudden being served up special hotel and trip deals right into their inbox. The video game industry is booming, with the global market expected to generate $180.0 billion in 2021. Stocks have started off strong this year, and the best gaming stocks of 2019 will be taking.

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?

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.

Updated on September 14th, 2020 by Bob Ciura

As the saying goes, the house always wins. Casinos operate strong business models, as casinos earn a virtually guaranteed profit from the sum of the bets they receive. The relatively attractive economics of casinos make the industry worthy of a closer look.

Investors may be particularly intrigued by the earnings growth and dividends of the major casino stocks. The 4 major publicly-traded casino stocks all pay dividends to shareholders, but they are far from the safest dividend stocks around.

If you are looking for a safer basket of dividend growth stocks, consider the Dividend Aristocrats. They are an elite group of 65 stocks in the S&P 500 Index with 25+ years of rising dividends.

You can download an Excel spreadsheet of all 65 Dividend Aristocrats (with important financial metrics such as dividend yields, P/E ratios, and dividend payout ratios) by clicking the link below:

Click here to download your Dividend Aristocrats Excel Spreadsheet List now.

Casinos are not without a fair amount of risk. Casinos are highly vulnerable to recessions, as consumers typically cut back heavily on gaming when the economy enters a downturn. The four major casino stocks saw their earnings collapse during the Great Recession. A similar impact has taken place to start 2020 due to the coronavirus crisis, which has battered the casino industry.

Halloween slot online gratis spelen. We have analyzed the major casino stocks in the Sure Analysis Research Database, which ranks stocks based upon the combination of their dividend yield, earnings-per-share growth potential and valuation to compute expected total returns. In this article, we will compare the expected 5-year total annual returns of the four major casino stocks.

For this article, stocks are ranked in order of least attractive to most attractive. While 5-year expected returns are incorporated in the rankings, we have also utilized a qualitative screen based on balance sheet strength and overall business quality.

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Casino Industry Overview

The casino industry is in severe distress right now. The spreading coronavirus and resulting global recession have taken their toll on the casino stocks. The large U.S. casinos are heavily reliant on Macau, the largest gaming market in the world and the only market in China where casinos are legal. As a result, these stocks are very sensitive to any developments that affect the gaming activity in Macau.

This was a significant concern several years ago. In 2014, China initiated an anti-corruption regulatory crackdown, which greatly reduced the gaming activity in the area. Fortunately for the casinos, the downturn lasted for approximately two years and gaming activity in Macau recovered thereafter. Then the gaming activity in Macau faced another headwind, namely the trade war between the U.S. and China.

This headwind lasted for only about a year but now Macau is facing its strongest challenge ever, the outbreak of coronavirus, which has caused a huge hit in the gaming business. Casinos were shut down for an extended period due to the coronavirus. Visa restrictions have also added to the decline in gaming activity in Macau.

As a result, gross gaming revenue in Macau plunged 94.5% in August, compared with the same month last year. Gross gaming revenue in Macau declined 81.6% through the first eight months of 2020. The high sensitivity of casino stocks to all the developments related to China and their pronounced cyclicality means that investors should pick casino stocks carefully.

Top Casino Stock #4: Wynn Resorts (WYNN)

Wynn Resorts owns and operates Wynn Macau and the Wynn Palace in Macau, as well as Wynn Las Vegas and Encore in Las Vegas. Since Wynn Resorts is highly leveraged to the gaming activity in Macau, it saw its earnings collapse and it cut its dividend by 62% in 2015-2016 due to the Macau downturn that was caused by the anti-corruption regulatory crackdown in the area. But as Macau strongly recovered in the last three years, Wynn Resorts returned to growth.

Unfortunately, the company is now facing the headwind of coronavirus in all the regions in which it operates. Wynn Resorts reported earnings results for the second quarter on 8/4/2020. Revenue declined 95% year-over-year to $85.7 million, which was $190 million less than expected. The company lost $6.14 per share in the quarter, missing estimates by $1.23. Adjusted property EBITDA was a loss of $322.9 million compared to estimates of a loss of $314 million. This compared unfavorably to adjusted EBITDA of $480.6 million in the second quarter of 2019.

Results for Wynn Resorts were once again severely impacted by the COVID-19 pandemic as properties in Macau were closed for 15 days. Las Vegas operations didn’t open until June 4th.Wynn Palace revenues declined 98.6% as a result. Revenues for Wynn Macau decreased 97.8% while Las Vegas decreased 86% year-over-year. Wynn Resorts suspended its dividend in an e

Best Online Gambling Stocks