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Considering investing in gambling stocks? While the best gambling stocks depend on your portfolio and investment goals, we've identified some gambling stocks that are worth keeping an eye on in the betting sector. Keep reading to learn more about gambling stocks and how to start investing.
11 popular gambling stocks to watch
We round up a selection of stocks in or related to the betting industry, weighting the list more heavily towards popular mid- and large-cap stocks.
| Best stock | 1-year return | Market cap | Exchange | Volume | Buy now on CIBC Investor's Edge |
|---|---|---|---|---|---|
| Scientific Games Corporation (SGMS.US) | (data unavailable) | $5.6 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| DraftKings (DKNG.US) | -22.95% | $16.5 billion (USD) | NASDAQ | 11,888,000 | Buy now |
| Penn National Gaming (PENN.US) | (data unavailable) | $2.2 billion (USD) | NASDAQ | (data unavailable) | Buy now |
| MGM Resorts International (MGM.US) | -3.53% | $9.7 billion (USD) | NYSE | 2,503,197 | Buy now |
| Las Vegas Sands (LVS.US) | 24.22% | $47.7 billion (USD) | NYSE | 6,380,778 | Buy now |
| Flutter Entertainment PLC ADR (PDYPY.US) | (data unavailable) | $36.7 billion (USD) | PINK | (data unavailable) | Buy now |
| Boyd Gaming Corporation (BYD.US) | (data unavailable) | $6.7 billion (USD) | NYSE | (data unavailable) | Buy now |
| Ballys (BALY.US) | (data unavailable) | $857.9 million (USD) | NYSE | (data unavailable) | Buy now |
| Gan (GAN.US) | (data unavailable) | $91.5 million (USD) | NASDAQ | (data unavailable) | Buy now |
| Everi (EVRI.US) | (data unavailable) | $1.2 billion (USD) | NYSE | (data unavailable) | Buy now |
| 500-com (WBAI.US) | (data unavailable) | $795.1 million (USD) | NYSE | (data unavailable) | Buy now |
What to look for when investing in gambling stock
The betting industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering gambling stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.
Also keep in mind that, while volatility can be ideal for day traders, long-term investors will want to look for stocks to offer steadier gains over time.
How to invest in gambling stock
- Research the betting industry. Before investing, learn about the gambling stock sector, its trends and the companies within it. Look at each company's financial health, potential for growth and past performance to identify stocks that fit your investment goals.
- Choose a stock trading platform. Compare trading fees, access to trading tools and user interface options. We've identified reliable trading platforms to help narrow down your options below or check out the best stock trading apps in Canada to find one that suits your needs.
- Open and fund your account. Sign up with your personal details and link a bank account or funding method to deposit money before you start trading.
- Select the gambling stock(s) to buy. Search by company name or ticker symbol, like SGMS or DKNG. Compare key metrics such as market cap, price history and earnings per share to pick the best stock for your strategy.
- Buy the stock and monitor performance. Place your order to buy the stock and track its performance over time. Consider setting alerts, signing up for industry newsletters or using platform research tools to stay up to date on market changes.
Our top picks for where to buy gambling stocks
Low margin rates
- Access to international stock exchanges
- Low margin rates
- Powerful research tools
Are gambling stocks a good investment?
While it's possible to turn a profit investing in gambling stocks, keep in mind that—like any investment—gambling stocks are not immune to risk. These stocks are subject to fluctuating conditions both in the market and in the betting industry, so carefully vet your picks before you invest.What are the best gambling stocks?
A lot of factors go into picking the best gambling stocks. Stock performance can be impacted by factors like market conditions, company decisions and global events. Plus, what may be a strong gambling stock investment for one person might not be suitable for another.
That said, we rounded up this list of popular gambling stocks in or related to the betting industry to help narrow down your options:
- Scientific Games Corporation (SGMS)
- DraftKings (DKNG)
- Penn National Gaming (PENN)
- MGM Resorts International (MGM)
- Las Vegas Sands (LVS)
- Flutter Entertainment PLC ADR (PDYPY)
- Boyd Gaming Corporation (BYD)
- Ballys (BALY)
- Gan (GAN)
- Everi (EVRI)
- 500-com (WBAI)
Keep in mind that this is not a "best" list or a recommendation. It highlights some gambling stocks for informational purposes only and does not indicate past or future performance or investment advice. We do not guarantee any investment performance.
We've outlined detailed company and stock performance details for each gambling stock below. Keep reading to decide if any of these companies are the right investment for you.
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.
| Market Capitalization | $5.6 billion |
|---|---|
| Gross profit (TTM) | $1.5 billion |
| Profit margin | 17.23% |
| Revenue (TTM) | $2.2 billion |
| Earnings per share (TTM) | $3.79 |
DraftKings (DKNG)
DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting, daily fantasy sports, media, digital lottery courier, media, and other products, as well as retails sportsbooks.
| Closing stock price | $34.55 |
|---|---|
| Market Capitalization | $16.5 billion |
| Gross profit (TTM) | $2.4 billion |
| Profit margin | -4.90% |
| Revenue (TTM) | $5.5 billion |
| Earnings per share (TTM) | -$0.54 |
| 52-week stock price range | $26.23 – $53.61 |
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.
| Market Capitalization | $2.2 billion |
|---|---|
| Gross profit (TTM) | $2.7 billion |
| Profit margin | -13.24% |
| Revenue (TTM) | $6.8 billion |
| Earnings per share (TTM) | -$6.08 |
| 52-week stock price range | $13.24 – $23.08 |
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.
| Closing stock price | $35.54 |
|---|---|
| Market Capitalization | $9.7 billion |
| Gross profit (TTM) | $7.7 billion |
| Profit margin | 0.40% |
| Revenue (TTM) | $17.3 billion |
| Earnings per share (TTM) | $0.20 |
| 52-week stock price range | $25.30 – $41.32 |
Las Vegas Sands (LVS)
Las Vegas Sands Corp. , together with its subsidiaries, owns, develops, and operates integrated resorts in Macao and Singapore. The company owns and operates The Venetian Macao Resort Hotel, The Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, and The Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore.
| Closing stock price | $66.88 |
|---|---|
| Market Capitalization | $47.7 billion |
| Gross profit (TTM) | $9.8 billion |
| Profit margin | 12.69% |
| Revenue (TTM) | $12.3 billion |
| Earnings per share (TTM) | $2.22 |
| 52-week stock price range | $29.72 – $70.45 |
Flutter Entertainment PLC ADR (PDYPY)
Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; lottery; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.
| Market Capitalization | $36.7 billion |
|---|---|
| Gross profit (TTM) | $4.5 billion |
| Profit margin | -0.62% |
| Revenue (TTM) | $9.1 billion |
| Earnings per share (TTM) | -$0.21 |
Boyd Gaming Corporation (BYD)
Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States and Canada. It operates through Las Vegas Locals, Downtown Las Vegas, Midwest & South, and Online segments. The company owns and operates casinos; Boyd Interactive, an online casino gaming business; and a travel agency.
| Market Capitalization | $6.7 billion |
|---|---|
| Gross profit (TTM) | $2.5 billion |
| Profit margin | 46.02% |
| Revenue (TTM) | $4.1 billion |
| Earnings per share (TTM) | $22.47 |
| 52-week stock price range | $58.67 – $88.49 |
Ballys (BALY)
Bally's Corporation operates as a casino-entertainment company. The company operates through Casinos & Resorts, International Interactive, and North America Interactive segments. It owns and manages casinos in the United States, a golf course in New York, a horse racetrack in Colorado, and holds OSB licenses in 13 jurisdictions in North America.
| Market Capitalization | $857.9 million |
|---|---|
| Gross profit (TTM) | $1.4 billion |
| Profit margin | -17.41% |
| Revenue (TTM) | $2.5 billion |
| Earnings per share (TTM) | -$18.23 |
| 52-week stock price range | $8.46 – $20.74 |
Gan (GAN)
GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to iGaming and online sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company offers GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real money internet gambling (RMiG), online sports gaming, and virtual simulated gaming.
| Market Capitalization | $91.5 million |
|---|---|
| Gross profit (TTM) | $91.9 million |
| Profit margin | -7.95% |
| Revenue (TTM) | $133.7 million |
| Earnings per share (TTM) | -$0.24 |
| 52-week stock price range | $1.65 – $1.97 |
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.
| Market Capitalization | $1.2 billion |
|---|---|
| Gross profit (TTM) | $590.4 million |
| Profit margin | 1.92% |
| Revenue (TTM) | $749.9 million |
| Earnings per share (TTM) | $0.16 |
| 52-week stock price range | $13.17 – $14.25 |
500-com (WBAI)
500. com Limited, through its subsidiaries, provides online gaming services primarily in the People's Republic of China and Europe. It operates online gaming sites, such as Multilotto.
| Market Capitalization | $795.1 million |
|---|---|
| Gross profit (TTM) | $5 million |
| Revenue (TTM) | $21.8 million |
| Earnings per share (TTM) | -$1.27 |
Compare trading platforms to buy gambling stock
Compare special offers, low fees and a wide range of investment options among popular trading platforms in Canada. Note that the dollar amounts in the table below are in CAD.
5 of 5 results
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—it's that simple.
Bottom line
If you're considering adding gambling stocks to your portfolio, make sure you thoroughly look into any companies before investing to help mitigate risk. We've compiled a list of gambling stocks to help narrow down your options. Then choose a legitimate stock trading platform to start investing. After that it comes down to monitoring the betting industry to know when to buy, sell or hold.
Related: How to buy stocks in Canada
Frequently asked questions about gambling stocks
Sources
Check these other commodities and investment sectors
If you're thinking about diversifying your portfolio and investing in sectors beyond gambling stocks, here are some others you can consider:
B
C
G
H
S
Important information: Powered by Finder.com. This information is general in nature and is no substitute for professional advice. It does not take into account your personal situation. This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, 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 most investors. You do not own or have any interest in the underlying asset. Capital is at risk, including the risk of losing more than the amount originally put in, market volatility and liquidity risks. Past performance is no guarantee of future results. Tax on profits may apply. Consider the Product Disclosure Statement and Target Market Determination for the product on the provider's website. Consider your own circumstances, including whether you can afford to take the high risk of losing your money and possess the relevant experience and knowledge. We recommend that you obtain independent advice from a suitably licensed financial advisor before making any trades.
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