Gambling companies are of interest not only to gamblers – they are also a great investment opportunity. Indeed, given the fact that the gambling market is expected to grow to $580.36 billion by the end of 2024 at a CAGR of 7.4%, the shares of its representatives – gambling operators (both offline and online), gambling media companies, and casino games providers – look extremely promising to investors.
As for us, the SlotsUp’s team of experts – Maryna Mykhailiuta, Matthew Gover, Milena Petrovska, and Charles Perrin – we have decided to conduct a comprehensive overview of the largest players in this market to evaluate their prospects for the near future. We sincerely hope that this research and analysis will assist you in making informed decisions about whether specific stocks are worth investing in or not.
For more detailed information about the SlotsUp project, which truly cares about helping players find the best options and obtain accurate information, please visit the information page about SlotsUp.
Gambling Operators
Let’s start with an overview of first-string gambling operators – Las Vegas Sands, MGM Resorts, Galaxy Entertainment, Caesars Entertainment, Penn Entertainment, Golden Entertainment, Flutter Entertainment, Entertain Group, Betsson AB, LeoVegas AB, Kindred Group, and 888 Holdings. The choice of these particular operators is not accidental – their stocks are publicly traded and are presented both on well-known stock exchanges like the New York Stock Exchange, and at less widespread online brokers. So, how much do their stocks cost today? And what can we expect next year – growth or decline in their shares?
Offline Casino Operators
Las Vegas Sands
Las Vegas Sands is the world’s largest and most profitable international gambling holding, founded in 1988 in the USA. Despite the death of the founder of Las Vegas Sands, Sheldon Adelson, and the sale of shares by his widow, Miriam Adelson, by the end of 2023, the holding generated an annual income of about $15 billion, and it is important to note that any gambling company in the world has not yet achieved such indicators.
- Despite the passing of founder Sheldon Adelson and the sale of shares by his widow, Miriam Adelson, LVS maintained and even increased its income during the COVID-19 pandemic.
- While other US casino and gaming companies experienced declines in share prices ranging from 20% to 50%, LVS saw a notable rise of 23% in its shares.
- The company’s shares closed at $59.00 in 2023, marking a significant increase of 31.84% over the last 52 weeks.
- Chairman and CEO Robert G. Goldstein expressed satisfaction with the company’s financial and operating results, citing ongoing improvements in key markets like Macao and Singapore.
As of the time of writing this article, today, the price of one LVS share is $50.48. Given the fact that the company managed not to lose money even during the pandemic, its shares can be considered extremely profitable for investment.
MGM Resorts
Being a global hospitality and entertainment company, MGM Resorts International properties include a range of resorts offering a combination of gaming, hospitality, entertainment, and dining experiences. It’s also worth mentioning that the company is developing actively in online gaming and sports betting.
- MGM Resorts International has maintained an annual return of 7.10% over the past decade despite challenges like the COVID-19 pandemic.
- The company faced difficulties in 2020, including laying off 18,000 employees.
- Despite challenges, the share price of MGM Resorts International increased by 6.68% in the last 12 months.
- The company’s revenue in 2023 amounted to $16.20 billion, marking a significant 23.7% increase from the previous year.
- Offline activities in Las Vegas remain a crucial source of profit for MGM Resorts International, with a 4.8% annualized growth in revenue in this segment.
Currently, on the foreign market, one share of this company costs $44.88. Overall, MGM Resorts has a Strong Buy consensus rating, meaning that even with short-term price declines, the stock is a long-term upside pick.
Galaxy Entertainment
Galaxy Entertainment Group Limited is a global resort and casino operator aiming to provide a top-level entertainment experience. In recent years, the company has been focusing on innovating the gaming experience by opening smart rooms and providing its visitors with high-tech entertainment options – for example, in 2023, the company received the Gold Award for Climate Change Initiative in the Sustainability and Social Responsibility Categories.
- Impact of COVID-19: The COVID-19 pandemic necessitated a reduction in the company’s workforce to 19,000, representing a 14% decrease compared to pre-pandemic levels.
- Share Price Performance: Long-term shareholders experienced a significant decline in share price, dropping by 29% over the past three years, exceeding the general market stagnation estimated at 16%.
- Recent Share Performance: In the last quarter, GEG shares lost 12% of their foreign market value, indicating short-term challenges in the company’s stock performance.
- Company’s Position in the Industry: Despite these challenges, Galaxy Entertainment remains among the top three leading international companies in the gambling business.
- Revenue Growth: Notably, in the third quarter of 2023, the company’s net revenue experienced a remarkable increase of 374% compared to the same period the previous year, reaching $9.7 billion.
- Investment Prospects: The significant revenue growth suggests positive investment prospects for Galaxy Entertainment, despite short-term fluctuations in share price performance.
Today, the market price of one GEG share is 43,050 HKD, which is still a bargain – it is reflected in the company’s rating gradually approaching the “Strong Buy” mark.
Caesars Entertainment
As one of the leading American gaming and hospitality companies, Caesars Entertainment is focused on the development, ownership, and operation of gaming facilities, hotels, and entertainment venues with more than 50 properties in general.
- Impact of COVID-19: The COVID-19 pandemic had a significant negative impact on the company’s operations, resulting in $2 billion in losses.
- Revenue Growth in 2023: Despite the challenges posed by the pandemic, Caesars Entertainment reported a notable increase in revenue for 2023, reaching $11,524 billion, representing an 8.81% year-over-year increase.
- Steady Profit Growth: The company’s profit has been steadily increasing over recent years, with substantial growth rates observed in 2021 and 2022. In 2021, profit surged by 163.78% compared to the previous year, and in 2022, it increased by 13.07%.
- Long-term Investment Potential: The gradual increase in annual revenue, coupled with the steady profit growth, suggests that Caesars Entertainment’s shares may be a viable option for long-term investments.
Today, the company’s share price is $43.41, and the company itself has a Zacks Rank of #3 (Hold), which could be a top pick for growth investors.
Penn Entertainment
Penn Entertainment, an American operator of integrated entertainment, sports content, and casino gambling, can boast over 40 properties in 20+ states. Among its child brands are Hollywood Casino, Ameristar, and Boomtown.
- Impact of COVID-19: Penn Entertainment faced financial difficulties during the COVID-19 pandemic, primarily due to resort closures, leading to the sale of land occupied by the Tropicana Las Vegas in 2020.
- Digital Expansion: Despite the challenges, the company focused on expanding its digital presence by launching the Barstool Sportsbook mobile app in 2021 and acquiring Score Media and Gaming, a developer of theScore sports media app.
- Financial Performance: Q4 2023 results showed a total revenue of $1.4 billion, marking a 12% drop compared to the previous year’s fourth-quarter revenue of $1.59 billion. However, in Q1 2024, the company experienced a 2.57% year-over-year revenue growth.
- As for falling stock prices, analysts say it’s primarily due to Penn’s split with former Barstool partner and advertising spending to relaunch ESPN Bet.
Now, its stock price is estimated at $21.63, which is a good option for risky investors focused on companies with a “Moderate Buy” rating.
Golden Entertainment
An American tavern operator and largest slot route operator, Golden Entertainment, was formed in 2015 by the merger of Golden Gaming and Lakes Entertainment. Its main activities are dedicated to casino gaming, distributed gaming (slot machines located in non-casino properties, like stores, bars, and so on), resort operations, as well as entertainment events and shows.
- Financial Recovery: Despite the challenges posed by COVID-19 restrictions, Golden Entertainment was able to significantly improve its financial performance. In Q3 2021, the company achieved a net profit of $29.1 million, compared to a net loss of $7.0 million in the same period in 2020.
- Revenue and Net Income: In Q3 2023, Golden Entertainment reported revenue of $257.7 million, along with a net income of $241.2 million. However, this net income figure represents a decrease compared to the $279.0 million earned in Q3 2022.
- Stock Market Price: Currently, the stock market price of Golden Entertainment stands at $38.05. Despite this, the company’s stocks are seen as promising due to its fast recovery after pandemic restrictions and recent business transactions, such as the sale of its distributed games business in Nevada. This development is expected to have a positive impact on shareholders’ capital growth in the near future.
Overall, Las Vegas Sands had the most significant percentage growth in 2023 among the mentioned operators, while others either experienced growth without specific percentage figures provided or faced declines in revenue in certain quarters.
Online Casino Operators
Flutter Entertainment
Beсoming the merger of Paddy Power and Betfair in Ireland in 2016, today, Flutter Entertainment is a major player in the online gambling industry. Now, it provides a wide range of online betting and gaming services, including sports betting, online casinos, poker, and so on. Among its child brands are Paddy Power, Betfair, Adjarabet, Sportsbet, and FanDuel, strengthening the company’s position in gambling markets of the UK, Ireland, Australia, and the US.
- Revenue Growth: Flutter Entertainment experienced significant revenue growth during the COVID-19 period and throughout the last financial year. In Q1 2020, there was a notable 16% year-on-year increase in revenue, attributed to the closure of offline casinos worldwide due to the pandemic. Moreover, in 2023, the company achieved a remarkable 25% year-on-year increase in revenue, amounting to £9.51 billion. This growth was mainly driven by a substantial 38% revenue increase from operations in the US.
- Profitable Business: Despite challenges in certain regions such as Australia, Flutter Entertainment’s overall business for 2023 remained profitable. The company’s revenue growth in the fourth quarter of 2023, which increased by 15%, serves as a positive indicator for investors.
Today, its stock price is $216.50, but it fluctuates frequently. That means that this company can be considered an undoubtedly good choice for long-term investors – it has a consensus rating of “Moderate Buy” only.
Entain Group
A multinational company, Entain plc, headed by Shay Segev and aimed at responsible and secure gambling, has both online and retail businesses in various niches, such as sports betting, casino games, poker, and bingo, in the UK and various EU countries. As many companies, described above, to retain its strong position in the market, it launched/acquired a lot of brands: Ladbrokes, Coral, Bwin, Sportingbet, PartyPoker, and Foxy Bingo are among them.
.
- Revenue in 2023: The most important thesis in this text is the revenue obtained by the company during the last financial year, which ranged between US$1.8-US$2.0 billion. This figure indicates the financial performance and scale of the company’s operations during that period.
- Successful Placement of New Shares: Another crucial point highlighted is the successful placement of 48.8 million new shares in 2023. This action enabled the company to raise approximately £600 million, which is significant for financing strategic investments and acquisitions, such as the acquisition of STS Holdings.
- Strengthening Capital: The issuance of new shares and the subsequent capital raise are emphasized as measures that will strengthen the capital of investors in the company’s stocks in the long term. This indicates a strategic move to enhance the company’s financial position and potentially drive future growth.
Today, the company’s stock price is 988.40 GBP. According to 12 Wall Street analysts, the company has a consensus rating of Strong Buy, so if you’re looking for a great option for long-term investments, you can pay attention to this one.
Betsson AB
A world-recognized Swedish online gambling company, Betsson AB, operates a diverse range of online gaming products, such as sports betting, casino (slots, table games, live casino), poker, bingo, and other interactive games. Since its formation, it has focused on providing a live-like and safe gaming experience. To cover the needs of all audience segments, it launched/acquired a lot of gambling brands, like Betsson, Betsafe, NordicBet, and CasinoEuro.
- Revenue Growth: The most important thesis in this text is the significant revenue growth reported by Betsson AB, as indicated by the CEO, Pontus Lindwall, in the latest financial report for Q3 2023. The revenue reached €948 million, reflecting a remarkable 22% year-on-year increase. This demonstrates the company’s strong performance and its ability to generate substantial revenue.
- Operating Cash Flow: Another key point highlighted is the annual operating cash flow, which amounted to 230 million EUR. This figure indicates the company’s ability to generate cash from its core operations, which is essential for sustaining and growing its business activities.
- Strength in Foreign Market: Investors may perceive the company positively due to its robust financial performance and growth prospects.
- Prospects for Further Growth: reported revenue growth and operating cash flow not only indicate the company’s current strength but also bode well for its future growth in value. This implies optimism regarding Betsson AB’s potential for continued success and value appreciation in the market.
Nowadays, its stock price is estimated at 99.15 SEK and, the stocks themselves hold buy signals from both short and long-term Moving Averages.
LeoVegas AB
The next Swedish online gambling company, LeoVegas AB, whose main scope is concentrated on providing mobile-first, personalized gaming experience, including casino games, live casino, sports betting, etc. Also, they stand for responsible gambling, providing players with a lot of tools for managing their gaming activities. Today, to cater the needs of all audiences, the company operates under several child brands, as well as the main one, LeoVegas.
- Revenue Performance: revenue performance of LeoVegas, which totaled 98.7 million euros for Q3 2023. The text highlights a 1% decrease compared to the previous year. This indicates the company’s financial performance during the specified period.
- Strategic Moves: Another significant point is LeoVegas’ strategic moves to enhance its position in the market. Specifically, the company received a new gaming license in Germany and sold its 25% stake in the online gambling company BeyondPlay to Bettor Capital for 1.9 million euros. These actions are aimed at strengthening the company’s market position and may have positive implications for its future growth and profitability.
- Impact on Share Position: The text emphasizes that these strategic moves have strengthened the position of LeoVegas’ shares on the market. This suggests that investors may view these actions positively and perceive them as contributing to the company’s overall strength and value.
- Overall Performance: While the revenue decrease is noted, the focus on strategic initiatives and their impact on the company’s share position implies that LeoVegas is actively managing its operations and positioning itself for future growth and success.
Now, the price per its stock is 60.95 SEK, and the stocks themselves have a “Strong Buy” rating that makes them a good choice at least for short-term investments.
Kindred Group
Kindred Group plc, another Swedish online gambling company (the former Unibet Group), operates various online gaming and betting brands (including Unibet, Maria Casino, 32Red, iGame, and others), offering a variety of gambling options, including sports betting, casino games, poker, and bingo.
- Financial Performance: financial performance of the company, specifically highlighted by Henrik Tjärnström, the CEO. In Q3 2023, the company reported £283.9m, indicating a 2% year-on-year increase. Additionally, the total revenue for the company reached GBP 1,210.5 million, showing a significant 13% increase compared to 2022. These figures underscore the company’s financial health and growth trajectory.
- Investment Prospects: The strong financial performance makes the company an attractive option for investors looking to invest in its shares. The consistent growth in revenue, particularly the notable increase from 2022 to 2023, signals positive prospects for the company’s future performance and potential returns for shareholders.
- Implication for Investors: By highlighting the year-on-year increase in revenue and total revenue figures, that investing in the company’s shares could yield favorable returns. This suggests that the company is well-positioned for growth and has the potential to deliver value to shareholders ove time.
Now, its stock costs 122.85 SEK and can be considered a “Strong Buy” option.
888 Holdings
A multinational online gambling company, 888 Holdings plc, is a parent company of such brands as 888casino, 888poker, 888sport, Mr Green, and William Hill. Currently, it offers a variety of gaming services based on patented gaming technology, including casino games, poker, sports betting, and bingo, and provides them to residents of Gibraltar, Spain, Italy, Denmark, Ireland, Romania, Nevada, New Jersey, Delaware, and the United Kingdom.
- Revenue Report by CEO: Per Widerström, the CEO of 888 Holdings, reported revenue results for 2023, with £424 million in the last quarter and £1,711 million for the entire year.
- Year-on-Year Decline: Revenue for 2023 experienced an 8% decline compared to the previous year, attributed mainly to the transition from dot-com markets.
- Implication for Investors: The revenue decline may raise concerns about the company’s financial stability and growth potential, prompting investors to evaluate its strategies and long-term viability.
However, the company’s stock price has been growing steadily recently – now, it is 82.40 GBP, and its stocks themselves can be assessed as a “Strong Buy” option.
As we can see, stability in the growth of their profits (with the exception of only a couple of companies with land-based casinos) is demonstrated only by online gambling operators, which is not surprising since the rest have still not managed to adapt to the post-COVID realities. Moreover, online operators reach large audiences, which causes the rapid increase in their stock prices. Thus, if you are looking for the best long-term investment option among gambling operators, it makes sense to turn first to those that provide their services in the digital plane.
Casino Games Providers
Let’s continue our list with overviews on leading casino games providers.
Playtech PLC
Founded in 1999, Playtech PLC is a world-famous British company developing business intelligence-driven gambling software and ancillary services for the online, mobile, and land-based gaming industry. The company provides software for online casinos, online poker rooms, online bingo games, online sports betting, scratch games, mobile games, live games, and online arcade games. The company is led by Mor Weizer, who has directed its team’s primary focus on providing a seamless cross-platform gaming experience through a unified information management system.
- Promising Start in 2023: Playtech experienced a promising start to 2023, with a reported profit of €859.6 million in revenue during the first half, marking an 8% increase compared to the same period in 2022.
- Revenue Breakdown: A significant portion of the revenue, €532.1 million, was attributed to the Business-to-Consumer (B2C) sector, indicating a strong performance in this segment.
- Consistent Profit Figures: The company maintained consistent profit figures throughout the year, leading to a stable increase in the stock value over the period.
- Expansion Plans for 2024: Playtech has strategic plans to expand its coverage to both the Business-to-Business (B2B) and B2C sectors in 2024, suggesting optimistic prospects for further profit growth.
Today, the price of one Playtech PLC stock is 455.80 GBP. Thus, this asset can be considered a “Strong Buy” option. Note, that this thesis is supported by the London-based brokerage Peel Hunt (and, specifically, their analyst, Ivor Jones): “With Snaitech accounting for the majority of profits and B2B pivoting steadily to regulated markets, Playtech is a much better-quality business than the market gives it credit for.”
Evolution AB
A Swedish casino games provider, Evolution AB, also known as Evolution Gaming, develops and licenses fully integrated, state-of-the-art B2B live casino solutions for online casino operators in Armenia, Belgium, Canada, Georgia, Latvia, Lithuania, Malta, Romania, Spain, and the US. Each of them can boast an immersive gaming experience and unique scripts. Today, the company works under the brand names Evolution, Ezugi, NetEnt, Red Tiger, and Big Time Gaming.
- Strong Revenue Growth: Evolution AB, under the leadership of CEO Martin Carlesund, experienced significant revenue growth, reaching 1.73 billion EUR in the twelve months ending September 30, 2023, marking a substantial increase of 28.25% compared to the previous year.
- Comparison with Previous Year: In comparison, the company’s annual revenue in 2022 was 1.46 billion EUR, reflecting a growth rate of 36.30% year-over-year.
- Positive Outlook: The notable revenue growth suggests a positive outlook for Evolution AB, signaling its ability to capitalize on market opportunities and deliver value to shareholders.
As for the stock price today, it is 1,312.80 SEK. Overall, these stocks are a great investing choice, as the company shows stable revenue growth during the last three years.
IGT
International Game Technology PLC (IGT), an American gaming company formed by the merger of GTECH S.p.A. and International Game Technology in 2015 and currently based in Las Vegas, provides a wide range of products and services within the land-based and online gaming and lottery industries. It focuses on leveraging a wealth of engaging content, tech innovations, player insights, and operational expertise.
- Revenue Increase: The company’s revenue for the twelve months ending September 30, 2023, amounted to $4.273 billion, reflecting a modest yet positive increase of 2.2% compared to the previous year.
- Comparison with Previous Year: In 2022, the company’s revenue was estimated at $4.225 billion, representing a 3.33% increase from the preceding year.
- Financial Stability: The stable income growth indicates financial stability and resilience, which could enhance investor confidence in the company’s performance and prospects.
Now, its stock price is $26.09, and its stocks themselves have a “Moderate Buy” rating, which may be due to a rather slow (but positive) increase.
Light & Wonder
This American company creates immersive content and cross-platform products for both online and land-based casino gaming worldwide, such as slot machines, table games, shuffling machines, and casino management systems.
- Financial Performance: The company’s revenue for the end of 2023 amounted to $2.81 billion, indicating notable growth compared to the previous year.
- Comparison with Previous Years: In 2022, Light & Wonder recorded revenue of $2.51 billion, demonstrating a significant increase from the revenue of $2.15 billion in 2021.
- Business Expansion: The rise in revenue indicates potential business expansion, increased market share, or improved operational efficiency under Matthew Wilson’s leadership.
Today’s stock price of Light & Wonder is $81.16, and the stocks themselves have a “Moderate Buy” rating. Considering that over the last decade, a sharp drop in shares was observed only in 2021, and in recent years the company has experienced only a stable increase in income, we can conclude that this trend will be maintained in the near future.
As you can see, all the companies listed in this section received a “Moderate Buy” rating or higher, which makes them attractive from an investment point of view. At the same time, shares of such market players as Light & Wonder and International Game Technology PLC face frequent fluctuations, which can be a disadvantage for short-term investors.
Gambling Media Companies
Finally, we propose to consider five gambling media companies with the biggest gambling market shares worldwide.
Raketech
Founded in 2010, Raketech, an online affiliate company, operates in the iGaming sector. It provides affiliate marketing services to engage players worldwide within various online gambling and sports betting platforms. The company’s activities are focused on the development of online content, including websites, guides, and other online resources to cover the needs of gambling enthusiasts.
- Financial Figures: The company reported revenue of EUR 7.7 million for Q3 2023, contributing to total year revenues of EUR 21.5 million.
- Organic Growth: Raketech achieved an impressive organic growth rate of 66% year-over-year, indicating significant expansion in its operations.
- Core Segment Performance: The company experienced steady growth in its higher-margin core segment of traditional partner markets, which contributed to record revenue in the third quarter.
- Quarterly Comparison: Raketech’s revenue for the third quarter reached 9.5 million euros, compared to 8.6 million euros in the same quarter of the previous year, highlighting continued improvement.
- Positive Performance: The thesis underscores Raketech’s positive financial performance, suggesting a strong market position and potential for further growth.
Nowadays, its stock price is 15.86 SEK. As the company itself demonstrates an increase in its profits during the last three years, it can be considered a worthy option to invest in.
Gambling.com Group
The next major player from the gambling media industry, Gambling.com Group (it operates under Gambling.com, Bookies.com, and other names), specializes in providing gambling enthusiasts all over the world with information, reviews, and comparison tools to help them make data-driven decisions when choosing online betting platforms.
- Financial Performance: The company’s income in Q3 2023 exceeded expectations, reaching $23.5 million.
- Quarterly Comparison: There was a notable increase of 19% in income compared to Q3 2022, which stood at $19.6 million.
As for the stock price, today, it is $9.05. Since 2019, the company has demonstrated an annual increase in its capitalization, therefore it is a very profitable option for investment.
Better Collective Group
Better Collective’s activities are aimed at providing relevant educational materials and tools for gamblers across the continents. This company operates under several brands, such as Bettingexpert.com, SmartBets.com, and MyBettingSites.com.
- Strong Revenue Growth: Better Collective’s impressive 26% year-on-year revenue growth achieved in Q3 2023.
- Exceeding Forecasts: The company not only surpassed its own annual revenue projections but also exceeded the upper end of the predicted range.
Now, its stock price is 296.50 SEK. Overall, since the beginning of the COVID-19 pandemic, the company has shown a stable increase in its income, which makes it an excellent choice for long-term investment.
GiG Media
One of the leading affiliates in iGaming and a part of Gaming Innovation Group, GiG Media, headed by CEO Jonas Warrer, is a pioneering iGaming company that provides world-class solutions to online gambling operators worldwide. Since 2012, it has represented itself as the industry-leading platform, sportsbook, and media provider.
- Revenue Growth: emphasizes the significant revenue growth experienced by the company during Q3 2023, reaching €31.8 million, and €89.1 million for the entire year of 2023.
- Contribution of Publishing Activities: It indicates that the primary driver of this revenue growth compared to 2022 was income from publishing activities. This suggests that the company’s publishing ventures were particularly successful during the specified period.
- Positive Impact on Investors: The increase in revenue had a positive impact on investor confidence, as evidenced by the notable growth in the number of investors by 34.0% in 2023. This suggests that investors were attracted to the company due to its strong financial performance and potential for growth.
The current stock price is 29.95 SEK. The company’s net income has been in the positive since 2021, and this short period of success gives its stocks a “Moderate Buy” rating.
Catena Media
iGaming company Catena Media is focused on providing affiliate marketing services, as well as developing and delivering high-end online content for iGaming operators. Its child brands are AskGamblers, CasinoTop10, and RightCasino – online platforms providing comprehensive recommendations, guides, and overviews of online companies operating in the online gambling sector.
- Revenue Decrease: underscores the significant decline in revenue experienced by Catena Media, with a 28% year-on-year decrease to €15.9 million in Q3 2023 and a further 41% decrease to €14.5 million in Q4 2024. This indicates a concerning trend of declining revenue over consecutive quarters.
- Stock Price Decline: The decrease in revenue directly affected the company’s stock price, resulting in a reduction of almost 22%. This highlights the immediate impact of financial performance on the valuation of the company in the stock market.
Now, its stock price is 9.92 SEK with a “Buy” rating; however, this company is not yet worth considering for long-term investment.
With the exception of the last representative of the gambling media, Catena Media, the rest of the companies listed in this paragraph can be considered good objects for long-term investment. In general, given the desire of gamblers around the world to increase their level of awareness in the iGaming sector, gambling media holdings and corporations will demonstrate stable growth in their income in the coming years.
Final Thoughts
| Company’s Name | 2022-2023 revenue Dynamics | Yahoo Rating |
| Las Vegas Sands | +31.84% | Buy |
| MGM Resorts | +23.7% | Strong Buy |
| Galaxy Entertainment | +2.57% | Buy |
| Caesars Entertainment | +8.81% | Hold |
| Penn Entertainment | -12% | Buy |
| Golden Entertainment | -7.62% | Buy |
| Flutter Entertainment | +25% | Buy |
| Entain Group | +7% | Buy |
| Betsson AB | +22% | Buy |
| LeoVegas AB | -1% | Strong Buy |
| Kindred Group | +13% | Strong Buy |
| 888 Holdings | -8% | Strong Buy |
| Playtech PLC | +8% | Strong Buy |
| Evolution AB | +28.25% | Buy |
| IGT | +36.30% | Hold |
| Light & Wonder | +2.2% | Buy |
| Raketech | +66% | Strong Buy |
| Gambling.com | +50% | Strong Buy |
| Better Collective Group | +26% | Buy |
| GiG Media | +40.8% | Buy |
| Catena Media | -41% | Buy |
We hope that we have helped you highlight the leading players in all sectors related to gambling activities, and now, you can make an informed choice in favor of stocks of a particular company. Also, we emphasize that based on the stock prices of individual representatives of the gambling industry, their purchases can become affordable even for investors with a limited budget. In general, if you like any of the above companies, we recommend additionally monitoring their success over the last period since both positive and negative changes may have occurred since the writing of this article.
