Casino Stocks To Consider – July 2nd

Flutter Entertainment, DraftKings, Wynn Resorts, MGM Resorts International, and International Game Technology are the five Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are publicly traded shares of companies that own or operate casinos, gaming resorts, and related hospitality or online gambling platforms. They offer investors exposure to the gaming and entertainment sector, with performance driven by consumer discretionary spending, tourism trends, and regulatory changes in the gambling industry. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

Shares of Flutter Entertainment stock traded down $4.92 during trading on Wednesday, reaching $279.84. The company’s stock had a trading volume of 1,045,643 shares, compared to its average volume of 2,079,167. The business has a 50 day moving average price of $253.01 and a 200-day moving average price of $253.26. Flutter Entertainment has a 12-month low of $175.59 and a 12-month high of $299.73. The company has a market capitalization of $49.45 billion and a P/E ratio of 96.83. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.67.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

DraftKings stock traded down $1.10 during midday trading on Wednesday, reaching $40.89. The company’s stock had a trading volume of 6,444,166 shares, compared to its average volume of 9,647,648. The firm has a market capitalization of $36.36 billion, a PE ratio of -49.26, a P/E/G ratio of 1.10 and a beta of 1.67. DraftKings has a fifty-two week low of $28.69 and a fifty-two week high of $53.61. The stock’s 50 day simple moving average is $36.75 and its 200 day simple moving average is $38.46. The company has a debt-to-equity ratio of 2.11, a quick ratio of 1.20 and a current ratio of 1.20.

Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.

WYNN traded up $1.86 on Wednesday, hitting $103.82. 832,300 shares of the company were exchanged, compared to its average volume of 2,591,768. The business’s fifty day moving average is $88.57 and its 200 day moving average is $85.26. The firm has a market capitalization of $10.85 billion, a P/E ratio of 28.84, a price-to-earnings-growth ratio of 2.64 and a beta of 1.37. Wynn Resorts has a fifty-two week low of $65.25 and a fifty-two week high of $107.81.

MGM Resorts International (MGM)

MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and internationally. The company operates through three segments: Las Vegas Strip Resorts, Regional Operations, and MGM China. Its casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.

Shares of NYSE:MGM traded up $0.55 on Wednesday, hitting $37.44. The company had a trading volume of 1,726,959 shares, compared to its average volume of 4,924,532. The company has a market cap of $10.19 billion, a PE ratio of 16.71, a PEG ratio of 2.28 and a beta of 1.76. The business has a 50 day moving average of $32.74 and a 200 day moving average of $32.80. MGM Resorts International has a 52-week low of $25.30 and a 52-week high of $47.26. The company has a current ratio of 1.31, a quick ratio of 1.26 and a debt-to-equity ratio of 1.79.

International Game Technology (IGT)

International Game Technology PLC operates and provides gaming technology products and services in the United States, Canada, Italy, The United Kingdom, rest of Europe, and internationally. It operates through three segments: Global Lottery, Global Gaming, and PlayDigital. The company designs, sells, operates, and leases a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services, as well as iLottery solutions and services.

NYSE IGT traded up $0.68 during mid-day trading on Wednesday, reaching $16.49. 3,545,195 shares of the stock were exchanged, compared to its average volume of 1,327,558. The business’s fifty day simple moving average is $15.73 and its 200 day simple moving average is $16.54. The company has a debt-to-equity ratio of 2.74, a quick ratio of 2.43 and a current ratio of 2.48. The stock has a market capitalization of $3.33 billion, a PE ratio of 11.45 and a beta of 1.52. International Game Technology has a 1-year low of $13.81 and a 1-year high of $24.13.