iGaming Stocks: Funding Raised & Growth Plans

Best US iGaming Stocks

Investing in iGaming Stocks

Key Highlights:

  • Investment Opportunity: Investing in iGaming stocks allows partial ownership of companies in the casino industry, enabling investors to profit from their growth.
  • Options for US Investors: Suitable options for investing in iGaming stocks in the US include Churchill Downs Incorporated, Eldorado Resorts, Penn National Gaming, Las Vegas Sands Corp, and MGM Resorts International.

Churchill Downs Incorporated

  • Sports: Offers varied betting selections with more than 3,000 racing machines and an online sportsbook.
  • Gaming: Operates physical casinos in eight states and an online gaming platform.
  • Financial Performance: Stocks offered an ROE of 45.43% and a net margin of 16.95%.

Eldorado Resorts

  • Physical Casino Hotels: Operates the Atlantis Casino Resort Spa in Reno, Nevada, and the Monarch Casino Resort Spa in Black Hawk, Colorado.
  • Financial Performance: ROE of 17.41% and a net margin of 16.44%.

Penn National Gaming

  • Physical and Online Casinos: Operates physical casinos and online casinos for interactive social experiences.
  • Financial Performance: ROE of 36.97% and a net margin of 16.58%.

Las Vegas Sands Corp

  • Casino Resorts: Owns and operates casino resorts in Macao and Singapore, with a focus on all-rounded experiences.
  • Financial Performance: ROE of 34.40% and a net margin of 11.77%.

MGM Resorts International

  • Casino Resorts: Owns and operates casino resorts in the US and offers online casino experiences.
  • Financial Performance: ROE of 20.51% and a net margin of 7.07%.

Choosing the Right Investment

  • Assess Financial Goals: Consider whether you are investing for dividends or to sell shares, and evaluate dividend strength, projected earnings growth, and overall sustainability of the stocks.