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.