undamentalytics Newsletter

Casinos & Gaming stocks

23 US-listed companies in casinos & gaming, with $102.5bn of combined revenue in their latest fiscal years. MGM Resorts is the largest ($17.5bn). The fastest grower with at least $100m of revenue in both years is Draftkings Inc., up 27.0%. The median company grew 7.0% with a net margin of 2.9%.

Companies23
Combined revenue$102.5bn
Median revenue growth7.0%
Median net margin2.9%
Median return on equity9.6%
#CompanyRevenueGrowthNet marginROEFiscal year
1 MGM ResortsMGM $17.5bn 1.7% 1.2% 7.5% 2025
2 Flutter Entertainment plcFLUT $16.4bn 16.6% −1.9% −3.4% 2025
3 Las Vegas SandsLVS $13.0bn 15.2% 12.5% 72.7% 2025
4 Caesars Entertainment, Inc.CZR $11.5bn 2.1% −4.4% −13.1% 2025
5 Wynn ResortsWYNN $7.1bn 0.1% 4.6% — 2025
6 Penn Entertainment, Inc.PENN $7.0bn 5.8% −12.1% −35.9% 2025
7 Draftkings Inc.DKNG $6.1bn 27.0% 0.1% 0.5% 2025
8 Melco Resorts & Entertainment LTDMLCO $5.2bn 11.3% 3.6% — 2025
9 Boyd Gaming CorpBYD $4.1bn 4.1% 45.0% 88.0% 2025
10 Churchill Downs IncCHDN $2.9bn 7.0% 13.1% 36.6% 2025
11 Brightstar Lottery PLCBRSL $2.5bn −0.0% 5.9% 11.6% 2025
12 Super Group (sghc) LtdSGHC $2.2bn 21.6% 9.7% 31.4% 2025
13 Red Rock Resorts, Inc.RRR $2.0bn 3.7% 9.3% 88.8% 2025
14 Accel Entertainment, Inc.ACEL $1.3bn 8.1% 3.9% 19.6% 2025
15 Rush Street Interactive, Inc.RSI $1.1bn 22.8% 2.9% 29.5% 2025
16 Studio City International Holdings LtdMSC $695m 8.7% −8.5% −10.5% 2025
17 Century Casinos IncCNTY $573m −0.5% −10.7% — 2025
18 Monarch Casino & Resort IncMCRI $545m 4.4% 18.6% 19.2% 2025
19 Full House Resorts IncFLL $302m 3.5% −13.3% −186.8% 2025
20 Codere Online Luxembourg, S.a.CDRO $238m 9.5% 0.6% 5.0% 2025
21 Bragg Gaming Group Inc.BRAG $120m 8.7% −7.7% −12.3% 2025
22 Canterbury Park Holding CorpCPHC $60m −3.2% −0.9% −0.6% 2025
23 High Roller Technologies, Inc.ROLR $20m −11.9% 15.5% 41.2% 2025

Medians cover companies with at least $100m of revenue (growth: in both years). Growth is the latest fiscal year against the year before and includes acquisitions.

Other consumer discretionary industries

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.