Saturday, March 31, 2018

Casino / gaming companies

ETF (avg daily vol)  
BJK   VanEck Vectors Gaming ETF  (34K)

(by market cap) 
Ticker  Company name Mkt Cap (USD)
  1. LVS Las Vegas Sands 27.45B
  2. MGM MGM Resorts  12.67B
  3. MLCO Melco Resorts & Entertainment 10.57B  (previously known as Melco Crown Entertainment (MPEL) ) 
  4. WYNN Wynn Resorts 9.40B
  5. RRR Red Rock Resorts 2.20B
  6. CZR Caesars Entertainment  3.01B
  7. TSG   The Stars Group  2.57B
  8. TPCA   Tropicana Entertainment  1.72B
  9. BYD Boyd Gaming 2.22B
  10. PENN Penn Entertainment 1.37B; formerly known as Penn National Gaming; changed its name in Aug 2022.
  11. GDEN  Golden Entertainment   518.51M
  12. MCRI Monarch Casino & Resort 317.50M
  13. CNTY Century Casinos 160.89M; casinos in the United States, Canada, and Poland.
  14. TWOC Trans World 25.59M

++DKNG   Draft Kings  first pure play in sports betting
++SKLZ   Skillz is a mobile gaming/esports platform where users can compete and game developers share revenue.
+Light & Wonder (LNW)

change from open - finviz,BYD,BYI,LVS,PENN,WYNN,MGM,MCRI,CZR,ASCA,PNK&ta=0&o=-changeopen

**click for live daily chart


  • Melco Crown Entertainment (MPEL) was renamed Melco Resorts & Entertainment (MLCO) (March 2017)

  • Empire Resorts (Nasdaq:NYNY) acquired by Kien Huat Realty (51% stak) and Genting Malaysia (49%). (Nov 2019)
  • Eldorado Resorts (ERI) acquired Caesars Entertainment for $18 billion.(June 2019); Eldorado operated 26 assets, while Caesars controlled 53. Eldorado  changed its name to Caesars Entertainment.
  • Pinnacle Entertainment (PNK) was acquired by Penn National Gaming (PENN) for $2.8 billion.(Dec 2017)
  • Bally Technologies (BYI) acquired by Scientific Games (SGMS) in 2014.  In 2021, SG sold its sports betting division to Endeavor Group Holdings (NYSE: EDR) for $1.2 billion, and sold its lottery division to Brookfield Business Partners (NYSE: BBU) for $6.1 billion.  As the divested lottery business took the Scientific Games name, the company announced in March 2022 that it would rebrand as Light & Wonder (LNW).

Online gambling includes activities like poker, casinos (where traditional games are played like blackjack, roulette, etc), sports betting, bingo and lotteries. Sports betting’s and casinos make the largest amount of money.

Market growth

The market is USD 46.7 billion in 2018 and is estimated to reach USD 89.00 billion by 2025, at a CAGR of 9.65%. The use of mobile devices for online gambling purposes is increasing. The market growth for this industry is very geography specific.

Geography wise growth

More than 80 nations have legalized online gambling and Europe has the largest online gambling market in the world, and this is just going to increase as Netherlands adopts new online gambling regulations. In Asia Pacific region, the online gambling sector has not grown much, as there has been no scope. In countries like Singapore, the government has made all sorts of gambling illegal and thus no market as such. In China and South Korea also gambling sites working illegally were arrested. While in the USA, three states already allow online gambling, and it is expected that more states are going to adopt similar regulations, allowing this market to grow in these regions, as the government want to benefit from the tax revenues. In Africa also similar to Asia there has been no plans for legalizing online gambling anytime soon.

No comments:

Post a Comment