Casino Stocks Worth Watching – February 18th

DraftKings, MGM Resorts International, and Rush Street Interactive are the three Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are shares of companies that own or operate casinos and related gaming and hospitality businesses — including land-based resorts, online gambling platforms, sportsbooks, and gaming-equipment providers. Investors view them as cyclical and often higher-volatility plays because revenues depend on consumer discretionary spending, tourism, and regulatory environment, so they carry specific operational, regulatory and macroeconomic risks and opportunities. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

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.

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.

Rush Street Interactive (RSI)

Rush Street Interactive, Inc. operates as an online casino and sports betting company in the United States, Canada, Mexico, and rest of Latin America. It provides real-money online casino, online and retail sports betting, and social gaming services. In addition, the company offers full suite of games comprising of bricks-and-mortar casinos, table games, and slot machines.