Top Casino Stocks To Watch Now – June 8th

Flutter Entertainment, DraftKings, and Wynn Resorts are the three Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are shares of publicly traded companies that own and operate casinos, gaming resorts, and related hospitality businesses. Their performance is closely tied to consumer discretionary spending, tourism trends, and broader economic conditions. Investors in casino stocks gain exposure to the gambling industry, which can be sensitive to regulatory changes and shifts in consumer behavior. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

NYSE:FLUT traded up $6.96 during mid-day trading on Friday, hitting $249.61. 1,943,964 shares of the company’s stock were exchanged, compared to its average volume of 1,867,953. Flutter Entertainment has a one year low of $174.03 and a one year high of $299.73. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.89 and a quick ratio of 0.89. The business has a fifty day moving average price of $236.90 and a 200 day moving average price of $253.79. The company has a market cap of $44.10 billion and a PE ratio of 86.37.

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.

Shares of NASDAQ DKNG traded up $2.08 during midday trading on Friday, hitting $35.81. The stock had a trading volume of 11,928,400 shares, compared to its average volume of 9,749,226. The business’s 50 day moving average is $34.58 and its 200-day moving average is $38.83. The company has a market cap of $31.85 billion, a P/E ratio of -33.78, a PEG ratio of 1.43 and a beta of 1.63. DraftKings has a 52 week low of $28.69 and a 52 week high of $53.61. The company has a quick ratio of 1.00, a current ratio of 0.93 and a debt-to-equity ratio of 1.24.

Wynn Resorts (WYNN)

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company operates through four segments: Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor. The Wynn Palace segment operates private gaming salons and sky casinos; a luxury hotel tower with suites, and villas, including a health club, spa, salon, and pool; food and beverage outlets; retail space; meeting and convention space; and performance lake and floral art displays.

Shares of WYNN traded up $0.06 during mid-day trading on Friday, hitting $83.30. 3,151,222 shares of the company traded hands, compared to its average volume of 2,595,386. The stock has a market cap of $8.71 billion, a price-to-earnings ratio of 19.79, a P/E/G ratio of 2.35 and a beta of 1.37. Wynn Resorts has a 1 year low of $65.25 and a 1 year high of $107.81. The stock has a 50-day moving average price of $83.00 and a two-hundred day moving average price of $85.75.