Top 10 Casino Stocks UK 2022 – Beginners Guide

The casino industry is a subset of the larger gaming industry, which includes leisure and resort facilities as well as casino gaming. Firms in this field own and run casinos, hotels, resorts, racetracks, and ski resorts. Companies engaged in online gaming are also included in this industry. Many nations are legalizing online gaming, and gambling and casino stocks are capitalizing on the trend.

If you’re searching for some of the best casino stocks to invest in, this guide will be of assistance. In this guide, we’ll reveal to you how to buy casino stocks with no commission and highlight the 10 best casino stocks in the UK for 2022.

Top 10 Casino Stocks to Buy in 2022

The New York, London, and NASDAQ stock exchanges all have thousands of casino stocks, making it difficult to identify which casino stocks to invest in. We’ve compiled a list of the top ten casino stocks to purchase in 2022:

  1. MGM Resorts (NYSE: MGM)
  2. Draftkings (NASDAQ: DKNG)
  3. Entain PLC (LON: ENT)
  4. Las Vegas Sands (NYSE: LVS)
  5. Wynn Resorts (NASDAQ: WYNN)
  6. The Rank Group PLC (LON: RNK)
  7. Penn National Gaming (NASDAQ: PENN)
  8. Flutter Entertainment PLC (LON: FLTR)
  9. Caesars Entertainment (NASDAQ: CZR)
  10. VanEck Vectors Gaming ETF (NASDAQ: BJK)

Top 10 Casino Stocks Reviewed

1. MGM Resorts (NYSE: MGM)

MGM Resorts International, based in Las Vegas, Nevada, is a major entertainment firm. The corporation has 29 hotels and casinos across the United States, including New Jersey, Mississippi, Maryland, Massachusetts, and Macau. The company just announced the $2.1 billion purchase of Infinity World’s remaining 50% ownership in CityCenter Holdings.

Due to the resurgence of the Las Vegas Strip and increased casino demand, MGM Resorts International announced high earnings for the first quarter of 2021. The company reported $332 million in net earnings and a -$0.69 EPS, surpassing the market forecast by $0.16. Revenues for MGM China increased by 9% to $296 million. The corporation declared a quarterly dividend of $0.0025 per share and paid out over $119 million in stock repurchases to shareholders. MGM stock has increased by 151.9 percent in the last year and by 35.7 percent year to date. JP Morgan boosted its price target on the company to $52 earlier this year, citing the resumption of Las Vegas Strip revenues to 2019 levels.

MGM Resort - Best Casino stock

MGM Resorts stocks had a trading volume of £4.79 million at the time of composing this article. Its 52-week stock price high is $41.66 (£38.27), implying a 22 percent upside objective at the current price of $51.17 (£47.00).

MGM Resorts has a price-to-earnings (PE) ratio of 17.26, and the company also pays a 0.02 percent dividend

2. Draftkings (NASDAQ: DKNG)

DraftKings Inc. is a sports betting and casino website. The company was the first to offer legal sports betting in New Jersey, and it also operates in West Virginia, Pennsylvania, and Indiana. It provides its users with daily sporting tournaments in which they can win cash and prizes.

In comparison to the majority of the other online casino stocks on this list, Draftkings is a high-risk investment. However, we believe this company’s development potential is genuinely immense. This casino stock has increased by 466 percent in the last year alone.

During the pandemic, social isolation and stay-at-home orders fueled an increase in online sports betting and gambling, with DraftKings’ income nearly doubling to $614.5 million in 2020. It was on course to quadruple revenue again in 2021, and it predicted close to 50% top-line growth in 2022, indicating strong momentum.

During the third quarter of 2021, the company surpassed 1.3 million monthly paying subscribers. While it is still heavily unprofitable, DraftKings’ potential for development in the gambling business is difficult to ignore.

Draftkings casino stock

Draftkings stock is in the fall, providing now an excellent time to buy. Draftkings stocks had a trading volume of £25.32 million at the time of composing this article. At the present price of $19.05 (£17.50), it has a 52-week high of $64.60 (£59.34), meaning a 239 percent upside target. Draftkings is one of the cheapest stock in casino to invest right now, based on the fundamentals.

3. Entain PLC (LON: ENT)

Entian PLC, formerly known as GVC Holdings, is a sports betting and casino firm based in the United Kingdom that owns well-known brands such as Ladbrokes, Coral, Bwin, Partypoker, and Sportingbet. This FTSE 100 stock has gained a phenomenal 332 percent in the last year as a result of the coronavirus pandemic.

Through a series of strategic acquisitions, Entain has grown to become one of the largest gambling enterprises in the United Kingdom. The gambling commission recently approved its takeover of Swedish gaming company Enlabs AB, indicating that this trend is continuing. A long-term agreement with MGM Resorts to co-manage an online gambling platform also benefits the corporation.

Entain is expected to be one of the greatest winners in the sector as physical gambling returns and internet gambling grows more popular.

Entain stocks had a trading volume of £2.90million at the time of composing this article. Its 52-week stock price high is 2377 GBX, implying a 41 percent upside objective at the current price of 1676.50 GBX.

4. Las Vegas Sands (NYSE: LVS)

Las Vegas Sands is a Nevada-based casino and gambling company with eight locations in the United States and Asia. The firm is well-known among tourists for its diverse range of amenities, which include gaming, entertainment, restaurants, exhibitions, and museums. The $4.3 billion Resort World Las Vegas, which contains over 3,500 rooms and a big theatre, was just opened by Las Vegas Sands Corp.

Las Vegas Sands has been sluggish to enter the online gambling business due to its focus on the worldwide market, but it announced plans to become a strategic investor in digital gaming technologies in July 2021. However, the corporation does not currently operate an online gaming business.

Another advantage for investors considering LVS stock is the 5.24 percent dividend yield. As a result, Las Vegas Sands is both a dividend and a value stock.

Las Vegas Sands stock is in the fall for so long, providing now an excellent time to buy. Las Vegas Sands stocks had a trading volume of £7.43 million at the time of composing this article. Its 52-week stock price high is $64.33 (£59.07), implying a 70 percent upside objective at the current price of $37.83 (£34.74).

5. Wynn Resorts (NASDAQ: WYNN)

Wynn Resorts, Limited is a Las Vegas, Nevada-based hotel and casino firm. The corporation owns and operates more than 22 five-star hotels, restaurants, and spas around the world. It has received multiple Forbes Travel Guide Five-Star Awards. Earlier in May, the business established a joint venture with Austerlitz Acquisition Corporation to form Wynn Interactive, an independent gaming company.

Operating revenue increased to $990 million in the second quarter of 2021, up from $86 million the previous year. The corporation still lost $131 million, or $1.15 per share, although this was a significant improvement over the previous year’s loss of $5.97 per share.

Interactive gambling is another potential development driver for Wynn Resorts. In 2023, the company expects to earn over $700 million from interactive gaming, according to the corporation. The corporation has acquired market access in 15 states and is in talks with another nine.

The business is still pursuing large-scale luxury developments, and it recently revealed plans for a resort near Dubai in 2026. Investors may benefit from Wynn’s concentration on neglected markets like Dubai and the Boston area in the future.

Wynn Resorts stocks had a trading volume of £3.27 million at the time of composing this article. Its 52-week stock price high is $137.43 (£126.19), implying a 73 percent upside objective at the current price of $79.07 (£72.62).

6. The Rank Group PLC (LON: RNK)

The Rank Group PLC is another great casino stock to invest in the UK since it has a lot of room for expansion. This corporation controls brands like Mecca Bingo and Grosvenor Casinos, and with its Blue Square platform, it’s betting big on the expansion of digital gambling in the UK. Last summer, the company’s online gaming revenue increased by 23%.

This stock appeals to me because it is currently undervalued. It’s currently trading at about 7 times 2021 anticipated earnings, and it’s still down 40 percent from its pre-pandemic peak. The corporation also reduced its dividend payouts, which could be restored to approximately a 3% yield once normalcy returns.

Stay updated on The Rank Group’s digitalization in the long run. Right now, Mecca Bingo is a big moneymaker for the firm, but the future of gaming is almost surely going to be online.

At the time of publishing, the Rank Group stocks had a trading volume of £211.47 thousand. Its 52-week stock price high is 216.50 GBX, implying a 59 percent upside objective at the current price of 135.40 GBX.

7. Penn National Gaming (NASDAQ: PENN)

Investors were impressed by Penn National Gaming’s initiatives in internet gambling, and its stock soared early in the pandemic. Despite the fact that the stock has dropped since its peak, it is still significantly higher than pre-pandemic levels.

Penn National Gaming’s 2020 was the best of any casino stock. Since March 2021, the company’s stock has risen by more than 1,250 percent. Furthermore, Penn’s market capitalization has increased from $4 billion prior to the epidemic to nearly $17 billion in 2021. Because Penn owns a share in Barstool Sports, a large part of its rise can be attributed to him.

But currently Penn National stock is in the huge fall, providing now an excellent time to buy. Penn National stocks had a trading volume of £3.55 million at the time of composing this article. At the present price of $41.83 (£38.43), it has a 52-week high of $110.17 (£101.21), meaning a 163 percent upside target. 

8. Flutter Entertainment PLC (LON: FLTR)

Paddy Power Betfair (PPB), which is listed on Safe Betting Sites UK, and Flutter Entertainment PLC merged to establish Flutter Entertainment PLC. In addition to Draftkings, the firm controls FanDuel, the most direct competitor in online sports betting, as well as online casinos such as FOX Bet in the United States and Sportsbet.com.au in Australia.

In terms of performance over the last year, the company was one of the greatest online casino stocks. Since the global market crisis in 2021, it has gained 160 percent and now has a market capitalization of almost £16 billion.

Given that it is one of the leading participants in the booming online casino and sports betting industries, it’s easy to assume that Flutter Entertainment will continue to grow at a quick pace. Keep a watch on the FanDuel brand, which has somewhat different rules than DraftKings and may prove to be more popular with gamblers in the long run.

Flutter Entertainment reached up to 16,890 GBX per stock in April 2021 but exactly a year later the stock is trading at the price of 9000 GBX implying an 87 percent upside objective at the current price which makes it an excellent time to buy Flutter stock. 

9. Caesars Entertainment (NASDAQ: CZR)

Eldorado Resorts purchased Caesars Entertainment in 2020, giving the name Caesars. With 54 sites globally, including eight on the Las Vegas strip, Caesars became the largest casino operator in the United States following the merger. Caesars owns and operates casinos in 16 different states.

Prior to the merger, Eldorado was a top casino stock, and the new business, Caesars, has returned over 1,700 percent since its 2014 IPO, thanks in part to Eldorado’s aggressive acquisition strategy. In April 2021, the business paid $4 billion for the William Hill Group, a British online gaming corporation.

Despite its success in online gambling, the firm’s Las Vegas and local casinos continue to provide the major revenue. In the third quarter of 2021, Caesars recorded a significant profit from their casinos.

Caesars stocks had a trading volume of £2.62 million at the time of composing this article. Its 52-week stock price high is $119.81 (£110.06), implying a 55 percent upside objective at the current price of $77.16 (£70.88).

10. VanEck Vectors Gaming ETF (NASDAQ: BJK)

On our list of the top casino stocks to purchase, the VanEck Vectors Gaming ETF is the sole exchange-traded fund. This fund adds quick diversification to your casino stock portfolio. Flutter Entertainment, Draftkings, Las Vegas Sands, Caesars, Entain, and other companies are among its holdings.

The Gaming ETF has performed exceptionally well over the last year, gaining 44.5 percent. The 0.65 percent expense ratio is a little on the high side, but that’s to be expected considering the lack of comparable ETFs focused particularly on the gambling business.

The fund has $141 million in net assets and trades on the NASDAQ stock exchange. As a result, you should have no trouble entering or exiting a position in this fund.

VanEck Vectors stocks had a trading volume of £13.9K at the time of composing this article. At the present price of $40.32 (£37.04), it has a 52-week high of $57.16 (£52.51), meaning a 41 percent upside target.

Where to buy the Best Casino Stocks in the UK?

A stockbroker is required to purchase the top casino stocks in the United Kingdom. Top casino stocks are traded on the London Stock Exchange (LSE), the New York Stock Exchange (NYSE), and the Nasdaq Stock Exchange (NASDAQ), so it’s critical to pick a broker who offers a diverse choice of stock options.

Let’s take a closer look at two of the best UK brokers for investing in casino stocks at no cost to you:

1. eToro 

For investing in casino stocks in the United Kingdom, we recommend eToro. This broker offers trading on almost 2,000 stocks from the United Kingdom, the United States, Europe, Singapore, Hong Kong, and other countries. You also have the option of purchasing shares altogether or trading stock CFDs with a leverage of up to 5:1.

Another advantage of using eToro is that all trades are commission-free, even if you buy stocks altogether. Small inactivity and withdrawal fees are charged by the broker, although these are easy to avoid.

For both day trading and long-term investing, eToro provides advanced technical analysis tools. Over 100 built-in technical studies are available at this broker. eToro also provides expert stock analyst analysis, a market news feed, price alerts, and other services.

This software also includes an integrated social trading network where you can follow and share ideas with other traders. This is especially useful because it allows you to observe what other casino stock dealers are purchasing and selling. eToro even includes a copy portfolios tool that allows you to clone skilled traders’ current casino stock portfolios or automatically mimic their moves.

eToro is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and offers phone and email support 24 hours a day, seven days a week. You can employ the web-based platform or a smartphone trading app for iOS and Android to access all of eToro’s features. Credit cards, debit cards, PayPal, Neteller, and Skrill are all accepted at eToro.

Pros

  • Trading with no commissions
  • Invest in stocks or trade CFDs
  • Social trading and clone portfolios are supported
  • The FCA has granted us a license

Cons

  • Minimal withdrawal and inactivity

2. Capital.com 

Capital.com is a CFD broker based in the United Kingdom that trades over 3,000 stocks and ETFs from the United Kingdom, the United States, and Europe. Many of our top 10 casino stocks for 2022 are available on the platform, which allows you to trade with leverage up to 5:1.

Even better, Capital.com does not charge any commissions on any trades. The broker has no deposit, withdrawal, or inactivity fees, and has some of the lowest spreads we’ve observed for investing in casino stocks.

The quality of this broker’s technical trading platform makes it stand out. You can use dozens of technical indicators and sketching tools, as well as use stop-loss and limit orders to manage risk. Price alerts are only available on the Capital.com mobile app, not on the desktop platform, however, this is a minor flaw.

Another positive aspect of Capital.com is that the broker prioritizes education. Capital.com offers a dedicated education software that teaches the fundamentals of CFD trading and technical analysis. It also has video training and instructions, as well as a paper trading account where you may test new methods without putting your money in danger.

Capital.com is licensed by the Cyprus Securities and Exchange Commission (CySEC), but it is not a member of the Financial Conduct Authority (FCA). However, the Financial Services Compensation Scheme ensures all UK accounts. Customer service is available 24 hours a day, 7 days a week via phone, email, and live chat.

Pros

  • Trade over 3,000 stocks from the United States, the United Kingdom, and Europe
  • There are no account fees and there are no commissions
  • Trader education resources
  • Customer service is available by phone and chats 24 hours a day, 7 days a week
  • CySEC is in charge of its regulation

Cons

  • There are no price alerts.

How to Buy Casino Stocks UK?

eToro offers 100 percent commission-free trading, approximately 2,000 stocks from across the globe, and a social trading network, and is a great place to start investing in casino stocks now. Let’s look at how you buy Casino Stocks with eToro in detail:

Step 1: Create an Account

To register a new account with eToro, go to their website and select ‘Join Now.’ Sign up with your email address, Facebook, or Google credentials.

Step 2: Verify Your Identity

eToro asks you to authenticate your identity when registering a new account in order to comply with the FCA’s anti-money laundering laws. Upload a copy of your passport or driver’s license photo page, as well as a copy of a recent utility bill or bank statement showing your current address.

Step 3: Deposit Funds

The next step is to finance your eToro account. A minimum deposit of £140 is required by eToro, which can be made via bank transfer, credit card, debit card, PayPal, Neteller, or Skrill.

Step 4: Buy Casino Stocks

You’re now prepared to begin investing in casino stocks. Search for the shares you want to buy in the eToro dashboard. When they appear in the drop-down menu, select ‘Trade’ to open a new order form.

Choose whether to buy the stock outright or trade CFDs with leverage up to 5:1 and enter the amount of money you want to put in your chosen casino stock. For your transaction, you can also choose a stop loss or take profit level.

Click ‘Open Trade’ when you’re ready to acquire your first casino stock in the UK.

Conclusion

The coronavirus pandemic took a toll on casinos, but many have recovered, and stock prices have surpassed pre-pandemic levels. Casinos anticipate a surge in tourists, and many businesses are diversifying into internet gaming and sports betting. So, despite its worst year in decades, the gaming industry’s future appears very bright.

If you do decide to invest, eToro currently offers all of the top casino stocks for purchase. You can make a quick deposit with your UK debit/credit card and then acquire casino stocks without paying any commissions.

Frequently Asked Question

Is there a dividend on casino stocks?

Many casino stock dividends are paid out. Las Vegas Sands shares, in reality, yield a dividend of almost 5%. As a result of the pandemic, several casinos lowered their dividends, but they may expand again in the future.

Is it possible to invest in casino stocks through an ETF?

Yes, ETFs such as the VanEck Vectors Gaming ETF allows you to invest in the gambling sector. There is only a handful of ETFs dedicated solely to casino equities.

Are sports betting permitted in the United States?

Sports betting is now allowed on a federal level in the United States, but state rules have prevented the industry from realising its full potential. Only 12 states allow online sports betting, despite the fact that sports betting is allowed in more than 25 states.

Is it possible to invest in casino shares through an ISA or SIPP?

Yes, you can use an ISA or SIPP to invest in casino stocks. These account types, as well as the casino shares you intend to buy, must be available through your broker. Keep in mind that these accounts have deposit and withdrawal limits.

Which is the world’s largest publicly traded gambling company?

Las Vegas Sands is the world’s largest casino firm, with a market capitalization of $28.09 billion.