Best Gambling Stocks to Buy in 2021

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The future is uncertain all around the world at the moment, but one industry that continues to show growth and has performed exponentially across the globe is the gambling industry. This growth is legit, and even when one area starts to ease up on the charts, another aspect picks up the slack. This growth is shown with online casinos as well as your local casino, but what are the best gambling stocks to buy in 2021 if you want a piece of the action?

Stick with us and check out our short guide below as we show you some of the best gambling stocks that we think you should consider looking into. Just remember, investing should always be a calculated decision and any investment you make needs to be carefully assessed.

This guide is only based on the expertise of gambling professionals. If you would like to invest in Gambling Stocks please make sure that you have consulted a professional before hand. 

Esports Entertainment

This is just a generic one to look out for as opposed to a specific stock.

Esports is extremely popular worldwide, and the growth has been on an incline for years. While many people are still considering the future of loot boxes, esports has continued to grow, with global revenue behind projected to hit AUD 1.59 billion in 2021.

Heck, there are almost as many esports fans in the USA (20 million) as there are people living in Australia!

With the enormous growth in esports, these stocks are one to watch. Historically the share prices have varied between $2 and $16 in the past year.

Caesars Entertainment

Following on from a pre-COVID-19 drop to $3.50, this stock has shown a steady increase during the crisis. 

Caesars partnership with ESPN allows them to offer sports programming and is proving to be an excellent edge for Caesars over other casinos. Their performance while casinos have been shut down is a signal of strength; imagine where things could go once everything returns to normal.

Las Vegas Sands

The Las Vegas Sands brand has long been a reliable stock with relatively low-risks. Although they were affected by the COVID-19 pandemic, the strength of the brand in America and Asia should see this stock regain some ground. It is expected to return to its position before casino restrictions were introduced.

MGM Resorts International

One of the more recognised names in the gambling industry, MGM Resorts International, has been able to withstand the stock price declines during the novel coronavirus lockdowns. 

MGM moved on the opportunities available at the beginning of both the online and mobile betting markets, and are poised to benefit from both. 

There is a presumption that MGM’s stock is a lower-risk option.

888 Holdings

888 Holdings have a proven method for assuring their success – diversification of their operations. Their stocks appear to offer affordability with the opportunity for improvement. 

Things appear to move upward, given the increased number of states, jurisdictions, and countries that continue to legalise gambling for both online and offline ventures.

LeoVegas AB

LeoVegas is showing some strength in recent stock price increases, and when you include their focus on the mobile world of gambling games, they might be one of the most vital gambling stock to watch.

LeoVegas has several brands under its umbrella, including:

  • Bet UK
  • Bingo Stars
  • Royal Panda
  • Pixel Bet

 

It is worth considering that although they have seen great growth during the slow period – does this mean they have tapped out early and won’t follow along with others when the bounce back comes?

Boyd Gaming

Boyd Gaming is a relatively unknown company despite having almost 30 entertainment and gaming properties around the United States. 

Despite their trading values dropping recently, in the past, Boyd Gaming has shown its strength to hold on. It also shows a great value at its current lower price. So, investors who are willing to take the risk, this one might be a great stock for you. 

Everi Holdings

Like 888 Holdings, Everi Holdings are gambling software developers and have shown consistent year-on-year growth. This growth has come on the back of the increased demand by casinos in both the online and offline-based contexts for innovative new platforms to offer their clients.

It can be easy to overlook software developers as lucrative stock options but don’t miss out on investment with great potential like Everi.

Flutter Entertainment

Created from the merger of Betfair and Paddy Power, Flutter Entertainment is a holding company that has been a popular long-term stock option with investors. 

There is a lot of capital behind this stock given the size of their portfolio – they also own the Aussie-focused Sportsbet (yeah, you know those ads for the footy multi). 

The group has expanded further in May 2020 with the merge with Canadian Stars Group. This might help to influence investors, given the big moves being made during an economically slow period.

 

 

What Gambling stocks will you invest in?

 

How do you feel about gambling stocks? Got a source on the inside and ready to share it with the world? Let us know in the comment section below.

 

 

 

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