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Best Gambling Stocks to Buy Now (2023)
Top gambling stocks in 2023 ranked by overall Zen Score. See the best gambling stocks to buy now, according to analyst forecasts for the gambling industry.

Industry: Gambling

Zen Score Price Valuation Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Exchange	Industry	Market Cap	Price	1d %	EBITDA	P/E	D/E
CHDN	CHURCHILL DOWNS INC	NASDAQ	Gambling	$8.79B	$117.83	1.78%	$902.30M	24.50x	6.60
EVRI	EVERI HOLDINGS INC	NYSE	Gambling	$930.96M	$10.88	4.11%	$351.32M	8.77x	6.66
GAMB	GAMBLINGCOM GROUP LTD	NASDAQ	Gambling	$363.81M	$9.69	1.36%	$12.81M	48.45x	0.30
ACEL	ACCEL ENTERTAINMENT INC	NYSE	Gambling	$864.99M	$10.20	0.59%	$153.70M	20.00x	3.38
CPHC	CANTERBURY PARK HOLDING CORP	NASDAQ	Gambling	$94.34M	$19.08	-0.03%	$17.31M	9.09x	0.26
INSE	INSPIRED ENTERTAINMENT INC	NASDAQ	Gambling	$215.96M	$8.20	4.33%	$87.00M	12.42x	-8.03
GAN	GAN LTD	NASDAQ	Gambling	$66.62M	$1.49	1.36%	-$165.91M	-0.37x	42.89
RSI	RUSH STREET INTERACTIVE INC	NYSE	Gambling	$980.19M	$4.41	4.75%	$10.77M	-11.31x	2.96
AGS	PLAYAGS INC	NYSE	Gambling	$304.67M	$7.87	2.88%	$132.53M	112.43x	9.90
IGT	INTERNATIONAL GAME TECHNOLOGY PLC	NYSE	Gambling	$5.53B	$27.60	3.25%	$1.30B	51.40x	5.71
SGHC	SUPER GROUP (SGHC) LTD	NYSE	Gambling	$1.52B	$3.06	0.66%	N/A	32.55x	0.72
LNW	LIGHT & WONDER INC	NASDAQ	Gambling	$7.96B	$88.39	-0.03%	$883.00M	54.90x	4.94
DKNG	DRAFTKINGS INC	NASDAQ	Gambling	$18.18B	$39.00	1.99%	-$800.18M	-17.89x	3.82
GMBL	ESPORTS ENTERTAINMENT GROUP INC	NASDAQ	Gambling	$2.36M	$0.02	0.00%	-$25.74M	-0.00x	25.31
NGMS	NEOGAMES SA	NASDAQ	Gambling	$934.44M	$27.82	-0.22%	N/A	-77.28x	2.26
LTRY	LOTTERYCOM INC	NASDAQ	Gambling	$5.29M	$1.84	5.14%	-$8.05M	-0.32x	0.47
CDRO	CODERE ONLINE LUXEMBOURG SA	NASDAQ	Gambling	$150.12M	$3.31	1.04%	-$55.16M	-4.67x	2.03
SBET	SHARPLINK GAMING LTD	NASDAQ	Gambling	$4.12M	$1.44	5.11%	N/A	N/A	-19.98

Gambling Stocks FAQ

What are the best gambling stocks to buy right now in Dec 2023?

According to Zen Score, the 3 best gambling stocks to buy right now are:

1. Churchill Downs (NASDAQ:CHDN)

Churchill Downs (NASDAQ:CHDN) is the top gambling stock with a Zen Score of 56, which is 22 points higher than the gambling industry average of 34. It passed 22 out of 38 due diligence checks and has strong fundamentals. Churchill Downs has seen its stock return 6.24% over the past year, underperforming other gambling stocks by -4 percentage points.

Churchill Downs has an average 1 year price target of $145.25, an upside of 23.27% from Churchill Downs's current stock price of $117.83.

Churchill Downs stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Churchill Downs, 75% have issued a Strong Buy rating, 25% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Everi Holdings (NYSE:EVRI)

Everi Holdings (NYSE:EVRI) is the second best gambling stock with a Zen Score of 54, which is 20 points higher than the gambling industry average of 34. It passed 18 out of 33 due diligence checks and has strong fundamentals. Everi Holdings has seen its stock lose -34.02% over the past year, underperforming other gambling stocks by -45 percentage points.

Everi Holdings has an average 1 year price target of $18.67, an upside of 71.57% from Everi Holdings's current stock price of $10.88.

Everi Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Everi Holdings, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Gamblingcom Group (NASDAQ:GAMB)

Gamblingcom Group (NASDAQ:GAMB) is the third best gambling stock with a Zen Score of 49, which is 15 points higher than the gambling industry average of 34. It passed 16 out of 33 due diligence checks and has strong fundamentals. Gamblingcom Group has seen its stock lose -4.15% over the past year, underperforming other gambling stocks by -15 percentage points.

Gamblingcom Group has an average 1 year price target of $14.67, an upside of 51.36% from Gamblingcom Group's current stock price of $9.69.

Gamblingcom Group stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Gamblingcom Group, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the gambling stocks with highest dividends?

Out of 3 gambling stocks that have issued dividends in the past year, the 3 gambling stocks with the highest dividend yields are:

1. International Game Technology (NYSE:IGT)

International Game Technology (NYSE:IGT) has an annual dividend yield of 2.9%, which is 1 percentage points higher than the gambling industry average of 1.56%. International Game Technology's dividend payout is stable, having never dropped by more than 10% in the last 10 years. International Game Technology's dividend has not shown consistent growth over the last 10 years.

International Game Technology's dividend payout ratio of 149% indicates that its dividend yield might not be sustainable for the long-term.

2. Canterbury Park Holding (NASDAQ:CPHC)

Canterbury Park Holding (NASDAQ:CPHC) has an annual dividend yield of 1.47%, which is the same as the gambling industry average of 1.56%. Canterbury Park Holding's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Canterbury Park Holding's dividend has not shown consistent growth over the last 10 years.

Canterbury Park Holding's dividend payout ratio of 13.3% indicates that its dividend yield is sustainable for the long-term.

3. Churchill Downs (NASDAQ:CHDN)

Churchill Downs (NASDAQ:CHDN) has an annual dividend yield of 0.32%, which is -1 percentage points lower than the gambling industry average of 1.56%. Churchill Downs's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Churchill Downs's dividend has shown consistent growth over the last 10 years.

Churchill Downs's dividend payout ratio of 7.4% indicates that its dividend yield is sustainable for the long-term.

Why are gambling stocks up?

Gambling stocks were up 1.38% in the last day, and down -0.31% over the last week.

We couldn't find a catalyst for why gambling stocks are up.

What are the most undervalued gambling stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued gambling stocks right now are:

1. Everi Holdings (NYSE:EVRI)

Everi Holdings (NYSE:EVRI) is the most undervalued gambling stock based on WallStreetZen's Valuation Score. Everi Holdings has a valuation score of 71, which is 45 points higher than the gambling industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Everi Holdings's stock has dropped -34.02% in the past year. It has underperformed other stocks in the gambling industry by -45 percentage points.

2. Inspired Entertainment (NASDAQ:INSE)

Inspired Entertainment (NASDAQ:INSE) is the second most undervalued gambling stock based on WallStreetZen's Valuation Score. Inspired Entertainment has a valuation score of 71, which is 45 points higher than the gambling industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Inspired Entertainment's stock has dropped -32.9% in the past year. It has underperformed other stocks in the gambling industry by -43 percentage points.

3. Canterbury Park Holding (NASDAQ:CPHC)

Canterbury Park Holding (NASDAQ:CPHC) is the third most undervalued gambling stock based on WallStreetZen's Valuation Score. Canterbury Park Holding has a valuation score of 57, which is 31 points higher than the gambling industry average of 26. It passed 4 out of 7 valuation due diligence checks.

Canterbury Park Holding's stock has dropped -32.42% in the past year. It has underperformed other stocks in the gambling industry by -43 percentage points.

Are gambling stocks a good buy now?

90.91% of gambling stocks rated by analysts are a strong buy right now. On average, analysts expect gambling stocks to rise by 20.64% over the next year.

What is the average p/e ratio of the gambling industry?

The average P/E ratio of the gambling industry is 14.02x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.