WallStreetZenWallStreetZen

Best Gambling Stocks to Buy Now (2024)
Top gambling stocks in 2024 ranked by overall Zen Score. See the best gambling stocks to buy now, according to analyst forecasts for the gambling industry.

Industry: Gambling
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
GAMB
GAMBLINGCOM GROUP LTD
Jersey
$316.81M37,403,88814.61%0.00%
EVRI
EVERI HOLDINGS INC
United States
$627.21M84,075,84916.25%83.75%Net SellingNet Selling
CHDN
CHURCHILL DOWNS INC
United States
$9.84B73,504,93857.40%27.18%Net SellingNet Buying
ACEL
ACCEL ENTERTAINMENT INC
United States
$823.23M83,746,19228.17%41.08%Net SellingNet Selling
IGT
INTERNATIONAL GAME TECHNOLOGY PLC
United Kingdom
$4.12B200,482,24932.84%0.00%
CPHC
CANTERBURY PARK HOLDING CORP
United States
$114.60M4,982,77018.12%51.70%Net SellingNet Selling
GDHG
GOLDEN HEAVEN GROUP HOLDINGS LTD
China
$12.21M51,750,0000.25%0.00%
AGS
PLAYAGS INC
United States
$451.36M39,454,54748.09%3.70%Net SellingNet Selling
INSE
INSPIRED ENTERTAINMENT INC
United States
$232.76M26,571,30827.00%73.00%Net SellingNet Selling
RSI
RUSH STREET INTERACTIVE INC
United States
$1.97B225,063,0927.78%92.22%Net SellingNet Selling
LNW
LIGHT & WONDER INC
United States
$8.53B90,137,72216.61%83.39%Net SellingNet Selling
DKNG
DRAFTKINGS INC
United States
$21.98B476,223,69345.40%10.85%Net SellingNet Selling
CDRO
CODERE ONLINE LUXEMBOURG SA
Luxembourg
$338.60M45,297,9001.06%0.00%
SGHC
SUPER GROUP (SGHC) LTD
Guernsey
$1.74B500,566,9184.80%0.00%
BRAG
BRAGG GAMING GROUP INC
Canada
$148.14M23,219,7002.58%0.00%
GAN
GAN LTD
United States
$62.18M45,390,30712.68%6.24%Net SellingNet Selling
LTRY
LOTTERYCOM INC
United States
$7.98M4,747,0470.05%99.95%Net Selling
SBET
SHARPLINK GAMING LTD
United States
$3.06M2,863,7342.64%97.36%

Gambling Stocks FAQ

What are the best gambling stocks to buy right now in May 2024?

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

1. Gamblingcom Group (NASDAQ:GAMB)


Gamblingcom Group (NASDAQ:GAMB) is the top gambling stock with a Zen Score of 53, which is 20 points higher than the gambling industry average of 33. It passed 17 out of 33 due diligence checks and has strong fundamentals. Gamblingcom Group has seen its stock lose -14.01% over the past year, underperforming other gambling stocks by -21 percentage points.

2. Everi Holdings (NYSE:EVRI)


Everi Holdings (NYSE:EVRI) is the second best gambling stock with a Zen Score of 52, which is 19 points higher than the gambling industry average of 33. It passed 17 out of 33 due diligence checks and has strong fundamentals. Everi Holdings has seen its stock lose -50.95% over the past year, underperforming other gambling stocks by -58 percentage points.

Everi Holdings has an average 1 year price target of $11.75, an upside of 57.51% from Everi Holdings's current stock price of $7.46.

Everi Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Everi Holdings, 25% have issued a Strong Buy rating, 0% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Churchill Downs (NASDAQ:CHDN)


Churchill Downs (NASDAQ:CHDN) is the third best gambling stock with a Zen Score of 51, which is 18 points higher than the gambling industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Churchill Downs has seen its stock lose -8.25% over the past year, underperforming other gambling stocks by -15 percentage points.

Churchill Downs has an average 1 year price target of $147.60, an upside of 10.26% from Churchill Downs's current stock price of $133.86.

Churchill Downs stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Churchill Downs, 80% have issued a Strong Buy rating, 20% 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 3.89%, which is 2 percentage points higher than the gambling industry average of 1.8%. 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 69.5% indicates that its dividend yield is sustainable for the long-term.

2. Canterbury Park Holding (NASDAQ:CPHC)


Canterbury Park Holding (NASDAQ:CPHC) has an annual dividend yield of 1.22%, which is -1 percentage points lower than the gambling industry average of 1.8%. 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 15.6% 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 0.29%, which is -2 percentage points lower than the gambling industry average of 1.8%. 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 8.4% indicates that its dividend yield is sustainable for the long-term.

Why are gambling stocks up?

Gambling stocks were up 0.97% in the last day, and down -0.8% 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 39 points higher than the gambling industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Everi Holdings's stock has dropped -50.95% in the past year. It has underperformed other stocks in the gambling industry by -58 percentage points.

2. Golden Heaven Group Holdings (NASDAQ:GDHG)


Golden Heaven Group Holdings (NASDAQ:GDHG) is the second most undervalued gambling stock based on WallStreetZen's Valuation Score. Golden Heaven Group Holdings has a valuation score of 71, which is 39 points higher than the gambling industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Golden Heaven Group Holdings's stock has dropped -94.41% in the past year. It has underperformed other stocks in the gambling industry by -102 percentage points.

3. Accel Entertainment (NYSE:ACEL)


Accel Entertainment (NYSE:ACEL) is the third most undervalued gambling stock based on WallStreetZen's Valuation Score. Accel Entertainment has a valuation score of 71, which is 39 points higher than the gambling industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Accel Entertainment's stock has gained 4.24% in the past year. It has underperformed other stocks in the gambling industry by -3 percentage points.

Are gambling stocks a good buy now?

58.33% of gambling stocks rated by analysts are a buy right now. On average, analysts expect gambling stocks to rise by 15.64% 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 -2.25x.
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.