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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
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
CHDN
CHURCHILL DOWNS INC
United States
$8.60B74,869,13673.00%23.96%Net Selling
EVRI
EVERI HOLDINGS INC
United States
$1.16B87,992,98125.48%74.52%Net SellingNet Buying
ACEL
ACCEL ENTERTAINMENT INC
United States
$913.52M85,615,80448.60%40.83%Net SellingNet Selling
CPHC
CANTERBURY PARK HOLDING CORP
United States
$98.92M4,933,84436.34%52.04%Net Selling
GAN
GAN LTD
United States
$55.85M44,683,21513.51%5.82%Net Selling
IGT
INTERNATIONAL GAME TECHNOLOGY PLC
United Kingdom
$6.07B200,079,00044.78%0.00%
LNW
LIGHT & WONDER INC
United States
$6.52B91,356,86724.99%75.01%Net SellingNet Selling
INSE
INSPIRED ENTERTAINMENT INC
United States
$300.50M26,336,58638.15%61.85%Net Selling
RSI
RUSH STREET INTERACTIVE INC
United States
$1.09B222,008,72415.32%84.68%Net Selling
GAMB
GAMBLINGCOM GROUP LTD
Jersey
$483.17M37,513,34326.58%0.00%
NGMS
NEOGAMES SA
Luxembourg
$907.57M33,588,83928.88%0.00%
AGS
PLAYAGS INC
United States
$258.64M38,034,66278.61%1.87%Net SellingNet Selling
GMBL
ESPORTS ENTERTAINMENT GROUP INC
Malta
$297.22k3,339,5760.33%99.67%
DKNG
DRAFTKINGS INC
United States
$13.46B463,974,78760.64%13.00%Net SellingNet Selling
CDRO
CODERE ONLINE LUXEMBOURG SA
Luxembourg
$138.98M45,121,95611.46%0.00%
ELYS
ELYS GAME TECHNOLOGY CORP
United States
$19.45M38,812,8421.12%98.88%Net Buying
LTRY
LOTTERYCOM INC
United States
$8.91M2,546,2643.37%96.63%Net Selling
SBET
SHARPLINK GAMING LTD
United States
$5.04M2,833,7343.96%96.04%
SGHC
SUPER GROUP (SGHC) LTD
Guernsey
$1.78B498,517,5884.55%0.00%
EBET
EBET INC
United States
$16.21M300,183,2431.14%1.49%Net Buying
1

Gambling Stocks FAQ

What are the best gambling stocks to buy right now in Sep 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 53, which is 20 points higher than the gambling industry average of 33. It passed 21 out of 38 due diligence checks and has strong fundamentals. Churchill Downs has seen its stock return 26.05% over the past year, underperforming other gambling stocks by -1 percentage points.

Churchill Downs has an average 1 year price target of $150.20, an upside of 30.72% from Churchill Downs's current stock price of $114.90.

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.

2. Everi Holdings (NYSE:EVRI)


Everi Holdings (NYSE:EVRI) is the second best gambling stock with a Zen Score of 50, which is 17 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 -17.64% over the past year, underperforming other gambling stocks by -44 percentage points.

Everi Holdings has an average 1 year price target of $22.00, an upside of 66.54% from Everi Holdings's current stock price of $13.21.

Everi Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 4 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. Gan (NASDAQ:GAN)


Gan (NASDAQ:GAN) is the third best gambling stock with a Zen Score of 46, which is 13 points higher than the gambling industry average of 33. It passed 15 out of 33 due diligence checks and has strong fundamentals. Gan has seen its stock lose -39.9% over the past year, underperforming other gambling stocks by -67 percentage points.

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 2.64%, which is 1 percentage points higher than the gambling industry average of 1.45%. 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 52.7% 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 1.4%, which is the same as the gambling industry average of 1.45%. 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 11.3% 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 0.31%, which is -1 percentage points lower than the gambling industry average of 1.45%. 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 7.5% indicates that its dividend yield is sustainable for the long-term.

Why are gambling stocks up?

Gambling stocks were up 0.92% in the last day, and down -3.78% 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. Canterbury Park Holding (NASDAQ:CPHC)


Canterbury Park Holding (NASDAQ:CPHC) is the most undervalued gambling stock based on WallStreetZen's Valuation Score. Canterbury Park Holding has a valuation score of 86, which is 59 points higher than the gambling industry average of 27. It passed 6 out of 7 valuation due diligence checks.

Canterbury Park Holding's stock has dropped -9.89% in the past year. It has underperformed other stocks in the gambling industry by -37 percentage points.

2. Esports Entertainment Group (NASDAQ:GMBL)


Esports Entertainment Group (NASDAQ:GMBL) is the second most undervalued gambling stock based on WallStreetZen's Valuation Score. Esports Entertainment Group has a valuation score of 57, which is 30 points higher than the gambling industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Esports Entertainment Group's stock has dropped -99.38% in the past year. It has underperformed other stocks in the gambling industry by -126 percentage points.

3. Gan (NASDAQ:GAN)


Gan (NASDAQ:GAN) is the third most undervalued gambling stock based on WallStreetZen's Valuation Score. Gan has a valuation score of 43, which is 16 points higher than the gambling industry average of 27. It passed 3 out of 7 valuation due diligence checks.

Gan's stock has dropped -39.9% in the past year. It has underperformed other stocks in the gambling industry by -67 percentage points.

Are gambling stocks a good buy now?

69.23% of gambling stocks rated by analysts are a strong buy right now. On average, analysts expect gambling stocks to rise by 29.36% 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 8.48x.
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