Look no further if you’re looking for stocks to consider for your casino investment portfolio. Gaming companies continue to be a strong investment option, and there are a number of them on the market that are worth taking a look at. This blog post will discuss some of the top gaming stocks available today and why they might be worth investing in. So if you’re thinking about adding some casino stocks to your portfolio, read on scopenew.com/top-hacks-on-how-to-increase-your-chances-of-winning-in-poker/.
Las Vegas Sands (LVS)
As the largest operator of casinos in the world, Las Vegas Sands (NYSE: LVS) is an excellent option for investors looking to get involved in the gaming industry. The company owns and operates several iconic properties, including The Venetian and The Palazzo in Las Vegas and properties in Macau and Singapore. Las Vegas Sands also has a strong online gaming presence through its subsidiary Sands China Ltd.
Wynn Resorts (WYNN)
Wynn Resorts (NASDAQ: WYNN) is another excellent option for investors looking to get involved in the gaming industry. The company owns and operates several high-end properties, including Wynn Las Vegas and Encore at Wynn Las Vegas. Wynn Resorts also has a strong presence in the online gaming space through its subsidiary Wynn Interactive.
Caesars Entertainment (CZR)
Caesars Entertainment (CZR, $8.48) is worth considering if you’re looking for a gaming stock with worldwide appeal. With more than 50 properties around the globe – including some of the most iconic casinos in Las Vegas – Caesars certainly has the reach to be a long-term winner in the gaming space. The company has been working hard to reduce its debt load, which stood at a staggering $18 billion as recently as 2017. Caesars has made significant progress on that front and its debt is now down to around $9 billion. That reduced debt burden will help the company invest more in its properties and should lead to higher profits down the road.
MGM Resorts International (MGM)
MGM Resorts International is one of the largest global casino operators in the world. The company owns and operates several iconic properties, including Bellagio, MGM Grand, and Mandalay Bay. The company has been through some tough times recently but is now seeing positive momentum. The stock has surged nearly 50% in the past year and is up over 25% in the past six months. The company is benefiting from a rebound in Las Vegas gaming revenues and is also seeing strong growth in its Macau operations. MGM plans to open a new casino resort in Cotai later this year which should further boost results.
The gaming industry is a strong investment option, and many companies in the space are worth looking at. This will help you research the best stocks to add to your portfolio.…