(NYSE: LVS ), and MGM Resorts International (NYSE: MGM ). The state is home to some of the famous casino companies such as Caesars Entertainment, Inc. has over 2,100 casinos, most of which are located in Nevada.
The hotel occupancy also surged to 70.9% in May.
According to the Las Vegas Convention and Visitors Authority, over 2.8 million people visited Las Vegas in May, presenting an 11.8% growth from April. The growth is attributed to the resumption of operations in casinos and other gaming/betting companies after Covid-19 restrictions. You can skip our detailed discussion on these companies, and go directly to the 5 Best Casino Stocks to Invest In.ĭespite getting clobbered in 2020 amid the coronavirus pandemic, the casino industry is set to grow in the coming years on the back of an increasing interest of average Americans in gaming, online gambling and a broader economic recovery.Īccording to a report published by Research and Markets, the global gambling market is expected to grow at a CAGR of 10.8% at $516.03 billion in 2021. In this article we presented the 15 best casino stocks to invest in.
