Casino Companies Stock
As a rare Saturday post, here is a reference list of 77 of the largest listed casino, gambling, and gaming stocks on major exchanges as of January 2017.
- Penn National Gaming Penn National Gaming (NYSE: PENN) isn’t your classic casino developer such as the companies above. Overall, it’s one of the most unique casino stocks available today. Yes, Penn does own and operate casinos across the United States.
- Dec 18, 2017 The VanEck Vectors Gaming ETF (NYSEMKT:BJK) holds 40 stocks in the gambling industry, including not only the casino resort companies listed above, but also international internet gambling.
BEACH Stocks: $332B in Value Washed Away. The market’s latest storm has plunged the global travel industry into uncharted territory. Since the S&P 500 market high on February 19, 2020, market capitalizations across BEACH industries—booking, entertainment, airlines, cruises, and hotels—have tumbled.
Gambling and casinos are a classic “sin sector” of “vice stocks”, where “vice investing” is considered the opposite of “ethical investing”. In an earlier post on my personal blog, I compare the performance of ethical vs vice stocks. I also had posts comparing the number of visitors to Macau to those visiting China or India, and how Macau once generated four times the revenue of Las Vegas with half the number of visitors.
Gambling Companies Stocks
In summary, this is not surprisingly an incredibly profitable sector that does not necessarily need economies of scale, but certainly depends on volume for high absolute profits. Return on assets for the sector are just over 10% with debt/equity ratios averaging over 1.0x, so not surprising to expect 10-20% returns from this sector if purchased at reasonable prices. Of course, the 33 largest casinos with market caps over $1 billion are probably less volatile than the 44 smaller ones, but this was one sector where the western superstitious number 77 had to be used because I just didn’t have 88 listed casino stocks in my database:
RIC | Name | USD Market Cap (Millions) |
LVS | Las Vegas Sands Corp | $43,698 |
1928.HK | Sands China Ltd | $34,971 |
0027.HK | Galaxy Entertainment Group Ltd | $18,370 |
MGM | MGM Resorts International | $16,891 |
WYNN.O | Wynn Resorts Ltd | $9,185 |
1128.HK | Wynn Macau Ltd | $8,254 |
MPEL.O | Melco Crown Entertainment Ltd | $7,847 |
2282.HK | MGM China Holdings Ltd | $7,409 |
GENS.SI | Genting Singapore PLC | $7,378 |
ALL.AX | Aristocrat Leisure Ltd | $7,217 |
CWN.AX | Crown Resorts Ltd | $6,151 |
IGT | International Game Technology PLC | $5,199 |
TTS.AX | Tatts Group Ltd | $4,872 |
0880.HK | SJM Holdings Ltd | $4,341 |
6460.T | Sega Sammy Holdings Inc | $3,966 |
WMH.L | William Hill PLC | $3,116 |
TAH.AX | Tabcorp Holdings Ltd | $2,930 |
6417.T | Sankyo Co Ltd | $2,913 |
CHDN.O | Churchill Downs Inc | $2,470 |
6425.T | Universal Entertainment Corp | $2,331 |
6412.T | Heiwa Corp | $2,297 |
BYD | Boyd Gaming Corp | $2,296 |
CDRE.MC | Codere SA | $2,044 |
0200.HK | Melco International Development Ltd | $2,035 |
1076.HK | Imperial Pacific International Holdings Ltd | $1,973 |
CACQ.O | Caesars Acquisition Co | $1,811 |
3918.HK | Nagacorp Ltd | $1,396 |
SGMS.O | Scientific Games Corp | $1,313 |
1680.HK | Macau Legend Development Ltd | $1,253 |
PENN.O | Penn National Gaming Inc | $1,224 |
CZR.O | Caesars Entertainment Corp | $1,220 |
6889.HK | Dynam Japan Holdings Co Ltd | $1,170 |
ISLE.O | Isle of Capri Casinos Inc | $1,027 |
RNK.L | Rank Group PLC | $931 |
PNK.O | Pinnacle Entertainment Inc | $821 |
ERI.O | Eldorado Resorts Inc | $803 |
NYNY.O | Empire Resorts Inc | $708 |
9672.T | Tokyotokeiba Co Ltd | $660 |
WBAI.K | 500.Com Ltd | $626 |
AGI.AX | Ainsworth Game Technology Ltd | $509 |
MCRI.O | Monarch Casino & Resort Inc | $446 |
6419.T | Mars Engineering Corp | $438 |
2767.T | Fields Corp | $403 |
TIMGn.DE | ZEAL Network SE | $322 |
0296.HK | Emperor Entertainment Hotel Ltd | $309 |
QXT.L | Quixant PLC | $280 |
1371.HK | China LotSynergy Holdings Ltd | $276 |
SNAI.MI | Snai SpA | $275 |
GDEN.O | Golden Entertainment Inc | $273 |
6430.T | Daikoku Denki Co Ltd | $227 |
ROD.L | Sportech PLC | $223 |
1180.HK | Paradise Entertainment Ltd | $210 |
LO24n.DE | Lotto24 AG | $193 |
CNTY.O | Century Casinos Inc | $192 |
1245.HK | Niraku GC Holdings Inc | $162 |
0555.HK | REXLot Holdings Ltd | $154 |
6249.T | Gamecard Joyco Holdings Inc | $147 |
TTRL.L | 32Red PLC | $144 |
RCT.AX | Reef Casino Trust | $142 |
8198.HK | MelcoLot Ltd | $138 |
8156.HK | China Vanguard Group Ltd | $131 |
7991.T | Mamiya-OP Co Ltd | $98 |
GPIC.O | Gaming Partners International Corp | $92 |
0326.HK | China Star Entertainment Ltd | $54 |
TWOC.PK | Trans World Corp | $53 |
JIN.AX | Jumbo Interactive Ltd | $49 |
CPHC.O | Canterbury Park Holding Corp | $45 |
0959.HK | Amax International Holdings Ltd | $41 |
EMH1k.DE | Pferdewetten De AG | $39 |
DDE | Dover Downs Gaming & Entertainment Inc | $35 |
BOTB.L | Best Of The Best PLC | $34 |
UWN | Nevada Gold & Casinos Inc | $33 |
0070.HK | Neptune Group Ltd | $29 |
HLEE.S | Highlight Event and Entertainment AG | $25 |
GLXZ.PK | Galaxy Gaming Inc | $24 |
IKGH.O | Iao Kun Group Holding Co Ltd | $18 |
LASS.SI | Lasseters International Holdings Ltd | $14 |
The Technical Aspects of Trading Shares on the Market
When the numbers were crunched for Paddy Power Plc ADR, the -DI was higher than the +DI. This may mean traders are waiting to see if stocks are starting to show signs of bearish momentum. Stock analysis widely uses moving average indicators. Numerous traders use a combination of different time frames and moving averages to the trend direction of stocks. One of the most popular combinations is the use of 200-day and 50-day moving averages. The 200-day MA may be used by investors to have a clearer long-term picture by smoothing out the data. They may look at the 20-day or 50-day to achieve a better grasp of the stock in the near-term. The current moving average for the 50-day is 48.77 and the 200-day is 51.91.
The ADX or Average Directional Index is used to discern if the market is currently not trending or trending, and is a technical analysis indicator. Only the ADX measures the trend strength but cannot measure the direction. When the ADX is used with the Minus Directional Indicator and Plus Directional Indicator it can help determine the overall momentum and direction of the trend. The ADX is used by many traders along with other indicators to help locate the proper entry and exit points for trading. Paddy Power Plc ADR’s current 14-day ADX is 13.47. An ADX value from 0-25 is generally an indication of a weak or absent trend. A strong trend has a value of 25-50, a very strong trend is 50-75, and an extremely strong trend is 75-100.
The Relative Strength Index shows 47.73 for the 14-day RSI, 39.22 for the 7-day, and 17.48 for the 3-day for Paddy Power Plc ADR. The RSI or Relative Strength Index is popular as a momentum indicator for technical analysis. This can show if the bears or bulls have the strongest market, and find reversal points with more accuracy. J. Welles Wilder developed the RSI, and a reading above 70 generally shows overbought conditions. Oversold conditions show a reading under 30. Adjustments in the values are necessary for the market and specific stock. Larger market turns can be spotted with the RSI.
Donald Lambert developed the CCI or Commodity Channel Index. This tool is versatile, can help provide extreme condition warnings, and emerging trends. The current price in relation to the average price is measured by the CCI over a specific period. When prices are a lot higher than average, the CCI is fairly high, when prices are far lower than average, the CCI is fairly low. Additional technical indicators like the Williams %R and Williams Percent Range are watched by investors to measure overbought and oversold levels. This indicator provides a comparison between a stock’s closing price and the lows and highs over a specific period. The most common period to look back is 14 days. The oscillation of the Williams %R ranges from 0 to -100. An overbought situation is indicated by a reading of 0 and -20. An oversold situation is indicated by a reading of -80 to -100.
Day traders profit by exploiting the movements for minute price in individual assets. This requires leveraging a lot of capital so the stocks they trade are in play. They have enough volatility to be a good risk, and the reward comes from both bear and bull traders intraday. Volatility is low in most company stocks. They usually move slowly with big price swings occurring a couple times a year through bad or good trading results. A typical day trader looks for trading volume, volatility, and liquidity. Liquidity lets an investor exit or enters a stock with a good price. When the liquidity in a stock is not good, a broker may need some time to negotiate the deal so the stock can be bought or sold. The broker may be unable to get the selling or buying price the trader wants. This represents a problem for day traders and can make the difference between a non-profitable and profitable trade.
The rules for traders regarding what is a good guide and constitutes liquidity are different depending on the volume of shares, and volume of trades traded every day. The minimum for most traders is 100,000 shares traded each day, although some traders require 1,000,000. The gauge for home many times a stock is purchased or sold within a specific period is called trading volume. The ADTV is the average daily trading volume. A lot of interest in a certain stock is a high degree of volume, and a stock boost is the volume of a stock either down or up in regards to a price jump.
Sweden is known for global brands worldwide yet there is much that is not acknowledged. Sweden has one of Europe’s best economies with a healthy commerce and trade environment, and a good corporate governance. The economy’s growth is becoming more influential globally and regionally. It influences company spreads like NetEnt AB ser. B. Sweden has been established as one of the European economy’s most valuable contributors.
Nasdaq Stockholm
The Nasdaq Stockholm or Stockholm Stock Exchange in Sweden is the main stock exchange, nd is in Frihamnen, Stockholm. Like other Nordic nation stock exchanges such as Iceland and Norway, the Nasdaq has operated and owned it since 2008. The Nasdaq Nordic stock exchanges include Nasdaq Iceland or the Iceland Stock Exchange, Nasdaq Baltic or the Tallinn Stock Exchange, Nasdaq Helsinki or the Helsinki Stock Exchange, Nasdaq OMX Armenia or the Armenia Stock Exchange, Nasdaq Copenhagen or the Copenhagen Stock Exchange, and Nasdaq Baltic or the Riga Stock Exchange.
The Nasdaq Stockholm began in 1963, and operated with a floor trading system at the Stockholm Stock Exchange Building until May of 1990. The electronic trading system was established in the country in June of 1990. This helps NetEnt AB ser. B remain there with improvements brought to the market every year. The Nasdaq Stockholm’s regular trading begins at 9:00 a.m. and ends at 5:00 p.m. Over 300 stocks are currently listed on Nasdaq Stockholm with the current total market valuation at $1.26 trillion.
The OMX Stockholm 30 is the benchmark index in Sweden and is a market-capitalization-weighted index. The top 30 stocks listed are tracked on the Nasdaq Stockholm. September of 1986 is the base date with a base value of 125 points. To ensure an accurate and proper indication regarding the Swedish economy, there is a semi-annually rebalancing of the OMXS30. New stocks can be added and old stocks dropped each rebalancing period. This depends on the overall performance and different factors in the equity market. Consumer Services, Financials, and Industrials are the OMXS30’s three largest sectors.
The all-time low for the OMXS30 is 98.96 points, attributed to Black Monday in November of 1987, and equity markets worldwide had tumbled. The meltdown spread worldwide after beginning in Hong Kong. The all-time high of the OMXS30 was 1,719.93 in April of 2015. An increase was additionally received by NetEnt AB ser. B.
The best way to bet on any country’s long-term prospects and growth potential is to penetrate their equity market. Investing in Nasdaq Stockholm stocks is the best way to maximize the nations opportunities and bank on the Swedish economy’s growth.
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Casino Companies Stock Quote
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