Through July 2022, American gaming revenue hit $34.3 billion, a 15.5 percent rise from the same period in 2021, according to the American Gaming Association.
Those glowing statistics are misleading to a degree. Many gambling institutions suffered declines in revenue 2020/2021 due to travel restrictions and lockdowns. At least some of that positive growth might be considered the industry bouncing back from the pandemic, rather than linear growth.
Below is a list of Casino's to consider buying their stock, it is not a broad list, but just names some, please feel free to extend the list.
COMPANY (TICKER SYMBOL) MARKET CAP DESCRIPTION
Las Vegas Sands (LVS) $29.2 billion Operates a range of casino-hotels in Asia, including Singapore and Macau.
Caesars Entertainment (CZR) $9.9 billion Operates dozens of properties across the U.S. as well as a digital sports betting platform.
MGM Resorts International (MGM) $13.4 billion Operates major Las Vegas and regional casinos as well as sports and online betting sites.
Wynn Resorts (WYNN) $6.9 billion Operates a handful of high-end properties in Macau and Las Vegas as well as digital sports betting and online gaming.
PENN Entertainment (PENN) $4.9 billion Operates dozens of properties across the U.S., including casinos, online games and sports betting.
DraftKings (DKNG) $8.3 billion A digital gaming company enabling fantasy sports, sports betting and online gaming.
Melco Resorts and Entertainment (MLCO) $2.5 billion A Macau-based casino company, operates in the Philippines and Cyprus.
You can read more about the casino's here-https://southfloridareporter.com/investing-in-casinos-and-online-gambling-key-things-to-know/
There is one key aspect to consider with a US gambling industry investment plan. Lake Mead -- the main source of water in Las Vegas is drying up at an astonishing rate. Water levels in the lake are declining by a factor of around 5 feet every 2 weeks or so. This has been documented by many boaters in the area who published video clips on youtube to draw attention to the crisis.
The long term viability of las vegas casinos could be in doubt with their supply of water on a steep decline. Whether they can find alternative sources remains to be seen. Suffice it to say that the explosion of the human population in the area is far too massive to be supported by normal desert rainfall. There have not been any real steps taken to address the issue.
It is possible that the entirety of las vegas could end up a ghost town in the years to come. Which could make investment in casinos and gambling establishments with a presence outside of las vegas the better option.