Top Casino Stocks To Add to Your Watchlist – June 14th

Flutter Entertainment, SharpLink Gaming, and DraftKings are the three Casino stocks to watch today, according to MarketBeat’s stock screener tool. Casino stocks are shares of publicly traded companies that develop, own, or operate casino gaming and related hospitality services. By buying these equities, investors gain exposure to the gambling and resort industry, whose performance typically hinges on consumer discretionary spending, tourism trends, and regulatory developments. These companies had the highest dollar trading volume of any Casino stocks within the last several days.

Flutter Entertainment (FLUT)

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, Italy, and internationally. The company operates through four segments: UK & Ireland, Australia, International, and US. It offers sports betting, iGaming, daily fantasy sports, online racing wagering, and TV broadcasting products; sportsbooks and exchange sports betting products, and gaming products; and online sports betting.

Flutter Entertainment stock traded down $6.73 during trading hours on Friday, reaching $264.66. The stock had a trading volume of 2,621,880 shares, compared to its average volume of 1,893,288. The stock has a market cap of $46.76 billion and a PE ratio of 91.58. Flutter Entertainment has a 52 week low of $174.03 and a 52 week high of $299.73. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.89 and a quick ratio of 0.89. The company has a fifty day simple moving average of $242.08 and a 200-day simple moving average of $253.70.

SharpLink Gaming (SBET)

SharpLink Gaming, Inc. operates as an online technology company that connects sports fans, leagues, and sports websites to sports betting and iGaming content. The company operates through four segments: Affiliate Marketing Services United States, Affiliate Marketing Services International, Sports Gaming Client Services, and SportsHub Games Network.

Shares of SBET traded down $23.32 during trading hours on Friday, reaching $9.21. 41,023,970 shares of the company traded hands, compared to its average volume of 807,303. The company’s fifty day moving average price is $14.58 and its two-hundred day moving average price is $9.03. SharpLink Gaming has a 12 month low of $2.26 and a 12 month high of $124.12.

DraftKings (DKNG)

DraftKings Inc. operates as a digital sports entertainment and gaming company in the United States and internationally. It provides online sports betting and casino, daily fantasy sports, media, and other consumer products, as well as retails sportsbooks. The company also engages in the design and development of sports betting and casino gaming software for online and retail sportsbooks, and iGaming operators.

Shares of DKNG traded down $1.48 during trading hours on Friday, reaching $36.50. 10,172,166 shares of the company traded hands, compared to its average volume of 9,748,880. The company’s fifty day moving average price is $35.03 and its two-hundred day moving average price is $38.65. The company has a market capitalization of $32.46 billion, a price-to-earnings ratio of -34.43, a price-to-earnings-growth ratio of 1.43 and a beta of 1.63. The company has a quick ratio of 1.00, a current ratio of 0.93 and a debt-to-equity ratio of 1.24. DraftKings has a 12 month low of $28.69 and a 12 month high of $53.61.