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15 handpicked stocks

Casino Cash-Out: The Physical Gaming Renaissance

This carefully selected group of stocks represents companies positioned to benefit from traditional casinos monetizing their digital assets. As Boyd Gaming's $1.76 billion FanDuel sale demonstrates, regional operators and their suppliers are entering an exciting phase of reinvestment in physical gaming venues.

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Han Tan | Market Analyst

Updated 1 day ago | Published at July 11

Top Picks from This Group

Here are a few of the assets in this group. Create an account to unlock the full list.

PENN

Penn Entertainment Inc

PENN

Current price

$18.24

As a major operator of regional casinos with its own significant digital presence, Penn is at the crossroads of the physical-digital dynamic and may b...

As a major operator of regional casinos with its own significant digital presence, Penn is at the crossroads of the physical-digital dynamic and may be prompted to re-evaluate its own asset mix or reinvest in properties to compete.

CZR

Caesars Entertainment Inc.

CZR

Current price

$25.33

A leading casino operator with extensive regional properties that stands to benefit from an industry-wide trend of reinvesting capital into upgrading ...

A leading casino operator with extensive regional properties that stands to benefit from an industry-wide trend of reinvesting capital into upgrading and expanding physical gaming locations.

RRR

Red Rock Resorts Inc

RRR

Current price

$59.04

This operator of high-performing Las Vegas locals casinos represents the type of core physical asset that companies may increasingly focus their capit...

This operator of high-performing Las Vegas locals casinos represents the type of core physical asset that companies may increasingly focus their capital on to drive growth.

About This Group of Stocks

1

Our Expert Thinking

Traditional casino operators are strategically cashing out high-value digital assets to reinvest in their core physical operations. This trend creates a capital-fueled renaissance for brick-and-mortar gaming venues, potentially boosting regional casino operators and their equipment suppliers.

2

What You Need to Know

This theme is driven by Boyd Gaming's $1.76 billion sale of its FanDuel stake, providing a blueprint for other operators. The stocks include both regional casino operators with physical venues and the suppliers that provide gaming equipment and technology needed for upgrades.

3

Why These Stocks

These companies fall into two main categories: regional casino operators positioned to upgrade their venues with fresh capital, and the key suppliers who will benefit from increased spending on gaming equipment. Both groups stand to gain from this strategic industry pivot.

12 Month Growth Potential

Use the growth calculator to see how much investing in these assets could return over one year.

If you invested across these assets:

in 12 months it could be worth:

$1,000.00

+44.54%

Group Performance Snapshot

44.54%

Average 12 Month Profit

On average, analysts expect assets in this group to grow 44.54% over the next year.

10 of 12

Stocks Rated Buy by Analysts

10 of 12 assets in this group are rated Buy by professional analysts.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Why You'll Want to Watch These Stocks

💰

Cash Infusion Wave

Boyd Gaming's $1.76 billion windfall signals a trend other casino operators may follow. This massive cash infusion creates immediate opportunities for property upgrades and shareholder returns.

🏗️

Renovation Boom Ahead

With fresh capital flowing in, physical casinos are poised for a renovation renaissance. Companies that supply gaming equipment and technology stand to benefit as operators upgrade their offerings to attract visitors.

⚖️

Strategic Value Unlock

Traditional casino operators are finding smart ways to monetize their digital investments while refocusing on core physical venues. This strategic pivot may reveal hidden value in regional gaming stocks that the market hasn't fully recognized.

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