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.
Published on July 11
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.
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.
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.
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.
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.
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.
Summary of total market cap and breakdown for the Casino Cash-Out basket.
PENN: $2.55B
CZR: $4.72B
RRR: $6.34B
Get the full story on this Basket. Read our detailed article on its risks and potential.
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Part of Exinity Group 2015, serving over a million customers globally.
Earn 6% AER on uninvested cash with daily interest payments.
Disney is suing the FCC to block an early license review of its ABC stations, arguing the move is politically motivated retaliation against its news coverage. This unprecedented legal battle highlights the growing regulatory risks for traditional broadcasters and underscores the structural advantages of unregulated digital streaming platforms.
SK Hynix has unveiled a record-breaking 40 trillion won share buyback fueled by soaring demand for its AI memory chips. This historic capital return creates a compelling investment theme centered on high-bandwidth memory producers and the specialized equipment manufacturers that enable their advanced production.
Home Depot's recent earnings beat highlights consistent consumer spending on smaller household repair and maintenance projects. This ongoing trend presents promising opportunities for various home improvement retailers and building material suppliers.
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PENN ENTERTAINMENT INC
PENN
Current Price
$18.03
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.
CAESARS ENTERTAINMENT INC NEW
CZR
Current Price
$29.68
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.
RED ROCK RESORTS INC
RRR
Current Price
$60.37
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.
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Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.
If you invested across these assets:
In 12 months it might be worth:
+39.18%
On average, analysts expect assets in this group to grow 39.18% over the next year.
7 of 14 assets in this group are rated Buy by professional analysts.
