Best Online Casinos for American Players!
Deposit $20, Get $100 FREE!
Promo Code: 20EASYWIN100
5.0 rating
5.0
400% First Deposit Bonus up to $4,000 USD.
Promo Code: 4000WIN
5.0 rating
5.0
400% First Deposit Bonus up to $4,000 USD.
Promo Code: 400CASINO
4.8 rating
4.8

In 2019, the publicly-traded gaming companies have seen their stocks thrive at Dow Jones Industrial Average (DJIA) and NASDAQ composite indexes. At Dow Jones, the year to year stock prices surged by 22.1% while at NASDAQ, shares increased by 34.3%. The gaming stocks were not left out in the ride; several gaming companies’ shares valuation climbed considerably in 2019.

The VanEck Vectors Gaming ETF, a fund consisting of 42 holdings in the gaming industry, increased its value by 24 percent. Las Vegas Sands (NYSE: LVS) has the most significant shares at ETF nearly 8 percent. LVS shares experienced turbulent in 2019, but the investors who patiently waited throughout 2019 watched their shares increase by 28 percent.

MGM Resorts (NYSE: MGM) managed to make a 32.7 percent profit even after settling the victims of the 2017 shooting at its Mandalay Bay property. Wynn Resorts shares also climbed by 34.9 percent in 2019 despite the storm which started in January 2018 after founder Wynn was accused of sexual misconduct.

Caesars Entertainment (NASDAQ: CZR) wasn’t left out in this thriving year in the stock market. After Eldorado Resorts announced a deal to acquire the broke Caesars, its shares almost doubled. Eldorado (NASDAQ: ERI) shares similarly increased by 56 percent.

US gaming hedge funds also recorded a growth in the stock market. Penn National Gaming (NASDAQ: Penn) shares soared by 31.2 percent while Boyd Gaming (NYSE: BYD) went up by 43 percent.

2020 Outlook

Although Nevada is an important market for a gaming company in the US, according to Casino.org, Macau remains the bread and butter of Sands, MGM and Wynn. The three have heavily invested in the world most precious gaming hub and are optimistic that 2020 will be encouraging in Macau.

The US and China trade deal will ease tension and probably bring hope in Macau. Another important development in the gaming industry entering 2020 is the Japanese integrated resorts. The three operators are in the race to get a license for the first three Resorts. Japan is expected to become the third-largest gaming hub, after Macau and Nevada.

Leave a Reply

Your email address will not be published. Required fields are marked *

TOP ONLINE CASINOS πŸ‡ΊπŸ‡Έ
Red Stag Online Casino
Red Stag Online Casino

400% First Deposit Bonus up to $4,000 USD.

Desert Nights Online Casino
Desert Nights Online Casino

$10 FREE BONUS at Registration.

Slots Capital Online Casino
Slots Capital Online Casino

400% First Bonus up to $4,000

Uptown Aces Online Casino
Uptown Aces Online Casino

400% First Deposit Bonus up to $4,000 USD

Slotocash Online Casino
Slotocash Online Casino

Deposit $20, Get $100 FREE!