After being affected severely by the COVID-19 epidemic, the casino industry’s full reopening in 2022 might give it a guaranteed income opportunity when gamblers and tourists return in huge numbers to hotspots like Las Vegas all around the world. After all, brick-and-mortar casinos are not only depending on table games and slot machines to make money.
However, during the lockdown, many online casinos took serious ground as they were allowed to operate while land-based casinos were forced to close their doors or implement severe limitations. They didn’t rest on their laurels, instead using various advanced marketing techniques to attract new users. You can find a wide selection of online casino sites that accept Indian players.
In this article, our author Monin Manne will list four casino stocks that will make great investments. Monin is a gambling industry insider who has worked with many online casino in India, and you can read more from him here.
Delta Corp Limited
This is the biggest and the only publicly traded casino gaming company in India. In the organized casino business, the company has a 55 percent market share. Rakesh Jhunjhunwala’s portfolio includes this Delta Corp multi-bagger.
As the country’s major player, the company has created a competitive edge in highly desirable regions such as Goa, Sikkim, and Daman, both offshore and onshore, providing casino and hotel entertainment.
Out of the six offshore casinos permitted in Goa, the business owns three.
In Goa, it also has an onshore casino. In collaboration with HOTEL WELCOME HERITAGE, it also owns a land-based casino in Sikkim. The company’s casino operations have now expanded to Kathmandu, Nepal. The offshore casinos in Goa, on the other hand, are the primary income providers.
According to Monin, now’s the best time to invest in Delta Corp Ltd., because the slump caused will soon end and the stock prices will rise once people return to land-based casinos.
Las Vegas Sands
With five casinos in Macau and the Marina Bay Sands in Singapore, the corporation is solely focused on the Asian market. In March 2021, it sold its Las Vegas operation, which included the Venetian, to a private equity company for $6.25 billion. During the epidemic, however, the plan of focusing on Asia failed, as travel to Macau plummeted owing to stringent lockdowns in China and other Asian countries.
The stock closed in 2021 at a significant discount to its pre-pandemic values. Nonetheless, once the area recovers from the epidemic, that industry should resume, and Macau should continue to be the world’s largest gaming market due to its closeness to vast populations and the cultural affinity for gambling in China and other Asian countries.
Some will argue that there are no more seats on the iGaming gravy train, but Monin disagrees. According to the stock exchange history, Evolution, one of the leading iGaming providers in the world, experienced a massive growth during the pandemic, nearly tripling their stock prices during a five year period.
Lockdowns will end, but now that people have acquired a taste for online gambling, and it’s the iGaming companies that will benefit in the long run. Evolution seems to be the obvious choice – after all, they are one of the biggest players in the iGaming industry, providing the most popular live dealer games in the casino sphere. Players go out of their way to find live dealer casinos with Evolution games.
In addition, their recent acquisitions of NetEnt, Big Time Gaming, DigiWheel and other leading game developers make them truly a force to be reckoned with. With offices and live game studios across the world, this is a truly global company that’s at the forefront of iGaming.
With 72 percent ownership of the Wynn Palace and Wynn Macau in Macau, the Wynn and Encore in Las Vegas, and the Encore Boston Harbor, which began operations in 2019, Wynn is another diverse casino operator.
Wynn is still suffering from the effects of the epidemic. As of the third quarter of 2021, the firm was still losing money, but it is still aiming to build large luxury homes, and it just revealed plans for a resort outside Dubai in 2026. Investors may benefit from Wynn’s concentration on neglected regions like Dubai and the Boston area in the future.
Over the last ten years, casino stocks have lagged the market in general, with just a few notable winners, such as Caesars and online gambling companies like Evolution.
With the growth of internet gambling, the next ten years will undoubtedly be very different from the previous ten, and a post-pandemic recovery might result in a rise in increased traffic to brick-and-mortar casinos. While there is still a lot of uncertainty in the market, if you’re a risk-tolerant investor, you may discover a significant reward in the casino industry.