Top Casino Stocks To Buy For 2023


If there’s a stock perfect for the “Bro Investor” who likes risk, action, and (potentially) a big pay-off, it’s DraftKings (NASDAQ:DKNG).

Source: Tada Images / Shutterstock.com

DraftKings began as a fantasy sports game manager. It took advantage of the 2018 Supreme Court decision allowing the legalization of sports gambling to build an empire.

On August 12 that empire was worth $21 billion. The stock opened for trade at about $52.20 per share. Caesar’s Entertainment (NYSE:CZR), the largest physical casino operator, is worth $19.8 billion. Caesar’s had revenue of $2.5 billion in the June quarter, DraftKings about $300 million. 

Top Casino Stocks To Buy For 2023: SOS Limited(SOS)

SOS Limited provides data mining and analysis services to corporate and individual members in the People's Republic of China. It provides marketing data, technology, and solutions for insurance companies; emergency rescue services; and insurance product and health care information portals. The company operates SOS cloud emergency rescue service software as a service platform that offers basic cloud products, such as medical rescue, auto rescue, financial rescue, and life rescue cards; cooperative cloud systems, including information rescue center, intelligent big data, and intelligent software and hardware; and information cloud systems, such as Information Today and E-commerce Today, as well as 10086 hot-line and promotional center for Guangdong Bank of Development. It also focuses on cryptocurrency mining, blockchain-based insurance, and security management businesses. The company serves insurance companies, financial institutions, medical institutions, healthcare providers, and other service providers in the emergency rescue services industry. SOS Limited is headquartered in Qingdao, the People's Republic of China. SOS Limited operates as a subsidiary of DXC Technology Company.


Advisors’ Opinion:

  • [By Thomas Niel]

    It goes without saying that Support.com is a better opportunity than sketchy SOS  (NYSE:SOS), which has many red flags. Marathon Digital (NASDAQ:MARA), and Riot Blockchain (NASDAQ:RIOT) may not have the same kinds of issues as SOS. But Greenridge’s advantages include ownership of its electrical power source,  and Support.com brings significant advantages to the table like net operating losses (NOLs), that can shelter its future profits from taxation.

  • [By Travis Hoium (tmfflushdraw)]

    Shares of cryptocurrency stock SOS Limited (NYSE:SOS) jumped as much as 21.7% in trading early on Friday after announcing preliminary six-month results for 2021. Shares fell from their high of the day but were still up 10.1% at 2:15 p.m. EDT. 

Top Casino Stocks To Buy For 2023: Pro-Dex Inc.(PDEX)

Pro-Dex, Inc. engages in the development and manufacture of technology-based solutions. The company designs, develops, and manufactures powered surgical devices for the medical device and dental industries. It also provides fractional horsepower motors for aerospace, medical, and military applications; and motion control software and hardware products for industrial and scientific applications. In addition, the company offers dental products primarily to original equipment manufacturers and dental product distributors; and multi-axis motion controllers. It markets its products to hospitals, dental offices, medical engineering labs, commercial and military aircraft, scientific research facilities, and high tech manufacturing operations worldwide. Pro-Dex, Inc. was founded in 1978 and is headquartered in Irvine, California.


Advisors’ Opinion:

  • [By Logan Wallace]

    ValuEngine upgraded shares of Pro-Dex (NASDAQ:PDEX) from a hold rating to a buy rating in a research report report published on Thursday.

    Shares of NASDAQ:PDEX opened at $10.30 on Thursday. The firm has a market cap of $43.10 million, a price-to-earnings ratio of 19.04 and a beta of -0.20. Pro-Dex has a one year low of $6.05 and a one year high of $11.00.

  • [By Stephan Byrd]

    Pro-Dex (NASDAQ:PDEX) released its quarterly earnings results on Thursday. The medical instruments supplier reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.16, Bloomberg Earnings reports. Pro-Dex had a return on equity of 13.54% and a net margin of 9.94%.

Top Casino Stocks To Buy For 2023: Toast, Inc.(TOST)


Toast, Inc. operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader. It also provides kitchen display system software that connects the front of the house with the kitchen staff; multi-location management software, which allows customers to manage and standardize their operations and configure menus; xtraCHEF that provides back-office tools; and Toast Flex for Kitchen, a larger format mountable piece of hardware that can be used as a kitchen screen. In addition, the company offers Toast Online Ordering & Toast TakeOut app, a software-based platform that provides restaurants to take off-premises orders directly through their branded website; First-Party Delivery services for restaurants to manage a fleet of drivers, and customize delivery hours, zones, fees, and minimum ticket sizes; Toast Delivery Services, which enables restaurants to utilize a partner network of delivery drivers; and Toast Delivery Partners services. Further, it provides loyalty programs and gift cards; payroll and team management products; business owner policy insurance and restaurant-specific add-ons; payment processing solutions; loans advanced to restaurants; purchase financing; reporting and analytics solutions; Toast Partner Connect that allows customers to discover, select, and connect their restaurant to its partners; and bi-directional APIs. The company was incorporated in 2011 and is headquartered in Boston, Massachusetts.


Advisors’ Opinion:

  • [By Will Ashworth]

    Toast (TOST) Source: TonelsonProductions / Shutterstock.com

    I went out on a limb in October 2021 by giving 10 reasons to buy Toast (NYSE:TOST), which provides integrated restaurant technology platforms. The stock had recently gone public at $40 a share. Today, shares trade 53% below their IPO price and are down 46% year to date. Boy, do I look silly. But I still stand by many of my 10 points. 

Top Casino Stocks To Buy For 2023: Helios and Matheson Analytics Inc(HMNY)


Helios and Matheson Analytics, Inc. provides information technology consulting, custom application development and solutions, and analytics services to Fortune 1000 companies and other large organizations in the United States. Its services include application value management, application development, integration, independent validation, infrastructure, and information management. The company also markets and distributes software products developed by independent software developers. Its clients operate in various industries, including banking, financial services, insurance, and healthcare. The company was formerly known as Helios and Matheson Information Technology Inc. and changed its name to Helios and Matheson Analytics Inc. in May 2013. The company was founded in 1982 and is headquartered in New York, New York. Helios and Matheson Analytics Inc. is a subsidiary of Helios and Matheson Information Technology Ltd.

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