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Casino Stocks$129.41
0.84%4:00PM 11/27/2020
hough there are many types of companies within the gambling industry, public attention sways toward casino-owning organizations. MGM Resorts (NYSE:MGM), Caesars Entertainment (NASDAQ:CZR), and Las Vegas Sands (NYSE:LVS) are three of the biggest casino companies in the world, lending them great visibility on the stock market as a whole. But there are also regional players like Boyd Gaming (NYSE:BYD) and Penn National Gaming (NASDAQ:PENN) that have exposure to regional markets like Iowa, Mississippi, and Indiana.
Latest intraday update before market close @ 17:45:52 PM 11/27/2020
Summary :
Average return is up 0.5%
Median return is up 0.3%
14 out of 17 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information


  • Casino stocks up 0.8% on average while median return up 0.7% in a day
  • Casino stocks up 4.2% on average while median return up 1.8% in a week
  • Casino stocks up 29.5% on average while median return up 22.3% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index is based on equal weighted constituencies returns,Aggregated volume information is based on sum of all constituencies volumes

Index Constituencies

Related ETFs (click on ticker for detail)

  • 1M winners are : Winners for past month are $FLL 46.3%, $CZR 44.6%, $WYNN 40.9%, $MGM 36.0%, $MCRI 34.5%
  • 1M losers are : Losers for past month are
  • 1W winners are : Winners for past week are $MCRI 13.0%, $TRWH 11.8%, $CZR 6.6%, $FLL 6.6%, $BYD 5.3%
  • 1W losers are : Losers for past week are $VICI -0.7%, $MGP -1.2%, $CHDN -1.3%, $MLCO -1.5%, $LVS -3.4%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 28.1%, for the past 3 months is 34.2%

In the past month for a 5 days rolling window, the highest corrrelation is 63.6%, the lowest correlation is 8.3%, the latest correlation is 41.7%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 89.3% between BJK and CZR

The lowest correlation is -41.4% between GLU and SGMS

Stock news

    Portnoy Law Firm: Las Vegas Sands, Corp., Raytheon Technologies Corporation, and Royal Caribbean Cruises, Ltd. Investors Have Limited Amount of Time Before Class Action Deadline

    Investors with losses are encouraged to contact Attorney Lesley F. Portnoy. LOS ANGELES, Nov. 27, 2020 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that class action lawsuits have been filed on behalf of investors in the following publicly traded companies. Shareholders interested in taking an active role in these cases have until the deadlines indicated below to petition the court. There is no cost or obligation to you. See below for more information on these cases.Las Vegas Sand...

    Zhang Investor Law Alerts Investors of Deadline in Securities Class Action Lawsuit Against Las Vegas Sands Corp. – LVS

    NEW YORK, Nov. 26, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Las Vegas Sands Corp. (NYSE: LVS) between February 27, 2016 and September 15, 2020, inclusive (the “Class Period”). To join the class action, go to or call Sophie Zhang, Esq. toll-free at 800-991-3756 or email for information on the class action.如果您想...

    SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Las Vegas Sands Corporation of Class Action Lawsuit and Upcoming Deadline – LVS

    NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Las Vegas Sands Corporation (“Las Vegas Sands” or the “Company”) (NYSE: LVS) and certain of its officers.   The class action, filed in United States District Court for the District of Nevada, and docketed under 20-cv-01958, is on behalf of a class consisting of all persons other than Defendants who purchased or otherwise, acquired Las Vegas Sands securities between February 27, ...

    ROSEN, A TOP RANKED LAW FIRM, Reminds Las Vegas Sands Corp. Investors of Important December 21 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact Firm – LVS

    NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Las Vegas Sands Corp. (NYSE: LVS) between February 27, 2016 and September 15, 2020, inclusive (the “Class Period”), of the important December 21, 2020 lead plaintiff deadline in securities class action. The lawsuit seeks to recover damages for Las Vegas Sands investors under the federal securities laws. To join the Las Vegas Sands class action, go to http://www....

    Caesars Entertainment Gets Downgrade On Valuation, Short-Term Risks

    Caesars Entertainment Inc (NASDAQ: CZR) shares are up 109% over the last six months, which has led to a downgrade on valuation and some risks ahead.The Caesars Analyst: Morgan Stanley analyst Thomas Allen downgraded Caesars from Overweight to Equal-Weight and kept a price target of $67.The Caesars Thesis: Allen sees a difficult winter ahead for Caesars due to worsening COVID-19 conditions and several states closing casinos."While CZR has attractive long-term opportunities in sports betting/onlin...

    Place Your Bets on Black with These 5 Gambling Stocks

    Gambling stocks have been on fire since March’s novel coronavirus crash. When the pandemic first hit, investors feared the worst for the gaming sector. But, with social distancing having less impact than expected — along with the continued sports-betting megatrend — names in this industry made a tremendous recovery. However, as Covid-19 cases begin to surge once again, will gaming stocks give up some of their luck? Or, with the possibility of a vaccine just around the corner, does this winning s...

    Caesars, MGM, Others Grapple With a Shrunken Nevada Gambling Win for October

    The coronavirus pandemic continues to affect the casino industry and big names within it, including Caesars Entertainment (NASDAQ: CZR) and MGM Resorts International (NYSE: MGM), with conditions in Nevada, the USA's biggest gambling destination, being particularly important. The Nevada Gaming Control Board released its "Monthly Win" report today, showing a total state gambling win of $822.7 million, down 19.5% year over year, for the month of October. Decreased gambling activity on the Strip a...

    Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Reata Pharmaceuticals, Evolus, Las Vegas Sands, and Innate Pharma and Encourages Investors to Contact the Firm

    NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of Reata Pharmaceuticals, Inc. (NASDAQ: RETA), Evolus, Inc. (NASDAQ: EOLS), Las Vegas Sands Corporation (NYSE: LVS), and Innate Pharma S.A. (NASDAQ: IPHA). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case ca...

    LVS CASE DEADLINE- Pawar Law Group Announces a Securities Class Action Lawsuit Against Las Vegas Sands Corp.– LVS

    NEW YORK, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Pawar Law Group announces that a class action lawsuit has been filed on behalf of shareholders who purchased shares of Las Vegas Sands Corp. (NYSE: LVS) from February 27, 2016 through September 15, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Las Vegas Sands Corp. If you wish to serve as lead plaintiff, you must move the Court no later than December 21, 2020. To join the class action, go here or call Vik Pawar, Esq. t...

    Casino Stocks Find Buyers After Nevada Order

    The State of Nevada has ordered resort and casino operators to reduce capacity from 50% to 25% in an effort to stop the spread of COVID-19. Casinos, restaurants, and bars throughout the state are affected by the order, but hotel occupancy is exempt, raising doubts about its effectiveness. Wynn Resorts and Las Vegas Sands took the news in stride, with share prices running in place near eight-month highs.