The 5 Largest Gambling Stocks of 2021

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In this article, we discuss the 5 largest gambling stocks of 2021. You can read our detailed analysis of the gambling and casino industry, go directly to see The 10 Largest Gambling Stocks of 2021.

5. Wynn Resorts, Limited (NASDAQ:WYNN)

Number of Hedge Fund Holders: 37

Wynn Resorts, Limited (NASDAQ:WYNN) is an American operator of high-end hotels and casinos. The company launched its online casino and sports betting app, WynnBET, which is available in six states in the U.S. Founded in 2002, Wynn Resorts, Limited (NASDAQ:WYNN) remains one of the largest gambling stocks of 2021.

Wynn Resorts, Limited (NASDAQ:WYNN) reported solid Q2 results, posting an EPS of -$1.12, beating the estimates by $0.46. The company’s revenue for the quarter grew significantly to $990.1 million, from $85.7 million during the same period last year. Recently, Morgan Stanley set a $107 price target on Wynn Resorts, Limited (NASDAQ:WYNN), with an Overweight rating on the shares.

At the end of Q2, 37 hedge funds tracked by Insider Monkey reported owning stakes in Wynn Resorts, Limited (NASDAQ:WYNN), compared with 49 in the previous quarter. The total value of these stakes is $712.4 million.

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