Sunday , 1 October 2023

Analysts Predict These 5 Casino & Gaming Stocks Will Be Winners

The entertainment industry is often overlooked, seeing gamblemore customers for leisure than investors for capital gains. In this article we identify those Canadian casino and gaming stocks that analysts predict will have year-over-year growth in revenues and, to further compare their profiles, we provide enterprise value-to-sales metrics.

The comments above & below are edited ([ ]) and abridged (…) excerpts from the original article by
[Figures are in Canadian dollars]

1. Gamehost Inc. (TSX: GH) – $11.50
Casinos & Gaming

Gamehost Inc. operates hospitality and gaming properties in the following segments:

  1. The Gaming segment includes 3 casinos offering slot, video lottery terminal (VLT), lottery and table games.
  2. The Hotel segment includes over two hotels catering to mid-range clients.
  3. The Food and Beverage segment has operations that are located within the casinos.
  • Market Cap: $284.4 million
  • Revenue (FY0, Default): $77.4 million
  • Expected Revenue Growth (Y/Y): 14%
  • Enterprise Value To Sales: 4.5x

2. Great Canadian Gaming Corp. (TSX: GC) – $23.79
Casinos & Gaming

Great Canadian Gaming Corporation operates gaming, entertainment and hospitality facilities in British Columbia, Ontario, New Brunswick, Nova Scotia and Washington State.

The Company has 20 gaming properties, including:

  1. 3 community gaming centers,
  2. 4 racetracks and
  3. 10 casinos, including two with a Four Diamond resort hotel.
  • Market Cap: $1,462.3 million
  • Revenue (FY0, Default): $566.4 million
  • Expected Revenue Growth (Y/Y): 7%
  • Enterprise Value To Sales: 3.0x

3. Intertain Group Ltd. (TSX: ITX) – $9.18
Online Services

The Intertain Group Limited, formerly Aumento Capital II Corporation, is an online gaming company that offers bingo and casino games to its customers…

  • Market Cap: $180.6 million
  • Revenue (FY0, Default): $384.5 million
  • Expected Revenue Growth (Y/Y): 25%
  • Enterprise Value To Sales: 0.9x

4. Gaming Group Ltd. (TSXV: NYX) – $1.05

NYX Gaming Group Limited is a digital gaming software supplier engaged in the design, development, manufacture and distribution of digital gaming solutions for interactive, social and mobile gaming around the world.

The Company provides a suite of gaming solutions, a distribution platform, full gaming process support services, brand and player management, and both Real Money Gaming (RMG) and social gaming products and services…

  • Market Cap: $114.3 million
  • Revenue (FY0, Default): $52.3 million
  • Expected Revenue Growth (Y/Y): 211%
  • Enterprise Value To Sales: 3.0x

5. Shoal Games Ltd. (TSXV: SGW) – $0.51
Online Services

Shoal Games Ltd., formerly, Ltd., is a social bingo game provider engaged primarily in the business of owning and marketing Trophy Bingo, a non-gambling social bingo game.

Its segments include the sale of in-app purchases on Trophy Bingo, and the business of marketing games and entertainment based on the game of bingo through its Internet portal,…

  • Market Cap: $30.5 million
  • Revenue (FY0, Default): $0.2 million
  • Expected Revenue Growth (Y/Y): 424%
  • Enterprise Value To Sales: 68.9x

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