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The four major casino stocks saw their earnings collapse during the Great Recession. When choosing casino stocks, look at their most recent earnings reports, as well as their earnings before the pandemic. She covers finance as well as real estate, technology, pop culture, and more. Top Experts. They recently purchased a new Hollywood Casino property, and they now have a partial stake in Barstool Sports, a popular online betting platform. However, companies with a presence in online gambling have taken the traditional gambling world by storm over the past year. About Us. One of the leading suppliers for internet gambling software-as-a-service solutions providers. Sarah Foley is a freelance content writer based in Chicago. Stock Advisor launched in February of 2002. In an article , Wasatch Micro Cap Fund mentioned that the stock is well-positioned to benefit future growth in online gambling. After touching its lowest level in nearly seven weeks, the dollar index against major currencies rose 0. Join Stock Advisor. One trend that remains consistent throughout the generations is that people turn to gambling in times of financial hardship. The company went on a buying streak in 2020. As mentioned above, gaming activity has collapsed in Macau. The author has no position in any of the stocks mentioned. However, the company is highly exposed to the outbreak of coronavirus, just like its peers. Recommended Stories. As long as the list of customers continues to grow, GAN stock could be a great growth stock in the online gambling space. The sports wagering company rallies in the after-hours Thursday after inking a deal to be the official sports betting partner of the National Football League NFL.