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StockNews.com
StockNews.com
Business
Spandan Khandelwal

2 Best Casino Stocks to Buy Right Now

BYD Boyd Gaming RRR Boyd Gaming Corporation

The easing of restrictions on in-person casino visits due to success on the COVID-19 immunization front and growing interest in internet casinos have been fueling the industry's growth. According to the American Gaming Association's (AGA) Commercial Gaming Revenue Tracker, 2022 started with strong commercial gaming revenue in the United States, with February witnessing the sector’s highest gross revenue generation on record.

Furthermore, the State Gaming Commission has legalized app-based sports betting throughout the Empire State. Many companies working in this market are well-positioned to gain from increasing gambling legalization across the country. The global market for casinos is expected to reach $153.2 billion by 2026, growing at a 3.7% CAGR.

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