Get all your news in one place.
100's of premium titles.
One app.
Start reading
StockNews.com
StockNews.com
Business
Nimesh Jaiswal

Caesars Entertainment vs. Monarch Casino: Which Casino Stock is a Better Buy?

Monarch Casino & Resort, Inc. (MCRI) owns and operates the Atlantis Casino Resort Spa, a hotel and casino in Reno, Nevada. The company also owns and operates the Monarch Casino Resort Spa Black Hawk in Black Hawk, Colorado. On the other hand, Caesars Entertainment, Inc. (CZR) operates as a gaming and hospitality company in the United States. The company operates casinos, dining venues, bars, nightclubs, lounges, hotels, and entertainment venues.

The COVID-19 pandemic-led restrictions proved to be a massive hurdle for the casino industry, as physical casinos were forced to remain closed. However, companies providing online casino services were able to generate significant returns. Along with the rising demand for online casinos, the reopening of physical casinos with the increasing legalization of gambling should drive the industry’s growth in the upcoming months. According to Research and Markets, the global online gambling market is expected to reach $112.09 billion in 2025, growing at a CAGR of 12%. Therefore, both MCRI and CZR should benefit.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.