In 2023, the casino and gaming industry in America has been setting new records. These winnings represent the net cash flow to the casino after accounting for amounts that visitors might have won during their game playing. Casino revenues are generated from the players and are commonly referred to as winnings. While the casino and gaming sector was hit by the coronavirus pandemic, inflation and a recovery in discretionary spending have enabled casinos and other establishments to report higher revenues. Gambling is perhaps the best example of a consumer discretionary industry whose fortunes rise and fall with the ability of players to spend significant amounts of money on games of chance that always carry the risk of losses. If you want to skip our overview of the casino industry and important economic news, then check out The 5 Largest Gambling Stocks of 2023. In this piece, we will take a look at the ten largest gambling stocks of 2023.
