12 Best Gambling Stocks to Buy According to Analysts

1. Caesars Entertainment, Inc. (NASDAQ:CZR)

Analysts’ Upside Potential as of April 11: 92.62%

In 2020, Eldorado Resorts acquired Caesars Entertainment, Inc. (NASDAQ:CZR), retaining the Caesars name. After the merger, it is now the largest casino operator in the United States, with 54 properties worldwide, including eight on the Las Vegas Strip. The firm runs casinos in sixteen states. Despite developments in online gambling, the majority of the company’s operations remain in Las Vegas and regional casinos. Like other casino operators, it intends to profit from its national network by creating a reward program that encourages visits to multiple venues.

Caesars Entertainment, Inc. (NASDAQ:CZR) recently reported its fourth-quarter and full-year 2024 results, which revealed a range of performance across all segments. In Q4, GAAP net revenues were $2.80 billion, a slight decrease from $2.83 billion in the same quarter of the prior year. However, net profits were $11 million, compared to a loss of $72 million during the same time last year. The business recorded $11.2 billion in net revenues for the entire fiscal year 2024, a decrease from $11.5 billion in 2023, and a $278 million net loss versus $786 million in net profitability. However, the revenues from the Promenade and WSOP sales were used to repurchase $50 million in shares and repay $500 million in debt.

On February 19, David Katz, a Jefferies analyst, assigned a Buy recommendation to Caesars Entertainment, Inc. (NASDAQ:CZR) based on several factors that could influence its future performance. Katz is certain that these markets will recover by 2025, despite short-term challenges, particularly in the online business segment and regional gaming portfolio, which have been affected by recent dismal sporting events. While the regional portfolio may benefit from increased competition and new initiatives in specific areas, the digital segment is expected to expand due to stronger iGaming performance and lower promotional costs. Furthermore, it is anticipated that its operations in Las Vegas will stay consistent due to an active presence on The Strip and a recovering convention industry.

Overall, CZR ranks first among the 12 Best Gambling Stocks to Buy According to Analysts. While we acknowledge the potential of gambling companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than CZR but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

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