2 Casino Stocks Wall Street Loves

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Furthermore, online gambling has gained in popularity since the onset of the pandemic as an alternative to brick-and-mortar casinos. This is evidenced by the VanEck Vectors Gaming ETF’s (BJK) 81.2% returns versus SPDR S&P 500 ETF’s (SPY) 45.3% over the past year.

Given this backdrop, Wall Street analysts expect casino stocks Penn National Gaming, Inc. (PENN) and Melco Resorts & Entertainment Limited (MLCO) to deliver solid returns in the coming months.

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