Why Casino Stocks Are a Great Buy Today

Casino stocks were among the hardest hit when COVID-19 hit the U.S., and there hasn't been the same swift recovery we've seen in other sectors. But the gambling industry may not be as hard-hit as you might think. It's not like cruise lines, where ships are docked without customers. This isn't even the hotel industry, where business and leisure travel has dropped to a standstill.

Resorts in Las Vegas and across the country can still rely on gamblers coming in to play a few hands of blackjack or sit at a slot machine for revenue. And that will keep them afloat until a full economic recovery kicks in. When it does, MGM Resorts (NYSE: MGM), Wynn Resorts (NASDAQ: WYNN), Las Vegas Sands (NYSE: LVS), and Caesars Entertainment (NASDAQ: CZR) could crush the market.