James Packer’s Crown Resorts Ltd (ASX: CWN) has been an excellent investment for shareholders over the last two years, with shares surging over 88% as revenues grow and the company pushes on with an aggressive growth strategy.
Everyday investors like you and I may not be lucky enough to inherit a billion-dollar business empire, but we can start building our own today. There are three stocks I would include in my gaming empire today:
1. SkyCity Entertainment Limited (ASX: SKC)
SkyCity would be the foundation of my gaming empire due to its defensive monopoly position in most of its markets, including Auckland and Hamilton in New Zealand and Adelaide and Darwin in Australia.
Approved extensions to its Auckland and Adelaide casino licenses as well as increases to the number of tables and gaming machines should support continued growth over the next five to ten years.
2. Ainsworth Game Technology Limited (ASX: AGI)
With a formidable growth record over the last five years, growing revenues over 300%, I expect Ainsworth to continue to grow market share in the key markets of North and South America. Ainsworth will also benefit from the influx of casino growth in Australia as well as South East Asia going forward.
3. Donaco International Ltd (ASX: DNA)
Vietnam-based casino resort operator Donaco has been flying under the radar of investors, but is expected to see revenues explode with the opening of its new 428-room hotel. With shares down 28% in the last three months now could be the time to add it to your budding empire.