LIVE
DKNG
DraftKings Inc. · Consumer Discretionary
$26.39
+3.33% this month
VERSUS
⟷
COMPARE
CZR
Caesars Entertainment, Inc. · Consumer Discretionary
$29.22
+6.25% this month
Scoreboard verdict
Across AI score, momentum, valuation, upside, operating margin
DKNG
3
CZR
1
Comparison scoreboard
DKNG LEADS 3/5AI Score
DKNG ✓38.5
CZR 38.1
1Y Return
DKNG -33.36%
CZR ✓+10.47%
Fwd P/E
DKNG ✓15.43
CZR 35.02
Target Up.
DKNG ✓+32.18%
CZR +8.06%
Op. Margin
DKNG N/A
CZR 17.56%
Metrics last refreshed: 6/20/2026
Quick take
DKNG vs CZR Stock Comparison: AI Score, Valuation, Performance and Upside
DraftKings and Caesars are both sports betting companies but with very different business models. DraftKings is a pure-play digital betting company with no physical casino properties. Caesars is a casino resort operator with a sports betting app as one component of a diversified gaming entertainment business. Both are investing in online sports betting; Caesars has the loyalty program and casino cash flow advantage; DraftKings has the pure-play digital focus.
DKNG vs CZR is pure-play online sports betting and iGaming growth investing (DraftKings) versus a diversified casino resort operator adding digital sports betting leveraging its massive loyalty program (Caesars) — DraftKings offers digital sports betting focus; Caesars offers diversified gaming with physical casino stability and loyalty program cross-sell.
Live analysis · updated 6/20/2026
DKNG holds the edge across 3 of 5 key metrics in this comparison. CZR has delivered stronger 1-year price return (+10.47% vs -33.36%), though DKNG trades at the lower forward P/E (15.43x vs 35.02x). Analyst consensus implies meaningfully more upside for DKNG (+32.18%) than for CZR (+8.06%).
Normalized 1Y performance
DKNG
CZR
Recent returns
DKNG
CZR
Analyst price targets & sentiment
DKNG · 35 analysts
STRONG BUYHOLDSTRONG SELL
Buy (1.6/5.0)
Price target range
analyst low$20.00
analyst high$74.00
analyst mean$34.88
current price$26.39
+32.2% upside to analyst mean
CZR
Price target range
analyst mean$31.87
current price$29.22
+8.1% upside to analyst mean
Who should consider this stock?
DKNG may suit investors who:
- →prefer pure-play online sports betting exposure without legacy casino property overhead and debt
- →value DraftKings' digital-first approach enabling rapid state-by-state expansion without physical infrastructure investment
- →want sports betting market growth exposure in the player most focused on winning online market share vs physical casino incumbents
- →are comfortable with ongoing losses from promotional spending, FanDuel's market share lead, and the lumpy state-by-state expansion cadence
CZR may suit investors who:
- →prefer diversified gaming entertainment with Las Vegas Strip hotels, regional casinos, and digital sports betting in a combined portfolio
- →value Caesars Rewards' 90M+ member loyalty program as a structural advantage for cross-selling online sports betting to existing casino customers
- →want gaming sector exposure with physical casino cash flow providing earnings stability during digital betting investment periods
- →are comfortable with $12B+ in merger debt, Caesars Sportsbook's reduced digital marketing investment pace, and Las Vegas/regional gaming cycle exposure
Performance & AI score
| Metric | DKNG | CZR |
|---|---|---|
| AI score | 38.5 | 38.1 |
| AI rank | #1269 | #1320 |
| Latest close | $26.39 | $29.22 |
| 1M return | +3.33% | +6.25% |
| 6M return | -22.50% | +23.03% |
| 1Y return | -33.36% | +10.47% |
$10,000 invested — hypothetical growth (dividends reinvested)
How much would $10,000 be worth today if invested at the start of each period, with all dividends reinvested?
| Period | DKNG | CZR |
|---|---|---|
| 1Y ago | $6.66K (-33.4%) started 2025-06-18 | $10.53K (+5.3%) started 2025-06-18 |
| 5Y ago | $5.49K (-45.1%) started 2021-06-18 | $2.81K (-71.9%) started 2021-06-21 |
| 10Y ago | $26.93K (+169.3%) started 2019-07-25 | $19.57K (+95.7%) started 2016-06-20 |
Hypothetical — past performance does not guarantee future results.
Valuation & upside potential
| Metric | DKNG | CZR |
|---|---|---|
| Market cap | $13.09B | $6.01B |
| Trailing P/E | 293.22 | N/A |
| Forward P/E | 15.43 | 35.02 |
| Price/Sales | 2.08 | N/A |
| EV/Revenue | 2.39 | 2.71 |
| Analyst target | $34.88 | $31.87 |
| Target upside | +32.18% | +8.06% |
Growth, profitability & risk
| Metric | DKNG | CZR |
|---|---|---|
| Revenue growth | 16.80% | 2.70% |
| Earnings growth | N/A | N/A |
| EPS growth | N/A | N/A |
| FCF margin | +9.59% | +6.51% |
| Operating margin | N/A | 17.56% |
| Profit margin | 0.93% | -4.20% |
| ROIC proxy | 7.94% | -10.72% |
| Return on equity | 7.94% | -10.72% |
| Dividend yield | 0.00% | N/A |
| Beta | 1.65 | 1.77 |
| Debt/equity | 316.98 | 722.66 |
| Current ratio | 1.02 | 0.85 |
| Quick ratio | 0.70 | 0.62 |
Drawdown & downside risk
Lower drawdown and smaller single-period drops generally indicate a smoother ride, though they do not guarantee lower future risk.
1Y risk snapshot
DKNG max drawdown57.04%
CZR max drawdown42.43%
DKNG max wkly drop18.71%
CZR max wkly drop19.84%
5Y risk snapshot
DKNG max drawdown83.87%
CZR max drawdown84.82%
DKNG max wkly drop34.71%
CZR max wkly drop27.27%
10Y risk snapshot
DKNG max drawdown85.73%
CZR max drawdown89.78%
DKNG max wkly drop37.74%
CZR max wkly drop71.34%
Performance metrics by period
| Period | Metric | DKNG | CZR |
|---|---|---|---|
| 1Y | Growth | -33.36% | +5.30% |
| CAGR | -33.38% | +5.31% | |
| Sharpe ratio | -0.69 | 0.26 | |
| Max drawdown | 57.04% | 42.43% | |
| Max daily drop | 13.51% | 15.23% | |
| Max wkly drop | 18.71% | 19.84% | |
| 5Y | Growth | -45.09% | -71.86% |
| CAGR | -11.30% | -22.43% | |
| Sharpe ratio | 0.04 | -0.31 | |
| Max drawdown | 83.87% | 84.82% | |
| Max daily drop | 27.82% | 15.23% | |
| Max wkly drop | 34.71% | 27.27% | |
| 10Y | Growth | +169.29% | +95.71% |
| CAGR | +15.44% | +6.95% | |
| Sharpe ratio | 0.47 | 0.34 | |
| Max drawdown | 85.73% | 89.78% | |
| Max daily drop | 27.82% | 37.51% | |
| Max wkly drop | 37.74% | 71.34% |
Business comparison
| Category | DKNG | CZR |
|---|---|---|
| Company | DraftKings Inc. | Caesars Entertainment, Inc. |
| Sector | Consumer Discretionary | Consumer Cyclical |
| Industry | N/A | N/A |
| Core business | DraftKings is a digital sports betting and iGaming company operating in 25+ US states and select international markets. It offers sports betting (DraftKings Sportsbook), daily fantasy sports, iGaming (online casino), and marketplace betting. DraftKings went public via SPAC in 2020 and has been investing heavily in customer acquisition and state market entry. The company is pursuing path to profitability after years of heavy promotional spending to capture sports betting market share. | Caesars Entertainment is one of the largest casino resort operators in the US with 50+ properties under Caesars, Harrah's, Horseshoe, and other brands. Caesars also operates the Caesars Sportsbook (online and retail sports betting) and iGaming platform. Unlike DraftKings, Caesars combines physical casino revenue with online sports betting, using its Caesars Rewards loyalty program (90M+ members) to cross-market online betting to existing casino customers. Caesars carries significant debt from its 2020 Eldorado Resorts acquisition. |
| Investor focus | Investors track revenue growth, monthly unique payers, hold rate (profit margin on bets placed), and the quarterly progress toward adjusted EBITDA profitability. | Investors track same-store casino revenue (Las Vegas and regional), Caesars Sportsbook online revenue vs marketing spend, debt reduction trajectory, and free cash flow from the casino asset base. |
DKNG strengths
- →Pure-play online sports betting exposure without casino property overhead — DraftKings can enter new states without physical infrastructure costs
- →Brand recognition from daily fantasy sports history provides customer familiarity advantages in new sports betting markets
- →iGaming expansion (online casino games) is higher-margin than sports betting and expanding in states legalizing both
CZR strengths
- →90M+ member loyalty program provides a massive pre-existing customer base for converting casino players to online sports betting users
- →Physical casino properties generate substantial consistent cash flow from gaming, hotel, food, and entertainment — funding online betting investment
- →Las Vegas Strip exposure benefits from the structural shift of Las Vegas from gambling destination to entertainment and convention destination
Risks to watch — DKNG
- →Heavy promotional spending to acquire bettors has prevented profitability — DraftKings spends heavily on bonuses and free bets to win first-time bettors from competitors
- →FanDuel (Flutter Entertainment) has taken market share lead in US sports betting — DraftKings is the #2 player in a duopoly market
- →State-by-state regulatory expansion creates lumpy revenue as each new state requires significant upfront customer acquisition investment
Risks to watch — CZR
- →$12B+ in debt from the Eldorado/Caesars merger is a significant constraint on operational and strategic flexibility
- →Caesars Sportsbook has been reducing digital marketing investment — scaling back from the intense promotional spending that drove initial user acquisition in online sports betting
- →Regional casino markets face competition from tribal casinos, neighboring state legalization, and potential online expansion in additional states
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