10 Cheap Gaming Penny Stocks under $5 and $10

Last Updated on December 29, 2020 by Henry John

The gaming industry has been growing rapidly over the past years, with over 2.5 billion gamers around the world.


In 2018, the video games market generated $131 billion and according to a report from GlobalData, the video games market alone could become a $300 billion industry by 2025.


Looking to buy cheap (small-cap) gaming stocks under $1, $5 and $10, the following list of stocks fit into that filter:

1. Allied Esports Entertainment Inc.

Allied Esports Entertainment Inc. operates as an esports and entertainment company worldwide. The company operates through two segments, Gaming & Entertainment, and E-Sports.

It provides infrastructure, transformative live experiences, multiplatform content, and interactive services to audiences under the Allied Esports and World Poker Tour (WPT) brand names.

The company operates esports properties designed to connect players and fans through a network of connected arenas; a gaming arena located at the Luxor Hotel in Las Vegas, Nevada; a mobile esports truck that serves as a battleground and content generation hub; and a studio for recording and streaming gaming events. It provides esports, including multiplayer video game competitions.

The company also offers televised gaming and entertainment, land-based poker tournaments, and online and mobile poker applications under the WPT brand name. In addition, the company operates ClubWPT.com, an online membership platform that offers inside access to the WPT; and sweepstakes-based poker product that allows members to play for real cash and prizes in 36 states and territories in the United States, and 4 international countries.

Further, it engages in the brand and music licensing business. The company is based in Irvine, California. Allied Esports Entertainment Inc. is a subsidiary of Primo Vital Limited.


2. PlayAGS, Inc.

PlayAGS, Inc. designs and supplies gaming products and services for the gaming industry in the United States and internationally. It operates through three segments: Electronic Gaming Machines (EGM), Table Products, and Interactive Games (Interactive).

  • The EGM segment offers various video slot titles for the marketplace; and EGM cabinets, including the Alora, Orion Portrait, Orion Rise, Orion Upright, ICON, Big Red, and Orion Slant. This segment also provides conversion kits that allow existing game titles to be converted to other game titles offered within that operating platform. It serves Class II Native American, Mexico, and the Philippines gaming jurisdictions, as well as Class III Native American, commercial, and charitable jurisdictions.
  • The Table Products segment offers table products, including live felt table games, side bet offerings, progressives, card shufflers, signage, and other ancillary table game equipment, as well as table technology related to blackjack, poker, baccarat, craps, and roulette. This segment also provides Dex S, a single deck card shuffler for poker tables. Its brands include In Bet, Buster Blackjack, Double Draw Poker, and Criss Cross Poker.
  • The Interactive segment offers a platform for business-to-business content aggregation used by real-money gaming and sports-betting partners; and business-to-consumer social casino games through its mobile app, Lucky Play Casino.

The company was formerly known as AP Gaming Holdco, Inc. and changed its name to PlayAGS, Inc. in December 2017. PlayAGS, Inc. was founded in 2005 and is headquartered in Las Vegas, Nevada.


3. Century Casinos, Inc.

Century Casinos, Inc. operates as a casino entertainment company worldwide.

The company develops and operates gaming establishments, as well as related lodging, restaurant, horse racing, and entertainment facilities.

It owns, operates, and manages casinos in North America, England, and Poland; a racetrack and casino in Canada; and pari-mutuel off-track betting network in southern Alberta, Canada.

The company also manages cruise ship-based casinos; and provides gaming related services in Argentina. As of March 18, 2020, it operated five ship-based casinos.

The company was founded in 1992 and is based in Colorado Springs, Colorado.


4. GameStop Corp.

GameStop Corp. operates as a multichannel video game, consumer electronics, and collectibles retailer in the United States, Canada, Australia, and Europe.

The company sells new and pre-owned video game platforms; accessories, including controllers, gaming headsets, virtual reality products, and memory cards; new and pre-owned video game software; and in-game digital currency, digital downloadable content, and full-game downloads, as well as network points cards, and prepaid digital and prepaid subscription cards.

It also sells collectibles comprising licensed merchandise primarily related to the video game, television, and movie industries, as well as pop culture themes.

The company operates its stores and e-commerce sites under the GameStop, EB Games, and Micromania brands; and collectibles stores under the Zing Pop Culture and ThinkGeek brand, as well as offers Game Informer, a print and digital video game publication featuring reviews of new title releases, game tips, and news regarding the video game industry.

As of February 1, 2020, the company operated 5,509 stores across 14 countries. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.


5. International Game Technology PLC

International Game Technology PLC operates and provides gaming technology products and services worldwide. The company operates through four segments: North America Gaming and Interactive, North America Lottery, International, and Italy.

It designs, sells, and operates a suite of point-of-sale machines that reconciles lottery funds between the retailer and lottery authority; provides online lottery transaction processing systems; produces instant ticket games; and offers printing services, such as instant ticket marketing plans and graphic design, programming, packaging, shipping, and delivery services.

The company also designs, develops, assembles, and provides cabinets, games, systems, and software for gamin market, as well as offers gaming management systems for casino management, customer relationship management, patron management, and server-based gaming.

In addition, it provides video lottery terminals (VLT), VLT central systems, and VLT games; and amusement with prize machines and games to licensed operators. Further, the company offers sports betting services on sports and motor sports events, and non-sporting events, as well as sports betting technology and management services.

Additionally, it provides digital gaming products and services, including poker, bingo, and online casino table and slot games; social casino content; and remote game server, as well as iGaming systems and digital platforms that offers player account management, advanced marketing and analytical, and payment system services. The company processes commercial transactions, such as prepaid cellular telephone recharges, bill payments, e-vouchers and retail-based programs, electronic tax payments, prepaid card recharges, and stamp duty and money transfers services.

The company was formerly known as GTECH S.p.A. and changed its name to International Game Technology PLC in April 2015. The company was founded in 2014 and is headquartered in London, the United Kingdom.


6. Inspired Entertainment, Inc.

Inspired Entertainment, Inc., a business-to-business gaming technology company, supplies virtual sports and server based gaming worldwide.

It designs, develops, markets, and distributes a portfolio of games through its digital network architecture to betting offices, casinos, gaming hall and bingo operators, and regulated operators of lotteries, as well as government affiliated and licensed operators.

The company also offers gaming software and content to regulated betting operators, lotteries, casinos, online operators, and other gaming and lottery operators.

In addition, it provides end-to-end digital gaming solutions on its proprietary and secure network, which accommodates a range of devices, including land-based gaming machine terminals, as well as mobile devices, such as smartphones and tablets, and online computer applications.

The company operates approximately 33,000 digital terminals; and supplies its virtual sports products in approximately 35,000 retail channels and approximately 300 Websites.

Inspired Entertainment, Inc. was founded in 2002 and is based in New York, New York.


7. Super League Gaming, Inc.

Super League Gaming, Inc. operates an esports community and content platform. The company focuses on capturing, generating, aggregating, and distributing content across the genre of all things esports. It also features multiple forms of content through social media, live streaming, and video-on-demand, as well as continuous gameplay and leaderboards.

The company offers Framerate, an independent social video esports network powered by user-generated highlight reels; and Minehut, a proprietary platform that provides social and gameplay forum for the avid Minecraft community.

The company was formerly known as Nth Games, Inc. and changed its name to Super League Gaming, Inc. in July 2015. Super League Gaming, Inc. was incorporated in 2014 and is based in Santa Monica, California.


8. 500.com Limited

500.com Limited, through its subsidiaries, provides online gaming services primarily in the People’s Republic of China and Europe. It operates online gaming sites, such as Multilotto.com or Multilotto.net in Curacao, Malta, the United Kingdom, Ireland, and Sweden, as well as provides users with various casino services, including online slot machines and online table games.

The company also operates a sports information portal and a mobile application, which offers real time soccer match information and data-driven soccer match predictions, as well as allows users to post free or pay-per-view contents, such as observations and analyses on the sports information portal; and provides a pay-service, which offers users the ability to connect with independent sports experts to obtain information on specific sporting matches.

In addition, it engages in the provision of lottery-related technologies, systems, and solutions to state-run lottery operators.

Further, the company operates a platform to provide customers with online spot commodity trading for gold trade and delay products across PC and mobile devices.

The company was formerly known as 500wan.com Limited and changed its name to 500.com Limited in October 2013. 500.com Limited was founded in 2001 and is based in Shenzhen, the People’s Republic of China.


9. Newgioco Group, Inc.

Newgioco Group, Inc., a vertically integrated leisure betting technology company, provides online and land-based gaming services in Europe.

It offers a range of online and offline leisure gaming services, including lottery, casino gaming, sports betting, traditional casino games, live casino games, poker, bingo, virtual sports betting, and horse racing, as well as skilled and interactive games and slots; and owns and operates innovative betting platform software that provides a suite of online and offline leisure gaming services.

The company provides its products under the Newgioco brand name primarily through its Website, newgioco.it, as well as through retail betting locations; and through other gaming Websites, including originalbet.it, timetobet.it, lovingbet.it., imperialbet.it, clubgames.it, gamesmart.it, quibet.it, 782sport.it, and mixbet.it.

It serves 90,000 online user accounts through 1,000 Web cafés, 7 corners, and 172 agency locations.

The company was formerly known as Empire Global Corp. and changed its name to Newgioco Group, Inc. in July 2016. Newgioco Group, Inc. was founded in 1998 and is headquartered in Toronto, Canada.


10. Accel Entertainment, Inc.

Accel Entertainment Gaming, LLC owns and operates video gaming stores. It installs gaming terminals in the United States.

The company was founded in 2009 and is based in Lemont, Illinois.

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