Which operators were among the top growth shares in Q1 2018?
Online Gambling Quarterly's latest report reveals Zeal Network and The Stars Group led the way in the three-month period
Once a quarter the Online Gambling Quarterly provides an overview of the best performing shares of online gambling operators and service providers.
Below the key results of the analysis – find here more insights:
‘Winner’ – The biggest share price leap among the analysed ‘pure’ online gambling companies was by Zeal Network/Tipp24 with an increase of +27% over the past three months
‘Loser’ – Bet-at-home took the biggest three-month hit with a decrease of -29%
Average growth – On average, share prices analysed decreased by -0.6%
Comparison to FTSE 100 – Compared to the three-month development of the FTSE 100 (-6%), the average development of the online gambling industry looks better
Multi-channel operators – Among the multi-channel operators that also operate a significant retail business, William Hill is the ‘winner’ with a share increase of +6% over the past months. Among the multi-channel operators, mybet took the biggest hit with a decrease in share price of -31%.
Comparison to multi-channel operators – It is also interesting to compare the performance of exclusively online gambling companies with that of companies also operating a retail/land-based business. The share prices of the online/retail operators analysed decreased on average by -10% (compared to -0.6% for the online-only operators).