MV Index Solutions launches new online gambling and esports index
Germany-based firm’s index will track companies that generate at least half of their revenue from igaming platforms
Finance firm MV Index Solutions has unveiled the BlueStar Global Online Gambling, Video Gaming and eSports Index (BVGOG) to track industry performance. BVGOG will monitor the performance of global companies that are active in the online gambling, video gaming and esports industries. The new index will include companies that generate at least 50% of their revenue from online gambling platforms or related software. The index will also include firms that develop video games and related software and hardware such as computer processors and graphics cards used in video game systems like Nvidia. In addition, it includes companies that make controllers, headsets and consoles, as well as streaming services like Twitch or video games used in esports events or are involved in esports events such as league operators, teams, distributors and platforms. The BVGOG is calculated in US dollars as price indices, total return net indices, and total return gross indices and is weighted by free-float market capitalisation. The index will be revised every quarter. Global head of research and investment strategy at MV Index Solutions, Josh Kaplan, said: “We are pleased to announce the launch of the BlueStar Global Online Gambling, Video Gaming and esports Index. “The fight among online content and entertainment companies for screen time has only intensified over the last few years. “With wider adoption of online gambling and sports betting throughout the US and the rest of the world and incorporation of augmented and virtual reality in video gaming, the companies included in this index are in a prime position to be amongst the winners,” Kaplan concluded.