Which operators were among the top growth shares?
New research from Online Gambling Quarterly finds The Stars Group's share price was the best performer
Once a quarter the Online Gambling Quarterly provides an overview about the best performing shares of online gambling operators and service providers. The biggest leap among the analysed “pure” online gambling companies was taken by The Stars Group with an increase of +33% over the past three months.
Below the key results of the analysis – find here more insights:
“Winner” – The biggest leap in the sample of “pure” online gambling companies was taken by The Stars Group with an increase of +33% over the past three months.
“Loser” – Betsson shares took the biggest three-month hit with a decrease of -18%.
Average growth – On average, the share prices of the analysed companies increased by +0.5%.
Comparison to FTSE 100 – Compared to the three-month development of the FTSE 100 (+8%), the average development of the online gambling industry looks “worse”.
Multi-channel operators – Among the multi-channel operators that also operate a significant retail business Mybet is the “winner” with a share increase of +25% over the past months. Among the multi-channel operators, William Hill took the biggest hit with a decrease in share price of -6%.
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 increased on average by +10% (compared to +0.5% for the online-only operators).
