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. Â 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).