Playtech and Sportingbet reflect 2011 sector share price slump
Five egaming firms saw share prices fall by 20% or more, summary from Panmure Gordon reveals.
Five listed egaming firms saw their share prices fall by 20% or more over the course of 2011, according to data collated by stockbroker Panmure Gordon.
Playtech and Sportingbet suffered the worst drops, falling 33% and 49% respectively over the 12-month period, while bwin.party (-20%), 888 (-21%) and Betfair (-22%) also experienced notable declines.
Of the 10 egaming companies included in analyst Simon French’s stock performance summary, only three experienced gains of more than 10%.
NetPlay TV experienced a 22% increase, albeit from a low starting-point of 7.25 pence a share on 31 December 2012, while William Hill (+19%), Sportech (+14%), Ladbrokes (+6%) and Rank Group (+<1%) were also on the rise, all outperforming the FTSE All Share.
In terms of pence per share increases and decreases, the biggest losers were Betfair (down 211.5p) while William Hill’s 32.1p was the biggest rise.
2011 stock performance summary:
| Stock | 31/12/2010 | 31/12/2011 | % change |
| NetPlay TV | 7.25p | 8.875p | +22% |
| William Hill | 170.7p | 202.8p | +19% |
| Sportech | 38.25p | 43.5p | +14% |
| Ladbrokes | 122.7p | 130p | +6% |
| Rank Group | 126.4p | 126.7p | +<1% |
| FTSE All Share | 3062.85 | 2857.9 | -7% |
| bwin.party | 205.5p | 164p | -20% |
| 888 Holdings | 54.75p | 43p | -21% |
| Betfair | 964p | 752.5p | -22% |
| Playtech | 420p | 282p | -33% |
| Sportingbet | 61.7p | 31.5p | -49% |