In the UK, gambling is practically considered a form of adult entertainment.
Residents and visitors enjoy playing bingo, lotteries, and online casinos for real money. It has also become an incredible business adventure for most individuals, especially gamers, who love investing in the stock market.
The casino stocks market is quite different from the usual. Investors are focused on casino stocks considering their impressive performance on the exchange market. The iGaming industry is responsible for this shift, and the stock list is becoming extensive due to this booming industry. Again, the legislation of online gambling in several countries also contributes to the impressive growth of this sector, which in turn increases the rate investors take on casino stocks.
In 2020, casino stocks took a hit, resulting in a declining revenue due to the pandemic. Land-based locations with no online presence had their price share take a hit. However, casino stock prices increased through online gaming and software services. Investing involves certain risks; here are the biggest casino companies listed on the stock market.
Catalyst Media Group
Catalyst Media Group (CMG), founded in 2000, has 20.54% stakes in Sports Information Services Holdings LTD. SIS is responsible for supplying round-the-clock betting products and services globally to online and retail providers. Essentially, they help betting providers with live pictures, huge markets, and prices to spike up betting revenues, data on-screen graphics having betting triggers, and more.
Betting providers get a good range of markets and pricing for greyhound and horse racing with SIS trading services. As a result, CMG stocks are ranked one of the best performing in 2022, with a price change of 6.12% and a current share price of GBX 50.00. Catalyst Media Group has a market cap of 94 10.94 million, and its trading ticker symbol is CMX.
Gaming Realms PLC
Gaming Realms PLC is a casino company that licenses, develops, and publishes mobile gaming products in the United Kingdom, United States, Canada, Sweden, and other international spaces. The casino company has their listing location or headquarters in the United Kingdom. The stock has a trading ticker symbol “GMR,” It is also listed and trades on the London Stock Exchange. GMR’s market capitalization sits at ￡ 86.1 million, and its current share price is GBX 28.10.
Rank Group PLC
Rank Group PLC, established in 1937, is another global company listed on the stock market. In partnership with its subsidiaries, the casino company supplies gaming products and services in Spain, Great Britain, Belgium, etc. Rank Group PLC has RNK as its trading ticker symbol. Rank Group market capitalization sites at ￡ 777.12 million. It currently has a share price that sits at 139.20. In the previous year, its closing price was GBX 156.00.
Sportech PLC is a sports entertainment company founded in 2007. It provides tech solutions for sports teams, gaming companies, casinos, and lottery, racetracks clients across the United Kingdom, South America, North America, Europe, and generally, on the international space. Its operations are via Sportech Racing and Digital, Corporate Costs segments, and Sportech Venues providing pari-mutuel wagering operations and managing OTB venues. Sportech’s market capitalization sits at ￡ 34.71 million and has a current share price of GBX 35.10. The casino company has SPO as its trading ticker symbol.
With a market capitalization of ￡ 2.11 billion and current share prices of GBX 626.50, Playtech PLC is a performing stock listed on the stock market. Generally, Playtech PLC’s annual price ranges from GBX 347 – 775, and Its trading ticker symbol is PTEC. The casino company develops and sells online and retail gambling products and services worldwide. The company operates through financial segments, Gaming B2C and Gaming B2B. Additionally, Playtech also has an online trading platform that allows its customers to trade contracts.
Flutter entertainment has the symbol FLTR and is a leading UK gambling and sports betting company. The casino company was created in 2016 and has moved up the ranks via several acquisitions and mergers. Today, Flutter Entertainment owns companies like Betfair, Paddy Power, Foxbet, FanDuel, and more.
The Flutter Entertainment company is part of the Financial Times Stocks Exchange (FTSE) 100 with a market capitalization of over ￡ 22 million. The company’s current stock price sits at 9,200 GBX. Over the past 12 months, its share price has spiked more than 16% and has also recorded a 1,800% share price hike over the past five years.
Entain Holdings is a gaming and sports betting group that came out of GVC Holdings. In 2010, GVC Holding was rebranded to meet and exceed expectations in retail and online casinos. They offer casino, sports betting, bingo, and poker products through their technology. Additionally, the casino company also operates brands such as Sportingbet, BetMGM, Bwin, Coral, Eurobet, Foxy Bingo, Partypoker, etc.
Entain Holding is a public casino company currently traded with a market capitalization of over ￡ 9.9 billion. With a trading ticker symbol of ENT, the share price has risen over 20% in 2022 and is currently at 1,622.50 GBX. Experts have made it public that the stock is currently aiming at 1,730 GBX in 2022. A few months ago, American’s MGM Holdings bid to buy the company but was turned down.
Gamesys Group is a renowned and leading international operator well-positioned for the evolving casino sector. The online gaming brand was founded in 2001 by Andrew Dixon, Robin Tomb, Noel Hayden, and others.
Gamesys Group offers Virgin Casino and Virgin Games through its partnership with Richard Benson. It also provides gambling products via Rainbow Riches Casino. Essentially, the gaming brand benefits via the brand name of Virgin, proprietary platforms recognized as Excite and Enjoy, and its geographical coverage.
The gaming provider has a current market capitalization of more that ￡ 2 billion with a current stock price of 1850 GBX. The stock price reached an all-time high close to 2,000 GBX in March 2021 and is known with the “GYS” symbol. The gaming company is focused on spreading its operations across Africa, exploring countries like Nigeria, where online gambling seems to be booming. Ideally, this new market would increase monetization in the future.