An interesting 2 weeks of price movements in this latest Gambling Share Prices 2023 Issue 9 report. PTEC, EVO, ALL & ENT in the green! (Photo by MediaModifier on pixabay.com)
Overall, the iGaming market has faired very well in the last couple of weeks. There haven’t been any adverse macroeconomic factors or industry-specific failures to cause a downturn in the market.
All the major global indices have enjoyed slight gains and the iGaming industry has followed suit.
While some companies have enjoyed modest gains, 888 Holdings has jumped 26% since the last update.
It would appear that the company has rectified many of its previous issues and investors are confident that the company will profit in 2023.
Gambling Company Shares Issue 8: For the report 2 weeks previous to this one, check out the Gambling Share Prices 2023 (Issue 8) here.
Gambling Share Prices Update
Playtech – (PTEC.L)
- PTEC was at 537 GBX two weeks ago and continued an upward trend and has risen almost 5% since then. The company seems to be recovering from the market sell-off at the end of March when the stock price was at 508 GBX. Playtech investors are bullish on this stock and it would seem that the share price will continue to push upward. The stock is currently trading at 559 GBX and If PTEC can push through resistance of 562 GBX, it could be on the way to its yearly high of 595 GBX.
Current Price: 595 GBX
3 Jan 2023 Open: 506.50 GBX
2023 Performance
+88.50 GBX (+17.46%)
Aristocrat – (ALL)
- Aristocrat has enjoyed a very nice run since the start of the year and is up 24%. The company hit a year-to-date high on April 3rd of 38.49 AUD but has been flat for the last couple of weeks. ALL is poised to breakout into new yearly highs in the coming days/weeks and is not far off an all-time high of 48.28 AUD, achieved last November and today closed at 37.97 AUD. The company continues to design quality, interactive games that serve all types of players in all regions, and showcase them at all international exhibitions.
Current Price: 37.97 AUD
3 Jan 2023 Open: 30.66 AUD
2023 Performance
+7.31 AUD (28.83%)
Light & Wonder – (LNW)
- Light & Wonder is still recovering since releasing mixed Q4 results back in March. While the revenues rose 14%, they were plagued by high operational costs and the bottom line missed the EPS by 0.25 USD. LNW did hit a calendar year high last February of 68.55 USD and has risen almost 6% in the last month. As of trading on the NASDAQ ending, the company shares were at 58.48 USD. Market analysts are mixed on this stock but believe that LNW are gaining momentum and indicated that significant gaming business market gains are in the near future.
Current Price: 48.58 USD
3 Jan 2023 Open: 56.95 USD
2023 Performance
-8.37 USD (-14.69%)
888 Holdings – (888.L)
- 888 Holdings have suffered over the last year and lost 75% of their share price up to the beginning of April. The company’s fortunes have since turned around and the share price is up 36% in the last month and 26% since the last report. Last week the company reported that they are forecasting a higher adjusted core profit for 2023. 888 will focus on cost cutting and core growth markets but stated the revenue would be in the single digits. The recently acquired William Hill was the focus of a probe into money laundering and responsible gambling measures, which they were fined £19.2 m last month. The London based firm said that William Hill will be significant in turning the company around in 2023 and expect a substantial amount of revenue to come out of this venture. The stock is down in the last five days and opened down today and is currently trading at 76.60 GBX.
Current Price: 76.60 GBX
3 Jan 2023 Open: 84.60 GBX
2023 Performance
-8.00 GBX (-9.46%)
Entain – (ENT)
- Entain continues its run as it is up 9% since the last report. It opened higher today is currently trading at 1,427 GBX and investors continue to show support as the stock pushes up. The company is still riding high after posting an exceptional Q1 announcement that had robust numbers that carried over from its FY 2022 financial report. It is evident that the company’s approach of acquiring key players in the industry has assisted their sustainable strategy (utilising excess cash for expansion & diversification). Entain also has adheres to the strict player protection programme (ARC) it instituted and exiting markets that aren’t regulated. ENT will be the only global iGaming company to earn 100% of its revenue from regulated or regulating regions by the end of 2023.
Current Price: 1,427 GBX
3 Jan 2023 Open: 1,328.50 GBX
2023 Performance
+98.50 GBX (+7.41%)
Evolution – (EVO)
- Evolution continues to creep up incrementally, month to month. In the last calendar year, the company is up 51%, one of the best-performing stocks in the iGaming industry. EVO hit a yearly high last week of 1,422 SEK but pulled back a little and is now trading at 1,405 SEK. It would seem that EVO is poised to hit yearly highs in the coming weeks. The stock opened down today and is currently seeing resistance at 1,419 SEK and support at 1,394 SEK.
Current Price: 1,405 SEK
3 Jan 2023 Open: 1,028 SEK
2023 Performance
+377 SEK (+36.67%)
Inspired Entertainment – (INSE)
- Although INSE is off the yearly highs it attained last month; the share price is on the upswing. The company that delivers online slots and land-based aracde slots last report, showed the company is up 7% since the last bi-weekly report here on Casinoplusbonus. It is currently trading at 12.69 USD. The stock opened up yesterday but finished lower after announcing a partnership with FanDuel in Michigan, providing gaming content. INSE moved into Michigan as it is one of the largest iGaming markets and now has 90% coverage throughout the state. The partnership also includes Ontario, which has been a boost to their yearly bottom line.
Current Price: 12.69 USD
3 Jan 2023 Open: 12.85 USD
2023 Performance
-0.16 USD (-1.24%)
Disclaimer: The information in this iGaming stocks update has not been researched by professional investors. It is purely factual numbers and figures. For real time prices, please refer to a dedicated trading platform like eTorro or Trading View.
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