In this latest Gambling Share Prices 2024 – Issue 2, we look at iGaming stock performances from 2023 and 2024 market open prices. (Image by Mohamed Hassan from Pixabay)
The diversity and relevancy of online games, the dependability of the payment options, the platform’s UI and UX and, of course, the marketing strategy’s capacity to draw in and hold on to customers are just a few of the many elements that make up an online casino’s success.
Typical operators have a lot on their plate. Aggregators search for answers to these issues and develop all-inclusive products to help a new operator cover all the bases or solve a problem for an experienced casino owner.
Aggregator… what is it?
To put it briefly, an iGaming aggregator is a conduit that connects operators and software developers.
Complete solutions prepared for integration with an online casino platform are provided by aggregators to business owners. They can assist you in starting a project from scratch or integrating cutting-edge fixes into an already-existing web platform.
Operators who work with an aggregator are freed from handling individual contracts and agreements with different providers. Operators can quickly and easily set up their platform and have it operational hassle-free by integrating with a single Application Programming Interface (API).
What are the specifics?
One of the aggregators’ primary functions is content aggregation. For example, Playtech platforms combine various content from several providers into a single technical module, usually called an API. Operators can then use this combined content for integrated deployment. Operators no longer have to individually manage and integrate content from several suppliers, streamlining the content management process.
Through their APIs, aggregators are excellent at facilitating the smooth integration of content into platforms. Operators can add and deploy solutions onto their platforms quickly and hassle-free using these APIs. Thanks to this integration, customers will enjoy a seamless and practical user experience, increasing operators’ potential revenue. Aggregators free operators to concentrate on other facets of their business, like user engagement and marketing, by streamlining the integration process.
One essential component of the services that aggregators provide is technical support. Aggregators support and troubleshoot technical issues from initial integration to continuous maintenance. This support ensures your platform runs smoothly and reduces any interruptions or downtime that can affect the user experience.
Advantages
Automating business processes is extremely difficult, if not impossible, when operators handle all these issues alone because they take up much of the business owner’s time and attention. Operators can make their own lives easier by using aggregators to handle some of the work, freeing up their business hours to focus on more crucial organizational aspects of the online casino industry.
This week’s report covers the price action of Playtech, Aristocrat, Light & Wonder, Evolution, 888 Holdings and Inspired Entertainment over the last month.
Gambling Company Share Price Reports: Two weeks ago we published the first of our 2024 iGaming stock updates in the Gambling Share Prices 2024 – Issue 1 update. We compared the price performance of the company to 3 Jan 2023. This week we are rebooting for 2024, so you will the current price also compared to 2024’s 4 Jan market open.
Gambling Share Prices Update Jan 2024
Playtech – (PTEC.L)
- Playtech share price has been relatively flat since last December, with very little fluctuation either way. Since the last report, PTEC is down 2.3% but has bounced in the last 5 days. On a positive note, PTEC just finished hosting the largest iPoker event in the iGaming industry. The Elite Series Winter Edition was 1.5 months long (33k players), and the winners split a USD 10m prize pool from 800 tournaments in different formats. While the results were better than expected, this didn’t move the stock price, which is currently trading at 438.70 GBX.
Current Price: 438.70 GBX
2 Jan 2024 Open: 445.40 GBX
(-6.70 GBX | -1.5%)
3 Jan 2023 Open: 506.50 GBX
(-67.80 GBX | -13.39%)
Aristocrat – (ALL)
- Aristocrat has done extremely well in 2023 despite the turbulent global markets. The stock price is up 28% in the last year and 8% in the last month. ALL continues its strategy to partner with reputable companies worldwide, promoting and introducing new innovative products. Recent alliances include EBIT, IGT and Light & Wonder (cashless gaming trials in Australia) and are rolling out new NFL Super Bowl Link slot machines. The company is bullish, trading at AUD 43.80 and just off an all-time high of AUD 48.00.
Current Price: 48.00 AUD
2 Jan 2024 Open: 40.60 AUD
(+7.40 AUD | +18.23)
3 Jan 2023 Open: 30.66 AUD
(+17.34 AUD| +56.56%)
Light & Wonder – (LNW)
- Light & Wonder have extended their partnerships by teaming up with Hollywoodbets in South Africa and Ontario, Canada, with Playzido in the last month. They have appointed an independent director from recently acquired SciPlay to join their executive board in their aggressive expansion strategy. LNW is up 27% in the last year but down 2.3% since the last report. The share price is currently trading at USD 81.57 and close, breaking out to new highs.
Current Price: 81.57 USD
2 Jan 2024 Open: 81.56 USD
(+0.01 USD | +0.01%)
3 Jan 2023 Open: 56.95 USD
(+24.62 USD | +43.23%)
888 Holdings – (888.L)
- 888 Holdings recently announced that their earnings forecast for the coming year would be below market expectations. They expect the 2024 profit to be low due to substantial investments in AI and rising market costs. As a result, the share price has dropped 6.7% in the last month and is currently trading at 86.20 GBX.
Current Price: 86.20 GBX
2 Jan 2024 Open: 91.00 GBX
(-4.80 USD | -5.27%)
3 Jan 2023 Open: 84.60 GBX
(+1.60 GBX | +1.89%)
Evolution – (EVO)
- Evolution has had a mediocre year with a 6% increase in share price. But the company is trying to shake up the industry by launching a new live game show that it live streams to players in New Jersey. The popular show Crazy Time was a global hit in its original format but is now the biggest live casino game in the world. The game features multi-cameras, RNG multipliers and video gaming elements. EVO wants to reinvent the way casino games are played and enjoyed more interactively. Evolution is betting that this will be the future and increase revenues across all its territories. The stock is currently trading at 1,226 SEK and is in a bullish trend.
Current Price: 1,226 SEK
2 Jan 2024 Open: 1,217.40 SEK
(-8.60 SEK | -0.70%)
3 Jan 2023 Open: 1,028.00 SEK
(+198.00 SEK | +19.26%)
Inspired Entertainment – (INSE)
- Inspired Entertainment is in limbo with the global trading market as the company failed to announce their Q3 financial report last November. As a result, INSE is under investigation by a shareholder legal team, and the stock price has declined by almost 16%. The volatility in the share price will continue until the courts can resolve the issue. The stock is trading at USD 8.81 and has lost 8.5% since the last report.
Current Price: 8.81 USD
2 Jan 2024 Open: 9.84 USD
(-1.03 USD | -10.47%)
3 Jan 2023 Open: 12.85 USD
(-4.04 USD | -31.44%)
Disclaimer: The information on this page is not trading advice. We merely update the stock prices of gambling entertainment companies popularly followed by online casino players. For more information about playing at online casinos listed on global stock exchanges, please visit our reputable casinos info page.
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