Our iGaming Share Review (12-18 January)

Our iGaming Share Review (12-18 January) delves into the market performance of 888 Holdings, Playtech, and DraftKings! (Image by Maxim Hopman at unsplash.com)

Following on from our article looking at the 2021 share performance of major online gambling firms listed on the stock markets, we’re now going to provide a weekly iGaming share review whereby we take a look at the biggest movers and shakers. For our first report, the iGaming Share Review (12-18 January), we’re going to look at the weekly share performance of 888 Holdings, a company close to acquiring all of William Hill’s non-US assets, Playtech, a firm subject of acquisition bids, and DraftKings, one of the largest online sportsbooks in the US.

888 Holdings

888 Holdings (888.L) have endured a torrid week that has left its investors frustrated, to say the least. With the huge price drop between 4-5 January, the stock went under the 300 GBX resistance level with ease. As of last Wednesday (12 Jan), many investors thought the price of 286 GBX represented great value. The stock price steadied, causing investors to believe that they had successfully bought the dip, but it wasn’t to be. The stock tanked to 260 GBX on Tuesday 18th January, the lowest it’s been since November 2020. With the acquisition of William Hill, many investors believe that the current price is only temporary, with William Hill being a cash cow for the group. 888 Holdings is due to declare the value of its May dividend in April, with a forecast amount of 11c. The forecast for the October payment is thought to be 4.75c, making a current dividend yield of 4.45% look very attractive.


Playtech (PTEC.L) has gone from strength to strength ever since the acquisition of Australia’s slot-machine making company, Aristocrat Leisure. At that time, the share price popped 60%, rocketing the company to a share price value of 677 GBX. Fast forward 3 months, and we now see a price of 724 GBX. Playtech looks very much like a solid investment right now, with some investors hoping that it’ll re-introduce its dividend payments, not seen since October 2019. On the other hand, with not paying dividends, investors are very much benefitting right now from a strong growth stock that holds a lot of cash.


DraftKings Inc (DKNG) shareholders have had a tough ride since September 2021. The US giant may be one of the most glamorous gambling companies, but the share price does anything but inspire confidence. Yet another terrible week for this stock, it was trading at 27.24 USD on Wednesday 12th January, to now 22.14 USD as of Tuesday 18th January. However, there is light at the end of the tunnel, as investors are being encouraged to buy into this growth stock. Wall Street has predicted that DraftKings will generate a 2022 yearly revenue of $1.88 billion, which represents an astronomical 44% increase year on year. We all know what happens when companies announce such monstrous earnings, meaning that now could be the time to buy this particular stock.

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