‘UK’s Online Gambling Stock trend

Gambling is a popular form of entertainment in the UK. People love to play bingo, lotteries, casino games, horse racing bets and casino games for some real money.

The gambling industry has been on the rise since 2020 however nobody expected such a huge raise due to the pandemic situation. As the entire UK was locked indoors they were looking for fun games to play at home.

People started playing betting games online which increased 50% revenue growth in the Online  gambling industry of the UK.

The Effect of Growth on Gambling Stocks

For years, gambling has been a profitable business in the UK. Many major industry players have become the market leaders now. Earlier there used to be a lot of companies offering online and retail gambling services. 

In this article we will discuss some of the top UK’s online gambling stock trends. Keep reading. 

Investing in the UK Gambling Industry

With the constant growth of top gambling companies the stocks of sports and gamblings are offering a potential long term investment. 

If you are looking to invest in some big UK casinos and online gambling companies then check out these three big stocks. 

Flutter Entertainment (Symbol: FLTR)

Flutter is the new kid on the block in Uk’s elite gambling conglomerates who joined in 2016. The company rose to top through mergers and acquisitions.

These are some of the gambling brands they own, Betfair, Paddy power, Fandueel, Foxbet and Pokerstars among few.

The current market value of the company is 22 Billion Euro. The current share value of the company is 9546.

Entain Holdings (Symbol: ENT)

BetMGM, a sports betting company, recently acquired Entain for more than 11 Billion Euro. however the deal fell apart shortly, it served as a reminder.

Entain operates the following online gambling brands- Ladbrokes, Bwin, party Casino, Coral and Party Poker.

Entain has a market value of 9.9 Billion Euro and the current stocks are priced at 1428p.

Gamesys Group (Symbol: GYS)

Gamesys is a unique player in the UK gambling industry. The main focus of the company is towards supporting and developing Casino and sports online betting websites.

The top platforms of the company are Enjoy and Excite. The company also gets a huge benefit from the partnership with Virgin games, and Richard Branson  and other Virgin Casino brands.

Current market value of Gamesys is more than Euro 2 billion. The current stock value is 1847p. The company has been constantly expanding in the African market to boom online gambling in Nigeria and significantly increase monetisation. 

With stock values so high these times, investors are always looking for buying opportunities. These three stocks are priced reasonably based on the P/E index. 

Love Belfast
Love Belfast
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