6 Online Gambling Stocks That You Can Rely On
Posted by Harry Kane on Saturday, May 9, 2020
Believe it or not, there’s an inherent link between gambling and investing, particularly when you consider that both entities involve risk, choice and the pursuit of a return on your original spend.
Another, but less obvious, crossover exists in the investment market, where it’s possible to invest in viable iGaming stocks that can deliver impressive returns in the near, medium and longer-term.
OK, we hear you ask, but which iGaming and gambling stocks offer the best value overall? Here’s a selection of the best-performing options!
1. Ladbrokes – GP.22
We’ll start with a stock that’s considered to be the benchmark for iGaming investment in the UK, with Ladbrokes established as one of the nation’s most successful and longest-standing brands.
Along with its parent company GVC Holdings, this is an incredibly popular betting option on the London Stock Exchange, while it’s also renowned for showcasing consistent growth patterns and tremendous solidity even in a challenging economic climate.
In fact, after close analysis of its stock market performance over the course of the last 10 years, experts often refer to this as a conservative or blue-chip investment in the same category as brands such as Coca-Cola.
This also means that investing in Ladbrokes can deliver consistent, dividend payouts, making it a relatively low-risk option that you can rely on.
2. NetEnt – NETB
Next up is NetEnt, which is established as one of the best game developers and software houses located anywhere in the world.
Founded in Stockholm in 2002, the brand has become synonymous with producing fair, immersive and high-quality casino games, and it continues to set a benchmark for testing and industry standards.
What’s interesting to note is that NetEnt entered the iGaming market a little later than many of its rivals, including Microgaming (which was developed initially in 1996). Despite this, its shares often outperform those of its rivals, thanks largely to its sustained focus on innovation and high-quality slots.
Its stocks on the Stockholm Stock Exchange have performed particularly well of late, while it has also benefited considerably from the opening up and regulation of the domestic iGaming market in Sweden.
3. Stars Group – TSG
In June 2014, a company led by David Baazov agreed to buy the parent company of PokerStars and Full Tilt Poker, for a combined total of $4.9 billion.
As a result of this huge and protracted deal, The Stars Group (then called Amaya) became the world’s single biggest publicly listed iGaming brand, which is little wonder given the profile of the PokerStars site during the noughties.
The Stars Group also boasts a diverse profile that stands comparison with anyone else on the market, and it’s this broad range of verticals that helps the business to perform so well on a consistent basis. The brand also boasts tremendous expertise, enabling it to become a market leader in an increasingly competitive space.
Of course, its stocks and shares have showcased volatility in the last decade, but this is natural during the process of a large-scale acquisition or merger. However, its shares have been relatively consistent of late, performing well on big stages such as the Toronto Stock Exchange.
4. Kindred Group – KIND-SDB
Another set of company shares listed on the Stockholm Stock Exchange, the Kindred Group is a true market leader that boasts a number of thriving betting sites.
These sites also cover a number of popular verticals, including casino, sports betting, bingo and poker, and as we’ve already said this type of diversified portfolio offers far greater value to investors.
Perhaps the company’s biggest asset is Unibet, which is actually the largest betting site in sports from a global perspective.
This type of association affords the Kindred Group an unmistakable mark of quality, and one that can help you to negate even challenging market conditions.
5. Playtech – PTEC
The Israel-based software developer is a strong competitor to the likes of NetEnt, as it has also established a deserved reputation as one of the world’s most popular exponents of the craft.
Listed on the London Stock Exchange, Playtech has built its financial success on a prolific work-ethic and an undeniably creative outlook, which has led to the development of more than 500 games.
It also relies on some of the most advanced development technology in the industry, creating a library of games that’s high in quality and incredibly immersive.
This makes for a winning combination in the eyes of an investor, particularly one that’s active and looking to secure impressive gains.
6.international Game Technology – IGT
We close with yet another innovative iGaming brand and software house, and one that made a sizable splash despite being quite late to the market.
A brand with a modern and forward-thinking ethos, IGT is continuing to increase and expand its digital gaming expertise across the globe, while its live streaming avenue of Dynasty Electronic Table Game (ETG) provides highly immersive iterations of games such as baccarat and blackjack.
This type of innovation is something that investors always look for, and in this respect IGT stands apart from the vast majority of its rivals.
It’s stock is certainly forecast to grow in the near and medium-term, making it a great option for a broad range of investors.