iGaming Stocks (WK47) – Share Prices for iGaming Companies Listed on the Stock Market

Join in on the latest iGaming Stocks (WK47) financial hot spot where you get to see software providers stocks under the spotlight with an up-to-date analysis of the current share prices of live dealer platforms online! (Photo by Mediamodifier on Pixabay)

The iGaming stocks featured at the beginning of November on the whole seem to be in an upward movement but a few, including 888, continue to struggle.

Some of the new acquisitions, new markets and newly released live dealer games appear to be pushing some of these stocks up marginally and it will be interesting to see what their movements will be in the coming weeks.

In the Livecasinocentral iGaming Stocks (WK47), you’ll get a taster for the pricing action surrounding Playtech, Evolution, 888 Holdings, Light & Wonder and Entain and shed some light on what is happening to those stocks.

You can also rewind back to the iGaming Stocks (WK46) report here to see what was happening a fortnight ago.

Disclaimer: We want to continue bringing regular iGaming stock reports to you. However, the prices disclosed here are from Yahoo Finance and as you will see, they change by the second. We also do not encourage nor discourage from buying any of these stocks. This report is purely for informational purposes to satisfy some of our readers interest in iGaming company share prices.

Evolution (EVO) – NASDAQ Stockholm – SEK

Evolution launched its second New Jersey live casino studio to accommodate the demand and plan for future expansion in this state. This will enable EVO to increase the number of games to the players and operators and provide more jobs for the state economy. Evolution also had their game, Lightning Roulette U.S., recognised by the American Gambling Awards as the “Gaming Product of the Year” for 2022. This game utilizes RNG multipliers to offer players greater payouts, which the industry is gravitating towards. EVO was trading around 1,090.80 SEK, at the time of these announcements and today the live dealer game software provider was trading at 1,052.60 SEK but had reached as high as 1,097 SEK, so marginal gains as this stock starts to gain momentum. That said, the stock price is closing in on April 2022’s high of 1,130.20 SEK, but is still slightly below its yearly high of 1,284.80 SEK.

Entain PLC (ENT) – London Stock Exchange (LSE) – GBP

Entain continues to expand its business actives, in particular the company has a focus on Germany, while the company remains active in Europe, the UK, USA and Australia. However, the standout news this week is one of new jurisdictions. Last week the company obtained 5 licenses for gaming and poker services in Germany. Since the press release of this news, the stock has had marginal gains of 3.4% over the last 2 weeks and one-month gains of almost 11%. It is currently trading at 1,369 GBX, but at the beginning of the week had seen gains bringing it over the 1,400 GBX marker. It’s positive news. However, Entain needs to hit 1,419.50 GBX to breakout to 6-month highs. A majority of analysts in this space have speculated that this stock to hit a one-year price target of 1,914 GBX before the end of the year.

Playtech (PTEC.L) – London Stock Exchange (LSE) – GBP

PTEC has been in the doldrums for the last 6 months. It is only up 0.16% for the last 6 months and is down 24% year to date. It is currently trading 548 GBX after beginning the day at 557 GBX, and looks like it will continue its sideways movement for the time being. With that being said, the recovery over the past 6 weeks has been solid. After hitting a dip of 390.80 GBX (23 September 2022), which is in line with the economy and many other PLC stocks, it is now back up over the 500.00 GBX mark. Although its yearly high of 732 GBX still seems a ling way off. For now, let’s see how things pan out over the next few reports.

Light & Wonder (LNW) – NASDAQ NYC – USD

LNW has done extremely well in the iGaming stocks as it has only lost 3.8% year to date. It continues to buck the trend in this industry and has held up quite robustly, especially over the last 6 months where it has gained 22% and up almost 15% in the last month!! After releasing their earnings at the September, LNW continues to push up on the good news. Right now, the stock is trading around $ 63.41 and looks to breakout to set new highs. It began day at $ 63.28, and reached highs of $ 64.01. And compared to the beginning of the year where it began at $ 67.03, things are looking pretty rosy for investors who have stuck it out despite reporting a marginal loss in value since the iGaming Stocks (WK46) report. Maybe, just maybe, it could regain its October 2021 of $ 86.11 – just over 12 months ago. However, nothing is certain in the current economic climate, it’s just nice to report some good news!

888 Holdings (888.L) – London Stock Exchange (LSE) – GBP

This stock has continued its downward slide and is one of the worst performing stocks in this post. It was trading at 300 GBX at the beginning of the year and in now trading at 103.21 GBX… down almost 67%. Also, investors do not seem to keen on their expansion into the African gambling market a couple of months ago and future forecasts of increased revenue and target of 2 billion GBP (EPS of 35p by 2025) will be difficult to achieve. That said, the 888Africa enterprise is not strictly an 888 Holdings company and the risk to investors is limited. In fact, if the brand does conquer the world’s fastest growing continent in terms of economic indicators, then 888 Holdings investors stand to benefit. Another talking points is the recently released detailed strategic plan following the reverse takeover/acquisition of William Hill and how this will drive future growth.

iGaming financial news: Stay up to date with all the latest iGaming financial news here. We bring you quarterly reports from iGaming firms releasing their figures publicly, financials from companies like SOFTSWISS, cryptocurrency performance reports, and iGaming market performances.