Online gambling stocks performance weakened over the past week, with the companies in our analysis posting an average share price decline of 2%, underperforming the Nasdaq Composite, which gained 2%. Catena Media stood out with a strong 17% gain, while Rush Street recorded the sharpest decline at 15%, highlighting another week of mixed sentiment across the sector.

Overview

  • Average growth – On average, share prices analyzed decreased by -2% in the last week.
  • “Winner” – The most significant leap in our sample of online gambling-focused companies was taken by Catena Media with an increase of +17%, followed by Bragg (+5%).
  • “Loser” – Rush Street and Flutter had the worst weekly performance in our analysis, with a change of -15% and -6%.
  • Comparison to the Nasdaq Composite – Compared to the development of the Nasdaq Composite (+2%), the average development of the online gambling industry looks “worse”.

Segment-specific developments

  • Online-focused operators – The shares of online-focused operators included in the analysis saw, on average, a decrease of -4%; with Bet-at-Home (+3%) leading the ranking.
  • Multi-channel operators – Among the multi-channel operators that also operate a relevant retail business, OPAP is the “winner” with +2% while the average share development was -2%.
  • Suppliers – The shares of the suppliers included in the analysis saw, on average, an increase of +0.1%. The winner is Bragg with +5%.
  • Affiliates – On average, affiliates’ shares saw an increase of +0.2% with Catena Media (+17%) leading and Gentoo Media (-6%) coming last.

The share increase of Catena Media

The stock appears to have benefited from renewed investor buying ahead of the company’s Q2 2026 results, scheduled for 11 August, with some investors positioning for another quarter of improving profitability following the stronger results reported earlier this year.

The decline of Rush Street shares

Rush Street Interactive’s share price came under pressure after the company released its Q2 2026 results on 29 July. Although the business continued to grow and raised its full-year outlook, investors appeared to lock in profits following the stock’s strong run earlier this year, with the market expecting an even stronger earnings surprise.

 

Please find more data and the methodology applied in the current edition of the OGQ Magazine. Also, find more content in our data section.