Online gambling stocks performance showed a modest overall uptick last week, with average share prices edging up despite broader market weakness. Strong gains from companies like Bragg and Sportradar helped offset declines from players such as Gentoo Media and DraftKings, while the sector still outperformed the Nasdaq’s drop. Performance varied across segments, with suppliers driving most of the gains and affiliates lagging behind.

Overview

  • Average growth – On average, share prices analyzed increased by +0.8% in the last week.
  • “Winner” – The most significant leap in our sample of online gambling-focused companies was taken by Bragg with an increase of +38%, followed by Sportradar (+8%).
  • “Loser” – Gentoo Media and DraftKings had the worst weekly performance in our analysis, with a change of -8% and -5%.
  • Comparison to the Nasdaq Composite – Compared to the development of the Nasdaq Composite (-3%), the average development of the online gambling industry looks “better”.

Segment-specific developments

  • Online-focused operators – The shares of online-focused operators included in the analysis saw, on average, a decrease of -1%; with Rush Street (+3%) leading the ranking.
  • Multi-channel operators – Among the multi-channel operators that also operate a relevant retail business, Evoke is the “winner” with +7% while the average share development was +0.4%.
  • Suppliers – The shares of the suppliers included in the analysis saw, on average, an increase of +7%. The winner is Bragg with +38%.
  • Affiliates – On average, affiliates’ shares saw a decrease of -3% with Better Collective (-0.6%) leading and Gentoo Media (-8%) coming last.

The share increase of Bragg

Bragg’s sharp share price increase during that week was likely driven by two closely timed announcements. On March 19, the company reported record full-year and quarterly revenues, highlighting strong growth in key markets like the U.S. and Brazil, which tends to boost investor confidence.

Just days earlier, Bragg had also announced a new partnership with Salesforce to support its global expansion, reinforcing the sense that the business is scaling and investing in future growth – together, these updates created a clear positive catalyst for the stock.

The decline of Gentoo Media shares

Gentoo Media’s weaker share performance in that period seems to be tied to lingering concerns around its financing situation. In late February 2026, the company announced it would not proceed with a planned bond refinancing and instead rely on a shareholder loan, while still needing to address upcoming debt maturities .  That kind of uncertainty around funding and capital structure tends to weigh on investor sentiment, and likely carried over into the following week, putting pressure on the stock.

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