Overview

• Average growth – On average, share prices analyzed decreased by -0.2% in the last week.
• “Winner” – The most significant leap in our sample of online gambling-focused companies was taken by Kambi with an increase of +12%, followed by Catena Media (+7%).
• “Loser” – Betsson had the worst weekly performance in our analysis with a change of -11%
• Comparison to the Nasdaq Composite – Compared to the development of the Nasdaq Composite (+4%), 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 -2%; with Bet-at-Home (+4%) leading the ranking.
• Multi-channel operators – Among the multi-channel operators that also operate a relevant retail business, OPAP is the “winner” with +4% while the average share development was +0.4%.
• Suppliers – The shares of the suppliers included in the analysis saw, on average, an increase of +0.9%. The winner is Kambi with +12%.
• Affiliates – On average, affiliates’ shares saw an increase of +0.7% with Catena Media (+7%) leading and Gambling.com (-6%) coming last.

The share increase of Kambi

Kambi’s shares moved higher during that week after the company announced a new sportsbook partnership in the U.S., expanding its footprint in a key growth market. The deal was seen as a positive signal for future revenue potential, especially as Kambi continues to replace outgoing contracts with new partners.  That update appears to have reassured investors about the company’s medium-term outlook, supporting the share price over the period.

The decline of Betsson shares

Betsson’s share price came under pressure during that week after the company released a preliminary Q1 update on April 9 that disappointed investors. The update pointed to a drop in revenue and a sharp decline in profitability, mainly due to higher taxes, weaker performance in some regions, and ongoing investments in less profitable markets. That combination of softer earnings and margin pressure appears to have driven the negative sentiment in the stock over the period.

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

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Key insights of the Spring 2026 edition

• Current Business Climate: 29% of the experts consider the current climate as “good”.
• Revenue Growth YoY: In Q4/2025, Gaming Corps led revenue growth (YoY) with an increase of +94%; the avg. YoY growth in the quarter of all companies analysed was +16%.
• Revenue Growth QoQ: On average, revenues changed in Q4/2025 (compared to the previous quarter – QoQ) by +17%. Bally’s Interactive N. America (+87%) and DraftKings (+74%) are leading the QoQ ranking.
• Top region to grow – The LatAm online gambling market is seen as the market with the biggest growth potential.
•  Future Winners in Eastern Europe: Betano and Superbet take the top spots in Eastern Europe.
• Affiliate Marketing in Eastern Europe: Betano and Unibet are the top advertisers on affiliate websites in Eastern Europe.
• SEO Success: In the realm of SEO marketing in Eastern Europe, Fortuna leads for betting-related content, Fortuna holds the top spot for casino-related SEO.

To read the full magazine of Online Gambling Quarterly Magazine – Spring 2025 Edition, you have to register – click here – annual price (four editions) = GBP 100 (GBP 25 per edition).

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

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The post Weekly stock watch – 23.03 to 27.03 – Evoke on top appeared first on OGQ News.

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.

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

The post Weekly stock watch – 16.03 to 20.03 – Bragg on top appeared first on OGQ News.

Overview

• Average growth – On average, share prices analyzed increased by +0.2% in the last week.
• “Winner” – The most significant leap in our sample of online gambling-focused companies was taken by Caesars with an increase of +9%, followed by Betsson (+6%).
• “Loser” – Bet-at-Home and Jumbo Interactive had the worst weekly performance in our analysis, with a change of -9% and -8%.
• 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 -0.2%; with Betsson (+6%) leading the ranking.
• Multi-channel operators – Among the multi-channel operators that also operate a relevant retail business, Caesars is the “winner” with +9% while the average share development was +0.5%.
• Suppliers – The shares of the suppliers included in the analysis saw, on average, a decrease of -0.4%. The winner is Evolution with +5%.
• Affiliates – On average, affiliates’ shares saw an increase of +1% with Raketech (+5%) leading and Better Collective (-2%) coming last.

The share increase of Caesars

The rise in Caesars’ share price during the week of 9–13 March was mainly driven by takeover news that caught investors’ attention. Reports on 11–12 March said that billionaire Tilman Fertitta was in exclusive talks to acquire Caesars Entertainment in a deal worth around USD 7 billion, potentially offering a premium to the market price. Such takeover speculation often lifts a company’s stock, as investors start pricing in the possibility of a higher valuation.

The decline of Bet-at-Home shares

The decline in Bet-at-Home’s share price between 9 and 13 March appears to be linked to renewed investor concerns after reports highlighting weaker-than-expected operating performance and soft recent figures compared with market expectations. Analysts noted that both revenue and profitability came in below forecasts, which weighed on sentiment and triggered selling pressure among investors. As a result, the stock came under pressure during the week as the market reassessed the company’s near-term growth outlook.

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

The post Weekly stock watch – 09.03 to 13.03 – Caesars on top appeared first on OGQ News.

Start the survey here – also optimised for mobiles,

Key topics

Key topics of this quarterly survey:

• Overall business climate of the online gambling industry.
• Trends – products and markets (incl. prediction, crypto, AI, sweepstakes).
• Growth estimates for key operators in Eastern Europe.
• Relevance of Eastern European key markets.
• This time, we also included some supplier-related questions.

The survey takes ca. 5-7 minutes (15 questions), and all participants get the results for free.

The survey will end on Friday, 20. March.

Please find more news here.

The post The new OGQ survey for Spring 2026 Edition is now online – Eastern Europe focus appeared first on OGQ News.

SEO benchmarking for betting-related keywords – Sweden – top operators in Q4/2025 – Q4 2025

Svenska Spel leads the betting SEO score in Sweden for December 2025, standing clearly ahead of the rest.

• Top performer: Svenska Spel takes the clear lead, pairing strong overall visibility with frequent first-place appearances across betting searches.

• Runners-up: ATG and Unibet follow behind as the main challengers, showing solid presence but less breadth at the very top.

• Wider field: Brands like Nordicbet, Coolbet, Betsson, and LeoVegas sit further back, where small ranking movements can swing visibility.

SEO benchmarking for casino-related keywords – Sweden – top operators in Q4/2025

LeoVegas ranks first in the casino SEO score in Sweden for December 2025, edging out a strong pack of competitors.

• Top performer: LeoVegas leads the casino visibility table, showing broad coverage across casino searches and reliable placement near the top.

• Runners-up: Svenska Spel and Unibet sit closest, holding strong positions across the casino keyword set without quite matching the leader’s reach.

• Competitive: Operators like LuckyCasino, Hajper, Snabbare, and Ninja Casino follow behind, with visibility split across niches and brand strengths.

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

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Number of Megaways games offered – benchmarking analysis – Spain – Q4 2025

Spain’s chart shows a clear front-runner and a wide spread behind it, with operators clustering into distinct tiers. Overall, the market looks active, but Megaways depth is far from evenly distributed.

• The chart lists an average of 84 Megaways games, giving a quick “typical portfolio” reference point. Several brands clear it, but many sit under.

• Casino777 is the top performer with the largest library, opening a noticeable gap to the next operator.

• Below the leaders, many operators carry smaller Megaways selections, creating a long tail of lighter inventories.

Number of Megaways games offered – benchmarking analysis – Sweden

Sweden’s chart looks deeper overall, with higher libraries across much of the ranking and less reliance on a single runaway leader.

• The average is 166 Megaways games, pointing to a higher baseline expectation in Sweden. It’s a stronger “normal” level than Spain’s benchmark.

• PAF is the top performer with the biggest library, while Videoslots and Unibet also sit in the leading group.

• The lower ranks still show meaningful catalog size, rather than dropping off sharply into tiny libraries. That steadier spread suggests consistent Megaways investment across brands.

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

The post Megaways slots benchmarking analysis – Western Europe – Q4 2025 appeared first on OGQ News.

Overview

• Average growth – On average, share prices analyzed increased by +0.7% 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 +13%, followed by Better Collective (+10%).
• “Loser” – OPAP and Jumbo Interactive had the worst weekly performance in our analysis, with a change of -9% and -9%.
• Comparison to the Nasdaq Composite – Compared to the development of the Nasdaq Composite (-2%), 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, an increase of +2%; with Flutter (+7%) leading the ranking.
• Multi-channel operators – Among the multi-channel operators that also operate a relevant retail business, Caesars 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, a decrease of -2%. The winner is Evolution with +3%.
• Affiliates – On average, affiliates’ shares saw an increase of +3% with Catena Media (+13%) leading and Gentoo Media (-7%) coming last.

The share increase of Catena Media

Catena Media’s share price increase in the first week of March likely reflects continued investor reaction to the company’s recently published Q4 2025 results and related communications. In its February report, the company highlighted improved profitability and revenue growth, signalling that ongoing optimisation measures are beginning to deliver results. That update appears to have supported positive sentiment among investors, which likely carried over into the following week and helped lift the stock.

The decline of OPAP shares

OPAP’s share price decline during the week of 2–6 March appears to be linked to the company’s FY2025 results released on 2 March. While OPAP reported record revenue, profitability indicators disappointed investors, with Q4 EBITDA falling 13.5% year-on-year and net profit down more than 16%, largely due to higher operating costs such as marketing and payroll expenses. This weaker-than-expected earnings momentum likely weighed on market sentiment in the days following the announcement.

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

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Overall benchmarking and ranking of live/in-play all sports betting offers – Q4/2025

This chart ranks operators by the volume of live/in-play events across all sports, with the top brand set as the 100-point benchmark. It shows a clear leader and a noticeable gap between the strongest offers and the trailing group.

• Top performers stand out immediately, with William Hill setting the pace and Marathonbet and 10bet following behind. This suggests consistently broad live coverage across sports.

• The average provides a useful reality check, sitting well below the leading score. It shows that “typical” live depth still trails best practice by a meaningful margin.

• At the bottom end, Coral takes the last rank, signalling a comparatively thin all-sports live menu in this snapshot. Several others also sit well below the average, widening the spread.

Overall benchmarking and ranking of live/in-play football betting offers – Q4/2025

This chart applies the same ranking approach to football/soccer live events, again using the top operator as the 100-point reference. It highlights which brands build the deepest football live menus versus those that offer a narrower selection.

• Top performers are led by William Hill again, with 10bet and Marathonbet close behind. The upper tier looks built for volume and frequent live football choice.

• The average sits noticeably under the leading score, underlining how far the “standard” football live menu is from the best-in-class benchmark. That gap matters most during busy match windows.

• The lowest rank goes to Stake.com, marking a sharp drop-off from the rest of the field. Even operators just above the bottom still trail the leaders by a wide distance.

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

The post Benchmarking and ranking of live football betting offers – Q4 2025 appeared first on OGQ News.