On average, the shares of key online gambling companies in the past three months performed “worse” than the Nasdaq Composite.
● “Winner” – The most significant leap in our sample of online gambling-focused companies was taken by Rush Street with an increase of +42% and Betsson (+16%) over the past three months.
● “Loser” – Catena Media and Raketech had the worst 3-month performance in our analysis with a decrease of -52% and -43%.
● Average growth – On average, share prices analyzed decreased by -9% (see the chart on the right/bottom).
● Comparison to the Nasdaq Composite – Compared to the development of the Nasdaq Composite (+9%), the average development of the online gambling industry looks “worse”.