Online gambling stocks performance was broadly positive last week, with the companies in our analysis posting an average share price gain of 3%, outperforming the Nasdaq Composite’s 1% increase. Strong gains from Playtech and Raketech helped drive the sector higher, while supplier stocks delivered the best average performance among all segments despite weaker results from a handful of individual companies.

Overview

  • Average growth – On average, share prices analyzed increased by +3% in the last week.
  • “Winner” – The most significant leap in our sample of online gambling-focused companies was taken by Playtech with an increase of +18%, followed by Raketech (+14%).
  • “Loser” – Penn had the worst weekly performance in our analysis, with a change of -4%.
  • Comparison to the Nasdaq Composite – Compared to the development of the Nasdaq Composite (+1%), 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 (+6%) leading the ranking.
  • Multi-channel operators – Among the multi-channel operators that also operate a relevant retail business, FDJ United is the “winner” with +4% while the average share development was -0.1%.
  • Suppliers – The shares of the suppliers included in the analysis saw, on average, an increase of +7%. The winner is Playtech with +18%.
  • Affiliates – On average, affiliates’ shares saw an increase of +3% with Raketech (+14%) leading and Gambling.com (-4%) coming last.

The share increase of Playtech

Playtech shares rallied after the company released a trading update on 9 July showing first-half 2026 earnings well ahead of market expectations and raising its full-year EBITDA guidance to at least EUR 270 million. Investors responded positively to particularly strong momentum in the US and Latin America, with management highlighting exceptional performance from its partnership with Hard Rock Digital and continued growth across regulated markets.

The decline of Penn shares

PENN Entertainment shares weakened last week despite the absence of any company-specific negative news. Following the company’s announcement at the end of June that it will report second-quarter results on 6 August, investors appeared to take profits after the stock’s strong run in recent weeks, while the broader market rotated away from regional gaming names ahead of earnings season.

 

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