Gaming and leisure are two industries that have been going pretty strong lately. People’s interest in casino games and relaxation doesn’t seem to decline and therefore companies working in these fields often witness considerable stock growth. Even though Nintendo has been breaking records with the popularity of its Pokemon Go and everyone is focused on the company’s stock fast improvement, several European gaming and leisure companies surely deserve traders’ attention nonetheless. Here are the top 5 such businesses to keep an eye on.
STO: NET-B (NetEnt)
NetEnt AB (Publ) is a leading casino software provider based in Stockholm, Sweden. The company has been successfully working ever since 1996 and currently employs over 750 people in offices in Stockholm, Malta, Kiev, Gothenburg, Krakow, New Jersey and Gibraltar. NetEnt’s products are found at the majority of the reputable and fan favourite online gaming destinations. For example, if you visit CasinoAppList.uk or this Mobile Pokies Guide you’ll notice that almost all top destinations are boasting with games by the Scandinavian giant. NetEnt’s B-shares are listed on the large cap segment of Nasdaq Stockholm and their current price per stock 78.65 SEK. Considering the fact that business has been going well for the company and that it recently entered the US gaming market, traders should keep their eye on the provider.
EPA: GFT (Gameloft)
Gameloft is a leading international publisher of social and digital games. Headquartered in Paris, France and with reported revenue of 18.4 million Euros (2011), this is one of Europe’s top companies in the gaming and leisure industry. Over the past year the stock of Gameloft has been moving in a generally upwards trend. If in September, 2015, the average price per stock was under 4 Euros, today we see a value of 7.88 Euros per share. The company has established its own popular franchises like Asphalt, Modern Combat and N.O.V.A: Near Orbit Vanguard Allience, its games are distributed in over 100 countries and employs more than 5,000 developers. Gameloft is listed on the Euronext – Paris and its constant growth shouldn’t be ignored.
LON: WMH (William Hill)
Founded back in 1934 and based in London, UK, William Hill is possibly the best known bookmaker on the island. Also popular across Europe with its numerous gaming platforms including online sportsbook, online casino and online poker, William Hill’s business has been blooming. In 2015 the company reported revenue of 1.591 billion GBP and a single William Hill stock is currently worth £274.80. Traded on the London Stock Exchange under WMH, this company promises stability as well as progress. Even though the highest stock price noted in the past five years was $465.80, there isn’t a reason to doubt that the latest 2.16% growth won’t further improve once the Brexit saga is concluded.
LON: LAD (Ladbrokes)
Similarly like William Hill, Ladbrokes PLC is a leading UK headquartered gambling company. With revenues of 1.2 billion GBP and net income of 5.1 million GBP in 2015, Ladbrokes boasted with a pretty good year. The company’s stocks can be found on the London Stock Exchange under LAD and only a quick view on its price table reveals progress. In the past five days only the value per stock has jumped from $125 to $127.80 GBP and noted a 3.15% improvement. However, the main reason why Ladbrokes is bound to grow is its expected £2 billion merger with Gala Coral, which should be tied up this week. Once that happens, the UK gaming market will get a new major player, whereas Ladbrokes’ share price would probably be boosted.
LON: PTEC (Playtech)
Even though Playtech is a company based on the Isle of Man it’s certainly a company European traders should keep their eyes on. This reputable casino software provider was founded in 1999 and it’s trading on the London Stock Exchange under PTEC. Playtech’s 2015 revenue was impressive 630.1 million Euros, whereas the net income was 136.3 million Euros. Experts often mention this provider as an incredible success story with a price per stock of incredible 869 GBP (+2.00%). In the past five days solely the value per share went from £854.50 to the current £869, which is an improvement of almost £15. Playtech’s products are used at prestigious online gaming destinations, plus the company holds the exclusive rights to develop Marvel-themed games; in other words, Playtech has found the formula for success and it doesn’t show signs of plans to stop using it.