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Online gambling shares prices rise as much as 62% in a week

Online gambling shares prices rise as much as 62% in a week
Some gambling operators like 888, NetEnt and Playtech have seen their share value rise much more than we would expect nowadays.
by Academia   |   comments 0

It’s not all bad news in this current living situation. There are gambling business on the rise during these days. Latest statistics show a 62% share value rise of 888 holdings, while NetEnd shows a rise of 42% and Playtech 28%. Even though the rise was not that significative, Evolution gaming showed a 6% growth.

888 stated that there was a great impact on the sports betting area, however online casino and poker saw some significative growth.

The reason behind Playtech share value rise is the increase on the poker and casino on their website.

Meanwhile, the acquisition of Red Tiger by Evolution Gaming was one of the reasons the company has shown some growth.

With the postponing of most of major matches, the gambling business, specially poker, online casinos and bingo not only are unaffected negatively, but we can also see a large improvement.

Even though gambling operators' revenue values are lower than before the current situation, we can see a balancing of the customers investment towards online gambling.

If you want to start betting, check the best bookmakers out there!

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