Recognizing the dramatic changes in the structure of the gaming industry, Fantini Research has launched a new set of stock indices to measure industry performance.
The four indices are:
• Global Top 30, composed of the 30 largest gaming stocks by market value. Components range from casino operators and gaming suppliers and technology companies to international internet gamers.
• North American comprises 18 companies that represent a cross-section of gaming in the United States and Canada, from casinos and lottery to gaming technology companies and those in online gaming and sports betting.
• Sports Betting comprises a dozen leading companies in this emerging sector, including operators, platform providers and marketing affiliates.
• Interactive is composed of 17 companies that, like the other indices, represent a cross section of this sector.
“These indices are an important tool for investors to track and measure gaming stocks in comparison to the overall market and the dynamics within the gaming industry itself,” Fantini Research CEO Frank Fantini said.
The indices designed by Fantini’s Gaming Report Editor Blake Weishaar have been backdated to January 2, 2018. In that relatively brief time, the indices show investor enthusiasm over sports betting, which stands at 175.97 points from a base of 100.
The lowest performing of the indices, North American, stands at 100.72, showing that gaming stocks have held up even in the face of the Covid-19 pandemic that has devastated leisure and hospitality stocks this year.
The indices, along with a graph that tracks performance historically, can be viewed at fantiniresearch.com.