Best of the Week
Most Popular
1.US Paving the Way for Massive First Strike on North Korea Nuclear and Missile Infrastructure - Nadeem_Walayat
2.Trump Reset: US War With China, North Korea Nuclear Flashpoint - Video - Nadeem_Walayat
3.Silver Junior Mining Stocks 2017 Q2 Fundamentals - Zeal_LLC
4.Soaring Inflation Plunges UK Economy Into Stagflation, Triggers Government Pay Cap Panic! - Nadeem_Walayat
5.The Bitcoin Blueprint To Your Financial Freedom - Sean Keyes
6.North Korea 'Begging for War', 'Enough is Enough', is a US Nuclear Strike Imminent? - Nadeem_Walayat
7.Bitcoin Hits All-Time High and Smashes Through $5,000 As Gold Shows Continued Strength - Jeff_Berwick
8.2017 is NOT "Just Another Year" for the Stock Market: Here's Why - EWI
9.Gold : The Anatomy of the Bottoming Process - Rambus_Chartology
10.Bitcoin Falls 20% as Mobius and Chinese Regulators Warn - GoldCore
Last 7 days
Warren Buffett Predicting Dow One Million - Being Bold Or Overly Cautious? - 17th Oct 17
Globalization is Poverty - 17th Oct 17
Boomers Are Not Saving Enough for Retirement, Neither Is the Government - 16th Oct 17
Stock Market Trading Dow Theory - 16th Oct 17
Stocks Slightly Higher as They Set New Record Highs - 16th Oct 17
Why is Big Data is so Important for Casino Player Acquisition and Retention - 16th Oct 17
How Investors Can Play The Bitcoin Boom - 16th Oct 17
Who Will Be the Next Fed Chief - And Why It Matters  - 16th Oct 17
Stock Market Only Minor Top Ahead - 16th Oct 17
Precious Metals Sector is on Major Buy Signal - 16th Oct 17
Really Bad Ideas - The Fed Should Have And Defend An Inflation Target - 16th Oct 17
The Bullish Chartology for Gold - 15th Oct 17
Wikileaks Mocking US Government Over Bitcoin Shows Why There Is No Stopping Bitcoin - 15th Oct 17
How to Wipe Out Puerto Rico's Debt Without Hurting Bondholders - 15th Oct 17
Gold And Silver – Think Prices Are Manipulated? Look In The Mirror! - 15th Oct 17
Q4 Pivot View for Stocks and Gold - 14th Oct 17
Gold Mining Stocks Q3’17 Preview - 14th Oct 17
U.S. Mint Gold Coin Sales and VIX Point To Increased Market Volatility and Higher Gold - 14th Oct 17
Yuan and Gold - 14th Oct 17
Tips for Avoiding a Debt Meltdown - 14th Oct 17
Bitcoin Hits New All-Time High Above $5,000 As Lagarde Concedes Defeat and Jamie Demon Shuts Up - 13th Oct 17
Golden Age for GOLD, Dark Age for the Stock Market - 13th Oct 17
The Struggle for Bolivia Is About to Begin - 13th Oct 17
3 Reasons to Take Your Invoicing Process Mobile - 13th Oct 17
What Happens When Amey Fells All of a Streets Trees (Sheffield Tree Fellings) - Video - 13th Oct 17
Stock Market Charts Show Smart Money And Dumb Money Are Moving In Opposite Directions—Here’s Why - 12th Oct 17
Your Pension Is a Lie: There’s $210 Trillion of Liabilities Our Government Can’t Fulfill - 12th Oct 17
Two Highly Recommended Books from Bob Prechter - 12th Oct 17
Turning Point Nations On The Stage - 11th Oct 17
The Profoundly Personal Impact Of The National Debt On Our Retirements - 11th Oct 17
Gold and Silver Report – Several Interesting Charts - 10th Oct 17
London House Prices Are Falling – Time to Buckle Up - 10th Oct 17
The S&P Is A Bloated Corpse - 10th Oct 17
Are Gold and the US Dollar Rallying Together? - 10th Oct 17
Is Silver Turning? - 9th Oct 17
Bitcoin Needs Electricity, Gold CONDUCTS Electricity - 9th Oct 17
S&P 500 At Record High But Will Stocks Continue Even Higher? - 9th Oct 17
Gold and Silver on Major Buy Signal, The Cycle is Up - 9th Oct 17
How To Fight Corruption in the Philippines - 9th Oct 17
Stock Market Bulls Still in Charge - 9th Oct 17
DiEM25: Europe Without Nations or Religion - 9th Oct 17
Gold Price Readying to Rally - 8th Oct 17
Gold Price in Q3 2017 - 8th Oct 17
PassMark Bench Mark of OVERCLOCKERS UK Custom Built Gaming PC (5) - 8th Oct 17

Market Oracle FREE Newsletter

3 Videos + 8 Charts = Opportunities You Need to See - Free

iGaming – Stock Prices

Companies / Investing 2017 Jul 19, 2017 - 02:55 AM GMT

By: Submissions

Companies

Daniel Hult writes: Investing in iGaming companies
The gaming industry is an attractive prospect for investors. Since the emergence of online casinos, we have seen plenty of successful IPOs. The global trend today is that the market is consolidating, and this goes not only for UK, but also for Nordic gambling companies. As these companies are less known to us, it could be wise to investigate the most popular Scandinavian iGaming companies to invest in.


In this article we will go through the hidden gems – the listed casino and/or betting companies that haven’t received the publicity they deserve. We’ve selected three investor picks that we believe can build a good iGaming investment portfolio.

MrGreen

Prefer a strong gambling company focusing on one brand only? While most iGaming giants select to go with multi-brand strategy, MrGreen (MRG) puts all its effort into Mrgreen.com site. The company also runs the Garbo.com brand. Its size, in relation to the main operator site, is however, not enough for MrGreen to be called a multi-brand gambling operator.  

With a market cap of around £150M, the company is considered to be a medium-sized gambling operator. Offering a stable share price, most often ranging between 35 and 40 SEK, there is a clear potential for growth.

As the iGaming industry is in the consolidation phase, MrGreen might need a strong acquisition and an increase in the number of employees in order to keep up with the industry leading operator companies such as Kindred (Unibet) and Betsson. Currently, MrGreen has slightly over 200 employees, which is a mere 11 per cent of Betsson’s man power.

We believe that buying these shares would be a safe bet, as this will either increase in value or remain on the same level, as has been the case since the IPO back in 2013. Another possibility is that MrGreen gets acquired by a strong global actor that wants to get into licensed markets, mainly in Northern Europe. We believe that all of these scenarios make your investment into MrGreen’s shares a great deal.

Catena Media

Our second choice is obvious – Catena Media (CTM). Their IPO has been amongst the most successful in the history of iGaming. With SEO as their main focus, Catena has re-written a history of what a great gambling company should be like. However, many investors were too skeptical to buy their shares back in February 2016, when the company’s shares started trading.

Catena Media has now proven that the concept is here to stay and is good enough for the stock exchange. It is all about marketing, SERP and buying the right assets to stay ahead of competitors. Catena has quickly tripled its market value thanks to some strong acquisitions. Their market cap is around £400M and the sky seems to be the limit, as company management is still on the lookout for acquisitions. 

Gaming Innovation Group
Yet another great Nordic company that is worth your attention is Gaming Innovation Group (GiG). They are approximately of the same size as Catena Media and have experienced a tremendous growth during last two years.

Robin Reed (CEO of Gaming Innovation Group) has, according to forum rumours, discussed potential synergies of GiG and Catena Media during his Facebook broadcast.

It would be no surprise for the industry if these two successful companies create a new global gambling giant by merging together. A company called ‘Optimizer Invest’ plays an important role in both GiG and CTM and the relationship between those two is already quite good. Both companies have offices in Malta and Marbella. By merging, a new group would most likely get a market cap that exceeds Betsson Group’s, making this new player second largest gambling company in Scandinavia, behind Kindred.

By Daniel Hult

© 2017 Copyright Daniel Hult - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife