Financial News

It was a good year for online gaming investors in 2013, with the companies making up the Gaming Intelligence stock index recording combined average share price growth of nearly 28 per cent during the year.

Out of 52 publicly listed companies that make up the GI index, 37 saw their share value increase in 2013, with 34 achieving double-digit growth or better.

Notable performers included US casino operator Caesars Entertainment, Italian operator SNAI and AIM-listed operator Webis Holdings – all of which saw their shares end the year with triple-digit percentage growth versus the first trading day of the year.

At the other end of the scale, there were 15 companies that saw their shares fall significantly in 2013, with the likes of mybet Holding, Betting Promotion and Codere all experiencing a chastening year for a variety of reasons.

Premium subscribers continue here to the full article.