The second quarter of 2015 proved to be a difficult period for most companies as the Greek debt crisis sent shudders around the world, but those making up the Gaming Intelligence stock list fared better with their combined average share price increasing by 4 per cent during the quarter.
The growth was slower than the first quarter of the year, which saw combined share prices climb 11 per cent, and considerably lower than 2014 as a whole, when the GI list recorded combined growth of nearly 16 per cent.
However the performance of the GI list was fairly solid compared to the major stock exchanges around the world during Q2.
Just over half (34) of the 67 companies making up the GI list saw their share value increase between April 1st and June 30th, with 18 achieving double-digit growth or better.
The stand-out performer in Q2 was NASDAQ-listed Chinese lottery supplier 500.com, while US gaming and lottery supplier Scientific Games also saw significant gains following the integration of Bally Technologies into its operations.
Shareholders would have also been pleased to see increased returns from the likes of Ladbrokes and bwin.party digital entertainment, both of whom will likely undergo significant strategic changes in the foreseeable future in the form of the industry’s next mega-merger.