The gaming and gambling industry is seeing substantial growth in the UK and globally. This is evidenced by the recent quarterly and annual revenue growth rate and the ongoing consolidation in the sector. For example, in 2021, Caesars Entertainment completed its acquisition of William Hill. Let us look at some of the top-performing UK gambling stocks to invest in.
Flutter Entertainment (FLTR)
Flutter Entertainment is a leading sports betting and gambling company in the UK that owns several companies like Paddy Power, Betfair, Foxbet, Fanduel, and Pokerstars, among others. The company is a member of the prestigious FTSE 100 and has a market capitalization of more than £22 billion.
The Flutter Entertainment share price has jumped by more than 16% in the past 12 months and by more than 1,800% in the past five years. Recently, however, the shares have declined by more than 23% from their year-to-date high as the company prepares to spin-off its Fanduel holdings. The spinoff will create an independent fantasy sports company that is listed in the United States.
Entain Holdings (ENT)
Entain Holdings is a company that was formerly known as GVC Holdings. The company owns some well-known brands like Bwin, Ladbrokes, Coral, PartyCasino, and PartyPoker, among others. It is a publicly traded company with a market capitalization of more than £9.9 billion. The company made headlines a few months ago when it turned down a £11 billion acquisition offer by America’s MGM Holdings. The Entain share price has jumped by more than 20% this year and is trading near the all-time high of 1,730p.
Gamesys Group (GYS)
Gamesys Group is a leading UK gaming and casino company that is valued at more than £2 billion. The company has partnered with Richard Branson to offer Virgin Games and Virgin Casino. It also runs Rainbow Riches Casino that offers gambling services. The Gamesys share price has risen by more than 52% this year and by more than 110% in the past 12 months. The firm benefits from the brand name of Virgin, its geographical presence, and its proprietary systems known as Excite and Enjoy.
888 Holdings (888)
888 Holdings is a leading gambling company that provides online gaming and gambling services. The company owns brands like 888 Casino, 888 Sport, 888 Poker, and 888 Bingo. Combined, its services are used by millions of people every year. The company has a market capitalization of more than £1.49 billion. Its share price has jumped by more than 36% this year and by 160% in the past 12 months.
Rank Group (RNK)
Established in 1937, Rank Group is another operator among UK casino companies. The company focuses on both physical venues and digital gambling services. It has venues in Grosvenor, Mecca, and Enracha. Its digital assets are Meccabingo.com, GrosvenorCasinos.com, and Yobingo.es, among others. The company generated relatively fewer sales in its real estate assets in 2020 but the performance was offset by its digital assets. Its stock price has risen by 145% from the lowest level in November last year and is hovering near its highest level since March. It has a market capitalization of more than £943 million.
The physical and online gambling business is expected to experience substantial growth in the next few months as the economy reopens. While there are many publicly traded companies in the sector in the UK, the five mentioned here are some of the biggest.