iGaming Software Developer Share Prices Show Promise

Real money iGaming is evolving at a staggering rate and the firms that develop the casino games fuelling the industry’s growth are showing marked share price appreciation.

Largely thanks to an increase in localized regulations, cryptocurrency compatibility, and excellent marketing software, firms that provide the online casino industry with animated and live casino games are reaping the rewards of a bustling online industry.

One of the key points here is remote gambling licensing that is instilling confidence for consumers in a market that was once marred by distrust, Ponzi schemes, fake licensing authorities, and overall a complete lack of regulation.

In the UK, Spain, Italy, Germany, Denmark, Sweden, and even in the US new remote gambling licensing authorities are keeping online betting sites in check.

Meanwhile, the companies that are pioneering casino games such as slots, roulette, blackjack, baccarat, lottery, and even virtual sports betting are now able to stream their games through fully licensed operators thus attracting the trust and loyalty of those that enjoy a flutter online.

At the top of the pile are the industry’s leading brand names who just so happen to be publicly floated on global stock exchanges. However, unless you are a fan of online casino gaming or an investor that has been wise enough to keep tabs on the real money iGaming industry you may never have heard of these firms because they only deal in online casino gaming.

There are 100s of casino software developers producing real money casino games, and the majority of them are only known within the online casino industry while others came through social gaming platforms.

You can check them out here on the Playcasino software providers page. This is the complete list of all software providers currently operating within the iGaming industry. While many of them are privately owned entities, many of these firms are also publicly listed on various global stock exchanges.

With the current boom in online activity, the firms that are publicly listed are capturing the attention of traders and investment brokers.

Here are three of the major brand names publicly floated and currently leading the way in the iGaming market sector!

Evolution Gaming Group AB (publ) (EVO.ST)

One of the major players in the online casino market is Evolution Gaming. Today if you log onto an online casino, 90% of the time you will see a ‘Live Casino’ section with branded Evolution Gaming live dealer table games.

In just 1-year Evolution Gaming’s stocks rose 195% while back in 2015, Evolution Gaming’s stock prices were worth just $20 each which is an almost 3,000% rise in value since the firm went public.

The reason this casino software platform provider has made a name for itself is because it was one of the very first firms to introduce live online casino table gaming via webcams. Smartly dressed and very professional real-life dealers and croupiers’ man real-life roulette, baccarat, blackjack, and poker casino table games streamed via webcam back to the casino player’s device.

Players use virtual chips to place their bets on the felts, and then the dealer/croupier manages the action in the same way as a dealer or croupier managing a table game in a brick and mortar casino in Las Vegas or Atlantic City!

This authentic gaming experience has become one of the most popular ways to play online casino games and as such Evolution Gaming has seen its stock prices continuously increase.

Playtech Plc (PTEC)

Playtech is another market leader within the online casino industry and like Evolution Gaming the firm also has a live dealer platform. However, Playtech is more of an all-rounder within the iGaming industry as the firm also develops 100s online video slots, virtual table games, sports betting software solutions, online poker, Bingo, and virtual spots.

The firm has been in operation since 1999 and is also well-known in land-based casino operations and arcade gaming. Its business model and approach to the betting and casino gambling industry has shown remarkable success. Playtech is particularly well-known for its progressive jackpot network and its connections with Marvel and other entertainment industry leaders to create movie-themed slot games.

Nonetheless, Playtech’s sports betting and land-based casino operations, unfortunately, took a huge hit due to recent events while its online casino, poker, virtual sports, and bingo kept the firm steady.

Luckily, the firm’s diverse set up makes the firm an attractive investment and as the sports and land-based casino markets start to recover, Playtech’s share prices are worth keeping an eye on. Yet, it is worth noting that out of the 3 iGaming firms mentioned here, Playtech has shown the most vulnerability.

NetEnt AB (publ) STO: NET-B

NetEnt is right in the middle of Playtech and Evolution Gaming. This software provider operates the world’s second most popular live dealer platform while also developing online video slot and virtual tables games.

Its slots are arguably some of the most popular in the world and unlike Playtech, NetEnt video slot titles are found on almost 90% of online casino platforms while its live dealer platform trails Evolution Gaming who appears to have better connections and sales teams beating NetEnt to the crunch with most online casinos.

What makes NetEnt an attractive investment opportunity is its current performance on the Swedish stock exchange where its stocks have risen almost 500% in just the space of a few short months!

This article does not necessarily reflect the opinions of the editors or management of EconoTimes