Most of the publicly traded gambling stock had gains this week. Rush Street Interactive, Accel Entertainment and DraftKings were among the strongest performers.
Flutter Entertainment edged up 0.11% despite continued disruption from Brazil’s ongoing betting ban and restructuring plans affecting its UK, Ireland and Malta operations.
The recovery was not uniform across the sector, as Grandstand and High Roller Technologies recorded the largest declines. The Brazilian restrictions continue to create uncertainty for operators with direct exposure to the market.
iGaming Sector: Weekly Stock Analysis
| Rank | Ticker | Company | Market Cap | Change | Volume | Revenue |
|---|---|---|---|---|---|---|
| 1 | FLUT | Flutter Entertainment plc | 14.21B | -1.53% | 3,542,188 | 17.24B |
| 2 | DKNG | DraftKings Inc. | 9.22B | -21.30% | 69,944,744 | 6.41B |
| 3 | CHDN | Churchill Downs Incorporated | 6.71B | -0.24% | 945,367 | 3.00B |
| 4 | SGHC | Super Group (SGHC) Limited | 5.77B | -1.73% | 2,577,105 | 2.49B |
| 5 | RSI | Rush Street Interactive, Inc. | 2.83B | 3.19% | 4,999,531 | 1.47B |
| 6 | BRSL | Brightstar Lottery PLC | 1.82B | -1.20% | 1,581,509 | 2.47B |
| 7 | ACEL | Accel Entertainment, Inc. | 1.10B | -0.36% | 792,316 | 1.42B |
| 8 | CDRO | Codere Online Luxembourg, S.A. | 385.58M | -0.35% | 33,282 | 262.52M |
| 9 | MRDN | Meridian Holdings Inc. | 109.82M | -5.34% | 18,907 | 197.19M |
| 10 | INSE | Inspired Entertainment, Inc. | 97.56M | 5.71% | 2,103,185 | 256.60M |
| 11 | ROLR | High Roller Technologies, Inc. | 34.85M | 5.69% | 22,961 | 15.63M |
| 12 | GRSD | Grandstand Limited | 30.29M | 2.08% | 435,046 | 163.42M |
| 13 | BRAG | Bragg Gaming Group Inc. | 24.02M | -5.83% | 127,267 | 117.71M |
| 14 | SEGG | Sports Entertainment Gaming Global Corporation | 3.89M | -31.33% | 602,063 | 4.57M |
Flutter Entertainment (+0.11%)
Flutter grew to a $13.91 billion market cap despite facing multiple operational obstacles. Previously, Flutter had expected the suspension that will continue until the end of 2026 to negatively impact its annual revenue by around $70 million, accompanied by a decrease in adjusted EBITDA by $20 million.
DraftKings (+1.48%)
DraftKings reached a $10.53 billion market cap, trading 12.24 million shares, which is the largest trading volume from the aforementioned companies. DraftKings’s recovery is linked to the diminished data seen in the previous week.
Churchill Downs (+0.37%)
Churchill Downs went up to a $5.86 billion market cap.
Super Group (+0.18%)
Blask has recognized Super Group’s Sportingbet brand among several licensed brands affected by the shutdown, but disruption of the brand alone does not imply a proportionate influence on the larger corporate brand. According to the 2025 annual report of Super Group, South America generated approximately 1% of its net gaming revenue.
Rush Street Interactive (+2.52%)
Rush Street Interactive has increased to a $3.78 billion worth company with 4.27 million shares traded. Such growth led RSI to be one of the best performers among the five largest companies. While the prohibition in Brazil results in additional regulatory complications for the online gambling industry, the Blask’s data does not show a direct revenue loss for RSI resulting from the restrictions.
Mixed Performances
- Brightstar Lottery (+0.21%): Brightstar edged up to a $1.74 billion market capitalization.
- Accel Entertainment (+2.55%): Accel rose to $915.86 million, recording the strongest gain among the smaller companies with market capitalizations above $500 million.
- Codere Online (+2.45%): Codere Online increased to $418.78 million.
- Meridian Holdings (-2.03%): Meridian fell to $128.30 million, making it one of the weaker performers among the smaller companies.
- Inspired Entertainment (+0.32%): Inspired edged up to $83.82 million, recovering slightly after the previous week’s decline.
- High Roller Technologies (-6.10%): High Roller declined to $52.61 million. The drop was among the largest in the group.
- Grandstand (-7.87%): Grandstand recorded the steepest decline among the listed companies, falling to a $41.65 million market capitalization.
- Bragg Gaming (-0.92%): Bragg declined to $33.68 million. No direct revenue impact from the ban can be established from the supplied figures.
- Sports Entertainment Gaming Global (+3.20%): SEGG rose to $4.40 million, making it one of the few smaller companies to record a positive movement.
The weekly results reveal a limited rebound in leading gambling companies, with Rush Street Interactive and DraftKings taking the lead. Meanwhile, Flutter’s slight improvements are taking place against the backdrop of an ongoing reorganization, which includes the shutting down of Betfair Brazil, as well as layoffs in the UK and Ireland and the closing of the Malta office of Sky Bet.
The betting ban in Brazil continues to pose uncertainty for those companies that are directly involved in this market. At the same time, the mixed results of smaller companies show that company specific characteristics and liquidity still have an effect on the weekly movements in the sector.
