iGT 25
Twenty-five listed gambling companies in one market-cap-weighted index, priced every trading day. Share prices, market caps, weights, movers and a page for each constituent, from Flutter and DraftKings to Evolution, Entain and Aristocrat.
The iGT 25 is iGaming Times' benchmark for how the listed gambling sector is trading. It covers operators, suppliers, lotteries, platform and data companies and affiliates listed in New York, London, Stockholm, Paris, Milan, Athens and Sydney, weights them by market capitalisation with a 15% cap, and is priced from the previous session's close each trading morning. Every constituent has its own page with price history, key figures and the newsroom's coverage; the company directory profiles the businesses behind the tickers, the corporate and M&A desks report what moves them, and the iGT Oracle asks readers to call where the index and its biggest names finish the year.
Index level
666.32
+0.68% on the day
Since base
-33.37%
Base 1,000 on 19 Sept 2025
Combined market cap
$138.0bn
25 companies, 18 up and 6 down today
Priced at
23 October 2026
Provisional: 15 of 25 constituents had a close; final once every exchange has closed
-26.60%over 1Y
The biggest moves among iGaming stocks, on the day and so far this year.
The iGT 25 is iGaming Times’ index of listed gambling and iGaming stocks: the 25 largest eligible companies by market capitalisation, operators, suppliers, lottery groups, sports data companies, platform providers and affiliates, priced from official closes every trading day on ASX, Nasdaq Stockholm, NYSE, Nasdaq, Athens Exchange, Euronext Milan, Euronext Paris, London Stock Exchange and Nasdaq First North Stockholm. Together they are worth $138.0bn. It gives investors, analysts and operators one comparable read on how the sector is trading, with a page for each company.
How constituents are chosen. A company qualifies with a primary listing on a recognised exchange, more than half of its revenue from gambling, at least 15% of revenue from online channels (or products used online), a market cap of US$100m or more and regular trading. At each quarterly review, in March, June, September and December, the 25 largest eligible companies by market cap make the index, and no single weight may exceed 15%. Read the full iGT 25 index rules.
All 25iGT 25 constituents, largest first. Prices are the last close on the home exchange in its listing currency; market cap is in US dollars at that day’s exchange rate, as of 23 October 2026. Click a company for its price history, news and profile.
| # | Company | Ticker | Exchange | Sector | Price | 1D | YTD | Market cap | Weight |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Aristocrat Leisure | ALL | ASX | Supplier | AUD 63.99 | +1.31% | +9.99% | $26.7bn | 15.00% |
| 2 | Evolution | EVO | Nasdaq Stockholm | Supplier | SEK 841.40 | +3.62% | +33.60% | $15.7bn | 11.96% |
| 3 | Flutter Entertainment | FLUT | NYSE | Operator | USD 81.69 | +4.38% | -62.01% | $14.2bn | 10.83% |
| 4 | DraftKings | DKNG | Nasdaq | Operator | USD 20.94 | +2.00% | -39.23% | $10.4bn | 7.94% |
| 5 | Allwyn | ALWN | Athens Exchange | Lottery | EUR 11.63 | -3.13% | -39.14% | $10.1bn | 7.69% |
| 6 | The Lottery Corporation | TLC | ASX | Lottery | AUD 5.40 | +1.12% | +4.65% | $8.4bn | 6.46% |
| 7 | Light & Wonder | LNW | ASX | Supplier | AUD 130.00 | +2.80% | -17.50% | $6.8bn | 5.22% |
| 8 | Lottomatica Group | LTMC | Euronext Milan | Operator | EUR 25.14 | +1.25% | +12.23% | $6.6bn | 5.02% |
| 9 | Churchill Downs | CHDN | Nasdaq | Operator | USD 84.45 | +2.01% | -25.78% | $5.9bn | 4.50% |
| 10 | Super Group | SGHC | NYSE | Operator | USD 11.35 | +1.98% | -5.02% | $5.8bn | 4.41% |
| 11 | FDJ United | FDJ | Euronext Paris | Lottery | EUR 20.61 | +0.19% | -12.74% | $4.3bn | 3.27% |
| 12 | Entain | ENT | London Stock Exchange | Operator | GBP 4.48 | -0.88% | -41.55% | $3.8bn | 2.94% |
| 13 | Rush Street Interactive | RSI | NYSE | Operator | USD 16.36 | -2.91% | -15.80% | $3.8bn | 2.90% |
| 14 | Sportradar | SRAD | Nasdaq | Data | USD 11.99 | +2.13% | -49.56% | $3.5bn | 2.71% |
| 15 | Penn Entertainment | PENN | Nasdaq | Operator | USD 15.46 | +3.83% | +4.81% | $2.1bn | 1.59% |
| 16 | Genius Sports | GENI | NYSE | Data | USD 6.54 | +1.71% | -40.65% | $1.8bn | 1.34% |
| 17 | Brightstar Lottery | BRSL | NYSE | Lottery | USD 9.56 | +3.58% | -38.24% | $1.7bn | 1.33% |
| 18 | Playtech | PTEC | London Stock Exchange | Platform | GBP 3.73 | +0.76% | +31.50% | $1.4bn | 1.06% |
| 19 | Tabcorp | TAH | ASX | Operator | AUD 0.86 | -1.16% | -13.64% | $1.4bn | 1.05% |
| 20 | Betsson | BETS | Nasdaq Stockholm | Operator | SEK 99.05 | +4.87% | -32.94% | $1.4bn | 1.04% |
| 21 | Bally's Corporation | BALY | NYSE | Operator | USD 13.76 | -0.22% | -16.71% | $695m | 0.53% |
| 22 | Rank Group | RNK | London Stock Exchange | Operator | GBP 0.79 | -0.38% | -20.64% | $491m | 0.38% |
| 23 | Better Collective | BETCO | Nasdaq Stockholm | Affiliate | SEK 75.70 | +3.13% | -34.00% | $435m | 0.33% |
| 24 | Kambi Group | KAMBI | Nasdaq First North Stockholm | Platform | SEK 155.20 | +1.44% | +14.12% | $411m | 0.31% |
| 25 | Evoke | EVOK | London Stock Exchange | Operator | GBP 0.42 | 0.00% | +89.64% | $254m | 0.19% |
A market-capitalisation-weighted index of 25 publicly traded gambling companies: operators, suppliers, platform and data providers, lotteries and affiliates, listed on ASX, Nasdaq Stockholm, NYSE, Nasdaq, Athens Exchange, Euronext Milan, Euronext Paris, London Stock Exchange, Nasdaq First North Stockholm. It gives one comparable read on how the sector is trading. Base value 1,000 on 19 September 2025; the level is chain-linked from daily closes since then.
It is the reference the newsroom uses when it reports results, deals and regulatory shocks, and it is free to cite with a link.
By listing venue (currency).
Additions, removals and input corrections, newest first, with the rule each was made under. Full log
The index is one layer. The newsroom covers every constituent’s results, deals and regulatory exposure; the directory profiles the companies behind the tickers; the Oracle asks readers to call where the sector goes next.
Sweden's racing-owned operator says casino grew 13% in the third quarter, but the growth came entirely from its Danish subsidiary: in Sweden, horse betting, sports betting and casino all earned less than a year ago. The money that funds Swedish trotting and gallop racing shrank with them.
The Chickasaw Nation's commercial arm now owns 13 Horse Palace sites, live racing at Sweetwater Downs, and the operator behind about 35% of Wyoming's $2.49 billion historical horse racing handle. No price was disclosed, and the deal lands months after a bill to cap the machines died.
The state's largest casino took $46.1 million from its tables and slots in September, its weakest month since the pandemic, while more than 1,300 workers picketed outside. The regulator's statewide total also carries an MGM Springfield figure that matches August's to the cent.
All six of Macau's casino operators signed up on Friday as passive investors in a MOP20 billion government guidance fund, with every pataca credited against the non-gaming spending they promised for their 2023 concessions. Sands China says its share replaces projects it had planned to build.
SkyCity Entertainment Group will give interested parties due diligence information on the entire business, though its chair told shareholders that no new or improved proposal has arrived since the two it rejected. The same morning its chief executive said it bid for two online casino licences rather than three to stay within its return targets.
The Stockholm-listed affiliate will pay the sellers of a Japan-focused business it bought for €2.0 million in 2019 about 40% of what it still owed them, mostly with a Bank of Valletta loan. Before the news the market valued the whole company at about a quarter of the old bill; the deal still waits on the bank.
Results, guidance, leadership and listings.
Every deal in the sector.
Profiles of 700+ operators, suppliers and service companies.
Reader predictions on year-end prices and the index level.
The iGT 25 is our index of 25 publicly listed gambling companies, weighted by market capitalisation, that tracks how the sector is performing on the stock market. It covers operators, suppliers and platform companies listed in London, New York, Stockholm, Sydney and elsewhere, and its membership is reviewed every quarter under its published rules.
Prices are taken from public market data four times each weekday (early morning, midday, late afternoon and evening, UK time). Only official closes are used: a constituent whose exchange is still trading keeps its previous close until the session ends, so the latest day is marked provisional until every exchange has closed. It is an editorial reference, not a real-time feed.
No. The index and the company pages are editorial information about listed gambling companies. They are not a recommendation to buy or sell anything. Share prices can fall as well as rise; take independent financial advice before investing.
Data and disclaimer
The index is recalculated several times each weekday from official closes only, and a day’s level is final once every exchange has closed, most recently for 23 October 2026. Prices can lag the market; verify against the exchange before any decision. This is not financial advice. Past performance does not guarantee future results. The iGT 25 is an informational benchmark, not an investable instrument.