Top 5 companies on the London Stock Exchange

The London Stock Exchange! There is a grandeur to it, and for a good reason, too. Hundreds of top companies have registered with it throughout the years, and the market has multiple indices to show it. Out of over one thousand firms, you can look at the FTSE 100, 250, and even 350 – these are the top performers of the LTSE. Below the 350 benchmark, you will find hundreds of up-and-coming organisations. Although the astounding majority focuses on investment or software, several casino operators have also made it to the list. We’ve listed them below, from least to most successful. To determine their success, we considered their index positioning, financials, spread, and volatility.

Note: Share prices are highly volatile in the short term. Our listing of the share prices is solely for reference purposes. However, index placing is often more telling of a company’s overall performance.

5. William Hill

This constituent of the FTSE 250 has been around for almost a century now. William Hill first opened the business in 1934 as a bookmaker, later entering the casino industry. The company reports a gross profit of over $1 million for 2019. Its share price stands at a relatively stable $270.

4. Rank Group

Founded around the same time as 888, Rank is a gambling and leisure giant. United States players might be well-acquainted with the chain of Grosvenor Casinos and Mecca Bingo. The parent organisation is part of the FTSE 250, and in 2019, it reported total revenue of $353.2 million, with over $50 million in yearly profits ($26 million). Its current share price stands at roughly $142, a slight increase compared to its open price.

3.    888 Holdings PLC

Here, we’re talking about a company with a tradition! 888 might be one of the most well-known corporations in the iGaming world. It began activity in 1997, being one of the first managers of online casino businesses. Later, it managed to secure a spot in the FTSE 250, with an approximate share price of $310 at the time of our writing. At the end of 2019, 888 Holdings reported a yearly profit of $45 million ($33 million).

2.    Entain PLC

Now we’re discussing a company of many names. Formerly known as GVC Holdings, Entain managed in late 2017 to take over bookmaking legend Ladbrokes Coral. Ladbrokes was a member of the FTSE 100 at the merger, and Entain now fills that spot. Its current share price is an astounding $1,465, with the highest standing at $1,477. This company is living proof that newcomers can and will make a difference – founded in 2004, Entain clearly is one of the younger organisations, and its growth comes in spurts.

1.    Flutter Entertainment PLC

Flutter Entertainment is the result of another merger. Namely, that of Paddy Power and Betfair. After this process, it acquired the prominent player Star Group. Like Entain, Flutter has secured a spot in the FTSE 100 index. And if you want to buy stocks with them, know that one is priced at $15,875. The maximum it has recently reached is $16,300. 

Several Conclusions

Although there are few casino companies in LTSE’s indices, they have all proven themselves to play an impressive part in the stock market. And, given that online casinos are on the rise, these are the firms to look out for!