Nevada Mobile Betting Provider Falls 12.50% in Mobile Gaming Index(tm)

March 28th, 2011 17:12

The Mobile Gaming Index for 28 March 2011 was £7.18.

This is an average stock price of public companies in the mobile gaming sector.

The price is weighted by shares outstanding, and by an estimated mobile revenue ratio.

Juniper Research forecasts the mobile gambling industry to grow to $48 billion by 2015.

Five stocks declined, eight gained, and five were unchanged or not traded.

 

NETPLAY TV(LSE: NPT) jumped 10.15%. Guy Templer, the former Chief Operating Officer of

Netplay TV, joined privately-held PokerStars as the new Corporate Business Development

Director. He will manage all Business Development and introduction into new regulated markets

for the PokerStars Group (http://www.pokerstars.com/).

 

PARTYGAMING(LSE: PRTY.L ) climbed 3.63%. The merger with bwin (DAX: BW9) will be concluded by 31 March.

Other gainers included Ladbrokes PLC (LSE: LAD), up 2.77%.

Ladbrokes PLC announced the release its Interim Management Statement for the three months

ending 31 March 2011 on Friday 15 April 2011.

A conference call for analysts and investors will be held at 9am (BST).

The biggest decline, was American Wagering Inc. (OTC-BB: BETM), dropping 12.50%.

American Wagering promotes mobile betting in Nevada with Leroys App.

No news or announcements are available for this stock.

Mobile Betting News @mgambling on Twitter

Symbol Price (GBP default)

--------------------------------------------

IGT USD$16.14

AYA.V CAD$2.85

PTEC.L 344.75

BET.L 972.00

888.L 44.50

CRP.L 90.00

PBTY.L 56.50

BW9.F EUR26.55

JH1.F EUR4.18

NPT.L 8.95

PAP.L 30.71

PRTY.L 200.00

SPO.L 37.75

SBT.L 49.75

WMH.L 184.00

BETM.OB USD$0.35

LAD.L 133.70

CWH.TO CAD$0.60