Short Term Struggles Appear To Be The Order Of The Day

Modern_City_BusinessIn terms of a general and overall outlook, the online casino sector was struggling again by the midweek point in trading on the international markets this week. Let’s take a look at some of the numbers for some of the big brand names that illustrate this.

The share price of William Hill decreased on Wednesday October 28th 2009. At the day’s beginning the share price was 170.00 and by the end of the day the share price was 167.00. That is all of 2.45 percent lower than the 171.10 on Tuesday and leaves the price 2.75% down on the Monday October 26th price of 171.60.

PartyGaming shares also lost ground on Wednesday. At the day’s beginning 238.00 was the share price and by the conclusion of business the share valuation stood at 234.50. That is 1.91% down on the Tuesday October 27th price of 239.00 and is 3.28% down on the Monday price.

Cryptologic was another player that lost ground. At the day’s beginning the share price was 3.91 and by the end of trading 3.80 was the value of shares. That is all of 4.47% lower than the 3.97 on Tuesday and this price is a very significant 8.94% down on the Monday.

Things have been quite rocky for the sector recently and if these numbers are anything to go by then the trend looks set to continue at least in t he short term.