The BlueStar Global Online Gambling, Video Gaming and eSports Index is designed to track the performance of various companies active in the online gambling, video gaming and esports spaces.
This includes companies that generate more than 50% of their revenue from online gambling platforms or related software, as well as video game development and related software or hardware. This further includes streaming services or video games and hardware for use in esports.
Josh Kaplan, Global Head of Research and Investment Strategy at MV Index Solutions, touched on the rapid acceleration of the global online gambling market, including sports betting’s increased adoption in the US.
He remarked: “We are pleased to announce the launch of the BlueStar Global Online Gambling, Video Gaming and eSports Index.
“The fight among online content and entertainment companies for screen time has only intensified over the last few years.
“With wider adoption of online gambling and sports betting throughout the US and the rest of the world, and incorporation of augmented and virtual reality in video gaming, the companies included in this index are in a prime position to be amongst the winners.”
MV Index Solutions’ new index is weighted by free float market capitalisation and calculated in USD as price indices, total return net indices and total return gross indices. The index will be reviewed on a quarterly basis.
The company simultaneously launched the BlueStar Israel Infrastructure Index, which tracks the performance of companies involved in the development and maintenance of Israeli infrastructure.