New BlueStar index created to track performance of online gambling and esports companies
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The BlueStar Global Online Gambling, Video Gaming and eSports Index tracks the performance of global companies active in online gambling, video gaming, and eSports segment. The index includes companies that generate at least 50% of their revenue from online gambling platforms or related software; video game development and related software or hardware such as computer processors and graphics cards used in video gaming systems, controllers, headsets, and gaming consoles; streaming services or video games and/or hardware for use in eSports events or are involved in eSports events such as league operators, teams, distributors and platforms.
In an official press release, Josh Kaplan, Global Head of Research & Investment Strategy at MV Index Solutions, spoke about the launch and said: "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 prime position to be amongst the winners".
The company also launched the BlueStar Israel Infrastructure Index, which tracks the performance of companies involved in the development and maintenance of Israeli infrastructure including energy projects, construction, telecommunications, and related civil services.
Both indices are weighted by free float market capitalization and are calculated in USD as price indices, total return net indices and total return gross indices. The BlueStar Global Online Gambling, Video Gaming and eSports Index is reviewed on a quarterly basis. The BlueStar Israel Infrastructure Index is reviewed on a semi-annual basis. Detailed information about the index, including methodology details and index data, is available on the MV Index Solutions website.
