Shares in igaming and gambling firms fell off a cliff in the first 30 minutes of business after trade resumed at the London Stock Exchange today.
FTSE 250-listed William Hill fell 6.66 per cent in the first 20 minutes of trade, while GVC Holdings plummeted 7.68 per cent and 888 Holdings dropped 5.69 per cent, respectively.
Other industry players saw their overall share price fall, including Sportech down 1.34 per cent and Rank Group down 7.65 per cent.
Despite the poor share prices for the gaming industry, other companies listed including BP saw more than 30 per cent knocked off their share value due to the ongoing panic over coronavirus sweeping the globe.
Igaming companies mostly do well during times of panic, as they are not as exposed due to their online content. However, many of those hit this morning consist of legacy companies with footfall significantly down and expected to drop further in coming days and weeks, as people avoid public spaces.
