Buy Yourself a Bit of Casino

A popular saying goes like the following “You would like to make money from the casino – purchase it!” In reality, it’s not that simple. On-line and off-line casinos do have to close and go under, but we are in the process of discussing other matters. I will not tell you how to start the casino of your dreams (though, maybe, I’d write about that, but later). I would like to discuss how you can become co-owners of well-known gambling companies. I presume, you’ve already suspected that we’ll discuss the businesses, which are joint-stock companies and which trade shares on the stock-exchange. The majority of them there are a lot of casino giants (poker-rooms and, more frequently, bookmakers) get listed in the exchange and, as such, their shares may be bought by the interested people.

It is certain that historically, the first to be identified are the prominent companies who own the casinos that are off-line (such like American Wynn, Las Vegas Sands, MGM and others companies), European gambling monopolies focused on lotteries (Tipp24 – Germany, OPAP – Greece, SNAI – Italy) and major European majors, mostly British, bookmakers (William Hill, Rank group etc. ) famous suppliers of the equipment (IGT). The cost for the largest industry players even now, in the deepest recession can be as high as several billion dollars. Many of these firms look at the on-line market (such for American casinos) or are active in it (European bookmakers). Visit:- https://eubetvn.com/

This is the reason why we will talk in greater detail about the shares of the businesses, which are well-known to us by the casinos on the internet.

Let’s begin with the software manufacturers. In the ranks of the top players, Microgaming and RTG are not corporately owned, which means, you can’t become their co-owners, but you can buy several shares Playtech (LSE: PTEC – below, the indications for a stock-market and a share are listed in the brackets. e. LSE – London Stock Exchange, PTEC – Playtech shares ticker) and Cryptologic (LSE CRP and Nasdaq GS CRYP). Playtech shares cost quite a lot – up to 500 pounds for each share. But what’s curious they are one of the few companies that have managed to weather the current recession well. In 2006, the shares first offered at the cost of around 300 pounds; after bouncing the Americans they fell to 170. However, at now, they’re in the rise again. In the present, the overall cost of the company exceeds a billion pounds! And Cryptologic endures problems with clients therefore the price is not that promising. In the last decade, the company’s shares fell over 10 times from $30+ to $2. The cost of the company has now been reduced to $40 million.

Many second echelon businesses are also presented in the industry: Net Entertainment, Chartwell, Parlay (specializes in soft bingo online rooms), Probability (software supplier for the mobile casinos and mobile poker), Entraction (poker network).

When I read the amount of the Net Entertainment company (Stockholm: Net-B) more than two billion dollars, I was slightly dizzy. However, I afterward, I realized they were Swedish kronas, meaning, in Euros it’s 10 times lower. It is worth noting that by the fact, the company entered the market in the in the early part of 2009, and since then it’s growing in value, and its shares aren’t so expensive, on the average is 6-7 dollars per share.

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