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Why not OWN
part of a casino and poker room?
Did you ever think about buying shares in a
casino? You probably wished you owned a casino so you could
make the kind of money they make. Well recently it has
become possible to buy shares in a few of the casinos and
poker rooms. We even found a privately owned casino and
poker room where you could buy shares as it lists!
Due to the unclear legal position in the
United States with regard to promotion of online casinos and
poker rooms most listings are on the London Stock Exchange.
The largest of these is Party Gaming plc,
currently valued at over �5 billion. This business has a
higher capitalisation than some really well respected
national businesses. Others you can find listed include
William Hill.
The online gaming business has been the
fastest growing industry in the world for the last two years
and the growth continues unabated. The online gaming
business is now the largest industry on the internet, larger
even than the adult business.
We�re not going to try and tell you whether
the shares are going to go up or down, that�s your call. The
fundamentals look good on the basis of there still being a
real shortage of shares available to buy in these businesses
and an apparent abundance of demand.
We turned our attention towards looking for
similar businesses that are looking for a public listing and
offer shares to the public. There are a few such businesses
that have already got the investment banks involved to shape
them for a future flotation. The downside is that the shares
in these businesses are tightly held by the existing
shareholders and not available to us or anyone else at this
time.
However, 888 is floating this week in London at an
approximate valuation of �700m following which it will be
possible for you to acquire their shares through your broker
if that�s what you want but remember the value of shares can
fall as well as rise.
If you want
to find out more about 888 take a look at the video� |
