Buy Yourself a Bit of Casino

A well-known saying goes something like the following “You would like to make money at the casino, buy it!” In reality, it’s not as simple. Off-line and on-line casinos can fail and shut down however, we’re getting ready to discuss other issues. I will not tell you how to create the casino of your dreams (though perhaps, I’d write about that however, it will be later). I’d like to talk about the process of becoming an owner of some of the most well-known gambling firms. I’m sure you’ve assumed that we’ll be talking about the companiesthat are joint-stock societies, and which trade shares on the stock-exchange. In general there are a lot of big casinos (poker-rooms and, more frequently, bookmakers) are listed on the stock exchange, and consequently, their shares are able to be bought by the interested individuals.

In the past, the first to be included are the famous companies that run the casinos that are off-line (such such as American Wynn, Las Vegas Sands, MGM and others companies), European gambling monopolies that specialize in lotteries (Tipp24 – Germany, OPAP – Greece, SNAI – Italy) Major European majors, mostly British, booksellers (William Hill, Rank group etc. ) and renowned manufacturers of the equipment (IGT). The costs of the biggest industry players , even in the economic downturn can be as high as several billion dollars. A lot of these companies look at the online marketplace (such for American casino operators) or operate on it (European bookmakers). Visit:- https://eubetvn.com/

This is the reason why we will talk in greater detail regarding the shares of these firms, that are known to us through the online casinos.

We’ll start with the software providers. Of the top players, Microgaming and RTG are not corporately owned, which means they don’t allow you to become co-owners, however you can purchase a few or more shares in Playtech (LSE: PTEC – the indications of a stock market and share are shown in the brackets, i.e. the following. LSE – London Stock Exchange, PTEC – Playtech shares ticker) and Cryptologic (LSE: CRP, or Nasdaq GS: CRYP). Playtech shares are priced quite a bit – up to 500 pounds for each share. What’s more, it’s interesting is that they’re among the few that have escaped the current economic downturn well. In the year 2006 the shares first released at the cost of around 300 pounds. After bouncing the Americans they fell to 170 pounds, but at the present, they’re on the increase. In the present, the overall cost of the company is more than a billion pounds! The company Cryptologic has issues with its clients so the cost isn’t that positive. In the last decade, the share price has fallen more than 10 times between $30+ and $2. The expense of the company is now only 40 million dollars.

A variety of second-echelon companies are present on the marketplace: Net Entertainment, Chartwell, Parlay (specializes in soft bingo rooms online), Probability (software supplier for the mobile casinos and mobile poker), Entraction (poker network).

When I read the price of Net Entertainment company (Stockholm: Net-B) more than two billion dollars, I was somewhat dizzy, but afterward, I realized the amount was Swedish Kronas, which means in Euros it’s 10 times lower. In the by the way, the company entered the market in the beginning of 2009 and since then it’s mostly increasing in value, and its shares aren’t as expensive – the average is 6-7 dollars per share.

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