Online gambling proves itself to be a good bet for savvy investors
06 July 2015
Electronic gaming has rapidly become an important factor in the international economy. It is time for the investors to get over their prejudices that they may have because of the ethics of gambling and its industry. It is omnipresent – on TV, around the corner in the gambling hall and even on your computer, and there is just too much growth to ignore this sector. If you have not noticed, there is a cavalcade of online gaming companies that have already become international player with sensational growth rates. Leading Portfolio Manager see a big potential in this sector that seems to be growing in a global low-growth environment. H2 Gambling Capital, the data source of the gambling industry, predicts that the value of the global online casino and bingo market will swell to more than US $ 13.5 billion in 2018, representing a compound annual growth rate of more than 10% from 2014. Such figures have attracted the attention of investors and there are some examples of impressive returns that were achieved in the industry lately.
An example is Amaya Gaming. A former small business in Canada that became virtually overnight the largest publicly listed online gaming company on the planet because it was bought by PokerStars and Full Tilt Online Poker. In its market debut in April 2010, the stock was trading at $ 1. The course is now $ 35. There are a growing number of other companies with attractive growth opportunities for investors in the areas of software developer, fantasy sports, online payments and even bingo. Not only are most of them ready to make money, they also offer a wide range of offerings that can fit into the different levels of risk tolerance.