A popular saying goes like that “You want to win from the casino – purchase it!” In the real world, things are complicated. On-line and off-line casinos often end up going under and closing however, we’re looking to talk about other matters. I’m not going tell you how you can start your own casino (though maybe I’ll have a piece on that too however, it will be later). I’d like to discuss how you can become co-owners of famous casinos. You’ve probably suspected that we’ll discuss the firms, which are being joint-stock societies and that trade their shares in the stock-exchange. Most of the time the majority of major casinos (poker-rooms and more often bookmakers) get listed in the stock-exchange, and, hence, their shares can be purchased by the interested individuals.
In the past, the first to be listed are the known companies that own the off-line casinos (such as American Wynn, Las Vegas Sands, MGM and others firms), European gambling monopolies specialized in lotteries (Tipp24 – Germany, OPAP – Greece, SNAI – Italy), major European companies, mostly British, bookmakers (William Hill, Rank group etc. ) well-known suppliers of the equipment (IGT). Visit:- https://eubetvn.com/
The price of the most prominent industry players even now, in the deepest recession is as high as billion dollars. Many of these firms look at the on-line market (such in American casinos) or are active in it (European bookmakers).
This is the reason why we will talk in more details concerning the shares of the firms, that are known to us thanks to the casinos on the internet.
Let’s begin with the software companies. Among the most prominent, Microgaming and RTG are not corporatized, that is, you can’t become their co-owners, however you can purchase a few or more shares in Playtech (LSE: PTEC – in the following, indications of a market and share are provided in the brackets. 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, and what is odd is that they’re among the few which have survived the current recession well. In 2006. the shares was first offered at the cost of around 300 pounds. After bouncing the Americans they dropped down to 170 pounds, but at this moment, they’re on the upwards. Today, the overall cost of the company is over a billion pounds! Additionally, Cryptologic faces issues with clients therefore the value isn’t all that positive. Since 2000, the share price has fallen over 10 times between $30+ and $2. The price of the company has now been reduced to $40 mln.
Many second echelon businesses are included in the space: Net Entertainment, Chartwell, Parlay (specializes in soft for bingo rooms that are online), Probability (software supplier for the mobile casinos and mobile poker), Entraction (poker network).
When I saw the amount of the Net Entertainment company (Stockholm: Net-B) – over two billion, I got a bit dizzy, but afterward, I realized they were Swedish kronas. That’s right, in Euros it’s 10 times less. By the way, the company entered the market in the early 2009, and ever since , it’s mainly gaining in price, and its shares are not too expensive – the price of about 6-7 per share.