A popular saying goes like that “You want to win from the casino – get it!” In the real world, things are complicated. Casinos both on and off-line end up going under and closing however we are looking to talk about different things. I’m not going to tell you how to start an online casino (though, maybe, I’d have a piece on that too in the future, but not now). I’d like to discuss 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 firms, which are being joint-stock societies and which trade shares on the stock-exchange. In general the majority of casino giants (poker-rooms and often bookmakers) get listed in the stock-exchange, and, therefore, their shares can be purchased by the interested parties.
In the past, the first to be listed are the famous companies that run the off-line casinos (such like American Wynn, Las Vegas Sands, MGM and others firms), European gambling monopolies specialized in lotteries (Tipp24 – Germany, OPAP – Greece, SNAI – Italy) and major European and mainly British, book-makers (William Hill, Rank group etc. ) famous suppliers of the equipment (IGT). The price of the most prominent industry players even now, in the moment of economic recession, comprises up to several billion dollars. Many of these companies are looking at the on-line marketplace (such in American casinos) or are active in it (European book-makers). Visit:- https://eubetvn.com/
That is why let’s talk in greater detail regarding the shares of these companies, which are well-known to us thanks to the online casinos.
We’ll start with the software suppliers. In the ranks of the leading players, Microgaming and RTG are not corporately owned, which means they don’t allow you to become co-owners. However, you can buy several shares in Playtech (LSE: PTEC – below, the indications for a stock-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 lot – up to 500 pounds for each share. But what’s interesting is that they’re among the few that have weathered the current recession nicely. In 2006, the shares had been issued at the price of about 300 pounds; after bouncing the Americans they fell to 170, but on this moment, they’re on the rise again. In the present, the overall cost of the company is more than a million pounds! The company Cryptologic endures problems with clients hence the cost is not promising. The company was founded in 2000 and the share price has fallen more than 10 times from $30+ to $2. The price of the company is currently $40 mln.
Many second echelon businesses are also presented 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 first saw the cost of Net Entertainment company (Stockholm: Net-B) – over two billion dollars, I was a bit dizzy, but then noticed the amount was Swedish Kronas, which means in Euros it would be 10 times lower. The company was founded in the side, the company entered the market in the first quarter of 2009, and has since been growing in value, and its shares are not so expensive, on the price of about 6-7 per share.