If you frequently play in casino, there is one major drawback: you are almost certain to lose money in the long run. “The house always wins,” as the quote says. and this is as true today as it was 50 years ago. The only way to make long-term money gambling is through strategy games such as slot online.
However, there is still a way you can make money from gambling. And that is through clever investments in gambling stocks. The gaming industry is booming and has been growing steadily for years. In particular, online gambling is currently experiencing a huge boom. A good indicator when choosing the right stock can be the online casino selection from Casino Professor and similar portals. After all, you can often find testimonials from players there and thus get a relatively good picture of the popularity of a casino.
4 gambling stocks that have shown promising development.
Las Vegas Sands (LVS)
Las Vegas Sands (LVS) is one of the biggest names in the gambling industry. The group also operates casinos in Macau, which make up the majority of its sales. In 2007, the stock was worth over $ 130, but in 2014 it was worth more than $ 90. The reason for this crash was the global financial crisis, which had catastrophic economic consequences. This story shows how much potential there is in gambling stocks.
MGM Resorts International
Macau casinos make their Las Vegas competitors look like amateurs. The Asian gambling metropolis generates up to seven times more sales every year. The Chinese are only allowed to play in the Macau Special Zone, so hundreds of thousands flock to the city every week. The MGM Macau is in no way inferior to the MGM Grand Las Vegas and can hardly be distinguished from its American counterpart from the inside. It is always an interesting buy for investors, as this share has also been on an upward trend for years.
Flutter Entertainment was formed through the merger of Paddy Power and Betfair. The company is part of the Financial Times Stock Exchange 100 Index (FTSE 100) The growth figures for the digital sector have been considerably higher than those of offline companies for years. The advantages of the Internet are simply too great for players: they can play at any time and from any location and enjoy a much larger selection of games.
Churchill Downs Incorporated
Churchill Downs Incorporated is one of the largest gambling companies in the world. The company has added the ability to place bets on horse races online. Racing is a popular pastime in the UK and a way to make money in the U.S. It is not always about betting on “hip” companies like Apple or Facebook. Instead, it is often the unknown names that promise the highest return in the end. The share would be a lot more expensive if everyone had heard of the company.
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