HOME
NEW CASINOS
BEGINNER'S GUIDE
BEST ONLINE CASINOS
NO DOWNLOAD
CASINOS PAYOUTS
SLOTS CASINOS
VIDEO POKER CASINOS
BLACKJACK CASINOS
PROGRESSIVE SLOTS
ARTICLES
GAMBLING TIPS
BLACKJACK TIPS
CRAPS TIPS
SLOTS TIPS
VIDEO POKER TIPS
MICROGAMING
PLAYTECH
BOSS MEDIA
CRYPTOLOGIC
RTG CASINOS
NETELLER
PREPAID ATM
FIREPAY
ACH
CENTRAL COIN
900PAY
CITADEL
GAMING CARD
NO DEPOSIT
SIGN UP BONUS
HIGH ROLLER
ONLINE CASINO GAMES
BUTLER'S BUBBLY
BLACKJACK
GAMING CLUB SLOTS
LUCKY NUGGET SLOTS
RIVERBELLE SLOTS
7 SULTANS CASINO
AZTEC RICHES
CASINO FORTUNE
CASINO GRAND BAY
CRAZY VEGAS CASINO
ENGLISH HARBOUR
HAVANA CLUB
NOSTALGIA CASINO
PHOENICIAN CASINO
PLATINUM PLAY
ROXY PALACE
ROYAL VEGAS CASINO
RUBY FORTUNE
SPIN PALACE CASINO
SUN VEGAS CASINO
SUPER SLOTS CASINO
LATEST NEWS
NEWS ARCHIVE
CONTACT US
SITE MAP
OUR PARTNERS
Reputable Online Casinos Home - Gambling News - June 2005 

“What does the future hold for the current Internet gambling Sensation?”

It’s not surprising that a lot of investors are considering buying shares in an Internet gambling company gone public or stands to go public, with all the noise being made about the industry of online gambling indicating all the profits being hauled in from investing in the online gambling industry. PartyGaming, the proprietor of PartyPoker.com site is an example of such a company, and it is getting ready to float for about four to five billion dollars on the Stock Exchange in London. Extraordinary revenues are being made from online gambling companies’ stocks. For instance, in the space of two years Sportingbet witnessed a jump in its shares to two hundred and ninety pounds from eighteen pounds. As PartyGaming’s issue of initial offering will only be permitted for specific organizations a number of investors are going to be disappointed. Until the shares begin trading private investors are going to have to hang on before being allowed to purchase.

The outburst of online gambling popularity has a number of causes, and the increase in women gamblers seems to be one of them. Online gambling appeals to a lot of women who would never dream of gambling at a land-based casino when placing bets via the Internet is a much easier and comfy manner to play. Starting the computer and accessing an online gambling site is instantly satisfying to these women. In fact, according to some assessments thirty or forty percents of participants are women, although PartyPoker puts the estimate at around ten percent.

The manager of UK equities at Hargreaves Lansdown Stockbrokers, Richard Hunter remarks that the industry of Internet gambling has become consensus and furthermore, once gambling used to be cloaked in a sense of conspiracy. Today anyone from his or her office or from the privacy of home can place bets. Participating in an online poker game, or placing a wager on virtually any sport together with financial shares and indices is made by people who would never dream of entering a land-based casino.

A lot of investors view the online gambling market as a first class investment possibility no matter what the cause are for its phenomenal popularity. There is no assurance that the gambling industry will continue with its financial profitability, some say, and contend that this holds even if Internet gambling is currently an accepted norm. The United States’ opposition to Internet gambling and its unlawful state, according to Chartwell Investment Management’s Ryan Hughes, endangers the entire industry of online gambling. Hughes also indicated that if the United States does ease its rulings on online gambling it could evolve into the formation of huge American gaming concerns endangering its British rivals by aiming to remove the latter’s share of the market. Because the online gambling stocks have risen so fast it’s not possible to know whether they’ll be permanent.

Seven Investment Management’s Justin Urquhart Stewart reiterates Hughes’ warning that just as the dot com market was hit badly so the online gambling industry will regress and deteriorate. Angst among the investors will be caused by the fall of small companies if too many enter the market and create a surplus. Swindling and laundering of money is that dangerous part of the market which is unregulated. Mr. Stewart further claims that if the share prices continue to rise swiftly, the actual value of the business will not match the stock market value and a typical mismatching will occur.

Back to June 2005 News Home

Find safe and honest on line casinos at Reputable-Online-Casinos.com
Copyright © Reputable Online Casinos. All Rights Reserved