“Empire On-Line's one billion dollar public Empire”
Empire On-Line is presently
one of the most prominent newsmakers in the online gambling
industry, and it’s
apparent that these days this industry of online gambling
is non-stop hitting the news. The London stock exchange
has caught Empire On-Line’s eye and the company
is now thinking of going public; and some one billion
dollars of shares are anticipated to be the company’s
issue. This issue of one billion dollars is likely to
represent the biggest issue ever made in the annals of
online gambling, and it is to be made according to the
investment bank’s advice. According to worlds-best-online-casino.com’s
editor in chief, Jill Salinger, the announcement made
by Empire On-Line concerning its intention to go public
will be carefully monitored by possible investors and
has a lot of significance for the Internet industry of
gambling. The management of Empire On-Line’s decision
to go public is based on the belief that the one billion
dollar issue will climb and lead to significant profitability – all
in the wake of the incredible expansion of
the Internet gambling industry.
Despite the incredible ongoing
pace and growth of the industry of online gambling,
the industry’s skeptics
are not for lacking. These skeptics claim that in the
same way the high-tech’s dot com industry collapsed
several years back, so in the same manner the Internet
gambling will follow in its wake. Nevertheless, all those
critics and skeptics seem to be wrong this time as the
signs do seem to indicate that the industry will not collapse
but rather continue to actually expand. Online gambling
is on an upswing of unheard of popularity in the gambling
world – all thanks to the arrival of the Internet.
The main attraction of Internet gambling is
the seclusion, comfort and effortlessness involved. By
clicking your computer mouse you can gamble in the privacy
and comfort of your own home, while in the old days if
you wanted to gamble you had to make the effort to travel
to land-based casinos situated in towns and often distant
from your own residential district.
Noam Lenir,
Empire On-Line’s Chief Executive Officer
is placing a bet on the success of his move to go public.
Lenir is an Israeli, and this is of interest
as in Israel Internet gambling is prohibited. Lenir is a
famous name in Israel, as Noam’s father was an officer
in the Israeli army and during the Yom Kippur War was captured
by the Syrians. His refusal to divulge important
information to the enemy under torture has made him a national
hero.
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