Comments on: A sector I would love to invest in…online gambling

By: Betfair going public « Intelligent Speculator

Betfair going public « Intelligent Speculator — Fri, 24 Sep 2010 11:01:27 +0000

[...] company Betfair announced it would be going public in a sector I would love to invest in; sports betting. It hopes to get a valuation of 1.5 billion british pounds. Regular readers know that I am a huge [...]

By: Investing in internet gambling months away? « Intelligent Speculator

Investing in internet gambling months away? « Intelligent Speculator — Wed, 12 May 2010 21:35:57 +0000

[...] readers of this blog have known about my interest in the internet gambling sector, something that has been beyond difficult in North America because of the very severe US [...]

By: OneDay

OneDay — Wed, 16 Dec 2009 14:26:46 +0000

Great idea! There’s the MECN Gambling Industry Index, which tracks a representative group of 47 gambling companies. I don’t know the current performance, but I think this is a growing industry. Online gambling stocks might offer a wealth of opportunities! Being in UK, I would invest in PartyGaming (PRTY).

By: IS

IS — Wed, 16 Dec 2009 14:17:10 +0000

@John – Yes I see your point, these are important considerations but they would be priced in the stock.

As well, since I would be long and short gambling stocks, such regulation changes would not impact me as much.

As for the government, actually in these European countries, the websites do pay taxes and it does amount to big revenues for the governments involved:)

@Catarina – Can’t argue with that, I understand your point:)

By: Catarina

Catarina — Wed, 16 Dec 2009 14:13:42 +0000

Good post. However, I don’t want to invest in online gambling stocks for moral reasons…

By: John

John — Wed, 16 Dec 2009 14:01:06 +0000

Nahhhh I think it’s a risky investment…Int’l regulations is preventing further growth of online gambling, especially with the emergence of the internet and the broadcast of poker tournaments (easy addition and problem gambling) ! The problem with all of this is why government would want to substitute existing taxable gambling to untaxable Internet gambling…