Investing and the casino business. - page 2.

YOSHIE

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Quote from: Queentoshi on September 29, 2022, 01:47:56 PM

Investing in casinos and sports betting can be a profitable deal for you if you invest and buy good stock from worthy casinos.

yes definitely choosing and assessing an online casino before doing an investment business is the main thing and a good consideration, it's very important and don't forget to consider the risks.

Many investors think that online gambling investment is a business that is always growing, although many people say that the global economy is experiencing a downturn, it is not a real threat to the online gambling business.

I remember when the pandemic hit the world at that time, gambling investment which was in the spotlight of the world was one form of positive ROI business, although the online gambling investment business is a promising business, but in thinking about online casinos in terms of income and considerations are also needed before starting to invest, so that you don't experience disappointment in wanting to invest in an online casino to get a good profit.

Cookdata

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Quote from: Queentoshi on September 29, 2022, 01:47:56 PM

You can read more about the casino's here: https://southfloridareporter.com/investing-in-casinos-and-online-gambling-key-things-to-know/

Your table appears disorganized and unattractive; you can use the forum table BBCode to arrange the table's rows and columns so that the company name, market capitalization, and description are simpler to read.

These companies are big indeed, having those markets caps are actually mind blowing but instead of making hypes on their stocks, why don't we do something like them, we have some casino that has their own tokens, Like owl for example is another type of casino with its own token. It is better to invest in small startups than go after these big guys that dominate all of the shares to them selfs, you will only be getting a penny as dividends by end of the year.

mindrust

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Quote from: Queentoshi on September 29, 2022, 01:47:56 PM

Quote

Through July 2022, American gaming revenue hit $34.3 billion, a 15.5 percent rise from the same period in 2021, according to the American Gaming Association.

It can be a small minded thing to think that the only way to benefit from casinos and sports betting places is to gamble there. Investing in casinos and sports betting can be a profitable deal for you if you invest and buy good stock from worthy casinos.

Below is a list of Casino's to consider buying their stock, it is not a broad list, but just names some, please feel free to extend the list.

Quote

COMPANY (TICKER SYMBOL)   MARKET CAP   DESCRIPTION
Las Vegas Sands (LVS)   $29.2 billion   Operates a range of casino-hotels in Asia, including Singapore and Macau.
Caesars Entertainment (CZR)   $9.9 billion   Operates dozens of properties across the U.S. as well as a digital sports betting platform.
MGM Resorts International (MGM)   $13.4 billion   Operates major Las Vegas and regional casinos as well as sports and online betting sites.
Wynn Resorts (WYNN)   $6.9 billion   Operates a handful of high-end properties in Macau and Las Vegas as well as digital sports betting and online gaming.
PENN Entertainment (PENN)   $4.9 billion   Operates dozens of properties across the U.S., including casinos, online games and sports betting.
DraftKings (DKNG)   $8.3 billion   A digital gaming company enabling fantasy sports, sports betting and online gaming.
Melco Resorts and Entertainment (MLCO)   $2.5 billion   A Macau-based casino company, operates in the Philippines and Cyprus.

You can read more about the casino's here: https://southfloridareporter.com/investing-in-casinos-and-online-gambling-key-things-to-know/

I checked these casinos out and they all look like shit. There is something shady going on with these casinos probably. I mean if the house always wins, how the fuck these companies are valued so low? Most of them haven't moved an inch in 10 years. Most of them don't pay any considerable dividends neither.

They are probably stealing from their investors by cooking their books. Either way I wouldn't touch any of these.

molsewid

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Quote from: uneng on October 02, 2022, 01:04:30 PM

Oh, yes, thanks for mentioning these ones, although I haven't heard positive feedbacks from the profitability point of view about these casinos. If I remember correctly someone who invested in Bitvest had his investment pretty negative (in LTC currency I think), while Bustadice didn't show expressive results too. To make this kind of investment worth I believe the casino has to be very active and popular, otherwise it will be a risky deal, since few gamblers can come in, win a big prize, go away and there won't be many customers/gamblers to cover the loss the casino and investors had. Then you might have your money stuck there for a long time just to recover the same amount your deposited initially.

And as you said, there is also this cashout fee rule which discourages the investment a little more...

I see, I understand your point, it is not so good to invest in casino right? maybe I will be just a player not an investor, I realize that you are right, what if the casino can no longer sustain the big amount of money to winners? not all casinos get huge number of players consistently everyday. To be a player is risky enough for me, I will just stay as a player so that I can go to another casinos if you want.

uneng

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Quote from: Solosanz on September 30, 2022, 11:55:39 AM

Quote from: uneng on September 30, 2022, 11:45:50 AM

That is why crypto casinos bankroll investments were so good for common investors like us. You could benefit from the profit made by casinos, while investing any amounts of money without any difficult or bureaucracy. Just by signing up on crypto casinos you had access to this feature already.

However, now casinos are self-sustainable and don't want borrowed funds from investors anymore.

AFAIK Bustadice and Bitvest are two reputable casinos in this forum that still offer bankroll investment, so if you really want to invest you can choose those casinos. Although it sound investing in casinos are very profitable since the house always win, but they have a rules about withdraw fees where you want to withdraw your money from the bankroll investment. It depends on each casinos, just like Bustadice who ask 2% of the total investment.

If you didn't hold for long and withdraw your investment before it reach at least 2% profit, you'll loss.

Oh, yes, thanks for mentioning these ones, although I haven't heard positive feedbacks from the profitability point of view about these casinos. If I remember correctly someone who invested in Bitvest had his investment pretty negative (in LTC currency I think), while Bustadice didn't show expressive results too. To make this kind of investment worth I believe the casino has to be very active and popular, otherwise it will be a risky deal, since few gamblers can come in, win a big prize, go away and there won't be many customers/gamblers to cover the loss the casino and investors had. Then you might have your money stuck there for a long time just to recover the same amount your deposited initially.

And as you said, there is also this cashout fee rule which discourages the investment a little more...

dezoel

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When we say benefit I think it won't only mean money but we can also say that we benefit in the casino because we enjoy it or we are having fun out of it. For those types of people, the only way for them to benefit in a casino is to play there but if you are a money/business minded person then you can think of many ways and one of it is investing in casino's stocks.

In some casinos, we can also invest on their bankroll but I think this one is less profitable. I've read negative feedbacks from users who did this and then most of the casinos who offer bankroll investing are shutting down. Thanks for the list anyway @OP but I think all of them are non crypto based. I think crypto casinos has more potential as it is still a new thing compared to fiat based casinos.

Boristhecat

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Quote from: bittraffic on September 30, 2022, 08:36:58 PM

Quote from: Boristhecat on September 30, 2022, 01:14:09 PM

Great chart, thanks! I wrote about this right on the first page without even checking the charts of stock quotes - casinos have long become a traditional business and if the entire market falls, then their shares also fall. Now the whole market is in recession and it is more profitable to hold cash than stocks (or even short, but this is very dangerous since on average the market is always going up and you have to guess a good short point). Maybe after the end of the crisis it will be profitable to buy shares that are at the bottom.

It will take long before the crisis will end, however. and by the time it's almost over that we can see improvements, the stocks may probably be bought and accumulated by the wealthy investors wanting to dominate the industry.

Even when the stocks are crashing, the price still is very unaffordable for small investors. More people will prefer to store food in times of crisis than spend to get 100 MGM or WYNN stocks.

The duration of the crisis will depend on the measures taken - maybe the governments will finally decide to "even out" everything with the help of inflation. And then, as a result of money printing, in a couple of years, all markets will formally come out of the crisis. And just in this scenario, it will be very unprofitable to keep the cash, and the worst stock will show growth.
But as you rightly noted, if we are talking about money "for food", then there is no difference where to invest it and how to store it - this is too little capital to feel the profit from investing it.

Mauser

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It's not a bad idea to invest in stocks of gambling companies. In my opinion anybody who is looking to invest money should atleast put some of his funds into stocks. Historically stocks have outperformed most of the other asset classes. A well diversified portfolio should contain stocks, crypto currencies, commodities, real estate and bonds. Especially now with 2 digit inflation rates it becomes more important to look for high return investments. The problem with the list of companies you propose is that many of them operate physical casinos, which have a lot of areas that are part of their business model. All of the big casinos also operate hotels that have a lot of costs and could be affected harshly again by another covid wave. That's why I would prefer to invest only in online casinos without all the side business. Also gambling returns are very different from investing. With gambling we can get our winnings immediately, as for stocks it can take years for the stock price to rise.

electronicash

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Quote from: ethereumhunter on October 01, 2022, 12:36:39 AM

Quote from: Zlantann on September 30, 2022, 02:56:58 AM

Quote from: ethereumhunter on September 30, 2022, 02:27:12 AM

If the stock price is not expensive, I think many people will try to invest in a well-known and trusted casino because it means they can get passive income from casino income. They can play gambling from the income from that investment so they don't need to use their money. But during the current situation, people need to learn more about how much they will get if they buy their shares because all businesses are still trying to bounce back. But it can be tried, but be careful if you want to try it.

If the company opens a public offer, it might not be a bad investment to put a little cash into such shares if the casino firm is reputable. Just like you gamble with your extra income, I would only invest what I can comfortably lose without developing health problems because of worries and frustration. This is because the casino business is very risky especially if they are the crypto types. I might never invest heavily in a casino company except if I am part of the management team or if I have total confidence in the team.

Also, I might also consider investing in casino companies that are registered in my location. It might be more safer and convenient to invest in casino firms that are within your jurisdiction because making inputs in the decision-making process and claiming damages due to mismanagement would be easier. I might be wrong but I don't think any crypto casino firm has listed its shares in my country's stock exchange.

As long as we try to invest money in a reputable casino company, I think we can hope to profit from that investment. However, it will not be a guarantee that the casino company will survive in the long term. But before you decide to invest anywhere, you should study it until you really understand how it works to make a profit.

It would be better if we invest in our location or country so that if something bad happens, we can get protection from the government. In addition, casino or investment companies already registered with the government will not try to do anything against the law.

its a stock market, it open for anyone to invest and regulated too. stock market however crashed deeper since yesterday.
but crypto market didn't. all the more reason to go for blockchain casinos. passive income from casino business is good as long as you have already gained back your capital particularly in crypto casino tokens.

ethereumhunter

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Quote from: Zlantann on September 30, 2022, 02:56:58 AM

Quote from: ethereumhunter on September 30, 2022, 02:27:12 AM

If the stock price is not expensive, I think many people will try to invest in a well-known and trusted casino because it means they can get passive income from casino income. They can play gambling from the income from that investment so they don't need to use their money. But during the current situation, people need to learn more about how much they will get if they buy their shares because all businesses are still trying to bounce back. But it can be tried, but be careful if you want to try it.

If the company opens a public offer, it might not be a bad investment to put a little cash into such shares if the casino firm is reputable. Just like you gamble with your extra income, I would only invest what I can comfortably lose without developing health problems because of worries and frustration. This is because the casino business is very risky especially if they are the crypto types. I might never invest heavily in a casino company except if I am part of the management team or if I have total confidence in the team.

Also, I might also consider investing in casino companies that are registered in my location. It might be more safer and convenient to invest in casino firms that are within your jurisdiction because making inputs in the decision-making process and claiming damages due to mismanagement would be easier. I might be wrong but I don't think any crypto casino firm has listed its shares in my country's stock exchange.

As long as we try to invest money in a reputable casino company, I think we can hope to profit from that investment. However, it will not be a guarantee that the casino company will survive in the long term. But before you decide to invest anywhere, you should study it until you really understand how it works to make a profit.

It would be better if we invest in our location or country so that if something bad happens, we can get protection from the government. In addition, casino or investment companies already registered with the government will not try to do anything against the law.

bittraffic

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Quote from: Boristhecat on September 30, 2022, 01:14:09 PM

Quote from: robelneo on September 30, 2022, 03:59:22 AM

It may be profitable but it's not a guarantee investing in casinos may look appealing but you need to do diligent research, checking the information on the internet and on how these casinos perform in the market just saw this now, investing in casinos is like gambling you need to invest what you can afford to lose, you need financial advice from a stockbroker and financial advisor although investing in the Cryptocurrency market is more volatile than casino investing

Great chart, thanks! I wrote about this right on the first page without even checking the charts of stock quotes - casinos have long become a traditional business and if the entire market falls, then their shares also fall. Now the whole market is in recession and it is more profitable to hold cash than stocks (or even short, but this is very dangerous since on average the market is always going up and you have to guess a good short point). Maybe after the end of the crisis it will be profitable to buy shares that are at the bottom.

It will take long before the crisis will end, however. and by the time it's almost over that we can see improvements, the stocks may probably be bought and accumulated by the wealthy investors wanting to dominate the industry.

Even when the stocks are crashing, the price still is very unaffordable for small investors. More people will prefer to store food in times of crisis than spend to get 100 MGM or WYNN stocks.

samuraijin

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I think it's really difficult to invest in a casino like some friends have said here because maybe we can get profits considering the casino income is also very large and has the potential to be a money machine, I haven't found a good site to invest in casino stocks, but this is a very good thread. interesting

passwordnow

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I've heard it as well from the financial advisors that I've seen. They say that instead of being only a consumer and buyer of the goods, be their stock investor too. Nothing wrong with that and I find it wise and brilliant to have that eye opener for those that don't know that they can do better.
The same goes for gamblers, aside from being a gambler, if you think that the market for these casinos is high and they're going nowhere but only to the top then it's one of the best stocks to have it as part of your port.

Finestream

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Quote from: dothebeats on September 29, 2022, 02:14:33 PM

The thing is, it's not easy to invest in these entities unless you have millions to use as a capital for investment. They'd probably focus more on the big fishes to keep on funding their platform rather than small timers like us to give them a steady stream of funding. While on paper, with these numbers included, it is a no-brainer to invest on these platforms, in practice (especially crypto gambling platforms) your investment can only last for a few months before it gets used up by the casino as a payout for their winners.

Investing in casinos is not the same investing in crypto as you can always invest on the amount you can afford to lose. However, when it comes to casinos, I think that there is a desired initial amount to invest, and it’s a bigger amount of capital that any regular gambler will find it hard to earn. This is the reason why most of the casino investors are those high rollers and those who are big time businesses owners. Of course, since the capital requires huge amount, then expect that they will get huge returns too in the future.

Fortify

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Quote from: Queentoshi on September 29, 2022, 01:47:56 PM

Quote

Through July 2022, American gaming revenue hit $34.3 billion, a 15.5 percent rise from the same period in 2021, according to the American Gaming Association.

It can be a small minded thing to think that the only way to benefit from casinos and sports betting places is to gamble there. Investing in casinos and sports betting can be a profitable deal for you if you invest and buy good stock from worthy casinos.

Below is a list of Casino's to consider buying their stock, it is not a broad list, but just names some, please feel free to extend the list.

Quote

COMPANY (TICKER SYMBOL)   MARKET CAP   DESCRIPTION
Las Vegas Sands (LVS)   $29.2 billion   Operates a range of casino-hotels in Asia, including Singapore and Macau.
Caesars Entertainment (CZR)   $9.9 billion   Operates dozens of properties across the U.S. as well as a digital sports betting platform.
MGM Resorts International (MGM)   $13.4 billion   Operates major Las Vegas and regional casinos as well as sports and online betting sites.
Wynn Resorts (WYNN)   $6.9 billion   Operates a handful of high-end properties in Macau and Las Vegas as well as digital sports betting and online gaming.
PENN Entertainment (PENN)   $4.9 billion   Operates dozens of properties across the U.S., including casinos, online games and sports betting.
DraftKings (DKNG)   $8.3 billion   A digital gaming company enabling fantasy sports, sports betting and online gaming.
Melco Resorts and Entertainment (MLCO)   $2.5 billion   A Macau-based casino company, operates in the Philippines and Cyprus.

You can read more about the casino's here: https://southfloridareporter.com/investing-in-casinos-and-online-gambling-key-things-to-know/

Unlike gambling you can find stocks much more reliable sources of income - provided you do a lot of research and gain a good understanding of how the underlying company really works. You definitely want to stick with casino or gambling companies based in places like the US or Europe, because anything connected with China will likely leave you penniless, as they are very lawless in many respects. There are quite a few worldwide gambling companies that are based in the UK which are surprisingly absent from your list. It definitely takes a degree of patience and timing, they skyrocketed during Covid lockdowns for example but since then have slumped.

Boristhecat

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Quote from: robelneo on September 30, 2022, 03:59:22 AM

It may be profitable but it's not a guarantee investing in casinos may look appealing but you need to do diligent research, checking the information on the internet and on how these casinos perform in the market just saw this now, investing in casinos is like gambling you need to invest what you can afford to lose, you need financial advice from a stockbroker and financial advisor although investing in the Cryptocurrency market is more volatile than casino investing

Great chart, thanks! I wrote about this right on the first page without even checking the charts of stock quotes - casinos have long become a traditional business and if the entire market falls, then their shares also fall. Now the whole market is in recession and it is more profitable to hold cash than stocks (or even short, but this is very dangerous since on average the market is always going up and you have to guess a good short point). Maybe after the end of the crisis it will be profitable to buy shares that are at the bottom.

Invester

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It's the reason why casino business is a booming industry. Physical casinos took heavy hits during COVID-19. But online casinos took much of the market share and continued to flourish even up to now that physical casinos are back into business.

It's rare to find physical casinos filing for bankruptcy and closing its operations. There are more casino openings than casino closings. And the birth of the internet also gave birth to online casinos that are until now growing fast.

Cling18

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To be honest, I also didn't know that we can invest in casino businesses. This sounds interesting, especially to those who want to maximize their earnings and profit. I think this is possible for those who have huge capital so it's a big challenge for small-time investors. We only have to choose highly reputable casinos.

ralle14

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Quote from: Queentoshi on September 29, 2022, 01:47:56 PM

Investing in casinos and sports betting can be a profitable deal for you if you invest and buy good stock from worthy casinos.

That is true you can earn profit from buying casino stocks but it still has its own risks though and even though it sounds simple I wouldn't easily recommend it to others.

Quote from: uneng on September 30, 2022, 11:45:50 AM

That is why crypto casinos bankroll investments were so good for common investors like us. You could benefit from the profit made by casinos, while investing any amounts of money without any difficult or bureaucracy. Just by signing up on crypto casinos you had access to this feature already.

I agree, back then bankroll investments were so common in crypto casinos and it's one of the better alternatives but now only a few casinos accept bankroll investments, and other casinos distribute a portion of their casino profits through their own tokens that can only be earned by playing in their site.

Davidvictorson

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This is quite interesting. I have never thought about investing in casinos or online bookies. Well, now that the OP has brought it up, it is worth considering and looking into. However, I think not all gamblers would want to invest because the dynamics are different. Gambling brings quick/fast money and there is a thrill to it because it is short-termed unlike investing which is not quick money and it is long term so there is no pleasure. Also, gambling doesn't require a lot of money unlike investing.

Topic: Investing and the casino business. - page 2. (Read 557 times)