Investing and the casino business. - page 3.

Solosanz

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Quote from: uneng on September 30, 2022, 10:45:50 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.

uneng

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It's definitely a smart idea to invest on casinos' stocks, but I don't even know from where to start or if it's possible for me living outside the countries where those casinos are based and living in a country where gambling is forbidden.

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.

348Judah

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Individuals collective summed up investment on casinos could have been more acceptable and reliable to them but the offer may be too small to their expectations, that's why they'd prefer reputable organizations and individuals that are financially bouyant enough to strick a business deal with them, bith the investment and casino business are good initiatives they could stream a good benefit of income flow but the capital intensive makes it more inaccessible for an average individual gamblers.

agustina2

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Don't put another problem in your head as there are a lot of good opportunities there aside from this.

If we are gamblers, then just enjoy being a gambler. Buying stocks is not as simple as we think especially if what we are talking about is investing in gambling site shares. This is not a simple investment and it will take several years before we can see a profit here - and that's even a question.

Remember what the pandemic brought to us? That's enough to know what business can survive in the worst situation.

Sandra_hakeem

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Goodnight, ohh Leo!!! 🦅

Investing in a casino is profitable as you tried to explain but there are also the risky part to the sweet story behind it. Nothing is actually, very free on the internet.
These looks like buying merchant shares from a big company or bank. It is always profitable but, this happens only when the company is making profit. If they have an electrocution problem , fire outbreak, run bankrupt IMO -- except those companies kept a bill with the government for such exigencies -- your investment capital is lost for life.

If that's a case in banks which, sometimes collaborate with the government as well, how much more a gambling site on the web that might decide to fold up anytime, based on its predicaments? So I'll say it's very risky.

Jating

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Quote from: Zilon on September 30, 2022, 06:28:32 AM

What happens when this casinos go bankrupt and what happens when the run out of money? Investing in casino stocks has the highest risk even though it can as well be profitable. Although most of their stocks are moderate and seem affordable, starting out with cheap stocks like EIHDF which is about $1.22 will not stir up so much emotion in case things turns out sore. i thing casino stocks should be treated just the way crypto investment is treated in terms of risk management

Depends on what bankruptcy they filed, Chapter 7 or 11. But yeah, common stocks are going to be worthless, so there is a risk as well (and not like any other investment instrument for that matter).

And with that , it's not a sure thing even if the casino is raking billions because you really don't know. Maybe one day there will be some whales that is going to pull out their investments going their stocks to go down hard. Or the returns is not that good as compare to crypto market. And just because they are "casino" doesn't mean that their stocks are doing good.

Zilon

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Bitcoindata.science

What happens when this casinos go bankrupt and what happens when the run out of money? Investing in casino stocks has the highest risk even though it can as well be profitable. Although most of their stocks are moderate and seem affordable, starting out with cheap stocks like EIHDF which is about $1.22 will not stir up so much emotion in case things turns out sore. i thing casino stocks should be treated just the way crypto investment is treated in terms of risk management

xSkylarx

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If it was that easy to invest on a casino then everyone should've already done it since we know that gambling businesses are always a thriving industry. Just like some other huge business establishment like hospital, hotel, or mall, casinos are funded by a group of business tycoons who are already popular in other field of entrepreneurship. A regular citizen can't just invest their money to it even if they have the financial capability.

danherbias07

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The questions like "how?" will come out.
It's not easy to find them or find a broker that will help you invest in the names stated.
Another question is how much is the minimum for you to get in?
I doubt they are inviting retail investors, it must be hundreds of thousands of dollars before they can accept you as an investor.
Finally, the question of how long will it take before you can get out?
Most probably it will be a long term investment and you won't even feel the profits if you are aiming short term only.

Findingnemo

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Bitcoin = Financial freedom

Investing in the stocks if casino can be little tricky because the returns will be s lot less in the reality while comparing the rewards of gambling so as a gambler they will always prefer the gambling. But as an investor the casino industry is very good and post covid the online casino and gambling companies are making more profits than before.

btc_angela

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^^ And so, even those casino stocks are not immune to what is happening in the world right now, it's recession. So the price is down just like the rest of the traditional stocks. And again, we might have to look long term with this casinos if we want to invest and also the risk factor involved. Perhaps the best thing to do is to just look for options stocks options, maybe blue chips is good as well instead of those casino business that are taking a hit because of the covid-19 as they are close to like 2 years so it's hard to come back from that and recover as the world is on a worst recession.

robelneo

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Quote from: Queentoshi on September 29, 2022, 12:47:56 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.

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

swogerino

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Quote from: OgNasty on September 29, 2022, 10:06:32 PM

The gambling business usually does pretty badly in times of recession. I’m not sure this is a great bet at this time in history. That’s why you see a lot of these large casino companies diversifying into real estate. In time, I think these companies will basically be real estate companies that earn additional income to expand from gambling operations. It’s better to invest after a recession than before though.

Even in good times investing in casinos is a risky business.You may start out well and the casino may be doing extremely well and your invested money grows exponentially but remember that it takes just a single whale to win that huge jackpot and boom you are in red,in minus.That is why I never recommend anyone to invest in a casino but in the event they are firmly convinced to invest at least do so in some casino that let's you withdraw your earned interest at any given time,this way you can keep withdrawing some money while the casino is in a good shape.

Zlantann

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Quote from: ethereumhunter on September 30, 2022, 01:27:12 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.

davis196

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Quote

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.

You don't benefit from gambling. You just have some fun and waste some money that you can afford to lose. Grin

Investing in casinos has nothing to do with gambling. I don't think that the gambling companies in your list are paying high dividends for their stocks. The gambling industry is extremely competitive, so the profit margins of the various gambling operators aren't that high.
The fantasy sports betting industry is a little bit different than the online/offline casino gambling industry.
Companies like Draft Kings and Fan Duel are dominating the US market and there aren't any big competitors challenging their dominance.
Maybe the fantasy sports betting market will become more competitive in the future and those two companies will lose a big portion of their market share. I wouldn't buy their stocks.

ethereumhunter

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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.

fortunecrypto

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The gambling industry is a multi-billion dollar industry, if you are an active gambler and a stocks investors you can hit two birds with one stone here, those who are active in gambling are likely to invest in gambling companies they know the in and out of the business, the one that is likely to invest in these casinos are whales, they have the money and the knowledge on what casinos to invest, only the pandemic can stop physical casinos from making a profit, and on online its the competition and government restrictions from players, these are two things that will hinder online and offline casinos to make a profit.

Wexnident

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I don't request loans~

I don't think businesses in casino are the best form of investment you'd want in times like this. It might even be better to invest in online casinos instead of land-based casinos since online casinos have better opportunities imo for expansion and imo has better chances of lasting longer. And on another note, there'd probably be better businesses to invest in that provide better returns than casinos themselves, not to mention that due to the recent pandemic, casinos have been in overall at the negative.

Strongkored

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The casino get profit not only from the casino but also other services such as hotels and so on, but if can invest by owning stocks, why not even though investing in other companies is more prioritized for me.
I think only whales and gambling lovers are more likely to invest here, retail will prefer stocks of conventional companies.

OgNasty

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The gambling business usually does pretty badly in times of recession. I’m not sure this is a great bet at this time in history. That’s why you see a lot of these large casino companies diversifying into real estate. In time, I think these companies will basically be real estate companies that earn additional income to expand from gambling operations. It’s better to invest after a recession than before though.

Topic: Investing and the casino business. - page 3. (Read 573 times)