Have you ever directly invested in a gambling-related publicly traded company?

[MichaelCorfman]

Earlier today Buzzy posted an article about the investment outlook for publicly traded UK bookmakers. You can see the post here:

Do regulatory threats lengthen the odds of success for UK bookmakers?

That got me wondering how many of us, who's business is online gambling, invest in the stock market, and in particular in gaming companies.

Besides voting in the poll, share you views about investing in individual stocks, as well as in individual gaming-related stocks.

Michael

[TheGooner]

Sky City Casino is a public traded company here in New Zealand.
It has three casinos in New Zealand, two in Australia and runs as a profitable investment (as most casinos do)

Casino licenses in NZ are government controlled and very limited - so there is a barrier to further competition.

[sweetbet]

I've thought about investing in the Star Entertainment Group but I never did because the level of profitability is not appealing enough for me.

[Moonlight Cat]

I had shares of IGT (NYSE: IGT),
Summit Ascent Holdings (HKEX: 102.HK, OTC: SMTNF).
Naga Copr (HKEX: 3918.HK, OTC: NGCRF).

Summit Ascent Holdings - this is are part of Macau gambling tycoon Stanly Ho Empire. Naga Copr - this is one of the largest offline gambling operator in Asia (South-East Asia). They both have operation in Russian Far East now.

But i sold all shares and closed account at my US broker. Because i opened it only for education purpose. I think all who have they online buisness must know are little bit about investments, what is shares, what is bonds, what is broker, what is The Depository Trust & Clearing Corporation ( DTCC) e.t.c.

But for making money for me investing in shares is not good. First off all, big comission for non-US customers, problem with wire transfers (very hard to send directly wire transfer from Russia to US-brokers) e.t.c.

And the main. From my point of view - Investment is a serious business. It requires a lot of capital and serious mathematical knowledge. For me - as small affiliate, is more profitable invest money in my own site.

My point of view - the way to success is - concentration only for one business. This is impossible to be are good affiliate and good investor in one time. Warren Edward Buffett - is very good investor, but i don't think that he may create succeful affiliate gambling site . So, why i may think that i be succeful investor? I think i must play on my field.

[celena]

Hello,

I never thought about it, I do not have time.
I think investing requires a lot of knowledge.
I prefer to work on my sites.

[AussieDave]

Rather take my chances with BTC

[MMM]

I had and wish i had more. Being inside the industry is one of the best ways to get investment ideas. NetEnt slots when the started to really rock and appeared in every casino.

[Triple7]

Nope. I guess I am a bit too late to buy Netent shares and I am not so confident about for example Playtech or British bookmakers. It might be interesting to buy shares of parties you consider as going to rock in the US in the future.

I agree with what someone posted here. You need time to analyze well what you should do, otherwise it's just kind of gambling.

[wolfie]

I invested some money in Netent and LeoVegas stock, because I believe both these parties know how to run a company well in a market that is growing every year. And that is about all the analysing that I did.

[susba]

Had some money on 888.

[Top Domains]

I chose "Other" because I have shares of Zynga. Strictly speaking, it seems to me that if you are spending real money to buy Zynga poker chips or whatever else they sell and then compete against the house or other players with it, then in a real sense one might consider that to be gambling.

As regulation unfolds in the US, and especially if California (Zynga's home state) finally gets its act together, then I expect Zynga will very likely also take the plunge into real money. They already did for a while outside the US as well, though I think they may not be doing that anymore. Their turnaround is finally going well now even without that, however.

Re individual stocks in general, I like the advice to keep no more than 5% of a portfolio in any particular one, and think they should be strong companies that pay dividends. Perhaps more than 5% in some cases.

You can also sell call options on shares you own, as well as try selling put options, though the latter can sometimes be quite risky despite seeming less risky than other option types. I have shares of the "GDX" fund which I have been watching more closely lately. If the price goes up to around $25.50 or $26, then I plan to most likely sell a call option on all of them.

Rather take my chances with BTC

I had a bunch of coins that I just cashed out recently at only around $2500 - $2600, just before this nice run up to ~$5k. Hindsight is always 20/20.

[joeggg]

Don't invest in any gaming related company.

[TheGamblersClub]

I'm considering doing some investing but not in any gaming company.

[BestBonusBets]

Do crypto investments count?

[Top Domains]

You always want to put in a stop loss order for your shares. The kind of stop order you usually want to use is a stop market order. You generally want to avoid a stop limit order, much too risky. I did not sell the call option on GDX despite it hitting my target range the other day, but it's in the black, all well, and there's a stop market order more or less locking it in the black.