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Investment View Of US Online Gambling
Sunday July 1, 2012 : AN INVESTMENT VIEW OF US DEVELOPMENTS IN ONLINE GAMBLING
Seeking Alpha's assessment makes for good reading
The respected investment publication Seeking Alpha carried an interesting article over the weekend, examining developments in online gambling in the United States and how these might impact land casino operators.
Authored by the Qineqt Team of investment professionals, which includes former hedge fund managers, traders and analysts at top tier firms and investment professionals up to speed on the latest research, the article opines that Delaware's success in passing an online gambling legalisation law will create a domino effect in the Middle Atlantic region, well known for its large-scale gambling and competitive nature.
The team suggests three scenarios among land companies who might capitalise on the growing momentum of online gambling:
"One, companies that provide online gaming solutions are surely going to be the winners; two, Internet gambling companies will also see their revenues surge."
The third scenario depends on how the different land companies react to the situation, the article predicts, noting:
"One group strongly advocates this relaxation and has already shown its keenness to add this dimension to their operations. Their stocks are expected to reap the benefits after this declaration.
“However, the other group vehemently opposes Internet gambling, stating that it has led to depletion of their profits, and they think Internet gambling is illegal. Their stock prices are expected to decline or remain stagnant, unless they move toward Internet gambling."
The article is backed by a thorough assessment and analyses of the major players involved, and makes for good reading:
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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