July 22nd, 2019 3:35 pm
It’s something many of us dream about, that feeling of ecstasy when you finally beat the house. But for many of us, it is but a dream. The cash flows out but the winnings trickle in, like a mud-cracked stream at the height of summer.
What if I told you that there’s a way that you can – not “beat” exactly – but at least join the house in winning?
How? By scoping out investment opportunities within the online casino’s industry, and there is no better time to start investing in the online casinos. With the correct market knowledge, you’ll be able to hedge your bets like never before.
Investment often comes naturally to gamblers, because what is investing in stocks and shares if it isn’t a form of gambling itself?
The Online Casino Industry Is Growing Fast
The online casino industry is experiencing rapid growth. It grew by 1.2 per cent in the UK in 2018. It now accounts for 39% of the total gross gambling yield for the entire gambling industry.
Growth is likely to continue in the coming years because the industry is diversifying and many pressures are pushing it forward.
These different pressures give some indication as to where you should place your Investments.
Let’s take a closer look at some of the trends that are leading to rapid growth.
Winding Down of the High-Street Betting Shops
It’s no secret: our high streets are dying. We’ve witnessed countless retailers closing their doors for the last time.
The betting shops are no exception. In recent weeks, several notable high-street bookmakers have made announcements about record closures, and more are set to follow.
On the surface, this seems to spell trouble for some of our most famous betting shops, such as William Hill and Ladbrokes.
But it’s not doom and gloom for these high-street giants. They’re simply shifting their focus away from the high street towards online gambling. There’s no better time to invest in these businesses as they seek to expand their online market share.
Buy Shares in the Online Casinos: Emerging Markets
New online gambling markets are opening up all the time. Last week we saw Pennsylvania joining a small selection of US states where online casino-style gambling is legal. Pennsylvania is expecting an aggressive expansion of its online casinos.
With applicants paying $10m a pop for their online gambling licence, expect to see many investment opportunities arising. Now is an ideal time to capitalise and invest while the market is hot.
Keeping up-to-date with emerging markets will help you spot new investment opportunities as they arise. The USA is particularly worth watching, as it’s only a matter of time before more states seek to legalise online gambling.
New Technologies Taking the Markets by Storm
Finally, investment opportunities abound in the realms of new technologies. Two particular trends are worthy of special attention as players flock to participate in new and exciting gambling opportunities.
- E-sports: these are multiplayer video games where people play competitively and with a similar structure to sports betting. Currently in its infancy, you can expect e-sports to grow exponentially over the next decade. Long and short-term investment opportunities abound with some of the larger online casinos.
- Virtual casinos: with the advent of virtual reality, online gambling will become increasingly interactive. Players will be able to pull up a virtual pew at the poker, blackjack, and bingo tables amongst others.
If You Can’t Beat Them, Join Them
OK, so you might not beat the house by investing in stocks and shares, but you can certainly join them in making the most of this fast-paced, growing, industry!