Queentoshi (OP)
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Hire Bitcointalk Camp. Manager @ r7promotions.com
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September 29, 2022, 05:47:56 PM Last edit: September 30, 2022, 09:59:26 AM by Queentoshi |
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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. 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/
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dothebeats
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September 29, 2022, 06:14:33 PM |
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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.
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avikz
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September 29, 2022, 06:26:10 PM |
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Owning stocks of profitable sector or profitable business is always a good way to make money. It is not just limited to gambling and related activities but this can be attributed to any other profitable sector as well. If you see a housing boom in your country, you can always buy stocks of cement companies and steel companies because they are the raw material suppliers of this sector. If you see a motor vehicle boom in your country, it is always good to buys stocks of Motor companies, tyre companies or car accessories manufacturer companies.
But I don't think we do have any opportunities to buy stocks of the crypto related casinos here or to profit from it.
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bitbollo
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September 29, 2022, 06:32:43 PM |
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Thanks for sharing this is an interesting argument... but generally speaking investing in stock market is always something risky and any performance accrued in the past is not a guarantee for any further profit... Moreover even if they have bigger revenue, this not means they will share with shareholders ...
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Doell
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September 29, 2022, 06:50:36 PM |
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Investments in casinos that are sure to be profitable apply only to land-based casino. If investing in online casinos as far as I can know is small possibility to be profitable, your funds usually continue to rotate sometimes profit and sometimes loss, also for those who have small funds it is better to invest in crypto assets. Even also someone which have a big of funds only play at casino, many of the whale rarely invest in casino, because they are not looking for money only but they also want to feel the sensation.
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Boristhecat
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September 29, 2022, 08:14:29 PM |
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Investments in casinos that are sure to be profitable apply only to land-based casino. If investing in online casinos as far as I can know is small possibility to be profitable, your funds usually continue to rotate sometimes profit and sometimes loss, also for those who have small funds it is better to invest in crypto assets. Even also someone which have a big of funds only play at casino, many of the whale rarely invest in casino, because they are not looking for money only but they also want to feel the sensation.
By investing in an online casino, you most likely meant investing in a casino bankroll, which was very popular for a while. But that has nothing to do with the investment the OP was talking about. With such an investment, you do not acquire any rights (unlike buying shares of real casinos) but only get a promise to share future profits in accordance with your contribution. I have doubts about real investing (buying shares) in a casino: when I look at the market, I see that when it falls, all shares fall at about the same rate, and when it grows, innovative companies show the greatest growth. The casino does not belong to the "new" type of business and in fact does not have any innovations - in fact, it is a conservative business and it cannot generate income above the market. In addition, this business is always criticized by a large part of society and always carries the risks of tightening regulation.
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Jating
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September 29, 2022, 08:17:18 PM |
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Who wouldn't want to buy stocks not just from casino's that are very successful, but blue chips companies as well. But there are crypto enthusiasts here not keen about stocks and would rather stay with crypto. And if I'm not mistaken, some casinos that we know allowed investors, but I'm not sure how profitable it is in the long run. If I'm not mistaken, there is someone who try to experiment on investing on crypto based casino and post his monthly or yearly returns here. I'm also not aware that you need millions to invest on casinos, I thought that even average joe can buy stocks from them.
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Baofeng
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September 29, 2022, 09:07:28 PM |
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True, it's not that thru gambling that we can make money out of casinos, we could also invest on them. And perhaps this is the best time to buy stocks of casinos as majority of them are stumbling down, just like in crypto market, we are in a bear market.
And just like regular stock investing, the OP put up the name of some of the best casino's that we can invest right now. You just have to pick the right one.
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Oshosondy
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Gamble responsibly
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September 29, 2022, 09:34:50 PM |
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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.
There is nothing bad to invest on gambling sites too. This is not new, all businesses today have one way or the other they want investors to invest on their sites, gambling sites are one of them. Two questions to ask: Are the listed gambling sites paying in crypto to investors? I noticed I have not even heard about the gambling sites before How much is the smallest amount of money investors can start with? I will first prefer to gamble than to invest unless I huge amount of money to start with. Gambling is just fun and entertaining, the reason I am doing it and nothing more. If I do not have time for it, I do not do it. People have different preferences. Investment in gambling sites would require investors to invest huge amount of money before they can earn good income from it. That is investment generally though.
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South Park
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September 29, 2022, 09:42:12 PM |
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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.
While it is true that if you want to buy stocks on your own then you will need some substantial capital, you could try to look for indexes which track the gambling industry and invest there, while I have not heard of such a thing I believe it should exist, so for anyone interested in investing in those companies this can be done that way and obtain some nice profits along the way, after all we know that since the pandemic started gambling has gotten more popular than ever so it could be a good moment to invest in the industry.
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rhomelmabini
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September 29, 2022, 09:51:07 PM |
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I think this was moderate kind of thing to do rather than playing in a casino though it will take more time to be profitable. The thing with here is that users will prefer crypto over traditional assets but we never know if there are people still out here that invests on kind of stocks especially if it's regarding gambling.
Since the pandemic started I think most of these casinos in the list have been down considering lot of people won't visit an offline casino. This have take a toll on them but likely will bounce back now that restrictions on public places are lifting up. Not financial advice but it's likely the case here, tourism industry and gambling will likely boom next year.
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aioc
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September 29, 2022, 09:55:09 PM |
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There's a huge risk investing in the casino also So perhaps the best lesson for investing in casino stocks is to pick your spots because the market can wipe away years of profit very quickly. this is a quote from the article you've mentioned, you can make a lot of money and at the same time wipe out all your investment because there will always be times when circumstances and conditions where the gambling stocks could drop if you're a big risk taker investing in casinos is a good choice high profit but so is the risk, I prefer investing stocks on a popular brand where the risk is lower and can easily regain their losses, stocks like oil, are a safe investment.
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Hydrogen
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September 29, 2022, 10:12:58 PM |
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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. Those glowing statistics are misleading to a degree. Many gambling institutions suffered declines in revenue 2020/2021 due to travel restrictions and lockdowns. At least some of that positive growth might be considered the industry bouncing back from the pandemic, rather than linear growth. 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. 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/ There is one key aspect to consider with a US gambling industry investment plan. Lake Mead -- the main source of water in Las Vegas is drying up at an astonishing rate. Water levels in the lake are declining by a factor of around 5 feet every 2 weeks or so. This has been documented by many boaters in the area who published video clips on youtube to draw attention to the crisis. The long term viability of las vegas casinos could be in doubt with their supply of water on a steep decline. Whether they can find alternative sources remains to be seen. Suffice it to say that the explosion of the human population in the area is far too massive to be supported by normal desert rainfall. There have not been any real steps taken to address the issue. It is possible that the entirety of las vegas could end up a ghost town in the years to come. Which could make investment in casinos and gambling establishments with a presence outside of las vegas the better option.
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Yogee
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September 29, 2022, 10:26:04 PM |
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...But I don't think we do have any opportunities to buy stocks of the crypto related casinos here or to profit from it.
I haven't heard of a publicly listed crypto casino so no. Maybe the counterpart is having to invest in their native tokens or be part of start-up casino's seeding round. Investments in casinos that are sure to be profitable apply only to land-based casino. If investing in online casinos as far as I can know is small possibility to be profitable,
"sure to be profitable" seriously? Can you check land-based casino's numbers during the height of the pandemic and show us how many of them have been profitable? It's the online gambling that soared in the last three years as far as I know.
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AmoreJaz
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September 29, 2022, 10:35:18 PM |
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...But I don't think we do have any opportunities to buy stocks of the crypto related casinos here or to profit from it.
I haven't heard of a publicly listed crypto casino so no. Maybe the counterpart is having to invest in their native tokens or be part of start-up casino's seeding round. Investments in casinos that are sure to be profitable apply only to land-based casino. If investing in online casinos as far as I can know is small possibility to be profitable,
"sure to be profitable" seriously? Can you check land-based casino's numbers during the height of the pandemic and show us how many of them have been profitable? It's the online gambling that soared in the last three years as far as I know. or maybe, you can invest in crypto casinos by contributing to their bankroll. there are some casinos which offered certain interest from their profits depending on your share with their bankroll. however, you need to keep up yourself with the performance of the casino. because you need to get out of your funds if you feel the casino is slowly dying down. the pandemic period, was for me, an exception when it comes to land-based casinos. this was also true for other businesses as the world locked down owed to this virus. we can't expect to generate profits during this period. but as we head to recovery, we may see these physical casinos earn again.
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wheelz1200
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September 29, 2022, 10:37:40 PM |
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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. 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/ Yeah ypu can definitely bet on the casinos buy buying in stock effectively becoming the house. It's such a volatile business though so unless it's a well established casino with year over year returns you could likely be sinking you money in something as volatile as just betting the money away.
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KennyR
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September 29, 2022, 10:37:57 PM |
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That's a big list. This confirms that gambling investment is profitable than gambling. As in one of the quote, the revenue on gambling houses were in the decline. Some went on the negative part, which is completely out of travel restrictions. Most of the stocks looked like heard names, maybe MGM and Wynn resorts are much popularly known. With our cryptocurrency accepted gambling platforms too it seems to be profitable and very few platforms support investment access.
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Fivestar4everMVP
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September 29, 2022, 10:41:09 PM |
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Nice and useful piece of information there @OP, but I want to believe that all this casinos mentioned are all land based casinos, I've heard some of those names before, but the truth remains that I don't know very much about land based casinos, would have been more interesting if they were online based and also ones listed on this forum. Investing in stocks is good, but I prefer buying stocks of online casinos, since to me, I am of the belief that land based casinos will in time fade out, might not happen now, but sooner or later, it will happen.
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jossiel
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September 29, 2022, 10:49:21 PM |
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Aside buying stocks of those casinos, you can also invest into casino bankrolls and that is the likeness of buying casino stocks.
There is also the dividends type through buying their tokens and it is known lately but very volatile as they are in the form of tokens.
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Yogee
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September 29, 2022, 10:52:18 PM |
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...But I don't think we do have any opportunities to buy stocks of the crypto related casinos here or to profit from it.
I haven't heard of a publicly listed crypto casino so no. Maybe the counterpart is having to invest in their native tokens or be part of start-up casino's seeding round. or maybe, you can invest in crypto casinos by contributing to their bankroll. there are some casinos which offered certain interest from their profits depending on your share with their bankroll. Oh yes I forgot about that one. That's definitely a good option for existing online casinos with decent reputation but you have to check why they still needed some more funding after years of operation. It's good if the reason is for business expansion. It's bad if they have an issue with their liquidity.
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