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Author Topic: Investing and the casino business.  (Read 528 times)
uneng
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October 02, 2022, 05:04:30 PM
 #61

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.
Oh, yes, thanks for mentioning these ones, although I haven't heard positive feedbacks from the profitability point of view about these casinos. If I remember correctly someone who invested in Bitvest had his investment pretty negative (in LTC currency I think), while Bustadice didn't show expressive results too. To make this kind of investment worth I believe the casino has to be very active and popular, otherwise it will be a risky deal, since few gamblers can come in, win a big prize, go away and there won't be many customers/gamblers to cover the loss the casino and investors had. Then you might have your money stuck there for a long time just to recover the same amount your deposited initially.

And as you said, there is also this cashout fee rule which discourages the investment a little more...

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October 02, 2022, 05:10:15 PM
 #62

Oh, yes, thanks for mentioning these ones, although I haven't heard positive feedbacks from the profitability point of view about these casinos. If I remember correctly someone who invested in Bitvest had his investment pretty negative (in LTC currency I think), while Bustadice didn't show expressive results too. To make this kind of investment worth I believe the casino has to be very active and popular, otherwise it will be a risky deal, since few gamblers can come in, win a big prize, go away and there won't be many customers/gamblers to cover the loss the casino and investors had. Then you might have your money stuck there for a long time just to recover the same amount your deposited initially.

And as you said, there is also this cashout fee rule which discourages the investment a little more...
I see, I understand your point, it is not so good to invest in casino right? maybe I will be just a player not an investor, I realize that you are right, what if the casino can no longer sustain the big amount of money to winners? not all casinos get huge number of players consistently everyday. To be a player is risky enough for me, I will just stay as a player so that I can go to another casinos if you want.
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October 02, 2022, 05:13:33 PM
 #63

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.

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.
Quote
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/

I checked these casinos out and they all look like shit. There is something shady going on with these casinos probably. I mean if the house always wins, how the fuck these companies are valued so low? Most of them haven't moved an inch in 10 years. Most of them don't pay any considerable dividends neither.

They are probably stealing from their investors by cooking their books. Either way I wouldn't touch any of these.

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October 02, 2022, 05:38:16 PM
 #64


Your table appears disorganized and unattractive; you can use the forum table BBCode to arrange the table's rows and columns so that the company name, market capitalization, and description are simpler to read.

These companies are big indeed, having those markets caps are actually mind blowing but instead of making hypes on their stocks, why don't we do something like them, we have some casino that has their own tokens, Like owl for example is another type of casino with its own token. It is better to invest in small startups than go after these big guys that dominate all of the shares to them selfs, you will only be getting a penny as dividends by end of the year.

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October 02, 2022, 06:01:40 PM
 #65

Investing in casinos and sports betting can be a profitable deal for you if you invest and buy good stock from worthy casinos.
yes definitely choosing and assessing an online casino before doing an investment business is the main thing and a good consideration, it's very important and don't forget to consider the risks.

Many investors think that online gambling investment is a business that is always growing, although many people say that the global economy is experiencing a downturn, it is not a real threat to the online gambling business.

I remember when the pandemic hit the world at that time, gambling investment which was in the spotlight of the world was one form of positive ROI business, although the online gambling investment business is a promising business, but in thinking about online casinos in terms of income and considerations are also needed before starting to invest, so that you don't experience disappointment in wanting to invest in an online casino to get a good profit.

R


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October 02, 2022, 06:42:11 PM
 #66

I think it's really difficult to invest in a casino like some friends have said here because maybe we can get profits considering the casino income is also very large and has the potential to be a money machine, I haven't found a good site to invest in casino stocks, but this is a very good thread. interesting
The difficulty of investing in a casino can depend on the website because some of them are not that user-friendly. Even if we want to try investing on them, we can easily get discouraged due to that fact but it can also depend on the person. If they can understand a more complicated thing then they can always navigate their way through the investment page and successfully acquire a share/stock by there.

I don't know if some gambling company intend to complicate things for some the investors. It's like they don't want the investors to enjoy the benefits of investing on them but if it's true then they better not offer their company in the public.

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October 02, 2022, 06:53:18 PM
 #67

Oh, yes, thanks for mentioning these ones, although I haven't heard positive feedbacks from the profitability point of view about these casinos. If I remember correctly someone who invested in Bitvest had his investment pretty negative (in LTC currency I think), while Bustadice didn't show expressive results too. To make this kind of investment worth I believe the casino has to be very active and popular, otherwise it will be a risky deal, since few gamblers can come in, win a big prize, go away and there won't be many customers/gamblers to cover the loss the casino and investors had. Then you might have your money stuck there for a long time just to recover the same amount your deposited initially.

And as you said, there is also this cashout fee rule which discourages the investment a little more...
I see, I understand your point, it is not so good to invest in casino right? maybe I will be just a player not an investor, I realize that you are right, what if the casino can no longer sustain the big amount of money to winners? not all casinos get huge number of players consistently everyday. To be a player is risky enough for me, I will just stay as a player so that I can go to another casinos if you want.
Yes. It's a must to check casino's traffic and how much gamblers are wagering on a daily basis before starting the investment. Some examples of good casinos to invest before, but no longer available were YoloDice and Crypto Games. Those were decently profitable (at least when investing bitcoin, although I'm not so sure about altcoins, because their results used to be much more unstable and inconsistent).

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October 02, 2022, 08:40:30 PM
 #68

It's  not a bad idea to invest in stocks of gambling companies. In my opinion anybody who is looking to invest money should atleast put some of his funds into stocks. Historically stocks have outperformed most of the other asset classes. A well diversified portfolio should contain stocks, crypto currencies, commodities, real estate and bonds. Especially now with 2 digit inflation rates it becomes more important to look for high return investments. The problem with the list of companies you propose is that many of them operate physical casinos, which have a lot of areas that are part of their business model. All of the big casinos also operate hotels that have a lot of costs and could be affected harshly again by another covid wave. That's why I would prefer to invest only in online casinos without all the side business. Also gambling returns are very different from investing. With gambling we can get our winnings immediately, as for stocks it can take years for the stock price to rise.

It is must knowledge before diving with this kind of investment, though I go with that sentiment, diverting your investment to every venue that you think it will grow is not a bad idea, and if you have good knowledge about gambling business and you trust the owners, you can place or money or buy stocks from their companies.

But again, you should know how the business works, just like how the management distributes the money that is invested. There are many ways of investment but for passive one it will take time.

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October 02, 2022, 08:58:41 PM
 #69

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.
This is probably why investing in casinos is only for rich men in the country because it’s only them that they can fund sufficiently and will become sustainable after a long duration. Of course, big capital, huge returns. The reason why these big fishes continue to become richer and prosper, because there are definitely huge profits waiting for them in casinos investments. The thing which, regular investors won’t be hard to achieve because they don’t have sufficient funds for casinos investments.

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October 02, 2022, 10:00:36 PM
 #70

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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.



Here in our country, the government is the one running the casinos individuals or groups can run a junket operation and get a percentage of the profit, like all the other stocks there's also risk involved in investing in casinos, casino operations have a low and peak season and we have seen that casinos are not a very stable business as there are conditions that casinos cease operation just like what happened in a pandemic and an earthquake or natural calamities or economic or political situation in a country where they operate, before investing in casinos be sure to know all the risks and get a good broker.

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October 02, 2022, 11:43:56 PM
 #71

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.
This is probably why investing in casinos is only for rich men in the country because it’s only them that they can fund sufficiently and will become sustainable after a long duration. Of course, big capital, huge returns. The reason why these big fishes continue to become richer and prosper, because there are definitely huge profits waiting for them in casinos investments. The thing which, regular investors won’t be hard to achieve because they don’t have sufficient funds for casinos investments.
Agreed, casino investment is much for the rich than the common people. There'll be ways, but to explore and making an investment is risky. Investment on Casinos will be always profiting. Maybe there'll be small difference between the monthly gains. Some of our firms too have investment opportunity for everyone, but the profit in terms of interest is very low.
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October 03, 2022, 12:06:24 AM
 #72

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.

This last point that the funds may be used by the casino to pay their winners is enough for me, not to invest in the casino's fund. This is too risky deal and i would not invest my hard earned money in that casino.

Also wouldn't it be better if we keep the casino gambling and investing separate as that would make more sense and the risk will be low too?

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October 03, 2022, 04:42:13 AM
 #73

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.

This last point that the funds may be used by the casino to pay their winners is enough for me, not to invest in the casino's fund. This is too risky deal and i would not invest my hard earned money in that casino.

Also wouldn't it be better if we keep the casino gambling and investing separate as that would make more sense and the risk will be low too?

It will definitely be a big risk since we will be needing a huge amount of funds. You have to make sure that you can manage to face the risk of losing your big amount of capital when investing directly in online casinos. I would rather risk m funds on betting where I have my own control over my money and the risk is still manageable. It will only fit those who have huge capital though it's a good business.
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October 03, 2022, 04:53:37 AM
 #74

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 mightn't just be as juicy as they're making it sound, and won't be profitable to the average Joe that has little money to put into this socks in expectations of huge return unlike when they gamble with those funds. One thing gambling sells that bring about patronage is the idea that you use very little to earn huge.  For your to be very profitable for this investment, you have to have huge capital or have the first mover advantage on your side (that is you been among the early investors as such you can get the stocks at very cheap price).

Another thing you should consider is the ability to spot casino that'll do very well over time and their tokens or stock will become profitable. The popularity of a casino most times doesn't reflect on the price of their stocks and most especially tokens as casinos coins are still struggling in the crypto ecosystem. And that's majorly because casino hardly prioritize the use of their tokens on their platforms (which would have driven up the price of their tokens, if they have done so) instead they leave room for accepting well established coins like BTC as this trends to attract gamblers more.

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October 03, 2022, 07:29:42 AM
 #75

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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.

You just said 15.5% rise in 1yr, when Bitcoin is getting this value in 24hrs, isn't that amazing? Because to me Bitcoin remains the best option for long-term investment. But in as much as you just said that investing in stock from worthy casinos could be another way of generating revenue but I'm sure they can never be as lucrative as gambling whereby with just $100 or below, you can stand the chance of winning over $1million in few hours or lose your entire funds, which has its advantage and disadvantages. Likewise investing in stocks from casinos that can easily be affected faster by market inflation (recession)

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radjie
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October 03, 2022, 12:29:25 PM
 #76

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.
This is probably why investing in casinos is only for rich men in the country because it’s only them that they can fund sufficiently and will become sustainable after a long duration. Of course, big capital, huge returns. The reason why these big fishes continue to become richer and prosper, because there are definitely huge profits waiting for them in casinos investments. The thing which, regular investors won’t be hard to achieve because they don’t have sufficient funds for casinos investments.

it becomes a habit that they can easily invest anywhere, because they have large enough funds so that gambling sites can become the target of rich people to invest in them.  both will be equally profitable, the site owner gets a guarantee from investors to spin his money to enlarge his site.  For big investors Investing in gambling sites is their main target to develop their money, because since the pandemic until now online gambling users have increased and are in great demand by the public.

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Jemzx00
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October 03, 2022, 01:54:35 PM
 #77

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.
This is probably why investing in casinos is only for rich men in the country because it’s only them that they can fund sufficiently and will become sustainable after a long duration. Of course, big capital, huge returns. The reason why these big fishes continue to become richer and prosper, because there are definitely huge profits waiting for them in casinos investments. The thing which, regular investors won’t be hard to achieve because they don’t have sufficient funds for casinos investments.
Agreed, casino investment is much for the rich than the common people. There'll be ways, but to explore and making an investment is risky. Investment on Casinos will be always profiting. Maybe there'll be small difference between the monthly gains. Some of our firms too have investment opportunity for everyone, but the profit in terms of interest is very low.
If I am correct there is a way for a normal person to invest in such a company whether it's for gambling or not that requires a large sum to invest. One possible way to join a small investiture company that allows a person to invest is by creating a group buy which is subjected to be divided on equal to each investor depending on the amount they'll invest on.

Also, Investing in a casino doesn't necessarily mean that someone will profit whether they invest in it in the short or long term. Just as you've said, any type of investment has its own risk and the same goes for gambling investment or casino investment.

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btc78
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October 04, 2022, 06:37:48 AM
 #78

I think it's really difficult to invest in a casino like some friends have said here because maybe we can get profits considering the casino income is also very large and has the potential to be a money machine, I haven't found a good site to invest in casino stocks, but this is a very good thread. interesting
If you understand how it works then yeah you may be partaking and will profit but if not then best to divert to other forms of investing like In projects or in trading .


We have seen platforms that offers good return but always remember that as long as we have no deeper knowledge then never risk our money on that because we are the one to suffer , specially in gambling in which mostly there are event that the site suffers most issues.

though I have known many that earns in here but I never tried nor consider to be one.

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October 04, 2022, 07:40:30 AM
 #79

I think as usual dividend paying gambling companies are more worth to invest in. I think it's definitely good idea to invest into gambling business if you are interested in their operation. I feel like casinos are too much energy consuming (especially incredible electricity consumption) but Las Vegas will always be capital of casinos in the world. Investing is far better than gambling yourself in my opinion. Risks are lower.
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October 04, 2022, 09:43:08 AM
 #80

...

I checked these casinos out and they all look like shit. There is something shady going on with these casinos probably. I mean if the house always wins, how the fuck these companies are valued so low? Most of them haven't moved an inch in 10 years. Most of them don't pay any considerable dividends neither.

They are probably stealing from their investors by cooking their books. Either way I wouldn't touch any of these.

Look like shit in what way? Land-based casinos, with apartments, crazy halls... probably with everything! I guess they don't make a profit only from gambling. I also checked some charts for Las Vegas Sands, 2020 was a bad year and I couldn't find anything about 2021. Anyway, nothing special even in their best years.


Well, after a quick check I still like this crypto way much more, casino tokens can be bought or we can earn them by playing (which is the best part), tokens are easily staked or traded, and we get daily payouts if we decide to stake them.

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