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Author Topic: Gambling is an investment.  (Read 170 times)
TryNinja
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Today at 06:09:44 AM
 #21

This is like saying that once you are a rich person you don't need to work for money anymore, but in reality if you are a billionaire you will stay billionaire with your nonstop income stream, no rich person will ever say no to extra, and also no amount of money will ever be enough for rich people.

Casinos are mostly profitable, it's one of the most lucrative business I know and selling shares isn't a bad idea, it brings more money anyways, there is no business that's too big for shares, there are too many examples of giant companies around the world that has shares, they made insane amount of money every week yet there shares are out there floating. I will accept that shares is a choice, for casinos but big and small it doesn't make a difference.
And what is so extra about them giving a share of their huge pie?

Big casinos make BILLIONS of dollars. So you think they should "sell shares" where small investors gives them money they don't need (because they already have billions) so they share a part of the profit that they could keep for themselves? Besides all the legal hassle which is a nightmare. Tongue

When you say companies around the world have shares, you're talking about public companies. You should probably read more about it: https://investingbrokers.com/why-do-companies-go-public/

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Today at 06:10:26 AM
 #22

If casinos are so profitable, why would they sell shares? Wouldn't it be better to keep all the profit from themselves? Smiley
What I want to post can be wrong, what I understood about the reason there is no more bankroll investment from the gambling industry is because of possible regulations. Just like I have said, maybe this is not right but I read about it.

Another thing is that bankroll investment can be for gambling sites that are just coming, a means to raise fund to develop the site. Gambling sites nowadays prefer to have the money to make the gambling site working before advertising the gambling site.

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Today at 06:20:51 AM
 #23

While owning shares in well run gambling companies can indeed be profitable, promoting share sales on forums like this raises serious concerns around regulation, transparency, investor protection, and conflicts of interest, which is why reputable operators usually stick to licensed markets and formal investment channels rather than informal community platforms.

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Today at 06:22:53 AM
 #24

I have never checked whether gambling companies that enter the stock market have good performance. If it's good enough and more profitable than other stocks, it will definitely attract the attention of stock investors. 
The casino business is certainly profitable, but that doesn't necessarily reflect its stock performance in the market. 
I think there are still quite a lot of illegal gambling sites that are accessed by many people, especially those operating with fiat in countries that prohibit gambling. Running such a business might be more profitable than trying to legally enter the stock market.

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Today at 07:13:52 AM
 #25

Your title made it look like you were saying placing bets was an investment but then your writeup cleared that misunderstanding, the truth is that if it wasn't a profitable business then nobody would do it, running a casino isn't easy work, physical or online but there are so many casinos out there solely because they have seen the profits that can be made from it and it exceeds any risk that might be attached to it and if there is an opportunity to buy shares then people definitely will buy, no one want to miss out on a good investment after all.

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Today at 07:35:41 AM
 #26

First of all, not because you invest does it means you guarantee profit. There's a lot of gambling sites out there and also here in the forum where they offer an investment to their bankroll, of course the profit of it depends on the platform's profit but just like what I've said, it's not fixed and there will be a time that some user might win jackpot and of course it might take some time for the bankroll to have a profit. The one you talk about is more on the usual gambling sites and I'm not really sure how to invest on those or buy those shares.

I think some gambling sites here doesn't sell share but rather their own tokens such as Betfury's BFG, Rollbit's RLB. Also there's Bustabits investment to their bankroll too, so there's a lot of companies here that lets anyone invest on their platform not directly in shares but in coins or in their bankroll.

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Today at 07:45:33 AM
 #27

I have never checked whether gambling companies that enter the stock market have good performance. If it's good enough and more profitable than other stocks, it will definitely attract the attention of stock investors.  
The casino business is certainly profitable, but that doesn't necessarily reflect its stock performance in the market.  
I think there are still quite a lot of illegal gambling sites that are accessed by many people, especially those operating with fiat in countries that prohibit gambling. Running such a business might be more profitable than trying to legally enter the stock market.
Adhering to tough regulations imposes high operating expenses on the balance sheets of the publicly traded companies and lowers the net profit margins. The illegal sites have a negative competitive advantage in that they do not pay taxes and licencing fees, which strangle the cash flow.

I see that the crypto investors want consistent growth with the cushion of legal immunity against prosecution, whereas black market players want as high profits as possible at will assuming that their businesses may be wound down any time. The two are not to be compared, since their business models are on the very different ends of risk rates.


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POPOLUV
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Today at 08:01:59 AM
 #28

Gambling is not investment. You invest in casino by buying shares if they offers this to their members. You can be their investors and get sharing profit from them. But I do not know those casinos that have investment program. Once I invested Bitcoin in the Yolodice casino in the past which gave me a decent profit. I don't know about Bustadice and I don't tried it. They have a minimum investment of ₿ 0.01.
I totally agree with you that gambling can never be an investment because an investment is when an investors invest on something or assets then expect a good return in a long term, so looking at the how gambling do work and if you want to compare or analyze if eventually a gambling is an investment, and i know that in merely looking of seeing that gambling is an investment, you will not disagree because the both involved putting in money but it is very understandable that gambling you can't invest in a long term while investing you allow it to be accumulating in a longer term for more profit.

R


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whiteblue
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Today at 08:03:52 AM
 #29

I have never experienced buying shares or contributing to a casino with the flow of capital that must be invested in the casino, I missed many opportunities, there is nothing interesting for me here even though it is so profitable for them, the casino is risky and I prefer other companies to invest in that can provide good returns and are also safer, the casino I see it is not safe as an investment place if the management data and prospects are not open transparent, he is an alternative place to play, I prefer it like that for here.


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