Investors Show Interest in Online Gambling

Tuesday, November 23rd, 2010 - Emily W.

Stock market investors are becoming increasingly interested in the online gambling industry. It seems that recent mergers and expansions have piqued the interests of those in the financial sector, as casino operators begin to present attractive investment options for Wall Street. 

An online sports betting company and a casino operator recently announced a $3.3 billion merger, which would make its new brand the biggest online gambling company in the world. Stock prices for both companies sky rocketed shortly after the announcement, causing many other operators to reexamine their financial strategies. 

The first concern for several operators is getting listed on the London Stock Exchange. While some companies enjoy being privately owned, it is becoming increasingly apparent that there are some big benefits to being a publically-traded company. 

Other companies are looking at the option of merging to create bigger and better online gambling operators.