The stock market is back in full swing. Despite the fact that many stocks have been hit by the war in Ukraine in recent months and the corona virus has also influenced the market for years, it is still completely hot. And where online casinos when mushrooms spring up, it is now also possible to invest in such a company.
Despite the corona crisis, 2021 was a top year for investing. After some serious blows, the economy finally had the opportunity to recover. And with results – at least on the stock market – because many stocks took good returns. And after such a year in which a lot of money is earned, there is always a new stream of fortune seekers on the market.
These fortune seekers are eagerly looking for hugely profitable stocks, preferably they will get rich this month. These characteristics are familiar to gamblers. But making money that simple is of course a bit premature. In line with this, however, is an interesting option. For example, take a look at investing in casinos. In today’s life, heaps of sympathetic people put tons of money into these playhouses. Without often knowing that you can simply invest in those companies with much less risk.
It can also be a godsend for many; start investing in casinos instead of wasting your money in them. Combined with much less risk and often also more profitable – at least in the long term, than, for example, taking a gamble on slots and with online roulette .Nowadays it is made very easy to buy stocks, you can simply deposit money into an app . And now there is also a nice club with iGaming companies that make it possible to invest your hard-earned savings.
The companies MGM Resorts International, International Game Technology PLC, Gambling.com Group Ltd, Boyd Gaming Corp, Evolution AB are briefly described below.
MGM Resorts International
MGM Resorts International is a company that invests in casinos, hotels, resorts and entertainment. So you can say that the company is at home in all markets. The company is based in the most famous gambling city on the planet, the well-known Las Vegas in Nevada, United States. With a price of almost 40 dollars, the shares are not the most expensive, but certainly not the cheapest, if you look at fellow providers from the same industry.
But when you go into business with MGM, it is at least clear that you are not betting your money on the first horse. The company had more than 70,000 employees in mid-2019, so it has a large following to look after. And with all other services, goods and services you are also assured of a spread risk, something that is attractive to many when it comes to investments.
International Game Technology PLC
One of the better known stocks. Also supplier in the United Kingdom of software, computerized gaming equipment and other segments related to the gaming industry, such as lotteries and sports betting .The company recently released its 2021 results and they weren’t bad, even better when you compare them to the year before. Then there was a loss, now there was a large profit of no less than 55 million dollars.
Also interesting to know: at PLC dividends are paid. Maybe a no for some, but a go for many others. In any case, proponents of such benefits will know what to do with such information. And not to forget, the share is also affordable with a price of more than 25 dollars. Combined with the growth that PLC is experiencing, it is still a stock to keep an eye on.
Gambling.com Group Ltd
Gambling group can rightly be called one of the smaller players. With a price per share of less than nine dollars per share, it is also very affordable compared to the other gambling companies in the market. And with a market cap of less than 300 million, it can already be seen that it is inferior to many other competitors. But that doesn’t mean anything of course. Who knows, Gambling Group may well be the ideal expression for small but nice.
Boyd Gaming Corp
Boyd Gaming Corp(BGC) operates casino games and its products throughout the United States. But this company can rightly be called an all-rounder, because its services extend many times further than just gambling-related earnings. Because restaurant, entertainment, shopping and recreational facilities are also offered.
A major player, therefore, that is also available to invest with. And with a return of 5.8% over the past year, there was clearly some profit to be made in this growing company.
However, the price of the shares does not lie, which is at $68.13. Because with the price you pay for a BGC share, you can buy almost three shares of, for example, International Game Technology PLC. A big bite out of the pocket, but still a lot safer than feasting yourself with the gambling games of the same company.
Evolution AB
Finally, Evolution AB is also interesting to take a closer look at. Evolution AB, like the other companies, is available worldwide. It is known as a gaming company. The company develops, manufactures, sells and licenses fully integrated B2Blive casinosolutions to online casino operators.
It is remarkable that the company originates from Sweden. As a result, shares are initially traded in Swedish kronor. In terms of price, they are at the top, because the SEK 995.70 that you pay for a share are worth almost 100 euros. But it is a different provider than the one mentioned earlier, coming from a different country and perhaps also more interesting. There’s only one way to find out, you’d say.
