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Friday, August 17, 2007

Investing in the Gambling/Gaming Industry – Hidden Treasure or Risky Business?

Introduction
More and more investors are beginning to realize that the gambling industry is a promising global growth industry and offers a wealth of opportunities. But gambling, in many respects, remains one of the financial community’s best-kept secrets. Due to various reasons, gambling companies often do not make it into the portfolios of financial investors.
The new report of MECN is bringing some light into one of the fastest growing and promising industries. The report will provide detailed information regarding many relevant topics, among others:
-Comprehensive analysis of the industry’s sectors
-Key growth drivers of the industry
-Investment opportunities and current status
-Industry benchmarks and company comparisons
-Financial figures, ratios, and metrics
-Investment volumes and return multiples
-Stock market analysis (e.g., Gambling Industry Index, …)
-Privatization of state lotteries
-Investment opportunities for state gambling operators
-…
The results are based on a unique survey MECN conducted in association with one of the most renowned industry magazines, IGWB. Over 100 investors and gambling companies provided insights into the current status of gambling investments, opportunities and challenges, and future investments.
The report is mainly targeted at financial investors as well as at gambling companies that want to unlock the industry’s financial potential. This report will allow for a better understanding of the industry and its investment attractiveness and also help to identify ways in which the industry can improve its investor relations.




Online Poker – Driving Gambling to New Heights

Detailed industry report includes results of a survey conducted among industry experts featuring gambling’s hottest topic.

Gambling reinvents itself constantly, and online poker is the product that seems to be the current guarantor of future growth rates. What began as triumphant advance in the USA is now leading to a global poker wave on the Internet:

Poker will soon be the dominant online gambling offer. More than 60% of the industry experts surveyed believe that online poker will be the dominant offer in online gambling in 2-3 years.
The amount gambled on poker websites around the world in 2005 is estimated to be more than USD 60 billion, and the commission revenues will be around USD 3 billion.
Poker shows are a success on TV. Examples of successful poker TV shows include the World Series of Poker on ESPN and the European Poker Tour on Eurosport.
Online site Paradise Poker was recently sold for about USD 300 million, and whispers of a poker site IPO with an estimated evaluation between USD 4 billion and USD 8 billion are making online poker a business to watch closely.
As the success of online poker revs up, the gambling industry’s traditional operators (e.g., William Hill, Ladbrokes, …) are quickly adding poker to their online offerings.


                                                                             (-source :www.mecn.net)
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Profits on Online Banking??

Advantages of online banking
Convenience: Unlike your corner bank, online banking sites never close; they're available 24 hours a day, seven days a week, and they're only a mouse click away.
Ubiquity: If you're out of state or even out of the country when a money problem arises, you can log on instantly to your online bank and take care of business, 24/7.
Transaction speed: Online bank sites generally execute and confirm transactions at or quicker than ATM processing speeds.
Efficiency: You can access and manage all of your bank accounts, including IRAs, CDs, even securities, from one secure site.
Effectiveness: Many online banking sites now offer sophisticated tools, including account aggregation, stock quotes, rate alerts and portfolio managing programs to help you manage all of your assets more effectively. Most are also compatible with money managing programs such as Quicken and Microsoft Money.

Disadvantages of online banking
Start-up may take time: In order to register for your bank's online program, you will probably have to provide ID and sign a form at a bank branch. If you and your spouse wish to view and manage your assets together online, one of you may have to sign a durable power of attorney before the bank will display all of your holdings together.
Learning curve: Banking sites can be difficult to navigate at first. Plan to invest some time and/or read the tutorials in order to become comfortable in your virtual lobby.
Bank site changes: Even the largest banks periodically upgrade their online programs, adding new features in unfamiliar places. In some cases, you may have to re-enter account information.
The trust thing: For many people, the biggest hurdle to online banking is learning to trust it. Did my transaction go through? Did I push the transfer button once or twice? Best bet: always print the transaction receipt and keep it with your bank records until it shows up on your personal site and/or your bank statement.