INVESTMENTS IN CASINOS

The following applies not only to the world of casino shares, but also to securities trading in general: if you want to invest, you should not put all your eggs in one basket and buy shares from different sectors.

In view of the European Central Bank's (ECB) low interest rate policy, many investors are looking for alternative investment opportunities. Gambling, which is accessible to many people through online casinos, is also benefiting from this development. Anyone who enjoys playing in online casinos and would like to invest in this sector can purchase casino shares. Various online casinos are listed on a stock exchange. It is as attractive as the online casino bonuses for canadians.

Investors who opt for casino shares need strong nerves, as the industry is volatile. For a long time, gambling had a negative reputation. Online casinos provide easy access to gambling, even for people who would otherwise not go to a casino. Online casinos offer a wide range of games. Numerous online casinos are now active, some of which are also listed on a stock exchange. Here you can check the map provided by the New York Times.

One reason why shares in online casinos only play a minor role for private investors is that many consider the industry to be dubious. Unfortunately, there are still various black sheep among online casinos that are not regulated by a state supervisory authority. The fear of investing in a dubious casino is unfounded, as companies that go public have to meet certain requirements. This also applies to casinos.

If you want to invest in shares in real money casinos, you do not have to open a custody account with your bank. A custody account with an online broker is much cheaper, as it is often free of charge. As the share price can fluctuate considerably, they are only suitable as an addition to the portfolio. Investors should also invest in other sectors and only spend a small proportion of their available money on casino shares.

The range of online casino shares is currently still limited, as not many online casinos are listed on stock exchanges. We have examined the market and taken a closer look at the various listed online casinos in order to provide our readers with an overview. As only a few online casinos are based in Germany, the selection of German stocks is correspondingly small. Online casino stocks from the USA are more common.

Caesars Entertainment - a whole chain of gambling companies

The US company Caesars Entertainment is one of the largest gaming companies in the world. The company is based in Reno in the US state of Nevada and is listed on the New York Stock Exchange NASDAQ. In addition to casinos, the company also operates various hotels and golf clubs. Every year, Caesars Entertainment organizes the World Series of Poker, the world's largest poker tournament.

Caesars Entertainment shares (CZR, WKN A2P92E) can be traded on German stock exchanges. It reached its 52-week high of EUR 83.66 on January 3, 2022. On September 29, 2022, it reached its 52-week low of EUR 32.08, which gives some indication of its volatility. The price has recovered slightly, but the share is still a long way from its 52-week high. The company recently made losses.

888 Holdings - a company based in Gibraltar

Investors who do not wish to invest in casino shares from the USA can purchase the shares of 888 Holdings, which is based in Gibraltar and operates an online casino. Founded in 1997, the company now has more than 25 million customers and is active in numerous countries. The shares are listed on the London Stock Exchange.

The 888 Holdings share (EIHDF, WKN A0F640) is tradable on German stock exchanges and can also be traded with small amounts. It reached its 52-week high of EUR 3.92 on November 29, 2021. The strong volatility is also evident here, as the share reached its 52-week low of EUR 0.92 on October 17, 2022. The price is slowly rising again.

Wynn Resorts - gambling and real estate

Wynn Resorts is another US company involved in gaming and real estate. It is based in Paradise in the US state of Nevada and was founded in 2002. The company is listed on the NASDAQ and the S&P 500 with the 500 strongest listed US companies. Its core business includes hotels with associated casinos, including the Wynn Las Vegas.

The company suffered a loss in 2021. A loss is also expected for 2022. The share (WYNN, WKN 663244) can be purchased via a German stock exchange. The share reached its 52-week high of EUR 84.00 on February 15, 2022. It reached its 52-week low of EUR 48.77 on June 23, 2022. The share price has currently risen again.

Bet-at-home.com - investing in a German gambling company

bet-at-home.com is a German gambling company listed on the stock exchange. The casino company was founded in Austria in 1999, but is now based in Düsseldorf. The gambling company has been listed on the stock exchange since 2004. It offers an online casino, a live casino and sports betting. The shares can be traded on various German stock exchanges. The gaming provider recently suffered losses.

The share (WKN A0DNAY) reached its 52-week high of EUR 17.34 on March 21, 2022. It has since fallen sharply and reached its 52-week low of just 4.03 euros on September 28, 2022. A strong recovery is not in sight.

MGM Resorts - hotels and casinos in the USA

One of the largest operators of hotels and casinos is the US company MGM Resorts. It is based in the US state of Nevada, in Paradise, and was founded in 1986. MGM Resorts is the second largest casino operator in the world after Caesars Entertainment. The coronavirus pandemic meant losses for the company and forced it to lay off 18,000 employees.

The share (MGN, WKN 880883) is traded on German stock exchanges and is rather stable compared to other casino shares. The share reached its 52-week high of EUR 43.35 on February 10, 2022. It slipped to its 52-week low of EUR 25.60 on June 23, 2022 and has since recovered.

Various casinos are listed on stock exchanges. If you want to invest in casino shares, you need strong nerves and a lot of patience. The shares are subject to strong fluctuations. Investors are better off investing only small amounts and not putting all their eggs in one basket, but diversifying their securities portfolio as widely as possible.