Gambling has been around as long as mankind itself. Over the centuries and millennia, they have undergone many changes, repeatedly changing the attitude of people to gambling entertainment. In some eras, such hobbies were not seen as shameful and were popular among all segments of society, while in others they were declared shameful occupation and prohibited by the church and the state. In our time, the gambling industry came out of the shadows and became a multibillion-dollar business. However, this has not made the society’s attitude to gambling unequivocally positive.
Gambling as a profitable occupation
The governments of most countries have developed clear rules of state regulation of gambling business. Somewhere there is a total ban on gambling, but more often the authorities just strictly control such activities. Such approach is connected with widespread stereotypes, that gambling is addictive and ruinous for people, that criminal incomes are being laundered in this business and gambling establishments deceive their clients. With a new force about it began after the appearance of online casinos, when gambling became available to any Internet user.
To dispel the aura of evil corporation, which some public figures and organizations are trying to give casinos, are able to dry facts. An impartial look at the situation allows you to see that gambling is in demand by people, it is part of responsible business and an important segment of the world economy.
Large corporations invest a lot of money in the gambling industry, providing thousands of people with jobs and paying millions of dollars to the state as taxes. The largest player in this market, Las Vegas Sands owns numerous casinos in the United States, Singapore and China, and the corporation’s profit in the first six months of 2018 alone was $3.58 billion. Macau gambling zone revenues account for more than 70% of the regional budget.
Main areas of investment
Investment in the gambling industry is not limited to the construction of luxury gambling and entertainment complexes. Investments can be associated with the creation of gaming devices and software for them. Now quite a few companies are interested in producing modern slot machines for land-based establishments, which are in great demand among gamblers. Also, software developers can be engaged in creation of virtual slots for online casinos.
The main areas of investment in casinos
In gambling industry spinning a lot of money, but to determine the nature of investments to Russian investors is rather difficult. Domestic companies are just mastering this market and predict which segment will grow at the highest rate, it is difficult.
Available ways to invest in casinos
The most obvious ways to invest in the gambling industry:
- Launching a startup of your own online casino or creating a successful business model commissioned by a major player in the market;
- Buying a stake in an existing company engaged in the development of virtual gambling entertainment;
- acquiring shares in land-based casinos, betting shops or other companies operating in the gambling market;
- Creating one’s own company to develop or distribute software for online casinos or land-based gambling establishments.
Investing in casinos: major myths
Many investors don’t seriously consider gambling investments because of the myths that exist around the gambling industry:
Investing in Top Ten Casino Websites or betting shops is bound to be large. This is not true, because most of the young projects in this segment are willing to attract very small sums. Another thing is that the income from minimal investments will be quite modest.
The financing of gambling business is associated with great risk. Gambling business is regulated by the state much more thoroughly than most other segments of economy. Therefore, there are no special preconditions for risk when investing in gambling business, and the probability of losing money is present in absolutely any sphere.
Investing in casinos or bookmaker’s offices requires special knowledge. Business savvy and money management skills cannot be taught at any university. A successful investor delves into any topic on their own and creates a business plan. Also, you can always turn to qualified professionals who can help you understand the intricacies of the gambling and sports betting industry.