Barclays Capital Covering Online Gambling

Published Thursday, October 08, 2009 -

Watching the stock market has always been a way to take note of where the money is going. There are many watching traders in the commodities industry that are keeping their investors happy with good results on listed online gambling companies throughout the world. With newly opened online wagering markets in countries such as Italy, Spain, and France, the stock listings of operators are being looked at closely. Barclays Capital is one such firm that is now covering Austrian based bookmaker Bwin, Britain's Sportingbet, as well as Partygaming and 888 holdings. On the announcement that these companies were now being covered by BarCap their share prises all rose a modest amount.

The broker feels that online gambling and betting regulation in European countries, will lead to strong revenue growth, in the sector. Bwin is strongly positioned in Europe to make real profit from it's strategic acquisitions. The recent purchase of Gioco Digitale in Italy, is expected to make a one hundred percent gain on just poker alone. In France and Spain, bwin is also ready to take advantage of new regulations. Bwin is positioned and ready as are the stock brokers who see the upcoming months as very positive for the industry. The European Union is coming to the understanding that the regulation of online gambling sends is a positive message to investors and thus stimulates the economy.

Founded in 1997 and listed since 2000. Bwin is one of the pioneers in online sports betting. The company reported it has over 1,000.000 customers worldwide. Providing Europe with a huge betting line-up of sports wagers, bwin handles up to 30,000 different bets daily. Users can choose from more than 90 sports at bwin. Football punting for more than 500 leagues in 100 countries worldwide. The entire line-up is available in 22 different languages and more.

Regulation gives the consumer a better game with more security plus the knowledge that the operators are paying a fair share to the base. Bwin is on the ball and so is Barclays Capital.

Related news

Return to Latest News