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Poker and Gaming Investing

Investors are looking for gaming stocks to add to their stock portfolios, and Poker News Web will be in the forefront educating with daily gaming news, articles by iGaming savvy traders, tips & strategies, and eventually a forum where you can discuss your favorite stock or portfolio.

The Internet is altering the method by which gambling occurs, and this transformation is probably having the greatest effect in relation to the retailers of Lottery tickets and the presence of Online Poker Rooms which are replacing the traditional Landbased cardrooms. Online games do not need the traditional retailers, and retailing does not offer anything that Internet cannot provide, except that the consumer can physically see and feel the product. The customer’s experience only differs by his surroundings as the play of the games are an exact replica of the Cardrooms and Lottery retail outlets.

The Online gambling industry is believed to be one of the fastest growing industries on the Internet. Global revenues from online gambling will no doubt reach USD$14.52 billion in 2006, up from USD$3.81 billion this year alone. This is according to a report from the Informa Media Group, which says that the US will generate 24 percent of all online gambling revenues in 2006, whereas Europe will generate 53 percent. North American online gambling revenues are expected to reach USD$1.99 billion this year and USD$3.85 billion in 2006. In Europe, revenues will grow from USD$1.29 billion this year to USD$7.64 billion in 2006. Online gambling revenues will be smaller in Asia-Pacific (USD$379 million this year and USD$2.13 billion in 2006) and in the rest of the world (USD$143 million this year to USD$886 million in 2006).

Note: PokerNewsWeb.com does not give any recommendations of stocks to invest in, and encourages investors to complete their own due diligence. All information on the pages of PokerNewsWeb.com pertaining to any stocks cited is taken from the individual company pages, or other public sources.