Online Gambling Is Listed In Stock Markets Now
Online gambling is not just a series of games, but a business. It has been listed in London Stock Exchange. The reason behind this trend is world wide acceptance of this game and the increasing number of gamblers busy online in trying their luck.
Betfair, a well known online gambling site owns assets of £1.5 billion in the year of 2010. The founders with £375 million are thinking about trading some of the shares at stock exchange after the stock sees new heights.
One more merger that will prove to be the biggest online move in the gambling industry would be PartyGaming PLC and Bwin Interactive Entertainment. It would be the largest gambling place for the global gamblers. The approval of the merger is already given by the shareholders of both companies. It is also said that the resulting company would be listed in London Stock Exchange. Gibraltar is the base camp of Party Gaming and Austria is the base camp of Bwin Poker. The new company would have Gibraltar as the base station and Vienna Stock Exchange is chosen as the place to be listed for the company.
After this giant merger, more mergers are expected to happen as the gambling laws are being relaxed globally.
One more trend that is expected to change the direction of online gambling industry is the revolutionary mobile devices. Smart phones have become the basic preference of mobile users; therefore, gambling websites would have to be more mobile friendly so that players can access them wherever they are.