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UK online gambling companies double their shares
According to recently conducted studies, by the Gaming Board for Great Britain, responsible for the UK casinos, about 4 percent of British adults who access the internet on the daily basis, have indulged in gambling in the past two years. Casinos profit from the winning customer by stripping a rake or a percentage of the sum. Poker, in this sense is even worthier, allowing companies to slice a percentage from every transaction made. Currently, the entire poker market is estimated in $1.5 billion as featured by the Sportingbet that has acquired the Paradise Poker in the past October.

According to some analysts, the companies that operate casinos benefit from the increased demand and the average rake. The analyst Andrew Lee said that this year, the surge in shares of the UK companies that own gambling sites has occurred due to prospective mergers, acquisitions and potential profits from online poker.

The advertisements infused in the websites have generated another profitable niche for online gambling companies, since with every click on it the advertiser pays a fee to the website. The records have shown that this year shares of Gaming Corporation, the owner of the Playcasino.co.uk have been more than doubled.




Source: gamblingsmart news writer

Wednesday, 9 February 2005

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