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The Best Investment is Online Gambling

By Joni Hawk, Jun 27th 2006
In Singapore, after the Singapore Business Times: "The following upcoming integrated resorts which are going to be two in total, might make bricks-and-mortar casinos the talk of the town, however, online gambling is the sector where the biggest growth will take place."

"The prediction is that online betting will grow up to be 50 to 70 per cent a year for the next five to ten years. And industry studies also supposed that by next year, Internet gambling incomes will have grown to US$12.6 billion."

"'I do not think that is difficult,' declared Tim Levene, chief executive of gambling investments fund Intellilogica. 'The proportion going online to risk is still a tiny proportion in terms of the online community.'"

"And Realtime Gaming, a software creator for online casinos, says it has seen a 20 per cent increase for the last six years, and gross profit margins of more than 36 per cent. Having more than 60 clients, the company has lots of experience in this field because it has handled more than US$20 billion worth of wagers over a five year period."

"The company’s vice-chairman, Daniel Schultz, said BT there is great potential for online gambling industry due to the fact that there is no need for land for hosting and face-to-face gambling could be limited and expensive"

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