Investing in 5 Gambling stocks of London Stock Exchange

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gambling-stock-dice-newspaperLadbrokes, William Hill, Betfair, 888 and Bwin/PartyPoker are 5 of the most popular online gambling sites. Their stocks are trading in the London Stock Exchange (LSE) and you’d better be well informed before investing in these gambling stocks. During the past months European Union is trying to regulate online gambling business by imposing taxes and offering operating licenses in various countries. However, regulating the gambling market sometimes leads to unfortunate events, like Betfair not willing to offer their exchange model to German punters and several bookmakers not interested in acquiring a gambling license in Greece.

12-month gains for William Hill and Ladbrokes stocks

Both William Hill and Ladbrokes stocks are gaining during the past 12 months, although they both lost 50% of their stock value in 2008. The market capitalization of the two gambling companies is 2.31B and 1.73B pounds respectively.

william-hill-ladbrokes-stock-charts

Betfair and Bwin.Party stocks consolidating

Over the previous months, Betfair share price has tried to test resistance levels after bouncing off the all-time high at £571. Betfair Group (market cap: £757m) stock has been inactive for 6 months now, possibly getting ready for a sudden move. Question is which way! Bwin (market cap: £966m) share price in the meantime is testing the 5-year low of £100 lately. Bwin was valued at £4.64B when the company went public on the London Stock Exchange in June 2005.

betfair-bwin-party-stock-charts

888.com stock testing resistance

The uptrend of 888 share price seems to meet resistance at £115. Sellers have previously not allowed 888 stock to climb any higher than that and I guess they won’t now either. Unless of course buyers are still interested in investing in the 888 stock, while shares more than tripled their value since July 2011. The market capitalization of 888 Holdings PLC is £378m.

888-stock-charts

Disclaimer: I have no positions in any stocks mentioned and no plans to initiate any positions within the next 72 hours.

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Jim began with card counting at blackjack tables, then moved to sports trading at betting exchanges, played online poker and ended up investing in US stock markets and forex. Nowadays he mostly writes than gamble or invest. Connect with Jim: StockTwits | TradingView