How Technology has Led Gambling Companies to the Stock Exchange

Techhnology, as we all too aware, has had a far reaching effect

When it comes to the stock market, individuals are looking to be as savvy as humanly possible. Some aim for educated risks, others look to speculative options in an attempt to score big, while a huge percentage of people, wary of the unpredictable nature of the financial markets, make sure to shield their portfolio with conservative investments. Ultimately, there is no right or wrong approach when it comes to choosing how to invest your money, and it is something that is best left to the individual, provided they understand the risks.

Exponential Growth

Technology, as we all too aware, has had a far reaching effect, and the stock market is no exception. It is often said that the world is changing at a faster pace than ever before. Many jump to dismiss this as one of the throwaway comments that every generation is prone to, but due to technology, it is now a reality.

The exponential growth of technology has changed everything, and the stock markets are a prime example. It has changed how we think about money, how we spend money, how we manage money and how we invest money. Today, technology is embedded into everything and has secured itself as part of the fabric of Western society. Its impact is not only obvious in terms of how we invest, but what we invest in.

The World of Online Gambling

One of the industries which has benefited most from our venture into the digital age is online gambling. It has had such an impact on traditional betting shops that many brick and mortar establishments have struggled to keep up with apps and websites that offer their customers better options from the comfort of their own homes or on the go via smart devices and/or tablets.

The speed of technological advancement has directly increased the number of people deciding to turn to online gambling and/or enter an online casino. Gambling companies have taken advantage of social media, virtual currencies and faster internet speeds like no other industry, resulting in a major increase of gambling users all over the world.

The growth of the online gambling market has meant that many investors are now looking to gambling companies on the stock exchange in order to turn a profit. So, let’s take a look at some of the gambling companies worth keeping an eye on!

Ladbrokes Coral

Let’s start with one of the kingpins. Ladbrokes Coral is a household name and one of the most popular betting and gambling companies in the world. Based in England, it was first floated on the London Stock Exchange in 1967, and has secured its reputation amongst experts as one of the most sensible investments to make when it comes to gambling companies.

Aspire Global PLC

Founded in 2005, Aspire Global is a public ally listed company on the Nasdaq First Premier Growth Market in Stockholm, providing online casino platform and solutions. In addition, it offers a range of services including sportsbook management, multilingual CRM and professional customer support call centres. It is fully regulated casino, sportbetting and bingo provider under licences issued in the United Kingdom, Ireland, Portugal, Denmark and, Sweden & Malta (MGA).   

LeoVegas AB

LeoVegas, a subsidiary of LeoVegas AB, was formed in Sweden in 2011 by co-founders Gustaf Hagman and Robin Ramm-Ericson. The hugely popular mobile gaming company, and provider of sports betting services and an online casino went live in 2012 and currently trades on the Nasdaq Stock Exchange.

Playtech

Since forming in 1999, Playtech has established itself as a technology leader in both the gambling and financial trading industries. Head-quartered on the Isle of Man, it is one of the gambling industry’s leading technology companies and has taken full advantage of the digital age. Playtech is a constituent of the FTSE 250 Index and is listed on the London Stock Exchange

MGM Resorts International

MGM Resorts International is one of the most recognisable companies in the world, and while it is based the United States of America, it is also proving to be a major success in China. The global entertainment and hospitality company was founded in 1986, and based on its plans to expand worldwide, it is likely to remain as one of the most influential companies in existence today.

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