Stock Market And Casino Industry – A Match Made In Heaven? – KHTS Radio

Can you gamble on the stock market? This is a question that has been bogging the betting crowd ever since the first appearance of the stock market. And every time, someone tried to allow this type of activity, the governments worldwide pretty much reacted in the same way blocking such operations and creating laws that hinder the speculative nature of such activities.

The last time someone tried to do it, it turned out to be a scam worth millions. Im talking about binary options. This type of pastime convinced customers it is something like betting on stocks market, but in my personal opinion, it was nothing but a scheme to deceive customers, explains Anna Rosak (more about her here). This gaming specialist from Poland has extensive knowledge of the casino industry, and doubts even the incredibly popular forex platforms will survive years to come.

The thing is pretty simple. If you want to buy and sell stocks, CFDs, and whatnot, it is a completely legit way to use your money. The same goes for gambling. Very few governments in the world will prevent you from playing slot machines or poker, as long as you are of legal age, claims Anna Rosak. However, there are plenty of online platforms that essentially allow you to buy and sell certain assets on a short-term basis, which is incredibly risky.

Our expert believes such websites are more often similar to gambling sites than legit stock markets. But, unlike licensed online casinos, they hardly emphasize the importance of responsible gaming or spending limits. Even more so, they try to convince customers they can master the skill of short-term trading in a very short time.

Ask any real broker what they think of such sites, and dont be surprised if they say that is not what trading is all about. Honestly, I think an average game of poker gives you higher chances of making money than this type of entertainment, says Rosak and adds, At least you know you are exposed to a certain risk and dont take yourself so seriously.

Anna Rosak may be quite a pessimist when it comes to the connection between gaming and stock markets, but that doesnt mean there is no room for the more fruitful development of events. The popularity of certain companies among the gaming community has led stock markets to include them in their portfolio.

We are talking about payment methods, of course. For instance, the number of Paysafecard casino brands is on the rise, and more and more gamers opt for this particular type of payment method. Simple, discreet, and cheap, it is something every casino customer dreams of. The high interest in this particular type of online voucher resulted in the company being listed on the New York Stock Exchange with great success. It is expected the price of a Paysafe stock (NYSE:PSFE) will only rise, as the company recently signed a deal with several US bookies. With the US gaming market constantly growing and opening, it is only a matter of time when this brand will reach the status of PayPal.

That is the exact same scenario that happened in the past. PayPal, one of the first online banking companies, has been a favorite payment method of gamers from all over the world. In fact, some might argue, this e-payment system would be a complete failure without online casinos who were looking for affordable and simple payment solutions. In time, PayPal got somewhat notorious in the community due to its collaborative approach to local governments who wanted to fight tax evasions. Still, it remains listed on stock exchanges as one of the most coveted brands ever.

Besides payment companies, another type of firm that regularly occurs on stock exchanges worldwide are gaming businesses. To put it simply, those are the companies that run online and land-based casinos or create casino games. They might not be a household name like PayPal or Coca-Cola, but for experienced brokers, they are nothing new. Ladbrokes, Caesars Entertainment Corporation. NetEnt, and Playtech, just to name a few, have been solid investing opportunities.

People who want to combine gambling and stocks trading should definitely consider buying some of these. Keep in mind this is legit stocks trading, and requires far more money than any simple forex site you might find online, reveals Rosak. And while she is not hesitant to recommend companies one might consider for investing, she still doesnt encourage the idea, as she believes stock markets ask for patience many gamers simply dont have: Dont get me wrong, there might be an opportunity there, but the question is whether an average gambler can wait for it to come true. In gambling, it is all about instant gratification, after all.

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Stock Market And Casino Industry - A Match Made In Heaven? - KHTS Radio