Gambling is commonly treated as a mean of losing money, not earning more cash. However, appropriate knowledge in the right hands can flip the table.
Pokies: History, Industry Size and Complete Guide In One Piece
You can’t outsmart a roulette. Or can you? Many treat gambling as an inefficient waste of both time and material resources. It’s not based on skill; you can beat a calculative machine.
Poker is a fine example that juices blood into this question as the game is based purely on your craftsmanship, not some mystical positioning of the start or whatever. Pokies are not that different, and, while the industry is huge, one can certainly beat it. No, not by gambling but with smart investments.
Be warned though, this is not a post about beating the system. This one is about being a vivid part of it with a personal prospering business. If you want Pokies life hacks, there is an online pokies guide by CasinoMonster you can check out for these matters.
Let’s look at the stats
There are 24.397.513 people in Australia. And there are 200.000 pokies machines all across the six states. More than 70% of Australians participate in gambling one way or the other. That is a great mean to earn revenues.
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Racing sports alone contribute with $100 million in taxes to overall welfare of the population and have created 1000+ employment positions.
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AWC provides gambling services online to more than 2 million of Australians every single day.
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Pokies bring 52.2% of the entire industry revenue.
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Offshore providers earn about 900 million a year from the Australian gambling industry. And, while the sum seems impressive, it is only 14%. However, the full scale of the big picture remains unknown as most offshore holdings are semi-legal. It is not a good idea to get involved into business with them.
Ok, this looks promising, but how can you invest?
The easiest way is through investments in stocks. They are on the rise ever since the crisis of 2009 and yet some businesses are doing better than others. These are the safest ones to buy stocks from, but the profit won’t be as mind-blowing:
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MGM are currently up by 720%
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Wynn Resorts Ltd is up by 970%
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SJM Holding – 1.100% up
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Las Vegas Sand Group – 3.600%
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And the last but not least, Galaxy Entertainment – 5.200% up
These entities are showing great dynamics and aren’t promising anything but solid growth in the nearest future. You are safe with buying their stocks. The more – the better.
You can try buying out minor stocks from smaller companies but that will transform your life into constant gambling. Ironic, is not it?
