Jim Makos | Nov 13, 2012 06:34AM ET
Ladbrokes, 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.
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