Online Casino UK Stocks on the Rise
Deutsche Bank believes that this is going to remain attractive to investors sector over the next 12 months, the article says. – The bank raised PartyGaming and Playtech stocks to keep on buying and raised the target price of PartyGaming from 270 to 310 points, while Playtech – from 420 to 443 points.
This means that these brands are developing more active and show better financial performance – a good sign that they can still attract users, and that online players will still be demand for online gambling, at least the next year.
This trend is likely to continue for the online casino UK sector. The situation is also promising in the poker and sportsbetting niches where companies show steady growth.
Less optimistic – although without reasons for serious concern – is the message in the British magazine Independent suggesting that the boom in online poker in the UK may die down. However, this is just a guess, based on the idea that the extraordinary growth rates that were inherent in the Internet poker in the last few years will stop due to the recent developments in the US. According to the latest data the growth was 72%. However, the business world often play by different rules.
