"How to Really Make it Big With The Gaming Industry - Invest in Gambling Stocks"

If you are interested in investing in stocks you would do well to consider investing in gambling shares. These are some of the hottest stocks available worldwide. This cannot me more true than in Canada where gambling stocks are really selling well. As an example, if you had invested $10,000 in Canadian brick and mortar land-based gambling stocks you would have earned calls to $23,000. This is a return of 127%. Had you invested the same $10,000 in e-gaming stocks in January of 2004, you would have earned $35,529. This represents a return of 255%.

Recent reports on the gaming industry suggest that it can only get better. Wellington West stock analyst Robert Winslow, agrees and adds his recommendations for the following three gambling stocks which are trading on the TSX. They are Great Canadian Gaming Corp (GCD/TSX), which he gives a target price of $60, Chartwell Technlogy Inc. whose target price is $12 (CWH/TSX), and lastly, FUN Technologies PLC (FUN/TSX) – target price $6.

One reason for these glowing projections for Great Canadian Gaming Corporation, a company that maintains casinos in British Columbia, is that they have recently purchased Georgian Downs, an Ontario casino, as well as their intent to develop their racetrack dealings beyond British Columbia.

Winslow recommends the Internet gaming software company, Chartwell, in that it stands to profit agreeably from England’s current passage of the Gambling Bill. This will advance safety standards and the security of Internet gambling sites. In turn this will add legitimacy to the Internet gambling industry as well as those companies that are involved in the industry, such as companies developing Internet software.

The third company, FUN Technologies PLC is recommended by Winslow because, in spite of its poor 4 th quarter report, FUN Technologies is able to improve its fundamentals through a well-planned program of acquisition activity.

Winslow increased his 2005 and 2006 estimates from $1.88 and $2.62 to $1.93 and $2.70 for Great Canadian Gaming Corporation. Winslow places Chartwell Technology Inc. as a strong buy and has already increased his target price for Chartwell from $10.50 to $12.00. Winslow believes Fun Technologies could go as high as $8.00 coupled with the right acquisition activity. This represents a 50% increase over its current price.