"Internet Gambling Stocks Continue Their Amazing Growth"

No one can deny the astounding growth in popularity of online gambling, still some are saying that this accelerated growth of the online gambling industry is destined to peter out, and soon. They believe that such record growth cannot be sustained indefinitely. Still others point to amazing developments in technology and argue that this new technology will make online gambling even more accessible and, therefore, even more popular. They indicate such technologies as the 3G cell phones, along with faster, and cheaper broadband Internet connections, and interactive television technology which allows your television to act as a computer. These advances, it is argued, are making gambling over the Internet even more simple, and more accessible, as well as being faster. It is their belief that this will result in even more of society playing at online casinos.

Global Wagering and Gaming Consultants (GWGC), a concern of online gambling industry experts, are advancing this second observation. The firm’s leading partner, Harwick Bartlett, states that online betting has become so simple and it is now so easy to play from your home that future growth of the industry is assured.

As additional proof of GWGC’s position, online gambling companies such as Sportings and Bet and BetandPray, have seen their share values growing by leaps and bounds during the past year. The incredible popularity of online poker, is without doubt, a driving force with regard to the growing success of these two companies. This may be seen by the fact that both companies experienced a marked increase in the value of their company’s stock after either acquiring an online poker site or joining in partnership with a poker site operation. The resulting figures support this. SportingsBet reports a 358 percent increase in the stock prices of online poker sites within the last 12 months. There is a reported 256 percent growth in share values since January 2005, alone. In support of this trend, SportingsBet acquired the online poker site, Pacific Poker, during the last quarter of 2004. Also, BetandPray jumped to 18 th place in May, after being listed as being in 41 st place in January’s GWGC’s Global Gambling 50 index of the leading Internet gambling companies. BetandPray is in partnership with the Poker Us network.