iGaming Industry
William Hill now a smart income stock
William Hill for the last few years has had its advantages and disadvantages as a company to own. As ever, it still has its pluses and minuses. At this point though, it is healthy enough and its share price low enough that downside is limited, upside is possible though I wouldn’t count on it, but its dividend is very good at 5.2%. This makes it a very good income play, with the addition of possible capital gains to boot.
If you want to own William Hill then, it should be principally as an income stock, with any capital gains being reinvested long term. That way if it trends nowhere you’ll up your income, and if it trends lower you’ll up it even more. If it trends higher you can always sell. Bottom line, if you’re 10 to 20 years from retirement, this is a prime gaming stock to own and should reward you regardless of the direction it goes in over the next decade or so, provided you don’t trade in an out and don’t expect any capital gains. They may come, but buying the stock for that is beside the point.
Why only an income play? First of all the stock is prone to extreme swings for a large cap, established company. From 2003 to 2005 shares tripled. Then from 2007 to 2009 they lost 70%. That loss was not just a result of the 2008 fiscal crisis. If it were, shares would have recovered by now and posted new highs. They haven’t. On a long term basis, we are almost exactly where we were 15 years ago in terms of share price. An expert trader able to perfectly time the tops and bottoms would be rich now. The other 95% of us who think we can pick tops and bottom perfectly, would have probably lost money on William Hill long term or at best broken even. The other 5% who are good, disciplined investors, would have bought William Hill, held it, reinvested dividends and been way up by now.
Price movements for William Hill, always a good company but never a spectacular one, teaches us one of the more important lessons in investing. The business is 10% making a fundamental decision before you buy and become emotionally invested, and the other 90% is just controlling emotions that grate against that initial decision after you buy. The same holds now. It’s a good company. It will probably continue its ups and downs. So if you want it, buy it, hold it, reinvest the income and cash out when you retire.…
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Source: EEGaming.
BetConstruct, a global leader in the iGaming industry, is going to showcase its cutting-edge solutions at the highly anticipated Global Gaming Expo (G2E), taking place from October 7-10.
As the premier event for the global gaming industry, G2E serves as a hub for innovation, driving growth by bringing together industry professionals from around the world to foster business opportunities.
Taking place at The Venetian Expo in Las Vegas, this all-in-one event features both an education program from October 7-10 and an expansive expo hall running from October 8-10.
BetConstruct’s stand is 5230, where the team will showcase an exciting range of products, including the newly launched the Last Battle, a novel loyalty system that is the byproduct of BetConstruct’s commitment to innovation. The company will also demonstrate its comprehensive Sportsbook and Casino Suite, along with DECA, its next-level decentralised casino platform, and Umbrella, an AI-powered risk management solution. These offerings are designed to meet the needs of a diverse range of operators, ensuring seamless and engaging experiences for players across the regulated market.
Amusnet has announced its participation in the 23rd edition of G2E Las Vegas (Global Gaming Expo) at The Venetian Expo from October 7-10. As one of the largest expos globally, G2E provides a platform for the company to showcase products across its Online Casino, Live Casino, and Land-based verticals, positioning Amusnet as a prominent all-casino provider in the competitive iGaming industry.
“We are excited to attend G2E Las Vegas 2024 to present our latest online casino portfolio and Type S slot cabinets: our first-ever product series for Land-based casinos, designed to offer a competitive edge by combining Amusnet’s top-notch game portfolio with an immersive player experience. Our focus is on delivering solutions that maximize performance and cater to the evolving needs for both online and land-based casinos,” said Borislav Marinov, Head of Business Development, Land-based, at Amusnet.
Alongside its technical excellence, the premium Type S series showcases the company’s award-winning titles, including 20 Golden Coins, Extra Crown, Fruits & Gold, and Cocktail Rush. It also features Amusnet’s popular four-level bonus game, Jackpot Cards, along with other exciting features like Free Spins, Buy Bonus, Pick Me Bonus, and Symbol Upgrade.
Amusnet will host an activation featuring its premium slot cabinets at the upcoming expo, offering attendees the opportunity to experience the thrill of Type S in real time and win exciting gifts.
SoftGamings, the market leader in iGaming solutions and services, announced the arrival of the Tobique Gaming License on the market. The move reflects the company’s commitment to enhancing regulatory compliance and expanding its footprint in the competitive iGaming industry.
Tobique Gaming, managed by the Tobique First Nation in western New Brunswick, Canada, oversees the issuance of online gambling licenses through the Tobique Gaming Commission (TGC) — a regulatory body established under the Tobique Gaming Act of 2023. This initiative is known for its stringent standards and emphasis on responsible gaming. Furthermore, it promotes economic development within the Tobique First Nation community.
The Tobique Gaming license provides operators an entry point into the online gaming and gambling industries. With it, businesses and iGaming operators can conduct operations in various global regions and offer multiple services, from betting to casino games and lottery promotions. The best of all is the streamlined application process, which lasts only 4 to 6 weeks.
SoftGamings is fully prepared to support clients and those interested in obtaining this license. Leveraging its innovative technology and diverse game portfolio, SoftGamings is ready to support clients in navigating the application process and leveraging the benefits of the Tobique Gaming License. The company’s comprehensive services include game development, casino management systems, and payment integrations, making SoftGamings a preferred partner for numerous operators and developers worldwide.
Consequently, helping the clients obtain the Tobique Gaming license and being an entry point represents a significant milestone in SoftGamings’ ongoing efforts to refine its service offerings, maintain the highest standards of gaming integrity, and bolster its regulatory standing. As the company moves forward with this licensing process, it anticipates a positive impact on its operations and continued success in delivering exceptional gaming solutions to its global clientele.
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