iGaming Stocks

Gambling is one industry that does seem to defy normal market trends and recessions.. The most probable reason why is that in good times, punters and poker players do it for the thrill. On the other hand, during hard times they hope to supplement their income with winnings. Major players in gambling today are the Hilton Group (LSE: HG.L), which owns Ladbrokes; and wagering firm William Hill (LSE: WMH.L). Lately, several online gaming companies have moved into the forefront, and with very favorable acceptance from the investment community. Two companies, Sportingbet (LSE: SBT), who recently purchased Paradise Poker, and Cryptologic (CRY:TSX), are creating record profits for their shareholders.

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