Trading and investing are the bread and butter of our team at AtoZ Markets, so when people read our Stake.com review, they naturally want to ask us whether they can invest in Stake casino stock.
Since you clicked on this article, chances are that you also want to know all about Stake gambling stock, and this article is for you.
Why Do People Invest in Gambling Stock?
Gambling, as an entertainment form, is one of the industries with the highest revenue in the world. As reported by Forbes, it has seen investments close to $2 billion per month for the last two years, and it is expected to keep growing. Projected revenues explain the investors' interest in that industry, those being over $200 billion for the following year.
Notably, online gambling has seen a fast rise in attention since more people each day prefer to gamble from home, and it has attracted famous personalities. It is not rare, for example, to see Instagram stories of Drake gambling on Stake.
Why Would You Want to Invest in Stake Casino Stock?
Stake.com is one of the fastest-growing crypto gambling sites, and it's also one of our favourites. They receive over 12 million monthly visits and have a strong community of users that play at Stake as their primary online gambling site.
It's important to mention that Stake is a brand owned and operated by Medium Rare N.V. His licence to operate as an online gambling platform was given by the Government of Curacao. It is registered as a company in Curaçao with the number 145353.
As one of the most popular online casinos, while Stake.com net worth or revenue is not publicly disclosed, it is estimated to be over $1 billion. And there's also where the main issue related to investing in Stake gambling stock lies. Since it is not a publicly traded company, there is no way to purchase Stake.com shares on a stock exchange, which is why it does not require publishing its financial information.
What Can I Do to Invest in Stake Gambling Stock?
While you cannot directly buy Stake.com stock unless you directly negotiate with Stake's current holders, online casinos will become even more popular with time, so it should be so farfetched that an ETF for online gambling stocks, including Stake.com, gets created.
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In the meantime, you can try Stake.com's best games while waiting; some of them have a "fun mode" that you could use to play without real money if you prefer to try the platform before funding your account.
In addition, when you decide to join, you will find that many promotions are being run by Stake for both their casino games and sports betting. Also, be sure to join their community to gain a more profound knowledge of why Stake is so valuable as a brand.
Stake.com is one of the better-known crypto gambling sites online, but it is not a publicly traded company. While you will not be able to buy Stake casino stock unless you contact and negotiate with the current shareholders, there may be alternatives to invest in Stake.com in the future, such as through an ETF.