Online Gambling A Missed Opportunity
By Casinomeister, Last updated Mar 13, 2015
Toronto brokerage admits it lost out in not getting involved with online gambling groups
With Canadian interest in online gambling high in the wake of the massive Amaya Gaming agreement to acquire the Rational Group last year, one stock broker missed the boat and admitted as much this week.
In a conference call Friday following stock broker GMP Capital's fourth quarter results, CEO Harris Fricker was asked why his company was not involved in a sector which has seen a number of major deals, presenting opportunities for stock brokers with millions of dollars' worth of investment banking and advisory revenue.
GMP rivals like Canaccord Genuity have profited handsomely from the burgeoning sector in recent years, the questioner pointed out.
"We simply missed it," Fricker candidly if ruefully admitted.
Online Casino News Courtesy of Infopowa
The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophotography.
bryan@casinomeister.com
Top 5 casinos
