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L&G on the Rise?

Predicting investments and the stock market is just plain tough. Industry analysts can often make fairly accurate predictions about the longevity of established stocks, but many unpredictable outside influences can have an immediate effect on the price of stocks. And for those looking for safe investments, the unpredictably of the online casino industry is of particular importance. The online casinos industry has changed greatly in the last year alone, and many companies invested in the industry lost large portions of their investment when stocks on the London AIM plummeted in the aftermath of the U.S. online casino ban. But for one man, he has a lot of faith – and money for that matter – in the success of Leisure and Gaming (L&G).

Neil Craven is a Swiss investor who recently increased his already large stake in Leisure and Gaming which speaks to the fact that he must predict that the company will only continue to grow as the online casino industry expands. L&G is not extremely new to the internet gambling industry, in fact the betshop has operated for several years, and from the company’s early days Craven has maintained a stake.

In December of 2006 Craven owned a 3.1 percent stake in L&G, and from that point on, as the company grew to match the growing online casino industry, Craven has gradually increased his stake in L&G. Just months ago Craven had a 5.73 percent stake in L&G which he recently raised. He now has a 6.38 percent stake – which equates to 5.42 million shares.