Posted by & filed under Company Analysis, Growth & Valuation, Industry Analysis.

Description:  Louis Castle has been preparing for this moment for months. Even before the Justice Department effectively gave the green light for states to legalize online gambling, the Shuffle Master Inc chief strategy officer had assembled a design team for a multiplayer gaming platform, kicked off a hiring plan, and made preparations to launch the company’s maiden interactive division this year.

Source: Reuters.com

Date: 01/06/2012

Link:  http://www.reuters.com/article/2012/01/06/us-usa-gambling-idUSTRE8051K320120106

Questions for discussion:

  • How do you think this industry and these firms will perform over the next few years?
  • Explain your thinking.

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