Saturday, July 03, 2004

Want to beat the odds? Take a stake in a bookie or casino

GAMBLING is often said to be the fastest way of parting a fool from his money. But according to fund managers, there is a way to profit from gambling: buy shares in the companies that run the casinos and betting shops.

My favourite stocks to keep an eye on include Hilton, Rank, William Hill and London Clubs (LCI) - although - the first 2 include the hotel and leisure industry that tend to fluctuate hugely

Then again, you could always play both games and dabble on the financial spreads. Not for the fainthearted though!


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