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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Stanley Leisure - Big bang in gaming industry

May 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Stanley Leisure is arguably the most successful betting and gaming group in the UK. Anyone who backed it since its float back in 1986 would have seen it grow from a chain of 117 betting shops and 4 casinossporting a market value of just £12m, to one with over 600 betting shops and 41 casinos and a market value north of £600m. This is largelythanks to several astute acquisitions.   But Stanley lookspoised for another surge in growth, with the gambling industry about to experience the equivalent of Big Bang.  This follows the recent announcement of the Government's recommendations concerning thederegulation of this industry, which is still under the thumb of restrictive laws dating back as far as 1710.  Acc ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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