|By PR Newswire||
|January 14, 2014 04:17 AM EST||
LONDON, January 14, 2014 /PRNewswire/ --
This time last year STC was predicted to be the rising star of 2013 and the hot place to invest.
So how did it go?
Traditionally investing in Sports Trading is not for the faint-hearted - so much so that a lack of analyst depth and knowledge of the sector means that many professional fund managers try to avoid the sector altogether.
But the collapse of the gold price and the ongoing implosion of the mining sector during the past year have prompted a steady flow of funds into the sector for the first time.
And some of the results can't be ignored. The Sports Trading Club, (http://www.sportstradingclub.com) which was predicted by many this time last year to be the rising star of 2013, put in the top performance in any industry, with an 18-fold rise in return, meaning a $50,000 investment on the 1st January 2013 was worth over $900,000 one year later. A rise of over 1,900 per cent.
There have been plenty of investment winners in 2013, and small has again proved to be beautiful. The junior AIM market provided the biggest movers and shakers.
David Breith, an award-winning techno entrepreneur, became chief executive of Coms, the internet service provider, in January and splashed out £247,000 on 81.4million shares at an average 0.43p a pop. He has transformed the company, with stock taking the gold medal with a rise of 970 per cent.
Bolt-on acquisitions have been made and the board recently revealed a promising order book and profits in line with management expectations. David Lenigas's Rare Earth Minerals was not far behind with a leap of 883 per cent.
But nothing compares to the success of the Sports Trading Club and the growth of on-line gambling.
The Sports Trading Club, which operates as a private investors group in England, allowed the general public to become members in Australia in 2013 and is now expanding throughout Asia.
Its success in 2013 has sent a clear message to investors that trading on sports and prediction markets is an emerging industry to rival traditional financial markets.
"Our move to Australia has proven to be astute. A person who invested $50,000 on January 1 of this year has seen that grow to $905,000," said STC UK Communications Manager Patrick McMahon.
"We don't gamble, we trade," Mr McMahon said. "At the Sports Trading Club we make money out of other people's mistakes. When one side gambles, and the other trades, it is like owning the casino; you make money even whilst you sleep."
"This is an exciting emerging market and growing at an unprecedented rate, making it the fastest growing sector of e-commerce in the world today," he said.
Bank of America and Merrill Lynch predict that by 2015 the on-line sports market will be worth over $512 billion a year.
STC recently expanded into South Africa and is now looking toward expanding throughout Europe and Asia. It sees the emerging USA market as a potential gold mine.
In the USA, Nevada, New Jersey and Delaware are the only states that have so far legalized Internet gambling, but it is spreading throughout the USA and internationally. States began legalizing online betting after the U.S. Justice Department reversed its ban on Internet gambling in December 2011. California, Illinois, Iowa, Massachusetts and Texas were among the states have also considered proposals related to online gambling.
Worldwide, online betting generates almost $30 billion of revenue a year, with Americans spending $4 billion, according to estimates from the American Gaming Association.
In New Jersey, Republican Gov. Chris Christie is hoping his state can collect $1.2 billion a year from legal online betting.
SOURCE Sports Trading Club Ltd
SYS-CON Events announced today that FierceDevOps will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. FierceDevOps keeps software developers and IT operations personnel updated on the latest news and trends around the rapidly evolving role of the traditional IT worker.
Mar. 30, 2015 02:45 AM EDT Reads: 1,451
GENBAND has announced that SageNet is leveraging the Nuvia platform to deliver Unified Communications as a Service (UCaaS) to its large base of retail and enterprise customers. Nuvia’s cloud-based solution provides SageNet’s customers with a full suite of business communications and collaboration tools. Two large national SageNet retail customers have recently signed up to deploy the Nuvia platform and the company will continue to sell the service to new and existing customers. Nuvia’s capabili...
Mar. 30, 2015 01:00 AM EDT Reads: 1,475
WHOA.com has announced the newest addition to its data center footprint with the expansion into Equinix's newest state-of-the-art facility: DC-11 Washington, DC IBX+. Located in Ashburn, VA, this data center expands Whoa.com's presence to meet rapidly expanding customer demand for secure cloud solutions. Equinix, Inc. operates International Business Exchange™ (IBX®) data centers in 32 markets across 15 countries in the Americas, EMEA, and Asia-Pacific. Equinix is committed to operating faciliti...
Mar. 30, 2015 12:00 AM EDT Reads: 1,150
SYS-CON Events announced today that the DevOps Institute has been named “Association Sponsor” of SYS-CON's DevOps Summit, which will take place on June 9–11, 2015, at the Javits Center in New York City, NY. The DevOps Institute provides enterprise level training and certification. Working with thought leaders from the DevOps community, the IT Service Management field and the IT training market, the DevOps Institute is setting the standard in quality for DevOps education and training.
Mar. 29, 2015 10:30 PM EDT Reads: 1,147
SYS-CON Media announced today that @WebRTCSummit Blog, the largest WebRTC resource in the world, has been launched. @WebRTCSummit Blog offers top articles, news stories, and blog posts from the world's well-known experts and guarantees better exposure for its authors than any other publication. @WebRTCSummit Blog can be bookmarked ▸ Here @WebRTCSummit conference site can be bookmarked ▸ Here
Mar. 29, 2015 10:00 PM EDT Reads: 1,815
SYS-CON Events announced today that Cisco, the worldwide leader in IT that transforms how people connect, communicate and collaborate, has been named “Gold Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. Cisco makes amazing things happen by connecting the unconnected. Cisco has shaped the future of the Internet by becoming the worldwide leader in transforming how people connect, communicate and collaborat...
Mar. 29, 2015 07:00 PM EDT Reads: 5,237
WSM International is launching a DevOps services division that offers assessment, consulting and implementation to large enterprises and organizations with complex infrastructures. This is the first independent services company to create a dedicated practice to help organizations looking to transition to the DevOps model. The concept of DevOps is to blend information technology (IT) software development with operations to optimize the computing infrastructure according to the specific needs of ...
Mar. 29, 2015 07:00 PM EDT Reads: 1,541
SYS-CON Events announced today that robomq.io will exhibit at SYS-CON's @ThingsExpo, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. robomq.io is an interoperable and composable platform that connects any device to any application. It helps systems integrators and the solution providers build new and innovative products and service for industries requiring monitoring or intelligence from devices and sensors.
Mar. 29, 2015 06:00 PM EDT Reads: 1,486
The WebRTC Summit 2014 New York, to be held June 9-11, 2015, at the Javits Center in New York, NY, announces that its Call for Papers is open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 16th International Cloud Expo, @ThingsExpo, Big Data Expo, and DevOps Summit.
Mar. 29, 2015 06:00 PM EDT Reads: 1,606
Temasys has announced senior management additions to its team. Joining are David Holloway as Vice President of Commercial and Nadine Yap as Vice President of Product. Over the past 12 months Temasys has doubled in size as it adds new customers and expands the development of its Skylink platform. Skylink leads the charge to move WebRTC, traditionally seen as a desktop, browser based technology, to become a ubiquitous web communications technology on web and mobile, as well as Internet of Things...
Mar. 29, 2015 06:00 PM EDT Reads: 1,856
Hosted PaaS providers have given independent developers and startups huge advantages in efficiency and reduced time-to-market over their more process-bound counterparts in enterprises. Software frameworks are now available that allow enterprise IT departments to provide these same advantages for developers in their own organization. In his workshop session at DevOps Summit, Troy Topnik, ActiveState’s Technical Product Manager, will show how on-prem or cloud-hosted Private PaaS can enable organ...
Mar. 29, 2015 05:45 PM EDT Reads: 1,269
DevOps tasked with driving success in the cloud need a solution to efficiently leverage multiple clouds while avoiding cloud lock-in. Flexiant today announces the commercial availability of Flexiant Concerto. With Flexiant Concerto, DevOps have cloud freedom to automate the build, deployment and operations of applications consistently across multiple clouds. Concerto is available through four disruptive pricing models aimed to deliver multi-cloud at a price point everyone can afford.
Mar. 29, 2015 05:00 PM EDT Reads: 966
Today, IT is not just a cost center. IT is an enabler and driver of business. With the emergence of the hybrid cloud paradigm, IT now has increasingly more capabilities to create new strategic opportunities for a business. Hybrid cloud allows an organization to utilize multi-tenant public clouds, dedicated private clouds, bare metal hosting, and the associated support and services for the right use cases through an on-demand, XaaS model. This model of IT creates tremendous opportunities for busi...
Mar. 29, 2015 05:00 PM EDT Reads: 3,180
Docker is an excellent platform for organizations interested in running microservices. It offers portability and consistency between development and production environments, quick provisioning times, and a simple way to isolate services. In his session at DevOps Summit at 16th Cloud Expo, Shannon Williams, co-founder of Rancher Labs, will walk through these and other benefits of using Docker to run microservices, and provide an overview of RancherOS, a minimalist distribution of Linux designed...
Mar. 29, 2015 04:15 PM EDT Reads: 2,439
Business as usual for IT is evolving into a “Make or Buy” decision on a service-by-service conversation with input from the LOBs. How does your organization move forward with cloud? In his general session at 16th Cloud Expo, Paul Maravei, Regional Sales Manager, Hybrid Cloud and Managed Services at Cisco, discusses how Cisco and its partners offer a market-leading portfolio and ecosystem of cloud infrastructure and application services that allow you to uniquely and securely combine cloud busi...
Mar. 29, 2015 04:15 PM EDT Reads: 1,427