An amazing number of people have asked us about sex-related stocks. Some want us to own Playboy because it's fun. But it's not a good stock.
I think that it's wise for media companies to be interested in electronic gaming. Gaming revenue should continue to grow at a faster rate than the overall market so I'd expect more consolidation online.
In the past month we've seen record-breaking earning announcements from a number of the top casino gaming companies. It didn't seem to matter went on with the economy or gas prices, people found their way to the casinos and race tracks.
The gains over the past year have been exceptional, and no one should consider them continuing at quite that rate. That being said, I think that gaming in particular does have continuing upside potential because of pure supply and demand factors.
Anybody that doesn't like this industry is a fool that's not up to date on what teens and young adults are buying these days.
People are going to continue to drink. They're going to continue to smoke. They're going to continue to gamble.
I believe that I am recognized as an expert in these various industries, ... Investing in Vice, The Recession-Proof Portfolio of Booze, Bets, Bombs and Butts.
It's my personal belief that the Gaming and Casino Industry can continue to out-perform the overall market, on average, for years to come.
Playboy has done a good job of positioning themselves on the Internet and with other forms of media. They have transitioned the company where it could be a brand for decades to come,
We're more than happy to profit from short-term fluctuations, and we think this morning's dramatic drop is very short-term,
