Gaming Sector Looking Positive Long Term

Online, November 9, 2012 (Newswire.com) - Sonata Financial Trading Floor Manager, Peter Hamilton has announced that the company will be dedicating resources to extensive research and analysis towards the development of a global gaming sector fund.

According to Hamilton, "Gaming is an industry that withstands economic instability and is rapidly expanding around the world. Sonata believes the sector has massive growth potential over the next decade."

The gaming industry has been very active as of late both inside the US and across the globe, particularly in Asia. New legislation in states including Ohio and Kansas, and in countries like Singapore, Vietnam and Malaysia have allowed current and planned expansion for gaming companies.

In the US many states are considering legalizing gaming to augment their tax bases. The negative mentality left over from the mob days has changed and voters and lawmakers alike are shifting towards a focus on the fiscal and social positives of legal gaming venues. As this paradigm shift spreads, more and more states will legalize gaming because legalization is the only way to both regulate and tax the industry.

"US expansion beyond current hubs including Las Vegas, Reno, and Atlantic City will allow gaming companies to be smarter in their marketing and attract new customers significantly increasing their revenue." - Andrew Baxter, US Equities Desk Manager at Sonata Financial in Milan.

Gaming companies are smarter than in the past about making new investments. Analysis and market research is allowing smart development with minimal risk and only projects with a meaningful ROI and a very high probability of success are being pursued.

In Asia, gaming expansion is on the rise. Gaming companies have universally experienced success in venues including Macao and Singapore, and many smaller gaming centers have begun to spring up successfully around the region. Sonata Financial predicts massive growth is within the region over the next 10 years.