28% of investors deterred from gambling stocks
By Robert Weston on Aug 20, 2007 in Gambling Financials, Gambling News
A survey of 100 private equity executives by accountancy and consulting firm Grant Thornton found that 28 percent would not consider gambling businesses as an investment possibility. Despite one in four private equity firms having a formal code of ethics, the gambling sector was only ranked third behind pornography and firearms/military as the least popular areas to invest in.
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