Investing in betting companies is less ethical than in tobacco

I’m not blowing smoke when I tell you that investing in tobacco companies is arguably more ethical than a punt on shares in a bookies

15th August, 2015
Investing in betting companies is less ethical than in tobacco

There are now persuasive arguments as to why investing in betting companies is a good deal less ethical than investing in tobacco. I have written before about the strong investment case for holding tobacco company shares. As other sectors have stalled “Big Tobacco” continues to drive forward value for shareholders with fat dividends and strong capital growth.

The two in which I am invested – Imperial Tobacco and BAT – have delivered returns...

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