Pro-Con | Is gambling one of the few recession-proof businesses?

[Shame About Ray]

Yes

Whenever a recession hits or there is any decline in the economy, consumers historically tend to steer away from being frivolous with their cash and splashing out on luxury goods.

However, during the recession in the early ’90s analysts contend that there wasn’t any material decline in the United Kingdom in the bookies and casino sector.

Its popularity is two-fold. It’s still a form of extravagance without being off the scale, and any money-making schemes are obviously going to be popular when belts are being tightened.

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