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Online gambling trends show economy on recovery track


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Old 05-05-2009, 01:00 PM   #1 (permalink)
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Default Online gambling trends show economy on recovery track

Just a few years ago everyone believed that gambling is in general recession-proof and no economic downturn could slow down the casinos and gambling halls. Needless to say, the bankruptcy filings and bleak financial reports from the casinos all over the country proved that theory wrong. Of course, the online casinos and other online gambling websites turn out to be just as vulnerable to an economy slow-down as their land-based counterparts. We have always kept our fingers on the pulse of the internet gambling industry and we felt that pulse slow down considerably last year with millions of people losing their jobs world-wide and those lucky enough to have missed the massive layoffs - saving every penny and spending none on recreation in the form of gambling, whether online or offline.

What are your thoughts on this bit of news?? If you want, you can read the full article here...
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