| GamblingPhD menu | Bad Economy Good for Online Gambling October 22, 2008 Gambling consultants have been weighing in on the current economic crisis in the United States and they expect that online gambling will fare well in the months to come. They say that because of our infrastructure being developed the way that it has been, online casinos will benefit greatly from the mistakes that have been made along the way. Global Betting and Gaming Consultants, or GBGC, say that the economic environment might not be good around the world, but that they expect online gambling to continue making money. Not only that, but they predict that they will make more money. Many think that because of the way that online gambling is structured that most of those types of companies will succeed while many others will fail. The Isle of Man gambling consultants say that the slowdown that the USA is currently experiencing is going to hit hard in areas like Atlantic City and Las Vegas. People are not going to be traveling to these locations for their gambling needs and are going to turn to online gambling instead. This slowdown is already being felt by many B&M casinos as they have seen their numbers drop, while online casinos have seen their numbers grow. Without having put the proper amount of money into a worthwhile high speed rail, people just cannot afford to gamble at land based establishments. Instead they are turning to their favorite online casino located in their living room. This saves them money as they aren�t paying for gas or transportation fees, and ultimately gives them even more to gamble with. |