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Of these tough economic times, it's no real surprise that land based casinos are losing money.
You could have believed that people would be flocking to sportsbooks and casinos worldwide to be able to gamble and hopefully win big as an aid to surviving the recession that
the economic crisis has spawned.However, it seems that the contrary is true.
The possible lack of money for entertainment means that
folks are foregoing those weekend trips to Las Vegas and other gambling meccas.
They've even become unwilling to pay the cash necessary
for gasoline or public transportation to be able to reach land based casinos that are within driving
distance of their homes. You may ask any sports book or casino owner
how a recession has treated their business, and a lot of them will tell you that they are losing money.Experts
in the gambling industry have observed a ripple effect happening throughout
the world. Determining the patterns of international gambling is the subject
of a study that's released some surprising factual statements about the gambling industry.
Online gambling is rising in popularity in spite of the economic
crisis. Actually, in 2008, the sum total amount taken in worldwide by online
gambling was more than 20 billion dollars, setting a brand new high record.