How Does A Recession Affect Online And Land Based Casinos?

18 June 2013 – By Jane Spiegel

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Many people would automatically think that during a recession, many online and land based casinos would suffer as much, or even more, than any other type of industry, because for many, gambling at a casino would be a luxury that would be too expensive to indulge in. In the last couple of years some of the very best land based casinos have seen larges losses, compared to previous years, and it is estimated that in the United States alone, more than eight different states saw the profits that they normally earn drop by almost two billion dollars collectively. Obviously, unless you are very well off financially, paying your bills generally takes priority over spending money at any casino.

Many people would concentrate on their needs, rather than their wants, and this includes entertainment as well. Renting a movie instead of going to the theater, ordering food in, or cooking, rather than going to a pricey restaurant, if you’re a golfer perhaps going one or two days less a week. All these little things makes a difference and are just few ways to save money, while still allowing you have some fun.

Online casinos, compared to their counterparts, are not as affected by at a recession. Although they too may suffer some losses compared to their profit margins in the past, people still like to play games, such as poker, roulette, craps, keno, and other games that are often associated with casinos. Online casino gambling, in a way allows you to play these games, because you’re able to save money in so many different ways, that you can use it to play with, and especially during a recession, this is a wise decision.

Obviously, first and foremost, you have the opportunity to play at home, rather than making the trip to a local casino, and that’s provided you have one relatively close to you. Already you have saved money on transportation costs. Many of the best online casinos offer incredible bonuses and promotions, where you can truly increase the money in your account that you can play with, if and when, you want to play for real cash.

In addition, if you’re hungry or thirsty, brick and mortar casinos can be quite pricey compared to being able to whip up a quick meal at home and have a couple drinks if so desired. Again, you have saved money. If you have made the drive to a live casino you most likely will want to stay a while, even if you are down money. With online casino gambling, you can walk away and take a break, and come back to the table whenever you are ready.

When you add up all the little extras that you’re able to save money on, you are able to instead apply this to your online casino account and you can be playing your favorite games in mere minutes, for as long as you like, for the stakes you are comfortable with, and because there are thousands of online sites to choose from, no doubt you easily be able to find one that suits your type of gambling desires. The best part is that you can still enjoy all your favorite casino style games, whether there is a recession or not.

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