The answer to recession: Gamble!?
One would think that in the midst of the recession’s tightening grip, casino players would be tightening their purse strings and spending less…one would be wrong!
Recent anecdotal evidence shows that many bookies and casinos are reporting increased takings as most other industries report downturns? Which leads one to the next question…why?
There could be a number of reasons for this, of course various authorities would like us to believe that problem gambling is on the rise and people are playing more in the hope of making some money to get them through the bad times. Of course this is a very real concern because as any seasoned gambler who is being honest will tell you, there are very few cases in which gambling can provide a stable income and/or get you out of trouble. Obviously, studies will need to be done (there is no concrete evidence at all yet) into whether problem gambling really is on the rise or not, and steps would need to be taken to assist those involved.
The more likely explanation would be that in uncertain times, people like to escape the worry of everyday life and enjoy a little bit of fun, which is great as long as you know your limits, have ample budget for playing and realise that gambling is entertainment and will NEVER be the answer to your financial woes.
Once solid evidence is released, it’s all really just speculation, but I’ll let you know if and when the facts are available. Until then, play responsibly and enjoy!
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