« Online Casino Playing in 3 Easy Steps | Casino Gambling Rules | Bad Luck vs. Bad Play: Which Do You Blame at the Casino? »
Is the Gambling Boom Over?
By Sonny White | June 1, 2010
There has been a real gambling boom online and in places like Las Vegas, Atlantic City, and Macau. But the dropping U.S. economy has caused a slowdown in Vegas revenues. People have less money, and spending it in Vegas is not a preferred option. The cost of travel has also increased, and tourism is expected to be down until 2011. Employment numbers are down one percent from last month, and the single family housing market has collapsed. The boom is at best on hold in Vegas.
Online gambling is becoming an easier, more inexpensive way to gamble for many players. Advances like mobile casinos have made gambling an anytime, anywhere activity for some.
The boom continues in Macau, where the US economy has no direct effect. Gambling is still booming, it’s just booming in other places right now because America’s war machine has driven the country’s economy into the toilet.
Topics: Gambling Industry |