Tag: recession

Is the gambling industry recession proof?

It’s a question I have seen pop up on several forums and to be honest I don’t know the answer. During the last recession I didn’t have much focus on gambling companies, but one thing for sure is that a recession is generally not good for consumer spending. Whether punters turn to gambling when the chips are down isn’t certain, but there will certainly be less disposable income around. I can see how irrational gamblers are though, through the markets; …