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Online Casino News
Casino News and Current Events

December 9, 2008 Online Casino News

Online Casino Deposits Down

The economic crisis is hitting everyone. There was a period of time where the online casino industry was actually benefiting from it, but now they are feeling the pinch as well. Land based casinos felt it first as people had less money to gamble because they were putting so much of it into their gas tanks, and slowly they saw fewer people willing to make the drive at all.

This was initially a good thing for the online casino industry as they saw that they were benefiting from this lack of travel. Instead of spending money on gas and other incidentals, players were able to log into their account online and never leave their home. This meant a lot more money for the online casino industry, and business was booming.

However, it seems that people are now running out of money to gamble, period. People are spending less money on many things out there – and the online casino industry is one of those things that is getting cut out of people’s budgets. However, initially people were putting anywhere from $100 to $200 in their accounts, on average, over the course of two weeks. Now they are seeing deposits of $25-$50 over the same period of time.

This might be initially bad news for the online casino industry, as they are losing money, but it is also good news because it shows that people are smart. The argument has always been that if you could access an online casino from your home then you would become addicted and lose everything. With people cutting back in their spending it shows that they are in control of what they spend and that addiction is not running rampant.


 

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