Gambling Industry Unscathed

Some in the online casino industry are saying that the reports of the economy battering them are untrue or at least exaggerated. Some say that they have continued showing a profit even through these worst of times. They argue that people are always going to want to gamble, and now especially they are going to be seeking a way to avoid the issues that bother them on a daily basis.

They say that the online casino industry will never fold the way that some other industries have because they are a leisure industry. They claim that with people looking now more than ever to escape their daily troubles that the online casino industry is one of those in a unique position to be able to do that for them.

William Hill, the well known online casino, announced on Monday that the recession is not hurting them at all. They said that they have seen an increase in the amount of money that is coming into them, proving that the online casino industry has nothing to hide. They say that they currently have more than 2,250 betting shops and they are all doing well.

The online casino reported that their total gross win rose 9% in the past few months, over what they won last year. The gross win from their shops was up 10% in the 15 weeks to October 14th. Their high rollers were not doing as much business – their gross win had dropped 30% - but their interactive business was up 21%. They say that although they are not “recession proof” – no one is, but they are doing well for themselves despite the country’s problems.