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Lotteries and Online Casinos
Recession Proof?
For every report that you hear
about the recession hurting the
online casino industry, there is
another one that says that they
are still thriving. The
recession has seemingly grown
into every niche of our country,
except the online casino
industry.
This year, Missouri lottery
tickets brought in 6.5% more
revenue than they had the
previous year – almost a billion
dollars. It seems that lottery
officials are reporting that
they are showing an increase in
lottery sales across the
country, with no sign of it
slowing down.
There are also a new group of
studies that show across the
world the online casino industry
has continued to grow. With
online casinos not being a part
of other industries, as they
continue to fail in other areas
– the online casino industry is
seemingly recession proof.
The latest report says that it
would seem that the online
casinos can remain such because
of the fact that they are more
diversified than other
industries are. They are not
simply keeping all of their eggs
in one basket which leaves them
with less chance of them
breaking.
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