Credit Crunch

[holdemharry]

just wondering peoples opinions on how the credit crunch wil effect the gambling industry?

[extreme eddie]

I've noticed the difference, my choice of gambling is fruit machines and for me to win someone has to lose, no one can afford to put £20 through in under 3 minutes and barely get a go on the board that offers £2 maximum anyway, and who can blame them? times are hard, even places like the spoons which used to get played heavily, the machines just stand there flashin away with no interest from casual punters.

[aaamusements]

Noticed a fair number of arcades closing lately.

[acktiv8]

I think that the industry may dip for a while but when people start looking for a home based business, well maybe online betting will be it. I haven't seen any stats for how betting performed in other recessions, has anyone else?

[Daniels]

I think that the industry may dip for a while but when people start looking for a home based business, well maybe online betting will be it. I haven't seen any stats for how betting performed in other recessions, has anyone else?

I agree with you, Home based business are quite common now a days and many peoples are approaching towards it. Its a good option to make money through online working.

[hendo87]

I dont think it will have as much an affect on the whole industry, with people desperate for money they often tend to bet more in an all or nothin shot rather than giv up gamblin

[lcgyy]

I think that the industry may dip for a while but when people start looking for a home based business, well maybe online betting will be it. I haven't seen any stats for how betting performed in other recessions.


MYCOLLECTS

[aaron1005]

I'm not quite sure, I shouldn't think that the credit crunch will affect gamblers.
To be fair I don't think it will affect it that much... Take for example, the Grand National... There was yet again more money put on the race than the previous year!

[Gus Mango Fish]

Noticed a fair number of arcades closing lately.

Old post, but this is something I've noticed recently too. I'm guessing the £250 duty per machine has more to do with this than the 'credit crunch' though?...

[Raiser]

Recession? Credit Crunch?

Its all a myth.