launchora_img

Illustration by @luciesalgado

Why Online Gambling is Growing Even in a Recession

Info

A lot of people are surprised that online gambling is on the rise even as the world economy is still reeling from the effects of the recent global financial crisis. Well, the entire gaming industry was expected to lose money during the economic slowdown. But the story seemed to be different in the Internet-based gambling sector. In 2008 alone, the year that saw the eye of the financial storm, online casinos and other gaming sites earned an estimated $20 billion, a record in the online gambling industry. Experts even foresee that online betting will continue to grow even if the US and world economy shrinks further. So now, many people are asking what makes online gambling tick even in dire economic conditions http://nripja.com/uploads/user/2022-09-13-031616.587004slot-merah.html/.


Apparently, the unprecedented earnings being experienced by online gambling operators directly result from the growing attitude among players to shy away from conventional casinos and offline gaming. More and more gamblers are no longer interested in visiting cities like Las Vegas or Atlantic City in a bid to save more money for gambling. Ironic as it may sound, many players want to cut the costs of their gambling by staying at home to play online. Going to popular gaming locations or even watching live sports would eat up a significant portion of a player's gambling budget.

But aside from the financial aspects of gambling, the conveniences of online betting seem to attract even more players. All that is needed for you to be able to play online is a trusty computer and a reliable Internet connection. You do not have to pack your things and go on a weekend casino trip. What's more, there are even smart mobile phones that allow users to gamble anywhere, even while sipping a cup of latte in a coffee shop. With online gaming, you can play according to your preferences. No one will mind if you smoke while you play or if you are wearing your pajamas while placing your bets.

The best part about online gambling is that a player can have a trial account to practice on at no extra cost. So, before a single dollar is placed on the table, players will have gained enough experience in a particular game platform. Compare that with real casinos where you really need to spend money just to get a feel of the game you want to play. With all the advantages of online gaming, it is not surprising that more players now choose it over offline gambling.


Be the first to recommend this story!
launchora_img
More stories by ahmed
learning

learning

00

Stay connected to your stories

Why Online Gambling is Growing Even in a Recession

4 Launches

Part of the Love collection

Updated on October 06, 2022

Recommended By

(0)

    WHAT'S THIS STORY ABOUT?

    Characters left :

    Category

    • Life
      Love
      Poetry
      Happenings
      Mystery
      MyPlotTwist
      Culture
      Art
      Politics
      Letters To Juliet
      Society
      Universe
      Self-Help
      Modern Romance
      Fantasy
      Humor
      Something Else
      Adventure
      Commentary
      Confessions
      Crime
      Dark Fantasy
      Dear Diary
      Dear Mom
      Dreams
      Episodic/Serial
      Fan Fiction
      Flash Fiction
      Ideas
      Musings
      Parenting
      Play
      Screenplay
      Self-biography
      Songwriting
      Spirituality
      Travelogue
      Young Adult
      Science Fiction
      Children's Story
      Sci-Fantasy
      Poetry Wars
      Sponsored
      Horror
    Cancel

    You can edit published STORIES

    Language

    Delete Opinion

    Delete Reply

    Report Content


    Are you sure you want to report this content?



    Report Content


    This content has been reported as inappropriate. Our team will look into it ASAP. Thank You!



    By signing up you agree to Launchora's Terms & Policies.

    By signing up you agree to Launchora's Terms & Policies.