@peaceful_soul 235889 wrote:
No, It is not. Consider the facts; most of the established online casinos are owned by the business groups which have other investments as well. The casinos can be successful when people must have money, time and of course the job for them. In changing times, the online casinos are also being restricted. The recession hits one and all. There are many online casinos which are not even successful when the economic difficulties are not in sight. There is some connection and recession is one of the indicators that may point whats happening in the field.
You make a good point. I guess, it can be seen as recession proof for the more established brands, but you’re right there also has been many newer and/or yet to be established brands that were forced to shut down,
I do think that the online gambling business is more of an anomaly though, since many of the larger brands actually thrive when the rest of the economy is down