Is the gambling industry recession proof

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The gambling industry was once considered recession proof. But we’re in the midst of the deepest recession most of us have ever experienced.

Top 10 Recession-Proof Industries - Toptenz.net The best guess is that the industry is recession-resistant. A side effect of this is an increase in tattoo removal services, with increases of 50 percent in somePersonal Sanitary products are recession proof. We will always use toothpaste, toliet paper and women will always need…well you know… Industries that thrive on recession Gambling is an extravagance that generally declines, for example. In fact, casinos do their best trade when the economy is roaring and everyone feels lucky.Although it is good to know which companies excel in a recession, investing according to economic cycles can be difficult. If you do invest this way... BBC News - Today - 'Gambling is still recession proof'

Politicians seeking new revenue without raising taxes are fond of the old adage that the gambling industry is recession-proof. Wanna bet? By Graham Meyer Published Oct. 23, 2008 By the Numbers

Gaming Industry Far from Recession-Proof | Seeking Alpha After proclaiming that casinos were recession-proof, they've recently learned just the opposite.Here's what happened to gaming industry stock prices: Just a couple of months before the gamingAccording to a Wall Street Journal story (subscription required), the gaming industry is hurting 'Recession Proof' Gaming Industry Ignores the Stock Market |…

by Eugene Martin Christiansen. Reprinted by permission from Insight — The Journal of the North American Gambling Industry, December 2008.. As the recession deepens the myth that gambling is recession-proof pre-occupies the journalistic mind, which tirelessly recycles it in newspapers reporting casino layoffs in their business pages.

How The Online Casino Industry Become Recession Proof ... Free Essay: Blog 1 – How the online casino industry became recession proof Financially speaking the world is still recovering from the 2008 credit crisis....

19 Feb 2009 ... Casino gambling receipts are down about 8.5 percent from a year ago, ... The movies, also historically a recession-proof industry but not a ...

Free Essay: Blog 1 – How the online casino industry became recession proof Financially speaking the world is still recovering from the 2008 credit crisis.... Gambling Industry Not Recession Proof We Learn ... The top story in 2008 according to CasinoCity.com, the thinking that the casino industry is "recession proof" is no longer true and, unfortunately, that has been the ...

Industries that thrive on recession - Investopedia

Industries that thrive on recession - Investopedia Mar 26, 2018 ... In this article we'll take a look at the industries that flourish in the adversity of a ... Gambling is an extravagance that generally declines, for example. ... as it will stem the advances the recession-proof industries have made. Is online gambling a recession-proof industry? - The Economic Voice Oct 28, 2014 ... Despite the lean economic outlook of recent years one industry appears to be thriving. Online casinos attract vast numbers on a daily basis to ...