Is the gambling industry recession proof

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The struggling gambling industry, once considered recession-proof, faces an uncertain future heading into the new year. Gambling: A “black hole for practical reasons” In 2009, the future of gambling is uncertain—and some people are happy about it.

HOW IS GAMBLING FARING IN THE RECESSION? Jan 20, 2009 ... As the recession deepens the myth that gambling is recession-proof ... of the economy's gambling sector faring in the current recession? Are Casino Stocks No Longer Recession-Proof? | Seeking Alpha Mar 6, 2008 ... ... to see that short term casino stock prices are not recession-resistant, ... Many middle-class, middle-America gamblers are tightening their ... Is the gaming industry still recession-proof? | A time series with ... In other words, Iowa's gaming industry is still recession-proof. ...... Mandy, R. (2005), “Gambling on gaming: revenues from gambling are just too tempting for ... Casinos Among The Hardest-Hit Businesses During Economic ...

In Nevada, there is no income tax. And if you've ever been to Las Vegas then you know why — they don't need one. More than 30 million tourists a

Jan 12, 2019 ... When the stock market and the economy start to feel like too much of a ... found that lottery gambling, by contrast, is relatively recession-proof. Bottom Line: Are Casinos Recession-Proof? : NPR May 5, 2008 ... While some Detroit gambling centers are doing well, however, others ... officials are banking on the notion that casinos are recession-proof. ... And the same thing is happening in Vegas right now where it's a slower market.

19 Dec 2008 ... Discovery: Are there recession proof industries warranting job-search ... One of those outlets is gambling, because it offers a chance to turn ...

Yet, it is the mainstreaming of gambling on many levels that has created a culture whereby it has become an acceptable norm for not only corporations but governments in the United States, on both the federal and state levels, to literally invest in the gambling industry, with the recession as the excuse... Why Online Dating is Recession Proof | SkaDate's Blog Week after week SkaDate Dating Software blog gives its readers numerous reasons to start online dating business and encourages them to launch their own dating sites. But never before have we spoken in detail about one of the major benefits … Recession proof industries | MatterFlow

The gambling industry has long been considered immune to downturns in the economy. But in southeastern Connecticut, two large casinos are feeling the pinch.

Jul 21, 2009 ... Unlike gambling and alcohol, the markets for most of these products aren't predictably recession-proof. In fact, some, like beef, theoretically ... Is Sports Recession-Proof? | Wall Street Oasis Nov 10, 2011 ... Alcohol. Gambling. Smoking. All have been called "recession proof" or "recession resistant" industries, thriving in good times as well as bad. WISE INVESTING: ANALYSIS OF THE RECESSION-PROOF ... - Core The majority of time, industry sub portfolios under sin stocks also provides ..... VICEP is the recession-proof portfolio of alcohol, gambling, tobacco, war and adult ... Australia's gambling addiction proving too lucrative to cure Sep 28, 2016 ... After struggling with a gambling addiction for 13 years, Kate Seselja had enough. ... that Australian lawmakers are "terrified" of the gambling industry. ... as governments sought revenue sources in the wake of a recession.

Must-know: A business overview of casino gaming - Market Realist

Effects of Recession on Gambling - Roulette King Mar 27, 2009 ... The gambling industry has always been looked upon as recession proof. There once was a time when it was thought that there will always be ...