Is the gambling industry recession proof

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 Gambling Recession Proof? 8:40 PM ET Thu, 18 Aug 2011 Jonathan ... The Met Gala is huge for the fashion industry — Here are some of the most striking 'camp ... Top 10 Recession-Proof Industries - Toptenz.net Certain businesses thrive on good economies. Fine dining establishments, tourist trades, and gambling do well when the economy is good, but they tend to Recession-Proof Industries - CNBC Starting a small business is a risky proposition. If you're worried about how yours might fare during a downturn, consider a recession-proof industry, which caters to ...

Top 10 Recession-Proof Industries - Toptenz.net

20 Nov 2012 ... Mike O'Donnell shares his insights on the gambling industry's growth worldwide ( Asia largest growth) despite the global economic recession. 8 Recession-Proof Businesses and Methods to Beat Tough Markets 4 Jan 2017 ... Edgy Labs brings you 8 recession-proof businesses and methods to help ... According to Statista, the online sports-betting industry will exceed ... Guns, Booze and Gambling: Sinful Stocks For A Recession-Proof ... 27 May 2012 ... Guns, Booze and Gambling: Sinful Stocks For A Recession-Proof ... Over extended periods of time, we're less volatile than the market too. Casinos Among The Hardest-Hit Businesses During ... - Yahoo Finance 12 Jan 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.

HOW IS GAMBLING FARING IN THE RECESSION?

"From the gambling industry's point of view, this is their big chance," said Earl Grinols, an economics professor at BaylorWhile analysts have long considered gambling to be almost recession-proof, the economic downturn has seen layoffs, declining revenues and falling stock prices hit casinos. Is the video game industry recession-proof? - CNET The industry is also blessed with a steady flow of blockbuster game franchises that seem primed to deliver huge paydays: Fable, Guitar Hero, Rock"I do think that the video game industry is going to do reasonably well in this time of recession because video games are a pretty damned efficient use... The Translation Industry Interprets 'Recession-Proof' -… If any industries can be considered recession-proof, the field of interpreting and translation may be one, especially as business transactions across“Translation is one of the few industries that has seen minimal impact from the global economic downturn,” says Nataly Kelly, chief research officer... Recession-Proof Industries

Are Casino Stocks No Longer Recession-Proof? | Seeking Alpha

HOW IS GAMBLING FARING IN THE RECESSION? 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.

5 May 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.

Conn. Gambling Industry Not So 'Recession-Proof' : NPR Oct 27, 2008 · Conn. Gambling Industry Not So 'Recession-Proof'. Right next to the casino complex is a massive construction area, where two cranes dominate the landscape. But the site is now all but deserted. Ed Riley of the Ironworkers Local 15 says the area is the foundation for what was to have been a 900-room hotel, shops,... Why Casinos are not Recession Proof: An Business Cycle therefore expect the recession (2007/2010) will have a significant negative impact on gaming. revenues when compared to the previous recession of 2001. Hypothesis One: The recession of 2007-to-2010 had a greater negative impact on casino. gambling revenues when compared to the recession of 2001.

May 14, 2012 ... Certain businesses thrive on good economies. Fine dining establishments, tourist trades, and gambling do well when the economy is good, but ... Festive reflections on the UK's changing gambling economy - Real ... Dec 26, 2018 ... Is the gambling industry good for our economy and society? ... Betting shops or ' bookies', spurred on by the recession of 2007, have taken the ... Conn. Gambling Industry Not So 'Recession-Proof' : NPR The gambling industry has long been considered immune to downturns in the economy. But in southeastern Connecticut, two large casinos are feeling the pinch. Is the gambling industry recession proof? : Betfair ...