Small casinos no longer see the larger venues as their competition. Instead, they’re fighting against a recession that won’t let up. Like many small businesses, they’re having trouble keeping afloat until things pick back up again. They don’t have the resources to offer huge giveaways and jackpots that will draw customers back in, so many are worried they won’t return before it’s too late. Read more…
While the recession has hit much of the gambling world hard, it may actually help the industry in the long run. In many countries gambling has become an economic mainstay and is now being viewed as a possible way out of the economic crisis. This new outlook is changing the way many governments view their current gambling laws. It’s encouraging many lawmakers to consider revisions and may even be the catalyst to legalizing online gaming. Read more…
The relationship between economics and online gaming is becoming stronger. By legalizing certain types of online gaming, the governments can tax it and use the revenue to help their citizens. Basically, online gaming is the cure for homelessness. And shitty roads. Read more
263 staff have been axed in Ladbrokes' latest cleanout Ladbrokes may be one of the country’s leading bookmakers but at present they are dispensing with staff like livestock in a foot and mouth outbreak. A further 263 jobs have been lost in the latest cost-cutting exercise, following the closure of offices in London. We doubt there’ll be a Christmas party in Gibraltar this year. Read on…