gambling industries — sur le russe Recession-proof industries — Some industries are considered by economists as recession proof industries.David Forrest (academic) — Professor David Kerr Forrest is applied economist and econometrician who specialises in analysis of the sports and gambling industries. The Legalization Of The Gambling Industry - 878 Words |… The gambling industry is growing rapidly in the United States as gambling has become increasingly more socially acceptable than it has been in the past. Many state governments, such as Nevada, have encouraged gambling as a key source of revenue, even more so after the recession we suffered in...
May 14, 2012 · Top 10 Recession-Proof Industries. Fine dining establishments, tourist trades, and gambling do well when the economy is good, but they tend to tank when it’s bad. A lot of people are not willing to spend the money when they think their job is on the line. There are certain industries that do just fine during a recession though.
The Effect of Recessions on Gambling Expenditures The only gambling sector that appears to be recession proof is lottery consumption. This series is characterized by a vast and solid growth that appears to be independent of the business cycle and of temporary shocks to income. Casino expenditures appear to have Industries that thrive on recession - Investopedia Industries That Thrive On Recession Selected Services Expect a downturn in the service industry in recessionary times, as companies and families are willing to take on more work themselves to save Gaming news, Has Online Gambling Business Recession-Proof?
The answer, I'd contend, is no; but that's only based on the technicality that no industry or business is entirely recession-proof. Rather, the marijuana industry ...
Effects of Recession on Gambling - Roulette King Recession Effects on Gambling and Casinos Published on Mar 27th, 2009 - 3:10pm PST 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 people who will have money to gamble regardless of the economic state of the country. 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.
Gambling Industry Feels Economic Pinch - newsweek.com
History of Nevada/Nevada and the American Dream (1945-present… “Gambling is the largest employer in the state, the largest taxpayer, and [has] been the major export industry for Nevada’s economy for quite some time.” Lessons from Recession – Truthpedia
2 Industries Which Are Recession-Proof | The Motley Fool ...
The skies above Las Vegas were sunnier than ever right before 2008. Business was booming, and tourism rates were soaring. Times were good.
The Effect of Recessions on Gambling Expenditures The only gambling sector that appears to be recession proof is lottery consumption. This series is characterized by a vast and solid growth that appears to be independent of the business cycle and of temporary shocks to income. Casino expenditures appear to have significant positive growth during both expansion and recession. Gambling in the Recession . Radio | OPB Gambling has been called a "recession-proof" industry, but that notion doesn't seem to hold true for the current economic downturn.