« Immigration Limit is Under Scrutiny | Main | Not All Call Centre Jobs are Outsourced to Offshore Locations »
Friday
Nov052010

Gambling Sites are Becoming More Prevalent

There was a time when internet gambling sites were few and far between. Now you can easily find hundreds of them all offering their own distinct brand and range of games to play.

So I was not surprised to read a news report recently focusing on this very topic. It did surprise me however to learn that gambling sites do not tend to suffer when there is a recession. Instead they tend to enjoy better earnings and more visitors, presumably as some people look to playing a game of chance to see if they can swell the size of their bank account.

Many of the sites are also offering big prizes as an incentive and temptation to start playing. Even some scratch card games have six figure prizes ranging from £100,000 up, so I can see the attraction these sites have especially during hard times.

I will be interested to see whether this increase continues as the recession fades more into the background and things get better again. It may be a while before the post-recession troubles wear off and everything improves, but until then at least the online gambling sites are looking very attractive indeed.

Presumably they will also be adding more games in the meantime, and we could expect more sites to appear as well. Even though there is plenty of legislation to adhere to in the business, it doesn’t seem to put off many of the companies that now have several sites on the go.

If you own a business like this and you are looking for an accountant to help with your annual taxes, contact us at St Matthew now.

 

 

 



PrintView Printer Friendly Version

EmailEmail Article to Friend

References (8)

References allow you to track sources for this article, as well as articles that were written in response to this article.

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>