09.18.08
Lehman brothers bank crisis won’t affect online casinos
Following the Lehman Brothers bank and the financial crisis which followed and bound to strike the world, a discussion regarding the future of online casinos arose and the topics were around the questions of the affect it will have on online casinos all over the world.
The first conclusion was that the sole effect it will have on the online casinos is the fact that the value of the currency will drop and as a result the profit will drop a bit.
Other than that there will be no effect on online casinos what so ever as for the number of players and amount spent online.
It is already known that world wise financial crisis has little or no affect at all on the gambling industry which is in constant rise in the latest years. Furthermore research shows that the harder a financial crisis strike, the more people seek for quick solutions to cover their depths.
In conclusion the Lehman Brothers crisis will have a little or no effect at all on the online casino and gambling industry in general.