Land gambling venues need more time to recover
The online gambling industry provides several notable contradictions within the gambling industry. Both brick and mortar venues and online casinos are affected by the financial situation of gamblers. However, the current economic slump and weak economies seem to have impacted the land establishments more than the online casinos. Online casinos seem to have continued their profitability or at least their stability.
Land gambling venues
The global economy remains crunched. Some European economies have fully recovered, while other countries continue to fight unemployment and seek economic stability. The effects of the most recent slump have weakened considerably. However, the land based casinos in Great Britain still have a long way to go. Ralph Topping is chief executive officer of online casino William Hill. He expects that the land casinos and betting shops become stable at the end of this year.
World Cup betting
Online gambling and betting firms are set to profit considerably from the forthcoming World Cup. This global football event clearly dominates this year’s sports betting
calendar. The 2010 World Cup in South Africa generates a lot of betting action. Online betting websites are already overflowed by World Cup betting. This results in positive prospects for the betting activities during the rest of the summer.