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Online Casino Gambling --- Casino News

Who's Right?

There is a very interesting situation occurring all throughout the online casino gambling industry. On the one hand you have the industry analysts remarking that the internet gambling industry will continue to grow steadily throughout the global financial crisis, and on the other hand you have sites like Duplicate Poker.com announcing a farewell to their gamblers as they close their doors for operation. Where does the truth lie is the question? Are the online casinos safe from the slowing global economy or is it just a certain level of internet gambling sites that may remain exempt from financial concerns over the next year?

There is certainly an indication that some online casinos simply will not make it through the economic crisis. Sites all over the globe are closing their doors as a result of lower wagers at the sites and fewer numbers of gamblers registering and participating. Online casino gambling companies like the well-established Lasseters have announced the closing of their virtual doors – that was the industry news last week and this week the industry is alight with the fact that Duplicate Poker.com is allowing players to cash out their accounts and bidding farewell for now.

Now, it is also pertinent to note that while companies like Duplicate and Lasseters have announced the closure of their online casino and poker gambling sites, some of the huge players in the industry (Poker Stars, Full Tilt, the 888 Holdings gambling group, and others) have announced surges in gambling activity, particularly gamblers heading out to the online poker tables. Perhaps the answer lies somewhere in the middle.