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Online Betting Companies not affected by the economic crises
Tags: Marco Felice Branzelli, PartyPoker, PokerStars.
Posted on 20 November 2008 by "T".

While economist and people in other branches and industries around the world can't sleep at night because of the global economic crises that are taking place at the moment, some of the bigger poker, casino and betting sites like PokerStars and PartyGaming along with others seem not to have been affected by this at all.

Example of a poker site that is doing very well at the moment is PokerStars who had over 30.000 active cash game players last Sunday, which is a new world record for online poker.

The American market analyst Marco Felice Branzelli predicts that the online betting industry will continue doing well for many more years and also that it will grow with around 16% per year until 2012.

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15 comments on "Online Betting Companies not affected by the economic crises"


 Buhl3r20/11/2008 15:03:18 GMT
Well, imo, crises are afecting everywhere, but what I know from experience, is that many ppl now, dont go waste money on casinos cause of the high stackes, and prefer online, cause that can play low stack's, and make them account grow up, little by little. Just one question. Word record is 30.000 active players? I saw already full tilt with 70.000 online players
 intentcity420/11/2008 15:16:36 GMT
people get desparate to make money, one of the biggest growth industrys during the great depression was horse racing, in Australia anyway, allthough Pharlap would have been a great draw card. for people who dont know Pharlap was probably the greatest race horse who ever lived, off topic i know.
 FOLDFISH20/11/2008 15:18:24 GMT
"Word record is 30.000 active players?"
They are talking about cash game players, full tilt has about 70k active players but most are not on cash game tables the same with poker stars who have about 110k online but only 25 to 30k on their cash tables.
 shokaku20/11/2008 16:54:05 GMT
Understandable. Compared with some products sold by the banks (think Lehman Brothers) poker is a relative risk free investment for your money Blink
 Saint20/11/2008 18:24:52 GMT
Recession is renowned for people trying to make a buck or two through gambling. most lose though. Sad
 cyclonisz220/11/2008 18:36:39 GMT
its hard to say that any business is not slightly affected by the economic situation of the country they are situated in i think the person that wrote this article doesnt know the 101 on economics but if a gambling organisation is ran well they could probably still make it through tough times
 taavi1920/11/2008 18:49:46 GMT
Hehe Shokaku you are totally right Smile
 GeneYuss21/11/2008 04:10:29 GMT
Shokaku, I was thinking the same thing. Why invest in stock market when you can invest in prime poker estate lol.





 medvedev21/11/2008 13:00:31 GMT
We'll keep betting anyway))
Nobody and nothing can stop us.
And the same thing about poker))
 Buhl3r22/11/2008 01:01:50 GMT
Yehh. We can invest and how the money will raise up, just depend on ourselfs. The better we play, the better our account balance can be =)
 MANUEDO22/11/2008 11:42:48 GMT
And why shouldn't be so ?
You know, in crisis time increases number of people betting.
It's a rule,it has been always so.
 noobyfish22/11/2008 14:17:47 GMT
i think it is only a delay in time. then the poker rooms will be affected too...

when the source of money of many ppl will break down than the cash available for poker and gambling will fall down too...(in case luck and bad luck will balancing longtermed)

if there is a crisis in most of the countries than all economic parts will be affected from time to time...
 sharkfrenzy23/11/2008 11:17:54 GMT
Very difficult to say what may happen over the coming year or two.

If there are a lot more people unemployed they could play poker more in their spare time for instance, so a temporary upturn could happen in poker traffic. Sites like BRM are also providing more players with free cash.

I think you can treat analysts predictions with a pinch of salt. There guesses are likely only as good as ours. How many stock market analysts saw the global financial crisis coming ?
 boshman4423/11/2008 11:47:30 GMT
this is good news for all poker fans

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this is so true when people have little small stacks lottos and small betting big odds take off meaning there is still room for growth even in times of crises
 Yukas24/11/2008 23:20:06 GMT
I think one of the the main point is that a lot of people use their money in poker to have fun no too save here like in banks=)!

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