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Are soaring gas prices good for online gambling?

There's new interest in an old(ish) study on the impact of fuel prices on gambling choices this week as the cost of filling a tank continues to climb, pressuring disposable income.
 
Back in late 2005 when fuel prices in the US soared to what was then considered unprecedented levels of over $3 a gallon, the Las Vegas market research company Precision Opinion conducted a controversial Southern Californian survey that suggested that up to half of gamblers would stop driving to Las Vegas once the gallon price of fuel topped $3.50.
 
Jim Medick of Precision Opinion postulated a direct relationship between rising gas prices and fewer trips, going on to extrapolate the result to a scenario where gas prices hit $4.33 a gallon, at which point 80 percent of drivers said Clun USA Casinothey would stop driving to Las Vegas. And at $4.97 per gallon, that figure jumped another 10 percent to 90 percent.
 
About half of all drivers reaching their theoretical limits said they would turn to alternative means of transportation rather than cancel their gambling trips, leaving a still significant number of would-be gamblers who would forego visits to the gambling mecca on a regular basis.
 
The survey found that younger drivers in the 21 to 30 age group were more receptive to seeking alternative modes of transport than older drivers, and that those over age 60 were more vulnerable and sensitive to gas price increases.
 
Three years ago, few could have envisaged a scenario where the price of gas went over the $4 a gallon mark experienced these days, and although the "pain threshold" has probably gone up in tandem with recent increases, it could still be having an significant impact.
 
That begs the question of what it is today, and whether gamblers might turn increasingly to the Internet as a travel-free method of enjoying their gambling?



Gambling News :

NBA odds on Thunder vs. Pacers Game? - This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

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