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Prophet Says Online Gambling To do Well In 2009
The UK publication TimesOnline published a long but fascinating look at the tough times ahead this weekend.
Author Bryan Appleyard interviewed business gurus and prescient prophets like Nassim Nicholas Taleb to predict what the future may hold....and online gambling is likely to be one of the sectors that does well.
“The recession will mean relatively more affordable goods for the middle and upper-middle classes,” says Taleb, author of The Black Swan, the book that forecast the Wall Street initiated global crunch and anatomised the idiocies of the banks "...before they became apparent to the rest of us."
He explains to Appleyard that fat-cat demand pushed up the cost of “good wine, restaurants, business-class tickets, hotels in Venice, ski vacations, honeymoons” far above the normal rate of inflation. But they’ll all become cheaper now.
Taleb also looks forward to “...less confident businessmen on cellphones in trains, airplane lounges and restaurants, less arrogant bankers and economists needing to prove they are not parasites by paying attention to the material world”.
And he expects an increase in “yoga and/or church attendance, poetry, teleconferencing and online gambling”.
It's a long read but an interesting one.
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Gambling News :
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Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
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Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
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Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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