Online gambling a safe bet despite downturn - industry
9 Mar 2009
"'The online betting market is coping very well with the slowdown and is bucking the trend,' Clive Hawkswood told Reuters in an interview.
"...Last month, Britain's top two bookmakers Ladbrokes and William Hill both posted a rise in profits.
"...Bookmakers are widely regarded as being less vulnerable than other retailers to the recession given the habitual nature of gamblers, but many punters are switching to the internet, forcing traditional high street betting shops to close..."