There are two kinds of people...those who gamble and those who don't.
To be sure, there are sub-groups here (e.g., I gambled that a DMO consultancy would work...but I don't play casinos).
But those who do gamble at casinos lost a record $15 billion during Q3 this year. Really? As pundits predict a looming recession?
Gambling historian David Schwartz says people are clearly still willing to lay their money down at casinos, regardless of economic conditions.
"I think it speaks to the continuing appeal of gambling, and that there may be even more appetite for it in uncertain times," he said in a recent article.
Fascinating take. Uncertain times indicate to some that it's time to hoard. Others, to throw caution to the wind.
The next year should be fascinating to watch.
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