The Ripple Effect of the Online Gambling Industry

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asked May 29 by freemexy (27,130 points)

Every day, millions of people around the world decide that instead of running to the mall for a new shirt or to the grocery store for another bag of coffee, they can stay at home (or at the office) and purchase those items without ever getting into the car, bus or train. Commerce, in almost every shape and form, is continually being taken over by the internet, as we are collectively becoming a species dependent upon our connection to the web. online casino review

Today, you can do and buy pretty much anything online. If you don´t like standing in lines, TaskRabbit is a website where you can “hire” someone to stand in line for you at the bank and let you know when you´re the next up.

While proponents and supporters of the inevitable march of progress and technology will tell us that we must adapt in order to survive, the reality is that millions of people around the world are being left behind because of their inability to stay on top of the continually shifting technologies that define ever-larger parts of our economic livelihoods.

In the case of the gambling industry, more and more people (especially Millennials) are avoiding those epic trips to Las Vegas or Atlantic City in favor of regular online gambling. The global online gambling market topped 40 billion dollars in 2016, and over 40% of those online gamblers were young people between the ages of 21 and 34.

While many upstart online entrepreneurs might find this shift to online gambling as an enticing economic opportunity, there are always numerous effects that come with moving a substantial part of our economy into the realm of the internet. As the poet Wendell Berry reminds us, in our steadfast march towards the future, we rarely take the time to sincerely weigh the effects of progress against what has worked in the past.

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