What the Economic Crash of 2008 Means for Poker (Part II)



This is Part II of a two-part series on perspectives of the economic crisis and its possible impacts on the gambling and poker industries. Read the first part of What the Crash of 2008 Means for Poker. Dan Goldman has been a high-tech and marketing expert for nearly 30 years.  He is perhaps best known within the poker industry as the former Vice President of Marketing for PokerStars.  Goldman is arguably one of the 10 most influential people responsible for the poker boom, which began six years ago.  He has homes in both Los Angeles and Las Vegas. Predicting the impact of the ongoing economic disaster on gambling and poker is soothsaying at its finest, given that the times we are going through are unprecedented. Comparisons to the Great Depression don’t make much sense since there are controls in place that can prevent some of the chaos that occurred from 1929 to 1932.  But there are other factors, particularly the blistering speed at which both news and nonsense travel, that muddy the waters considerably. It’s clear that, in the short-run, gambling as a category won’t escape this downturn as it did in 2001 and in the early 1990s.  Las Vegas and Atlantic ...

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