The Credit Crunch is Doing Little to Stem Rising Number of Britons Gambling Online

More Britons than ever before are trying their hand at online gambling despite the ever worsening economic climate. This comes as no surprise to me, as the credit crunch has meant that more and more people are opting to stay in rather than go out, and what better way is there for people to spend their time indoors then by winning money!

The results of an extensive survey by the UK Gambling Commission released in recent weeks have shown that the quality of online gaming sites and the prizes, bonuses and jackpots on offer continue to attract hoards of players due to their increase in potential monetary value.

Research conducted by ICM show that a survey dealt with last year (including the final quarter of the year when recession loomed) found an increase in the amount of people who said they had used one remote form of gambling or another.

The news will come as a major boost to the online gambling sector within the UK as it prepares for a difficult year with the current economic climate looking to worsen before it finally resides.

The Commission’s study revealed that a whopping 9.7 percent of the 8,000 adults surveyed had gambled using a computer, mobile phone or interactive/digital television set over the last month. This compares with 8.8 percent for 2007 and 7.2 percent for 2006.

The trend seems to be that – as gambling online becomes more accessible thanks to the likes of 3G mobile technology and improvements in digital TV people are spending more time gambling online than ever before.

This trend is likely to continue as long as the recession bites which will benefit the online casino industry tenfold during these hard times.

Erim Jones