Shanda – A Diamond in the Rough – Online Gaming Versus Online Gambling

Everyone feels that online gaming revenue will be new in these difficult economic times due to the low cost of running an online casino, even though global casino revenue is declining due to this very severe recession. However, that was not the case.

Even online casinos around the world are starting to feel a depression bordering on depression and you can tell not only from the numbers but all of their future sales prospects, but there are still some diamonds in rough shape like online gambling companies are betting or investing on the stock market in them. One of the online gaming companies that has increased its sales and net income as a bandit is the Chinese online gaming company, Shanda.

While others financially lost their shirts, Shanda announced tremendous gains for the third quarter of 2008. Their sales increased 41% from sales in the third quarter of last year, and net sales increased by more than 20% year over year.

Shanda is doing very well because she chooses to focus more on online games and online board games than online gambling. The potential for online gaming in China is tremendous, and if they can do well during a recession, imagine how good it will be when we emerge from that recession. While online gambling in China is not as severe as gambling on land, the only area that seems to be ahead of all seems to be in the online gambling arena. I think American gambling companies should learn from this company and try to shift their focus from online gambling to online gambling during the recession because online gambling has become a culture in itself for the younger generation online at a younger age. age every year.

I know this because I have a 42 year old brother who is still playing games on the Xbox with his kids and has reached the point where they are almost addicted to the game. This shows that both online gaming and online gambling have a profound influence even culturally among our young and middle population.สูตรบาคาร่า

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