Would the gambling industry survive if people only played for fun only?

[Youngrebel]

Let me explain the thread title. I know a lot of us here would say we should be gambling for fun, but in reality most people don’t gamble just for fun, they do it mainly for profit. Even if they lose, they keep coming back because they hope to eventually become profitable in gambling.

But what if people stop aiming for profit and gamble only for fun, what do you think would be the impact on the gambling industry?

Will we still see it growing or will the industry shrink?

Well even if we gamble for fun, the industry will still survive because people would still deposit money to play games. As I said in my previous comment, some are just gambling to pass time because of the boredom. And whenever a gambler used money to gamble, casinos will make their money and if they are making their money then they can't fold up or stop operating. And if casinos stopped operating, it will affect many people life. As I said people gamble for different reasons. Boredom group, and profit making group. And the group that gambling to pass time also deposit to play their games.
So there is always gambling activities in the industry.

[batang_bitcoin]

Shrink maybe? because if people are no longer serious about gambling, they'll deposit the minimal amount but it should speak for the volume of the gambling industry and even with minimum amount of deposits to have fun, that'll still create some coverage for the operational expenses of the casino. But this is just a situational thing and we have no control over other gamblers and they'll do whatever they feel and whatever they want. There is no doubt that the gambling industry is doing well and thriving.

Well, I personally think that the gambling industry will or may shrink too; if people or every gambler start playing for fun only, but on the other hand, I also believe or think that the industry will still flourish even as it is flourishing now because we still have people in the gambling industry who spend hundreds of thousands and even millions gambling for fun only..

There are people who have a lot of money and their only problem is how to spend the money, such person's or persons like this can actually spend alot of money simply playing for nothing else but for fun, and one thing about people like this is that they don't walk alone, they always walk with their friends and their friends will have to spend too.
So, how ever we choose to look at this, casinos will always be in profit whether or not people gamble for money or for fun.

It's hard to weigh if the two situations are being applied. So, it's most likely that each of the situation is likely to happen depending on how it will flourish or decrease. That is tricky and very situational but just as what others are saying, it's unlikely to shrink. But I think that I'm on the other side thinking if people do it for fun, they won't get serious with deposits and only will go for the minimum.

Shrink maybe? because if people are no longer serious about gambling, they'll deposit the minimal amount but it should speak for the volume of the gambling industry and even with minimum amount of deposits to have fun, that'll still create some coverage for the operational expenses of the casino. But this is just a situational thing and we have no control over other gamblers and they'll do whatever they feel and whatever they want. There is no doubt that the gambling industry is doing well and thriving.

https://businesscloud.co.uk/news/great-britains-online-gambling-ggy-surges-21-in-q4-2024

The industry will not actually sink if people start gambling just for fun rather than chasing profits. In terms of growth the gambling industry is massive & it is growing globally with an expected growth to reach $233 billion by 2032 due to the online expansion & legalized sports gambling. In UK online gambling revenue in Q4 2024 increased 21% YoY to £1.54 billion despite the decline in the number of active players. Small gamblers continue to be critical even when they are casual. So the ultimate thing is as long as those small punters keep their small deposit habit alive whatever they stake huge or low no matter, the casino keeps cashing in.

Just as I have said, it really depends but what you've said and everyone. The casinos will always be in profit regardless of the reason and the stats you've just mentioned is about their revenue but it's hard to make some specifics on it if it came from those who just want to have fun or serious punters.

[Cityhunter34]

Of course they would definitely going to survive, infact they are surviving already. Because even the little amount that we gambling for fun is still losing, so not only the gamblers that normally gamble to make profits overnight are losing.

 Though, as long as gambling is concerned losing is something that normally happens all the time so whether a gambler gamble responsibly or not the industry would still going to survive.

[swogerino]

Let me explain the thread title. I know a lot of us here would say we should be gambling for fun, but in reality most people don’t gamble just for fun, they do it mainly for profit. Even if they lose, they keep coming back because they hope to eventually become profitable in gambling.

But what if people stop aiming for profit and gamble only for fun, what do you think would be the impact on the gambling industry?

Will we still see it growing or will the industry shrink?

Let's be honest here, most likely the industry will shrink because of lack of new funds pouring in. I know that most reputable casinos have a gamble responsible banner and option yet that is only to comply with industry rules and regulators. Most people though only gamble to make a profit and that is what keeps the industry going, we have seen huge hits, someone hitting 1000x on Plinko on a 500 dollar bet roll, someone won 92.000 dollars out of a 14 dollar bet but these are only few examples of great wins and in order for these to be paid a lot of other people have lost money so we should always keep in mind two sides of the coin before deciding what we are going to do.

[Fiatless]

..and about 80-90% of them will lose every time they gamble. Even if some people are winning, it can not be compared to the losses they will face.

Well, we cannot know the right number of people that lose every day, but rest assured we know that many people do lose and many still win from the casino. In the end, the casino makes profit, while few gamblers make profit too, while others lose. Meaning, the percentage of players in the casino share the losses and profits. The gambling industry will surely survive no matter the cause.

Maybe their profit will reduce but they will survive. If you consider the amounts most of these big casinos spend on advertisements, you will understand that they are making huge profits. Some of them sign multimillion-dollar endorsement deals with big sports teams without stress. If only responsible gamblers use casino profits, it might reduce the amount they spend on advertisements and social corporate responsibilities, but many of them will not go bankrupt.

[Findingnemo]

I don't think anyone ever wagered something only for fun, they are tempted with something to get in return whether it as form of money or some valuables and the mode of wagering evolved over the centuries now we are in the online era where people use crypto too for their convenience.

This will likely to remain in that way and if we remove the money part then it's games and to be honest gaming industry is also multi-billion dollar industry but serves a different purpose and has da ifferent audience.

[AmaGold70]

Let me explain the thread title. I know a lot of us here would say we should be gambling for fun, but in reality most people don’t gamble just for fun, they do it mainly for profit. Even if they lose, they keep coming back because they hope to eventually become profitable in gambling.

But what if people stop aiming for profit and gamble only for fun, what do you think would be the impact on the gambling industry?

Will we still see it growing or will the industry shrink?

It will definitely affect the gambling industry if gamblers decides to gamble for the fun of it alone but i don't think the industry will shrink because there are rich gamblers and there are poor gamblers, the poor ones while gambling for fun may decide to use little money to gamble in order not to loose too much and this pattern will definitely cripple the gambling industry but then again there are rich gamblers that doesn't mind using huge amount of money to gamble even if it's just for fun and that way the gambling industry will gain more strength to keep going. If everyone gamble for fun it will affect the gambling industry but it won't shrink the industry.

[skarais]

While most gamblers claim to gamble for fun, there will always be those who gamble to win money. I don't blame them for their gambling goals, but gambling for money is often considered the root of all problems. Gamblers not only get addicted, but they also lose money, and it is even worse when they fail to control their emotions.

The gambling industry will continue to operate as it should and gambling regulations will undoubtedly support its sustainability. Many countries may change their gambling regulations in the future, moving from previously illegal to limited legality, allowing the gambling industry to continue generating substantial profits.

[Versatile_choice]

Of course they will, so Long as you're using your money to gamble for fun surely they will still survive. Rather there profit is not going to be massive like the way it was when people were going with the intention of making profit through gambling, this set of gamblers that usually go with this intention like staking high so that to enable them get a good potential return. But since everyone will be gambling with the same intention (that's for fun making) the stake will be low as they're not being curious to win from gamble, so this would make us not to risk big. But i can't see this happening, even though some countries may want to go with this method still there will be a set of people that would want to go about it the other way round.

[Cantsay]

But what if people stop aiming for profit and gamble only for fun, what do you think would be the impact on the gambling industry?

Will we still see it growing or will the industry shrink?

If people start to play for fun, I don’t think this industry would be as productive for casinos as it is right now, because lots of those who chase for profits are using a very high amount of money to bet in hopes of them winning something from their bets and that’s how casinos make money from them.

If they should decide to just have fun and not make profits, the whole idea of gambling with big money would be a waste for them and that would affect the revenues casinos get from them. So in a way I don’t think many casinos would be able to survive if gamblers should all adopt this whole idea of gambling for fun and only gambling what they can actually afford to lose.

[terrific]

Of course they would definitely going to survive, infact they are surviving already. Because even the little amount that we gambling for fun is still losing, so not only the gamblers that normally gamble to make profits overnight are losing.

 Though, as long as gambling is concerned losing is something that normally happens all the time so whether a gambler gamble responsibly or not the industry would still going to survive.

They have survived and even the players are going to play for fun, I don't think that it's going to be an issue whether they survive or not.
These casinos have a lot of revenue already and come with the holdings that they have when many gamblers just let it lose the Bitcoins and other major cryptos that they have.
So, I also think that they're going to survive but it doesn't mean that they're dying if gamblers will switch to having fun.

[Yamifoud]

Despite saying that if we all gamble for fun, this never says it will shrink the gambling industry. As long as people are gambling, they will still be earning money. Maybe the situation here is not the same as when we aim for money. But yes, considering gambling as an entertainment is likely impossible, no matter what. Many are still aiming to win the jackpot prize, and that absolutely changes their gambling behavior. Instead of having fun, they put their minds under pressure, pushing them to spend more rather than spending according to their budget.

[Mindyspace]

These days, most people gamble more for fun than for the idea of ​​making easy money. So, even if there were any change, the impact would likely be very small for bookmakers. After all, few people truly believe they'll get rich gambling.

[pawanjain]

Let me explain the thread title. I know a lot of us here would say we should be gambling for fun, but in reality most people don’t gamble just for fun, they do it mainly for profit. Even if they lose, they keep coming back because they hope to eventually become profitable in gambling.

But what if people stop aiming for profit and gamble only for fun, what do you think would be the impact on the gambling industry?

Will we still see it growing or will the industry shrink?

You have basically answered your own question. If people stop aiming for profit will the gambling company stay in profit ?
Obviously not right and in that case will they sustain the growth ?
So the obvious answer to this question is that yes, the industry will shrink.

[DaNNy001]

Playing for fun is the initial expectation from every gambler to do, so that we don't get ourselves into other things else beyond our capacity at the cause of gambling, also, our irresponsible gambling nature does not make any difference to the casinos if we choose to be a responsible gambler or not, it does not affect them either way, but we are the one being affected, because we will be missing out on other things so important in life we could have enjoyed, if we are a responsible kind of gambler.

You are absolutely right, playing for fun can actually save gamblers from a lot of trouble and the gambling industry would not make a lot of profit like what they are actually making now...although they don't really push anyone to get addicted but they get their profit from gamblers that chase profit...in order to make sure that you don't Step out of line or go beyond your limits it is better to gamble for entertainment only

[summonerrk]

Despite saying that if we all gamble for fun, this never says it will shrink the gambling industry. As long as people are gambling, they will still be earning money. Maybe the situation here is not the same as when we aim for money. But yes, considering gambling as an entertainment is likely impossible, no matter what. Many are still aiming to win the jackpot prize, and that absolutely changes their gambling behavior. Instead of having fun, they put their minds under pressure, pushing them to spend more rather than spending according to their budget.

We all know that the day will never come when all the problems will refuse to bet for money and will just play for fun, because then all the casinos will advertise: "nobody is trying to win the jackpot... maybe it's time for you to do it? We have increased the odds tenfold!" And of course then hundreds of thousands of gamblers will run to play this gambling game.
Well, in general, there will always be those people who will think that they can easily control the results in gambling, and therefore they will offer everyone to play for money. We are talking about card games. And there will always be those who agree to do this.

[mindrust]

The industry would still survive but some players had to disappear because i am quite certain that if everybody was playing for fun, the overall volume would go down and that means bankruptcy for some casinos. Smaller, low volume casinos would go out of business immediately. That's doesn't mean there would be a industry-wise collapse if that's what you are asking.

Tbh most addicts play for fun too. We can't assume that fun players are only playing games once a week or month. A person can play a few games every day and still be a fun player. If everybody was playing responsibly, gambling industry would become more trusted. The industry would have access to a wider population.

Right now most people see the gambling industry the same way they see the oil, tobacco and alcohol companies. That's no good for the industry.

[Silikiem]

I think weather it is gambling for fun or gambling for profit making, the both of them comes in handy to the gambling industries and they will definitely survive it all in the essence that if people gamble for fun, they will still find it pleasurable to always continue gambling even if they’re not winning and making the profit, they won’t complain. But if they continue gambling for profit and yet the profit isn’t coming, most gamblers are likely to be frustrated out and might quit gambling because of that. And again, if the profit is coming their way, they are also likely to come back again to gamble and the industry will survive.

[Miles2006]

The gambling industry will continue to grow regardless of how people view and participate in gambling activity, studying the number of gamblers made me realize gambling activity is not small as we think or rather we try to view gambling activity as within a small circle. Playing for fun doesn’t mean you’ll get the luck desired always meanwhile most gamblers who gamble for fun hardly get a win basically after gambling they call it a day either win or lose they have no business gambling the whole day. The point here is people still deposit and play, just imagine the number of gamblers using their different casino playing bet always and sometimes the result is not as expected definitely gambling lose will not end.

[freedomgo]

The gambling industry will continue to grow regardless of how people view and participate in gambling activity, studying the number of gamblers made me realize gambling activity is not small as we think or rather we try to view gambling activity as within a small circle.

If you really analyze the topic, you’ll see it’s just a condition or comparison, what if gamblers were only playing for fun and not for profit?
The simple answer is revenue would drop big time. It’s not the casual fun players that boost casino revenue, it’s the regular gamblers.

And do you really think those regular gamblers who keep coming back while losing money are still having fun? Hell no.