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      <title>Jamaica: Economic crisis throws cold water on gambling

 by </title>
      <link>https://padlet.com/triziayhumi/pgwpiwpw8302sj51</link>
      <description>The local gaming industry is bracing for the worst of the current economic meltdown, in which some industry officials have sacrificed up to a third of their gambling profits in the past six months.&quot;At the root of the problem are the erosion of disposable income from inflation, the collapse of alternative investment plans and other financial pressures in the weakening economy, executives say. In the aftermath, sales slowed dramatically in industries where consumer spending was mostly discretionary.&quot;According to provisional statistics provided by the Betting Game Lotte Committee (BGLC), the industry remained flat last year.&quot;...the betting sector, which mainly deals with betting on wagons, seems to have been the most adversely affected so far...&quot; https://www.slotplayground.com/</description>
      <language>en-us</language>
      <pubDate>2024-03-16 12:07:54 UTC</pubDate>
      <lastBuildDate>2024-03-16 12:08:17 UTC</lastBuildDate>
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