Post
Topic
Board Service Discussion
Re: Issues with signature campaigns (historical).
by
Poker Player
on 19/05/2022, 03:44:52 UTC
Regarding Gamdom, the reason they stopped the campaign was the recent drop in crypto prices and users were not gambling. It's hard for someone to deposit money and gamble when they lose a huge amount of the value due to the crash. Most get scared and start cashing out.

Well that's typical of retail investors, they buy high and sell low because they get scared when it goes down. In any case, what you tell me about Gamdom seems interesting to me because I imagine that it is something that all gambling houses have experienced, but in the case of Gamdom I guess it will be like a snake biting its own tail: Gamdon has less revenue because of the downturn in the market, so it invests less in advertising, attracts fewer players and has even less revenue.

I suppose that the houses that can withstand the bear markets by continuing to advertise will come out stronger as soon as the market recovers a little.