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?
This is not a realistic scenario. People have two motivations in playing: to have a chance to make money and to be entertained. There may be a drop in profit, but the casino can still operate as long as people continue to wager. Some individuals will wager a significant amount of money simply to satisfy their ego, regardless of their motivation.
I have read gamblers who are not playing to win money but to play just for the sake of playing and to boost their ego and confidence, so casinos will still be profitable, if that scenario ever exists.
Yeah because even if those people say that they gamble for fun for sure there's still some part of them thinking that they could able to hit big while playing.
Because if we don't have that desired to win I guess its pointless to gamble. They just say that they play for fun because the amount they use is those they can afford to let go just like what other people say.
So as long as many people spend for sure that gambling industry would survive. It only stop if there's no people playing on their casino and we have seen that for many times since lots of casino fails then shutdown their business.