"Jobs in traditional leisure industries are being jeopardised by the huge
growth in 'raves', which have mushroomed into a #2 billion-a-year industry,
according to new research. . .
More than one million young people attend raves per week, spending an
average of #35 at each event. The parties tend to be alcohol-free but there
is usually a heavy consumption of drugs. Raves have grown in popularity
while the number of young people going to pubs has fallen by 11%. . .
To put this phenomenon in perspective, this figure is around the same size
as the books or newspaper market and at least a quarter of the spirits
market. . .
The #2 billion figure might underestimate the threat, as the survey covered
only licensed raves. . .
They pose a significant threat to spending for sectors such as the licensed
drinks retailers and drinks companies"
