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Topic: Do you think sport betting and gambling casinos are the first business to get up (Read 476 times)

hero member
Activity: 2870
Merit: 605
sure for the places where you play physically like casinos and betting agencies the losses will be huge and perhaps many of their employees will remain out of work, but the game as such will not drop in intensity, all players will pour on the virtual sites of games and bets that will certainly double their earnings...
sr. member
Activity: 2366
Merit: 305
Duelbits - $100k Bonus/week
Talking about physical casinos and sports betting of course right now is really hard for them though after the pandemic and people get back to their normal way of living in no time when they started working and begin to experience stress then they will go back to physical casinos to lessen stress and meet people again for socialization is another way for us to lessen our stress. To sum it all, online casinos wouldn't be affected by the pandemic but physical casinos and sports betting will recover in no time for gambling, and socialization is already part of us even back then.
sr. member
Activity: 1918
Merit: 442
Eloncoin.org - Mars, here we come!
Well, during this pandemic, people would tend to play online gambling for it is safer than going to a physical casino where they will be more exposed to the virus. That being said online casinos have an advantage during lockdown because other players who are fond of going to physical casinos have no choice but to play gambling through online casinos that means, --there will be no downfall for online casinos during a pandemic may be at first when people were still in panic and needs their money for their basic necessities but now where people started to relax and experiencing boredom they started playing in online casinos and to mention because of lockdown they might as well be addicted to it. Indeed, the answer is yes. Many gamblers are still wanted gambling casinos.
hero member
Activity: 2926
Merit: 567
I don't think so, it will take a few months before they can get back to business, they must do good marketing for their clients to get back, the only client that will get back to them are business people whose business was not harmed by the pandemic, they will want to relax after the depression brought by pandemic.
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.
Do you think it's one of the businesses that will get up or recover their losses immediately after this pandemic is over
or it will take some time because people will have to take care of business first or go back to work first.
with millions of gamblers now that is dreaming day and night of playing in casinos again?yeah maybe Gambling business is one of the first to recover from the losses.

Second are those hotels and Hospitals in which needed for the follow up check up since this pandemic will not be gone that easy.
I assume you wanted to mention the physical casinos because there is no annual loss potential for the online gambling business. There will be two kinds of business in the future: The ones with online services and the busted companies which will rush to join the digital revolution. Gambling is no exception.
Yups that is Live casinos and not the online because this is still active now and continue to grow for the same reason that gamblers has no choice.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
There is a high tendency that the gambling industry will be the last to resurrect after this pandemic when I talk about profit taking. Never a new thing with us as the world is battling the ravaging covid-19 which make countries pronounced total lockdown on their citizens. The only quick recovery businesses will be those at the groceries and those at the pharmaceutical industry. Being that, many humans will like to feed and stay healthy after the relaxation of this lockdown. Having the funds to gamble online won't be easy for those citizens(those who are gamblers) as many will go for their feeding and health issues be sorted out.
At least, there is a chance for casinos to move in the online version but what about the restaurants? Many restaurants are in trouble due to the social distance rules and I accept this for staying on our self-isolation zones. The problem is recovery can take one more year and one more year means one more ZERO on country debt.
full member
Activity: 756
Merit: 231
There is a high tendency that the gambling industry will be the last to resurrect after this pandemic when I talk about profit taking. Never a new thing with us as the world is battling the ravaging covid-19 which make countries pronounced total lockdown on their citizens. The only quick recovery businesses will be those at the groceries and those at the pharmaceutical industry. Being that, many humans will like to feed and stay healthy after the relaxation of this lockdown. Having the funds to gamble online won't be easy for those citizens(those who are gamblers) as many will go for their feeding and health issues be sorted out.
sr. member
Activity: 1274
Merit: 263
Most of the business after the lockdown will not sure if will going to recoverbut if you have loyal customer and your service is good to them is they still going to choose your business. About the recoveries it takes time for sure before they get again what they lost during the pandemic and we still at that time and we did not know if they have extended because there is more cases again everyday so there is more months before the lockdown end and the gambling business for sure more people will not go there for few weeks because that is crowded area So it needed time for them to recover.
hero member
Activity: 1722
Merit: 528
This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.
Do you think it's one of the businesses that will get up or recover their losses immediately after this pandemic is over
or it will take some time because people will have to take care of business first or go back to work first.

We the physical and the online sites so maybe you are talking about the physical casinos.

Since almost all of the online casinos are still functioning, we can say that they have no problems here at all. When it comes to physical casinos, I think they would get those losses back once this ECQ or lockdowns is done. The problem that I am seeing here is the workers of the said casinos as they don't have those jobs right now, no tips and there are even those casinos that don't give their payments this ECQ.
legendary
Activity: 2464
Merit: 1145
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This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.
Do you think it's one of the businesses that will get up or recover their losses immediately after this pandemic is over
or it will take some time because people will have to take care of business first or go back to work first.
All the businesses which are based on gathering of people may not get back to its usual business track even after pandemic will be over which includes tourism. Because governments are going to emphasize about importance of keeping social distance for next to 2 to 3 years or until vaccine for covid19 will be invented.

I believe the spread of corona will be under-control in coming months in almost all the countries but people should follow social distance so that they can ensure about not getting suffered. So, theaters/malls/amusement parks/casino may not be allowed to operate.

Even online sportsbetting will continue facing dark days as no actual sports are happening any where. But, they may continue their business by adopting e-sports. As per we are already aware, other casino business must beat their own peak revenues and all other statistics until vaccine for covid19 to be invented. This pandemic is going to teach us many new things and many new ideas and how we are going to learn lessons from them and how to ease our life from that is going to decide our level of life style there after (at least with respect to gambling).
Right, Not every business will come back to normal after this. There will be a precaution that will happen after the lockdown or quarantine is over. As an individual, I don't want to suffer from such a virus over the lust of playing on a casino. Moreover, even if the casino opens after the quarantine period, I don't really think that players will go through there just to play gambling. Players are more likely like us who are scared to play for an event knowing that they can possibly get the virus and can end their career as an athlete. Online gambling platforms will surely be in-demand at a time like this. A casino should adopt to the situation if they want to survive in times like this.
hero member
Activity: 1624
Merit: 624
I think that businesses that provide gambling or betting services need some time to get back to their former earnings. Unfortunately, the usage rate of such services will also decrease significantly, since many people will save cash and want to protect this money during this disease process. Considering today's conditions, I think that while people are afraid to invest, nobody will want to try their luck by gambling. On the other hand, of course, there will be an increase in the number of gamblers to spend time, but this increase should not be expected to increase in the same way for betting amounts. That is why I think it will take a long time for gambling and betting services to return to their former earning and activity performance. Personally, I don't think of gambling or betting for a long time.
legendary
Activity: 2338
Merit: 1124
This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.
Do you think it's one of the businesses that will get up or recover their losses immediately after this pandemic is over
or it will take some time because people will have to take care of business first or go back to work first.
All the businesses which are based on gathering of people may not get back to its usual business track even after pandemic will be over which includes tourism. Because governments are going to emphasize about importance of keeping social distance for next to 2 to 3 years or until vaccine for covid19 will be invented.

I believe the spread of corona will be under-control in coming months in almost all the countries but people should follow social distance so that they can ensure about not getting suffered. So, theaters/malls/amusement parks/casino may not be allowed to operate.

Even online sportsbetting will continue facing dark days as no actual sports are happening any where. But, they may continue their business by adopting e-sports. As per we are already aware, other casino business must beat their own peak revenues and all other statistics until vaccine for covid19 to be invented. This pandemic is going to teach us many new things and many new ideas and how we are going to learn lessons from them and how to ease our life from that is going to decide our level of life style there after (at least with respect to gambling).
full member
Activity: 840
Merit: 105
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Do you think it's one of the businesses that will get up or recover their losses immediately after this pandemic is over
or it will take some time because people will have to take care of business first or go back to work first.

Of course not! Casinos and sports betting are part of the most crowded businesses in which it would seem to be opening late than the other businesses as for safety precaution and assurance that the Pandemic would really be eradicated. It would be easily for the casinos and sports bet to recover from the loss during this quarantine as after the world has assurance of full safety against the virus, most people would be rushing to casinos as we all missed playing in it.
sr. member
Activity: 1274
Merit: 278
I don't think that betting and gambling casino will be the first to set up because it is not that helpful compared to other businesses, they will start to set up those businesses that help human for their daily lives or those businesses that will help our economy to recover. Those gambling, activities and other business is still unavailable to prevent the risk of spreading the virus. If we are going to open the gambling casino there is a big chance that the virus will occur and spread inside that casino because of being crowded.
On the contrary, I believe that land-based casinos and gambling houses are the ones that will have a hard time recovering their losses after this pandemic. As a matter of fact, the new normal that we are going to inevitably observe and live with after this pandemic will probably include avoiding crowded areas. That would certainly include these businesses.
I don't think so because the casino is a one down capital, they don't buy something just like other businesses who need to buy some ingredients like the food business, the casino is stable and they are just going to wait for the customer to come in and get money.
legendary
Activity: 3164
Merit: 1174
I assume you wanted to mention the physical casinos because there is no annual loss potential for the online gambling business. There will be two kinds of business in the future: The ones with online services and the busted companies which will rush to join the digital revolution. Gambling is no exception.

After reading the headline that was my first thought too, why to not make a difference between physical and online casinos?! We who gamble with crypto didn't have any problems with casinos, all of them are working perfectly fine during this crisis around the world. I think we even got more players here, people who like to gamble will find a way to gamble, and what can be better than crypto gambling, that never close the doors for gamblers.
I don't go to physical casinos, but as I read they started working in my country. There are some pictures about separating people with a glass, like glass between people and dealer, every slot has its own space, looks scary if you ask me.  I don't know for others, but there's no way I will go and gamble in casinos with special glass boxes!
hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
Probably it will take time even after the corona completely vanished from here because there are two reasons which are people may not have money to spend on entertainment activities and another one is fear of the virus infection will still be there for few more months.

Hesitation would really be there unless if its really declared that its already cleared out and the vaccine is already out then people would really be confidently to go out without
any fear that there might be still virus left around.Even though this one will surely takes time and also when we do talk about the funds to be used then people will
really still need to work first before they can go back to their normal betting habit but this one excluding to those people who are already rich that can play out without
depending to other things.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
When sports can be carried out again in more stringent ways or rules, at the same time at least sports betting will run as well, but this does not guarantee that there will be many gamblers who will immediately make bets including casino gambling, this crisis makes the majority gamblers don't have enough money to bet and for this reason, I'm sure it's not only the gambling business that might have difficulty getting up quickly, because even this crisis is happening in almost all business sectors.
hero member
Activity: 2310
Merit: 757
Bitcoin = Financial freedom
Probably it will take time even after the corona completely vanished from here because there are two reasons which are people may not have money to spend on entertainment activities and another one is fear of the virus infection will still be there for few more months.
hero member
Activity: 2282
Merit: 560
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Probably not the sports betting and casinos, gambling in traditional casinos is the last thing they wanna do.

The first businesses to open I think are the shipping and delivery services, they've been delayed for months already and they can't wait to make money of the products needed going from borders to borders, ships ports to airports.  These shipping and delievery companies are recieving money from remitance services during lockdown because people still are hoping they could deliever.

Yeup agree here. Sports will all go back to normal but we're already seeing now retail stores close down. Can't believe how many stores have said they are closing down now and it seems like it will get worse and worse, I won't be surprised if physical casinos have to close down as they're burning money literally esp those without online presence.
The day it gets worse that's what we are experiencing now where pandemics like it will be here for a long time, of course the shop will close because regional settings are getting tighter to keep the plague from becoming infected and for offline casinos in stores like it doesn't open because it's a crowd and therefore some will lose their money from there because it doesn't make money.
As for online casinos that we can play at this time because sports betting is postponed it will switch to casinos and dice that are available today.
Maybe many people will get bored with this gambling.
legendary
Activity: 2912
Merit: 1068
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Many businesses are affected by the corona virus, but for sports betting and casino I'm sure there will be no loss. Only casino employees
affected by the corona virus, for not getting a salary. For the casino itself after the corona virus ends, it will return to normal.And I'm sure
it doesn't take long for the casino to be as crowded as usual. Especially for gamblers who are addicted will play right away gambling at the
casino.

Every casino that has an online options is not suffering loss and even if their business is not on the level that was before pandemia it will recover soon. That can't be said .for many businesses that are at the edge of surviving.
Employees of phisical casinos are affected, some are even out of their jobs but many governments are helping businesses to cover at least part of salaries, at least that is the case in my country.
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