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Topic: Do you think sport betting and gambling casinos are the first business to get up - page 2. (Read 493 times)

hero member
Activity: 2576
Merit: 666
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They never died since there was the existence of online gambling. As for sports betting, if you count e-sports as one, then that really never died as well since tourneys can still be done online, at least, that's what league did as far as I know. But if we were to talk about traditional sports, that may actually take time. After all, the schedule was pretty messed up all of a sudden and players need ample time to readjust properly for their next tournaments.
As for physical casinos, It'd actually take time and would not be the first ones to get up. Some simple reasons would be people would most likely go to places that they actually need, like work places stores and the like. Next, they'd probably want a breath of fresh air, aka sightseeing. Being stuck in home is not a pleasant experience for some after all.
legendary
Activity: 2674
Merit: 1226
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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.
sr. member
Activity: 1456
Merit: 267
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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.
For your last statements, Yes it wont take that long for the casino to recover as many people especially those who are into sports betting are really
excited to bet once again if the sports house already allowed matches and if those favorite sports are already available.
People who are engaged to this activities will surely be back and casinos will be able to be compensated again.
legendary
Activity: 1134
Merit: 1598
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Oh man, it's going to take a long time before we ever get to the "life we used to have". These things don't change as easy. Social life's gonna probably be pretty awkward once we even try to go back to the one we used to have. I don't know if people will get back to gambling though unless they've been playing online. As forming a new habit takes less than a month, gamblers who are abandoning gambling during the lockdown may actually stop their addiction without even noticing it.



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Are you that sure they have money? I don't have a single friend who goes to the casino and is rich. You may be missing the fact that gambling is usually linked to borrowing and burying yourself in large debt.. and a large win of $5k in one bet may seem huge at first but they almost always ignore the fact that they may have lost $10k before that one win, which makes it overall a loss..

I actually know someone who seems rich at a first glance, but behind-the-scenes they have an incredible amount of debt they're trying to fix through gambling. Like borrowing to recover the lost borrowed money - a cycle that never really ends on a positive note.
full member
Activity: 1470
Merit: 135
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From the previous weeks and months during having the pandemic outbreak which is the coronavirus, there is a lot of establishment getting close and one of these is the casino or the places where we love to play gambling. From my perspective, I think some of the people will play gambling and some are not. It just a 50/50 decision. Let's take a look, first to the people does not want to play gambling first. Some of them does not want because after the virus are gone or all of the people getting cured the virus can mutate again if there is some smaller amount and this it can infect again too, some of them will not play for a while in just a week or a month to make sure there is no virus spreading again.  To the people does want to play gambling some of them will go into the coming opening casino because they want to play immediately and some of them want to earn more that is didn't expect on their calculations to earn some of them has a daily or weekly quota. Still, it depends on the casino if they want to open immediately or make a disinfect to their places first.
full member
Activity: 1190
Merit: 117
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.
hero member
Activity: 1834
Merit: 523
I believe they can recover easily because gambling casino are earnings millions dollars everyday and for sure they did not bankcrupt because their only investment or the money they invest to the place and machine is they get already profit.

Once the lockdown is end they can recover their business fast but depends to the business is gambling casino for sure they can get more profit again.
full member
Activity: 2100
Merit: 174
That's a wrong Ideas for anyone who tend or think he can make huge funds from establishing gambling platforms as a source of living. Though you profit from establishing gambling platforms but that's not an experience to success. We have seen many gambling platforms that's never see the light of the day because of regulations from the jurisdiction they belongs. Some countries still remains negative to gambling platforms because of its negative effects.
hero member
Activity: 2800
Merit: 595
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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.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
I don't think that governing bodies would prioritize gambling industries when the quarantine is over, they will still prioritize minimum influx of people to prevent mass gathering and possible continuation in infection chain. Especially sports gambling, people would not try to gather at one place altogether because I hope that they have a common sense that the contraction of the virus in gatherings could cause another outbreak. I do not think that entertainment industry will be prioritized by the government as a whole, maybe television industry will have the go signal. The businesses that will surely be prioritized are office types and construction businesses.
sr. member
Activity: 644
Merit: 364
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Perhaps, there will be more adjustment that will happen especially to have more time in locking down sports games such as boxing, basketball and soccer. What I mean is that, after the lock down, I believe that government will not allow these establishments or businesses to operate right ahead, as they will consider allow businesses that are focused to provide necessities of the people. It might take another months and when governments made sure that the pandemic is completely eliminated, sports betting will be allowed. For now, I find Esports to operate despite of this crisis, but traditional sports with physical contact doesn't have even a small chance to be live in air so sports betting on these sports will not be available.
sr. member
Activity: 1120
Merit: 272
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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.
I think the Food industry and medical is the first who will Get back and recover from this one and gambling will be to follow because people have no Money now to gamble and they are prioritizing their family needs and will run until after this pandemic.
Most likely they'll get back up in no time since a lot of gamblers are looking forward on several leagues to resume as soon as possible and it's a way for gamblers to forget these rough times. It's also possible for some casinos to struggle because even if they're making profits it could be way less than the others. I think the key part for casinos would depend on how people would react once the lockdown is lifted since each country won't be having the same level of severity.
while gamblers are looking for sports to come back but the problem is if they are capable to bet?since all of resources has been spend because of quarantine and only those who has work from home can afford to still haev some extra money.

Besides sports betting and gambling casinos, there are some other businesses that should've prioritize by the government and these are the stock market, agricultural sector, and medical industry. There are the two vulnerable in this pandemic and as the pandemic is still active, people can't go to work and have money to afford their necessities in their daily lives.

I think that all of the businesses are affected by the virus but the first businesses that will recover is the medical industry and food industry that supplies our goods during quarantine. As they are producing a lot of goods, they also benefits and have a profit based on the budget of the government that have been allocated to it just to buy their stocks and distribute it in its community.

We can't see how the government is doing all its best just to fight this virus and take care of its people. Gambling and sports betting is not really an important thing during this quarantine, probably the online gambling casinos will be down and back to its normal state when the quarantine has lifted.
sr. member
Activity: 1400
Merit: 269
People will sure buy essentials and food especially toilet paper so i think the first businesses that will recover from loss in income are groceries and pharmacies. Also most people has no money and jobs because of the quarantine, so my expectations in gambling casino's such as in Las Vegas will be vacant and empty.
hero member
Activity: 2156
Merit: 803
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No, I do not think so.

I think Medical business will be the first to go up as people will flock to get the vaccine. The next business will be related to food and beverage as a lot of stores are still not operating globally.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform
You should first wonder whether people will have the money to play at casinos after this pandemic Wink It looks more like we're going to barely have money for our essential needs, casino gambling may temporarily become a luxurious activity..

If our financial situation's going to be okay, sure! The casinos will be the first to recover. Otherwise, they won't earn much from us if we won't even have money to begin with.. Cheesy

They have money. Most of the gamblers in the casino are rich and just gambling for fun. Actually they are barely affected by this pandemic since they have a lot of cold cash in the bank. Yes, there businesses are currently freeze but they will not suffer major loss since there is no law for mandatory giving salary for there employee.

Additional note: Most of gamblers are Chinese all over the world and the current condition of China against pandemic was already clear. Therefore gambling industry can recover immediately after this pandemic unless the President itself didn't allow them to operate which is the right decision to help people.
member
Activity: 1358
Merit: 81
Gambling companies are currently one of the most affected due to Covid19 and for the resumption of their activities, there is no scheduled date. But what is certain is that the President of the Federal Reserve, Jerome Powell, has said that they will support small and medium-sized companies by granting loans at almost zero rates and that they will be vigilant to support the boost of the economy.

Fed Will Leave Rates At Zero As Powell Vows Continued Aggressive Action To Prop Up Economy

https://www.forbes.com/sites/sarahhansen/2020/04/29/fed-will-leave-rates-at-zero-as-powell-vows-continued-aggressive-action-to-prop-up-economy/#42f68ef8557d


hero member
Activity: 2744
Merit: 588
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.
The gambling casinos and the hotel industry will suffer the most than other markets as no one will risk to go out even after the situation is under control and it will take some time to see everything going to normal, then the job losses during this time will have a rippling affect in the industry and with countries printing more money we can expect inflation and that will have a toll on the economy.

If this pandemic would really last for long and the vaccine wont be made anytime soon then we should expect for this kind of action
to be made by the government because it wont really have any other choice if situation becomes worst.The only business i do see now which
are very profitable are those supermarkets  Grin

We would definitely see some recovery and we cant expect that there would be an on point going back-to-normal situation.
The effects can really be seen and needed to be coped up.

Yes, food establishments as well as supermarkets will be the first to recover as the food of course is the priority of people.
Though I guess gambling casinos can easily go back into business but expect less people in physical casinos.
It will take time for them to return to normal operations and with regards to sports betting, this will take time as a lot of sports are still canceled and re-scheduled to next year.
The usual daily earnings of physical casinos will not be the same as compared before the pandemic.

hero member
Activity: 2688
Merit: 540
DGbet.fun - Crypto Sportsbook
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.
The gambling casinos and the hotel industry will suffer the most than other markets as no one will risk to go out even after the situation is under control and it will take some time to see everything going to normal, then the job losses during this time will have a rippling affect in the industry and with countries printing more money we can expect inflation and that will have a toll on the economy.

If this pandemic would really last for long and the vaccine wont be made anytime soon then we should expect for this kind of action
to be made by the government because it wont really have any other choice if situation becomes worst.The only business i do see now which
are very profitable are those supermarkets  Grin

We would definitely see some recovery and we cant expect that there would be an on point going back-to-normal situation.
The effects can really be seen and needed to be coped up.
hero member
Activity: 1302
Merit: 532
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.
The gambling casinos and the hotel industry will suffer the most than other markets as no one will risk to go out even after the situation is under control and it will take some time to see everything going to normal, then the job losses during this time will have a rippling affect in the industry and with countries printing more money we can expect inflation and that will have a toll on the economy.
hero member
Activity: 1750
Merit: 589
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.

This pandemic is consuming people's resources to sustain the necessities they need to be able to survive and keep themselves safe from the effect of the virus so I doubt that people who are into playing in gambling casinos and sports betting will tend to get back into business after this pandemic because surely they will think first of recovering their losses from this pandemic due to the reason that no work outdoors is allowed because of the implementing lockdown on the areas affected by the virus. It will take quite some time for the recovery to come for the lives to get back in normal state so with playing gambling as well. Every businesses affected by the pandemic will start again from the bottom so it will really take quite some time before they can recover and tend to play gambling on casinos.
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