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.