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Topic: Do you think sport betting and gambling casinos are the first business to get up - page 4. (Read 493 times)

member
Activity: 294
Merit: 13
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I don't think that it would really be the first business to get up since people would focus on something far more important than their vice.
For me the first to get up are the food products or food business process meat and other important things for our daily lives.
full member
Activity: 1750
Merit: 118
 that is if your talking mainly on offline casinos but on online casinos thier business still on going and infact they are now earning alot  . how did you know that the pandemic will last for 6 to 8 months   .

 i think this will only differ depending on the progress of creating cures and also depend on the cooperation of the people   .  offline casinos can also be the first to get up because people are pretty much excited to play them once the pandemic is gone  while some would work first to have a capital 
hero member
Activity: 2912
Merit: 556
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I cannot say that the gambling casino business will recover as soon as possible after this pandemic end. Every company will need to have a report of their business during the pandemic, so when the pandemic ended, they can know what is need to recover fast. The casino needs to search for a new employee if they don't want to call their old employee. The casino needs to prepare for at least a month or two months to make sure everything is ready to run.

That will happen too in the other business. As soon as every company can be ready in a short time, they will try to recover step by step because this pandemic takes its business without a chance.
legendary
Activity: 3290
Merit: 1901
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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.
full member
Activity: 2408
Merit: 202
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 don't see any News that assures that pandemic will end in 6-8 months
Where did you get that idea mate?
I can't say that gambling will recover first because people after this Virus
infection happens for sure will focus in looking for funds
as there are many bills and priorities to pay so Gambling will be the last that will
come to their mind Unless we are talking about
gambling addict that will be the first to run in casino houses before going in their offices.
legendary
Activity: 2576
Merit: 1860
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.
legendary
Activity: 3080
Merit: 1353
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'm assuming that you are talking about physical casinos. There are a lot of billion dollar worth of physical casinos around the world, but probably those who have existed for the last 5 years or so could have made up lot of profits already so let's just say that they are still in the positive side even if this pandemic continue to last for at least half a year. Of course, but just like any other business though, you need to have a sustainable growth. So it ever this pandemic is over, physical casino's might start to market new strategy to attract gamblers again, so probably they can recover very fast as we all know that gambling is part of human history already. People will continue to gambler no matter what.
hero member
Activity: 2030
Merit: 578
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I don't think that the gambling casino business itself will be at lose here instead those workers that has been affected by the pandemic will be. If they open and people flock again they'll probably be on profit again but this workers that has experienced "no work no pay" and probably have debts because of the longer lockdown may work just to pay for it.

I think they will be in profit again if they open because those gamblers will get back too even if they go back on their own works. Gamblers gonna gamble.
legendary
Activity: 3346
Merit: 1214
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.
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