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Topic: Do you think sport betting and gambling casinos are the first business to get up (Read 515 times)

hero member
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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
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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: 1932
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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: 2520
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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
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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: 1666
Merit: 629
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
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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: 3332
Merit: 1191
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: 2688
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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
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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
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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
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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
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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.
hero member
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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
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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
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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
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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.



~
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
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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
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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.
hero member
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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.
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
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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.
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
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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.

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.
legendary
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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.

In most of the cases, a regular player of physical casinos is well-funded and actually rich. They will surely back on their habit once the situation eased.

However, it still depends on how hard these casino's respective areas got hit. Even everyone is eager to make a comeback in their casino gambling experience, if those casino areas were reported as one with the most confirmed Covid-19 cases, people might get worried.

I don't really see that money is a problem here since surely some have money. It can't even be used in a place that got heavily affected by the virus, especially during a total lockdown where all services are closed. Money is totally useless to these places to the point that they just saved it.

About sports betting, I see it will not take long before it gained again on its average betting percentage. As we all know, sports betting is mostly done online. Totally safe from physical interaction with other people.
legendary
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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.

They're not in a loss in terms of the current hold profit and revenue but what they lose is the supposed profit. They are even donating and able to provide help to their workers.

Meaning there's no recovery since after that all, they're not even crashed but just stopped their service.

It's like restarting again but still, the capital is intact.
full member
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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.
Online casinos are making more money due to this pandemic since people spend more time on online casinos whereas physical casinos might face losses even after this pandemic gets resolved because people will change to internet based casinos so it will be harder for them to attract the players again into their places.
full member
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It will take some time, people will have to work first and business man will have to take care of their business before they return to gambling and of course there will be a lot of government restrictions, to make sure that the Corona virus is finally gone, they will have to ask for bail out and get their insurance if they have one.
sr. member
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You should first wonder whether people will have the money to play at casinos after this pandemic Wink
Well, that is a good question here.
I agree that during this pandemic there will be no exemption regardless of the nature of business whether it is gambling or not. Online gambling may have a bit advantage than land or physical gambling for people are not allowed to go out and those people who love gambling may rather be into an online casino for now, and those who are fond of playing online gambling may spend more time on this to lessen their boredom.

Indeed, looking forward after the pandemic when the vaccine will be available and our way of living will be like before then land and physical gambling even sports betting may have a slow recovery for people might spend their time first to recover on whatever they have lost during the pandemic like going out with the family, friend or special someone. Securing assets and income might be the first priority of everyone after the pandemic but rest assure in no time people will still go back to sports betting, --physical or online casino because it is still one way for us to unwind our stress.
legendary
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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
hero member
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Sportsbook and casino will eventually grow when the pandemic is over, but they will not be the priority as they don't offer people's needs, they only offer entertainment therefore they will be the last priority, and they'll recover easily if the economy will start to boom again as people gambles only their extra money, hence they can only gamble if they are making good money from whatever source of income they have.
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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.

Apparently it will take some time, of course, and it is just like everybody else's businesses. And no matter how much we see how everyone badly wanted to go out and do their daily stuff, the fear of getting exposed would always be there. Maybe there will be few who would go back. In addition, although casino income comes from a daily basis doesn't mean they lose a lot, you know, there were orders that obliged people/companies not to pay tax for a mean while. And beside they don't even have any employee to pay off specially if their contract comes in jno work, no pay basis (as an assumption). In conclusion, if such place comes into function again, they can generate money again like they used to.
legendary
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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.

Not to be judgmental but i can say that people who've been regularly playing into these physical casinos are rich ones- not all though but majority of them are capable when it comes to finance aspect
and when the time comes that Covid is over then those business can resume directly and can easily make profits since people will surely be playing into these places again since they do have the money to play on.
For some then it would take for some time because they do need to work for them to have funds.Presuming that this situation would last 6 to 8 months will really cripple out not only gambling industry but other areas as well.
legendary
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There are two types of casinos online and physical, and in my opinion they are both experiencing the same impact, but the physical or offline are directly affected because it is one type of the entertainment industry that must stop its operations in countries that carry out regional quarantine.
Online can still run so they may experience a decrease because even though many people spend time at home but their concentration at this time is more to still have money for food.
After the pandemic is over Casino will recover but everything will go slowly because when the pandemic is finished people will focus more on recovering their economy rather than spending money on the casino.
Casino and other types of gambling can always rise again because people are still looking for it.
legendary
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Leading Crypto Sports Betting & Casino Platform
This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.

is still an estimate, it may probably last more than 6 to 8 months until there is a vaccine

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.

honestly speaking, in my opinion offline casinos will suffer a lot from this situation that the world is facing because they will need to wait for the vaccine to be ready and for everyone to have the vaccine to start operating 100% and have the side of financial power that people are going to have, for example concrete, currently many companies are closing and many people are losing jobs and it is obvious that if many people are losing jobs then many people will not have the money to go to offline casinos and this will cause a reduction in casino revenue
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Honestly, people need to get back what they've lost by doing their own respective job before thinking of going to a gambling den. After this pandemic, most people are going to their own works and need to check everything that they've missed these past months of no work. Of course, they need to make up what they've lost before thinking to go somewhere else. so the answer is probably no, cause the first industries to get up are the one that people mostly needs.
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I am not sure it sports betting will recover quickly after the pandemic.
Because the pandemic made reality set in right before us.

Club football are down, finances are low, mental health will struggle and with several days into lockdown, gambling seems to be out of the equation at the moment.

But couple of week's after football and sports had found reaosns to excel and resume, gambling will rise with it
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Guess you mean it "could" last for 6 to 8 months.
im also confused with it   . because 6 to 8 months more are too long and i think we can already recover just before we hit those numbers  . we just need to think positive and always follow the protocol given by us

Quote
Well I don't really know about Gambling casino businesses,but good/safe betting businesses should flourish if they are needed by people and are safe for them. Betting on things are actually very important to society than people think.
of course they need to do that  . flourish means clean the area and fix some issue right   ? thats what you mean  ?   .  betting or gambling isnt really that important but there are more important things in persons life   .  however to some good at gambling they can label gambling as important part of thier life .
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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.

Food industry and medical? They are the most profitable sector right now because of the pandemic and they have a lot of budget for that because the government prioritized them. I think agricultural sectors are one of the business that will go up because the supply of necessities like food and other things will become in demand.

Medical industry is stable I think because they still got profit even if there is a pandemic, they are the one who are still working because their duty is to serve people and still the hospital is making money because of the patients. Hoping that our healthcare workers are still healthy and safe from the virus even though they are our frontliners who are at risk.

Online gambling will not that boom compared to other industry because people have no money due to the community quarantine that makes them unable to go to work because of the risk of getting the disease. They aren't able to have salary because businesses are closed for the safety of the workers and customers.
legendary
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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.
6-8 months?? I might disagree with what you said unless you share a legit source where you read this. Base on what I've read on line, the estimated time frame before a cure can be made is between 12-18 months. Even though there are many cures that are being developed right now, it will undergo many clinical trials that will take for months before it will go public to be sold. As long as there is no cure for COVID19, there is no specific time when the pandemic will last.

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.
Think of some scenarios:
1. Even though casinos will go online, gamblers will think twice before they will go there because there is still risk when they go to a place where it is crowded. A single host can infect many people already so the risk is still there therefore, a gambler will think again if they will go to a casino or they will prefer to just gamble online.
2. Most of the countries right now are in a lockdown. Most of the business have been closed therefore, most of the people right now doesn't have any income. Where can they get the funds they will use for gamble? For me, they will think first that their family and their needs are more important than gambling.

Overall, there are more better business to get up than this. Food and manufacturing business are the ones who go up first rather than this. Even though casinos will open, only few who have the balls to go there will gamble for sure because that is the new normal already.

One thing more is sports betting will depend on the events. What if there are no or only few events will be done then only few will gamble.
Ucy
sr. member
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Guess you mean it "could" last for 6 to 8 months.
Well I don't really know about Gambling casino businesses,but good/safe betting businesses should flourish if they are needed by people and are safe for them. Betting on things are actually very important to society than people think.
hero member
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I don't think it's the gambling industry though, sports betting is a big business but it all depends on the willingness of the people to gamble, once we are in crisis, we are short in cash as our income is not that good, so I think if ever we have a chance to gamble, we won't be able to bet as usual as we do in the past, hence that would decrease the profit of the sports book or any gambling sites.
legendary
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I think the online casinos will be the one business who will feel less and less impact from the crisis.In this time people staying at home will be more prone to play gambling.Sport betting also will not feel a whole lot of the pandemic effect as we are near the end of major leagues and in summer very few sporting events are played.

The only one who will be hit are physical casinos as people will be afraid to go there even when the pandemic finishes.The fear I think will continue to exist for sometime after the end of the crisis.
sr. member
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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.
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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.
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 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
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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
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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
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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 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
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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
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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'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.
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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
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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.
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