Gambling Business That Survives when a Crisis

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: Clark05 on April 08, 2020, 09:11:54 AM

Those owner of the casino are don't have choice to closed or stop operating because that is from the government.

Unfortunealy they have to close business if the government asks them to. But the thing is that owners and investors need not worry since they are already rich as anything.

Quote

Online gambling owner are happy for sure it because most of the player play to their gambling site.

Not exactly. You have to understand that in order to run an online site you need to have land based developers, support teams and other humans involved in it. These people need to work as well. So if there is a lockdown and they can work from home then its good. But this leads to a lot of logistical problem to the team. Still it is possible to run the site like this.

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There is a lot of advantages of playing online than old gambling.

That is the wrong way of thinking. There is both advantages and disadvantages. Learn to look at things from both sides of the spectrum. Wink

michellee

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Quote from: Twinkledoe on April 08, 2020, 07:13:26 AM

Quote from: michellee on April 08, 2020, 12:54:49 AM

I don't think the internet will die, but I am sure the internet will evolve to something better than today. I don't know about those projects, but if the project can help many people, then that project will grow like the other project. I agree that all businesses which use the internet as their way to promote or grow their business will have a chance to become bigger because they will have a large potential customer who will use their services. That will happens too with the gambling business.

Online business has a lot of benefits that it can offer to its clients. One is they can be accessed anywhere at anytime of the day at the comfort of the customer. Unless the client has no internet connection or the website is down, which happens rarely. And so with online gambling business, you can see their advantage like in this situation we are having. And since in the coming years, internet will just be a norm to almost everyone in our planet, online businesses have great opportunity coming at their doorstep.

I guess that this year will be a good year to see that the business will have a new form in the online business which will attract or invite offline businesses to try to expand their business on the internet. Almost all people out there know about the internet, and sometimes they are smarter than the other people. So that can help them to try to sell their product using the internet. And I think that can be a new trigger for local gambling places to try to use the internet to launch their brand business using their website to attract more gamblers to play on their new website.

Chrystora123

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Omicron is another FUD

Quote from: ampere on April 05, 2020, 03:13:13 PM

I think all gambling business that has online virtuals (horse race, dog race, virtual leagues, number gambling, colors e.t.c) do have lots of tendencies to survive this crisis.
And likewise, gambling business without an online game feature will also survive, the pandemic won't be forever, could just experience debts.

AC vs Inter virtual derby match
MotoGP™ Virtual Race #2
Virtual matches are the best done now (in PANDEMIC crisis conditions), most likely this is the future of sports matches. let me know if there is a bookie from this match Cheesy

Reid

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Quote from: Lucasgabd on April 06, 2020, 05:43:26 PM

can't all the rl casinos just adapt to online due to the crisis?

I suppose is not that simple, right?

but this will make them (and actually pretty much all business) realize the importance to have online presence and a possibility of scaling their business or at least moving part of it to the digital world.

Yeah it is not that simple.
They are not made for that.
It will be a lot of work to make it online.
Even when they do it with live streaming it will be a problem or a risk if they will really have the same amount of customers/gamblers as it is with live playing.

The risk of spending more than just waiting for the pandemic to slowly disappear.
Also, they will need employees for it which will be another problem and another expense for test kits.

blockman

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Quote from: Lucasgabd on April 06, 2020, 05:43:26 PM

can't all the rl casinos just adapt to online due to the crisis?

I suppose is not that simple, right?

but this will make them (and actually pretty much all business) realize the importance to have online presence and a possibility of scaling their business or at least moving part of it to the digital world.

Yes, that's not simple. If they will apply that, the next time that they will be open it will reduce their visitors and customers because everyone would just love to stay at home and gamble, same as we do. They are aware of the online competition and it's better for them to remain in their side of being a physical casino, they can provide support for the meantime but there will be consequences that they might not expect whenever they do business online.

Clark05

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Quote from: CarnagexD on April 06, 2020, 10:23:17 AM

If you are like a gambling casino the pandemic outbreak really hits your business because you don't have customer because getting afraid about the virus and also there is a rule about social distancing that you need to have one meter away to the nearest people on you, but if you have an online casino or gambling website it is your chance to make more because the people today want to go to the gambling casino so they can make online gambling at their houses they can now play a lot of time and also they will now more comfortable because they don't need to go outside also there is no too much pressure cane from the audience and also the game so it is chill to play.

Those owner of the casino are don't have choice to closed or stop operating because that is from the government.
Online gambling owner are happy for sure it because most of the player play to their gambling site.
There is a lot of advantages of playing online than old gambling.

Twinkledoe

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Quote from: michellee on April 08, 2020, 12:54:49 AM

Quote from: Chrystora123 on April 07, 2020, 06:45:30 AM

Quote from: TopT3ns on April 07, 2020, 05:04:17 AM

Quote from: michellee on April 07, 2020, 02:02:36 AM

Quote from: Lucasgabd on April 06, 2020, 05:43:26 PM

snip..

this is interesting.. and actually this kind of fear (the internet will die, cut off one day) has appeared in some great thinkers like Elon and other great thinkers. Elon through his SpaceX with Project Starlink & Mark Zuck with his ambitions. so I think the possibility of the internet going to disappear in the future is small. online casino/the like and all online businesses that use the internet are eternal.. cmiiw

I don't think the internet will die, but I am sure the internet will evolve to something better than today. I don't know about those projects, but if the project can help many people, then that project will grow like the other project. I agree that all businesses which use the internet as their way to promote or grow their business will have a chance to become bigger because they will have a large potential customer who will use their services. That will happens too with the gambling business.

Online business has a lot of benefits that it can offer to its clients. One is they can be accessed anywhere at anytime of the day at the comfort of the customer. Unless the client has no internet connection or the website is down, which happens rarely. And so with online gambling business, you can see their advantage like in this situation we are having. And since in the coming years, internet will just be a norm to almost everyone in our planet, online businesses have great opportunity coming at their doorstep.

michellee

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Quote from: Chrystora123 on April 07, 2020, 06:45:30 AM

Quote from: TopT3ns on April 07, 2020, 05:04:17 AM

Quote from: michellee on April 07, 2020, 02:02:36 AM

Quote from: Lucasgabd on April 06, 2020, 05:43:26 PM

snip..

this is interesting.. and actually this kind of fear (the internet will die, cut off one day) has appeared in some great thinkers like Elon and other great thinkers. Elon through his SpaceX with Project Starlink & Mark Zuck with his ambitions. so I think the possibility of the internet going to disappear in the future is small. online casino/the like and all online businesses that use the internet are eternal.. cmiiw

I don't think the internet will die, but I am sure the internet will evolve to something better than today. I don't know about those projects, but if the project can help many people, then that project will grow like the other project. I agree that all businesses which use the internet as their way to promote or grow their business will have a chance to become bigger because they will have a large potential customer who will use their services. That will happens too with the gambling business.

KrisAlex18

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There are so many gambling websites that are now being played by many gamblers especially those gambling wesbite such as lottery, roulettes, dice, etc. There is no more e-sports betting because there are so many postponed sports right now because of the virus to prevent the risk of spreading it. To all gamblers out there play stay at home, help our world to kill this virus by not going outside and staying at home.

You may try other online gambling, there are still a lot of available online, but always be wise when choosing one because there are a lot of scammers in gambling websites.

Chrystora123

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Omicron is another FUD

Quote from: TopT3ns on April 07, 2020, 05:04:17 AM

Quote from: michellee on April 07, 2020, 02:02:36 AM

Quote from: Lucasgabd on April 06, 2020, 05:43:26 PM

snip..

indeed for now the internet has become a necessity that has become mandatory for all technologies that have evolved to use the internet because it has moved in the digital field meaning that if there is no internet then the digital world will collapse and may return to the stone age where there is no internet at all this might happen when the apocalypse.

this is interesting.. and actually this kind of fear (the internet will die, cut off one day) has appeared in some great thinkers like Elon and other great thinkers. Elon through his SpaceX with Project Starlink & Mark Zuck with his ambitions. so I think the possibility of the internet going to disappear in the future is small. online casino/the like and all online businesses that use the internet are eternal.. cmiiw

TopT3ns

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Quote from: michellee on April 07, 2020, 02:02:36 AM

Quote from: Lucasgabd on April 06, 2020, 05:43:26 PM

can't all the rl casinos just adapt to online due to the crisis?

I suppose is not that simple, right?

but this will make them (and actually pretty much all business) realize the importance to have online presence and a possibility of scaling their business or at least moving part of it to the digital world.

No, it's not as simple as we think, especially if they don't know anything about the internet. But they can try to hire some programmers, ask them to build the new gambling site from scratch, promote it using social media, and they are good to go. But that is a great idea to ask them to try to use the internet as the second place for their member to still playing gambling. I think some of the casinos already think about that and they need to research more, and if they are open-minded with the technology, then I think that will be possible to them to have the gambling website like the other gambling site.

indeed for now the internet has become a necessity that has become mandatory for all technologies that have evolved to use the internet because it has moved in the digital field meaning that if there is no internet then the digital world will collapse and may return to the stone age where there is no internet at all this might happen when the apocalypse.

michellee

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Quote from: Lucasgabd on April 06, 2020, 05:43:26 PM

can't all the rl casinos just adapt to online due to the crisis?

I suppose is not that simple, right?

but this will make them (and actually pretty much all business) realize the importance to have online presence and a possibility of scaling their business or at least moving part of it to the digital world.

No, it's not as simple as we think, especially if they don't know anything about the internet. But they can try to hire some programmers, ask them to build the new gambling site from scratch, promote it using social media, and they are good to go. But that is a great idea to ask them to try to use the internet as the second place for their member to still playing gambling. I think some of the casinos already think about that and they need to research more, and if they are open-minded with the technology, then I think that will be possible to them to have the gambling website like the other gambling site.

goinmerry

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Quote from: Darker45 on April 01, 2020, 10:26:34 PM

Quote from: goinmerry on April 01, 2020, 06:59:37 PM

Lottery business will survive? I doubt so.

I can only speak about my country's lottery business. I guess it will survive through this storm. The lottery business has a lot of money. They have millions and millions in its coffers. Right now, there may be no income flowing in and the charity expenses are still flowing out, but then with things being temporary, they can easily manage to do with whatever amount they have until the suspension of draws are lifted.

I understand your point but what I'm saying here is, lottery business will not survive given the current situation. I agree that they have the ability to come back anytime. I'm talking with the lotto regular operators, the usual businessman, and not the lottery head itself where millions of millions of money are kept.

And take note, not all lottery operators do have millions. For them, to come back they need to pull out again decent funds to cover daily operating expenses since I doubt people will buy tickets after to what happened. The work will be tough since aside from daily quota that must be remit to the government, they now need to pay for monthly rents and salaries. In other words, and again, lottery will not survive but as time goes, they can recover.

Quote from: Darker45 on April 01, 2020, 10:26:34 PM

Online lottery, I notice, is not that attractive. I agree that people tend to prefer the manually-drawn lotteries rather than those online ones.

Yes, I agree with you.

Maybe the convenience too of placing bets is what other people want especially those who aren't an enthusiast of making an online account and be digital all the time.

Lucasgabd

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There's no need to be upset

can't all the rl casinos just adapt to online due to the crisis?

I suppose is not that simple, right?

but this will make them (and actually pretty much all business) realize the importance to have online presence and a possibility of scaling their business or at least moving part of it to the digital world.

dunfida

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Quote from: Yatsan on April 06, 2020, 10:27:14 AM

Quote from: Question123 on April 06, 2020, 10:04:18 AM

But for the online gambling business this is the opportunity for them to become popular to the other player who did not that they have online gambling. Maybe once a traditional player of the offline casino play at online because of the lockdown after this they are going to play more online than the traditonal.We know there is more advatanges because you did not travel to go to the place of the casino or you can play at home.

Lot of people that are used to traditional gambling will begin to look for alternate, and that's when online gambling will takes place. More people are going to discover it, and more people are going to be aware that cryptocurrency is the best way to gamble online, additionally, people will discover no hassle gambling and lot of people will gonna benefit on that including as gamblers and traders.

Online gambling business are going to do great in this kind of this situation.

It depends because if you do try to search up for online gambling sites or on a simple google search then you would end on finding typical fiat online gambling sites listing ex. https://www.casino.org/gambling/

So we cant totally say that people would end up on cryptocurrency yet we know that using fiat online or transactions been existing for too long.So they would either end up on
playing on a crypto gambling site or a typical fiat gambling site.

Overall, in times like this where online businesses will surely survive.

blockman

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Quote from: peter0425 on April 06, 2020, 09:46:01 AM

Quote from: blockman on April 06, 2020, 09:22:38 AM

We have esports tournaments that are being made up to this moment. The tournaments doesn't have to be in any physical location but can be done online and I'm even witnessing that this is a great solution, actually not a solution but they have been doing this ever since.
With their qualifiers.

Can you name some of these tournaments ?because as far as i know almost every Legal Tournaments has been cancelled because even if its Online there are still physical needs for the legitimacy of the game because if this will only be made Online then there can be cheating that might happen along the game so give us some games and we will check of its legit.

For CSGO there is this ESL Pro League Season 11.
For Dota2 there is this ESL One LA converted to an online tournament. This tournament is actually a LAN tournament or which by means have a crowd audiences to watch but they have cancelled it because of the threat of the virus.

Yatsan

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Quote from: Question123 on April 06, 2020, 10:04:18 AM

But for the online gambling business this is the opportunity for them to become popular to the other player who did not that they have online gambling. Maybe once a traditional player of the offline casino play at online because of the lockdown after this they are going to play more online than the traditonal.We know there is more advatanges because you did not travel to go to the place of the casino or you can play at home.

Lot of people that are used to traditional gambling will begin to look for alternate, and that's when online gambling will takes place. More people are going to discover it, and more people are going to be aware that cryptocurrency is the best way to gamble online, additionally, people will discover no hassle gambling and lot of people will gonna benefit on that including as gamblers and traders.

Online gambling business are going to do great in this kind of this situation.

CarnagexD

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If you are like a gambling casino the pandemic outbreak really hits your business because you don't have customer because getting afraid about the virus and also there is a rule about social distancing that you need to have one meter away to the nearest people on you, but if you have an online casino or gambling website it is your chance to make more because the people today want to go to the gambling casino so they can make online gambling at their houses they can now play a lot of time and also they will now more comfortable because they don't need to go outside also there is no too much pressure cane from the audience and also the game so it is chill to play.

Question123

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But for the online gambling business this is the opportunity for them to become popular to the other player who did not that they have online gambling. Maybe once a traditional player of the offline casino play at online because of the lockdown after this they are going to play more online than the traditonal.We know there is more advatanges because you did not travel to go to the place of the casino or you can play at home.

peter0425

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Quote from: blockman on April 06, 2020, 09:22:38 AM

We have esports tournaments that are being made up to this moment. The tournaments doesn't have to be in any physical location but can be done online and I'm even witnessing that this is a great solution, actually not a solution but they have been doing this ever since.
With their qualifiers.

Can you name some of these tournaments ?because as far as i know almost every Legal Tournaments has been cancelled because even if its Online there are still physical needs for the legitimacy of the game because if this will only be made Online then there can be cheating that might happen along the game so give us some games and we will check of its legit.

Topic: Gambling Business That Survives when a Crisis (Read 750 times)