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Topic: Gambling Business That Survives when a Crisis - page 2. (Read 750 times)

hero member
Activity: 3066
Merit: 629
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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.
sr. member
Activity: 644
Merit: 364
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E Sports could actually continue operating despite of the current world situation right? Because most of the time, people are locked down to their houses, and they are mostly playing video games and mobile games such as mobile legends, Lol, Dota 2 and etc. This means that if a game is proven to be hack free, they can host online tournaments for people especially like us to bet and put our funds into. Well, in just simply asking your friends about gambling online through playing an online match is possible because of cryptocurrency. Why not make it happen for real? It need not to be official.
copper member
Activity: 475
Merit: 251
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Funny, bit Macau itself is not really full of people when you go outside, 8 months a year its too hot to be outside and any way, most of the visitors to the main avenue, are indoors in the hotels, malls and casinos. Remember my visits there, it is a ghost city Smiley

But yes in general, no land based casino %250 increase in Online, strange times indeed.

Keep safe
hero member
Activity: 2912
Merit: 556
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If the crisis happens in one country, perhaps, the event will still continue because the other country is not getting the effect. But we talk about the pandemic that occurs in almost country.
Indeed, so for sure the Sin City which is Las Vegas is now out of operation. Too bad for the businesses around that area not only casinos but other amenities as well including hotels and restaurants. While on the other side of the globe, I guess Macau is doing great right now despite of the pandemic since they only got 44 cases with 10 recovered and 0 deaths Shocked. Amazing, isn't it?! So I will not get shocked if they're businesses is in regular routine

I can't imagine how that city now, perhaps, that city will look like a ghost city that we know. But that is what the government takes rather than to see the increasing number of people who will get infected.

I feel that it is so impossible to know that in Macau, they can recover people, well perhaps, heal people is possible, but they have zero deaths number. How could it be? That makes me suspicious about the spreading of the virus as we know Macau is the largest place of gambling, land of gambling. But nevermind, let the government work.
hero member
Activity: 2254
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If you look in cities that are built upon gambling, such as Las Vegas or Atlantic City you will notice that the towns are ghost towns and basically shut down. The casinos wont survive if they stay closed for 6 months without government aid and neither will the businesses that thrive from the casinos being busy
But I guess these casino houses earned enough to survive a long month business closure right? Probably 80% to 90% of businesses are closed due to the pandemic that we are all aware of, coz who does not? A caveman right. These casinos are pretty big houses, these are the casinos that was built to gain half of the city's money. Every town is a ghost town right now and I guess the best to be an alternative is an online gambling platform if you really want to gamble amidst the threat of the virus.

That's where you are wrong. It is estimated that casinos just in AC will lose 1.1 billion because of this. When they were closed for 3 days 10+ years ago they lost 55million.


I saw it on a newspaper headline when I was buying toilet paper,  lol
sr. member
Activity: 2506
Merit: 368
The gambling businesd that will survive during crisis like this time like corona virus is online casino. Some events are affected by the corona virus and being cancelled because of it. If the crisis is on one country only then there will be events going on. Some may need to save some money for daily supply and would only gamble small amount.
Luckily the internet is working but what if there is something like this(pandemic) in the future? Where the frontliner can't fo a single thing because it's impossible? But anyway I don't think something like that would happen in the future not unless there's a mad scientist who will unleashed a deadly virus just to end the humanity.

We are still lucky that this pandemic is not that serious since it can be avoided just by staying away with a crowded places.
hero member
Activity: 2366
Merit: 594
There are tons of business' that survived from this crisis. Food business for example wasn't really one of them, it is always said that food business will always thrive no matter what the conditions are, nowadays we see that its not true.

We have a place we rent and there a guy makes foods for companies, ready made food that you just serve to your employees everyday, cheaper than building a whole kitchen and hiring cooks and so forth, cheaper than giving them extra money for food, basically cheapest available option to feed your employees without spending too much money. That dude couldn't pay his rent this month, why?

Because, the people he works with also closed shop and declines to pay as well and doesn't want the food since everyone is at home. Gambling is not like that, online gambling will survive even if there is a nuclear war going on outside because in some parts of the world there will be some safe people who will continue gambling.

Most businesses are strugling right now. Even Food businesses with the lockdown suppliers are not allowed to travel even supermarkets have limited number of items each can buy. This pandemic had hit each countries economy real hard not just the gambling sector, but the whole sector. It all depends on the government's measure how thwy will handle the spread, people's panic, scarcity of supply.
legendary
Activity: 3318
Merit: 1128
There are tons of business' that survived from this crisis. Food business for example wasn't really one of them, it is always said that food business will always thrive no matter what the conditions are, nowadays we see that its not true.

We have a place we rent and there a guy makes foods for companies, ready made food that you just serve to your employees everyday, cheaper than building a whole kitchen and hiring cooks and so forth, cheaper than giving them extra money for food, basically cheapest available option to feed your employees without spending too much money. That dude couldn't pay his rent this month, why?

Because, the people he works with also closed shop and declines to pay as well and doesn't want the food since everyone is at home. Gambling is not like that, online gambling will survive even if there is a nuclear war going on outside because in some parts of the world there will be some safe people who will continue gambling.
full member
Activity: 1246
Merit: 116
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.
hero member
Activity: 2156
Merit: 575
 It is getting easier and easier to build a casino nowadays, I still think that it is not easy to compete with other people. The reason why it is getting easier is not just because there are now codes available everywhere, you can literally build a slot machine website under 100 dollars everything included (hosting and domain too) and you would be ready to go but that is not the only reason, the fact that people have been developing online casinos for decades now and there has been a lot of crypto casino developers as well, that means there has been a surge of talent, nobody can deny that there are a lot of talented crypto casino developers around nowadays and that causes for them to get more and more jobs which results with more and more casinos.

 Which means during a crisis or not during a crisis, it is a hard damn job to open one up and that is why I honestly think people should be focusing more on the disadvantages of running an online casino rather than the advantages.
sr. member
Activity: 1512
Merit: 316
Online gambling and e-sports are the bost option since the quarantine had been implemented most Casinos and even sports events are closed and cancelled. This pandemic had hit gambling industry real hard since the only option gamblers have is to play online casino for the mean time.

In this quarantine time I am sure the online gambling sites would have seen a huge surge in their users online as compared to last month. Surely many would have switched to online now especially those who want to while the time and cannot stay away from gambling. Unless people have stopped it considering that recession is in and better to save money now then it is different story.
hero member
Activity: 2156
Merit: 803
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The gambling businesd that will survive during crisis like this time like corona virus is online casino. Some events are affected by the corona virus and being cancelled because of it. If the crisis is on one country only then there will be events going on. Some may need to save some money for daily supply and would only gamble small amount.
Online casinos will increase their revenue at this time since most of the gamblers who are gambling in casinos will gamble now online.

However, I think of 2 things that may affect it.
1. What if the gambler doesn't know how to gamble online? He will choose not to gamble online then instead of gambling online where he doesn't know how to do it (not computer-techy gambler).
2. Some of the gamblers right now choose to spend their money to buy some supplies than to spend it in gambling. The virus has been spread worldwide already and some of the countries are in a lockdown already. There are some people who can't go out like they are usually doing and some of them can't go out to work.

If you want to survive to this crisis, it would be better if you think twice before spending your money and as always take care always and don't go out if it isn't important.

Ideally in this time of crisis surviving is more important than gambling. Saving money is the ideal solution but, ideal situation does not exist in the real world. Thise who are addicted are still busy gambling their money to kill boredom.

It is not that tough for anyone to understand online gambling the rules are the same only the scenario changes. I do not thing online gambling will be an issue for anyone who knows how to use the computer.
legendary
Activity: 2576
Merit: 1043
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The gambling businesd that will survive during crisis like this time like corona virus is online casino. Some events are affected by the corona virus and being cancelled because of it. If the crisis is on one country only then there will be events going on. Some may need to save some money for daily supply and would only gamble small amount.
Online casinos will increase their revenue at this time since most of the gamblers who are gambling in casinos will gamble now online.

However, I think of 2 things that may affect it.
1. What if the gambler doesn't know how to gamble online? He will choose not to gamble online then instead of gambling online where he doesn't know how to do it (not computer-techy gambler).
2. Some of the gamblers right now choose to spend their money to buy some supplies than to spend it in gambling. The virus has been spread worldwide already and some of the countries are in a lockdown already. There are some people who can't go out like they are usually doing and some of them can't go out to work.

If you want to survive to this crisis, it would be better if you think twice before spending your money and as always take care always and don't go out if it isn't important.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
Online gambling and e-sports are the bost option since the quarantine had been implemented most Casinos and even sports events are closed and cancelled. This pandemic had hit gambling industry real hard since the only option gamblers have is to play online casino for the mean time.
A big loss for the gambling industry as major volume of money are coming from physical casino I guess.
Vegas who should be making millions now are shut down due to the covid-19 and this is no joke because US has a huge cases for corona virus.

Good for the crypto industry as well, with the wide variety of games we offered and the reputation we build, gamblers would not doubt to adopt.
sr. member
Activity: 1596
Merit: 335
Online gambling and e-sports are the bost option since the quarantine had been implemented most Casinos and even sports events are closed and cancelled. This pandemic had hit gambling industry real hard since the only option gamblers have is to play online casino for the mean time.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Mainly the sports betting sector of the gambling industry is getting affected. The live dealers and such are still working from offices as seen on Evolution gaming and so but things might change in future. But we can safely assume that the casino games which are working without any human support are going to keep running normally.

The problem will arise when the players play too much, they will be wasting money on gambling such that money for essential items start to decrease. Do not let this time become the bad omen for you. Gamble responsibly and keep in mind that this is a crisis situation where keeping your health and mind intact is more important.
sr. member
Activity: 1400
Merit: 269
I do agree that most physical gambling will die out or would be closed especially sports betting. And i have to correct the OP about Esports being able to continue operations despite the virus is not really possible and most those big esports games events such as Dota 2 or Lol already cancelled their main events.

The only thing that gamblers could play right now would be casino games in online. But what i really what to bet on is sports events because i think there are the ones with most high probability winrate, i only those popular sports like NBA and matches in boxing continues.
legendary
Activity: 2450
Merit: 1047
The gambling businesd that will survive during crisis like this time like corona virus is online casino. Some events are affected by the corona virus and being cancelled because of it. If the crisis is on one country only then there will be events going on. Some may need to save some money for daily supply and would only gamble small amount.

Majority will pick the online casinos, because there is no human to human contact, and if the gambling casinos had an online version he will just refer his old clients to their online version, and of course gamblers likes to play on sites that they trust, so those gambling casinos with online version will have a huge advantages than those who don't have one.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
If you look in cities that are built upon gambling, such as Las Vegas or Atlantic City you will notice that the towns are ghost towns and basically shut down. The casinos wont survive if they stay closed for 6 months without government aid and neither will the businesses that thrive from the casinos being busy
But I guess these casino houses earned enough to survive a long month business closure right? Probably 80% to 90% of businesses are closed due to the pandemic that we are all aware of, coz who does not? A caveman right. These casinos are pretty big houses, these are the casinos that was built to gain half of the city's money. Every town is a ghost town right now and I guess the best to be an alternative is an online gambling platform if you really want to gamble amidst the threat of the virus.
When it comes to sustaining then these offline casinos can withstand no matter how long the duration of such temporary shutdown of the business.The thing here is that the employees itself would be highly affected to this such closure but for owners? Its impossible for them to face up such hardship.

Online gambling sites now are really on advantage because majority of people now is on their own house now and as long they do have internet then they can gamble online
as they like.So they can still generate out profits.

Same with employees.
They could work from home since there is no need for an office as long as the server is running.
Everything can be remotely done by now.
My neighbors are actually doing it now. They acquired laptops from their employers and they just need internet to work in their own home at their own time.

This gambling sites can run everywhere you go. I actually did it once using my smartphone. It is just that it lags a lot of time.  Grin
I dont know if it is a problem at their end or my smartphone is just outdated.
full member
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- E-SPORT
every year E-Sport enthusiasts continue to rise even to the match at the Olympics, many predictions say that the E-SPORT market in the future is very large, the profit generated can be billions of dollars.  E-Sport does not need a big place and spectators, even players can do matches at home..  You can get a reference for example or type of game HERE



The problem with E-sports gambling, more specifically in midst of crisis and pandemic, is that it would be harder to bet or trust a single team if they either win or lose due to the fact that some team plays more often and some are on a bootcamps while some are separated in which it lessens the possibility of that team to win. Also, some team and its players are from other countries which requires a single server for a match to happen, that was also a huge disadvantage if it do so. Hence, crisis do also affects the gambling world of esports. Despite the fact that it can be done simply online, the game and bets would still be different.
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