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Topic: Gambling Business That Survives when a Crisis - page 3. (Read 686 times)

full member
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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
hero member
Activity: 2912
Merit: 556
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 gambling business is not getting the bad impact from the coronavirus because the player is not come by offline, but they can play many games while staying at homes. Almost all of the business industry that operates by offline got the effect, and they must shut down temporarily. 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.
full member
Activity: 924
Merit: 220
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.
hero member
Activity: 2548
Merit: 533
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.
hero member
Activity: 2310
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Bitcoin = Financial freedom
It will stay here for sure because of greed from human nature won't let them to choose the real way of earning so either they will play online when everything is under lockdown so most of the gambling forms will survive.

But the physical casinos might b facing issues now and this might tell them why they should move to internet culture.
Greed is the reason why people loss big out of gambling. Now the situation has gone worse with people facing economic issues. When there is need for money people always intend to risk to earn big out of the narrow way. Another thing being lonely, now with the lockdown some spend time with family while there are people who are lonely spend on internet related activities.

Gambling falls under this category, and if luck gets them an earning out it will be happy. If things go out of the prediction it will surely cause frustration as people are suffering much.
But most of the people are under lockdown may not have enough money to gamble so they might be more cautious than their real life scenario in pandemic but still more people will get attracted to gambling as you said since they were lonely now and looking for some kind of fun out there.
sr. member
Activity: 896
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Those gambling business that will survive during this kind of crisis are those business who are operates during or over online because they are just the one who can operate inline gmabling due to people are not allowed to go outside and that's why the people will just go to intent to play online gambling or online esports so that they will still gamble their money.
legendary
Activity: 2842
Merit: 1152
Esports definitely got a huge spike during this period, they have been the unloved child of sportsbooks and really not get as much as the regular sports while betting but during this period they have gotten a lot more attention and they have been getting a lot more wagering going on in esports.

Lottery is definitely wouldn't be in my list, it is still as slow and close to impossible as ever, there must be some lottery increase but doubt it is as big as people imagine, I would instead put poker in there, a lot of places are now doing online poker tournaments which is getting a lot more attention if you ask me. And of course the biggest one is casino games like dice, they are definitely getting more and more people these days and that is obvious from the results.
hero member
Activity: 2044
Merit: 877
Leading Crypto Sports Betting and 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.
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
legendary
Activity: 3164
Merit: 1213
It will stay here for sure because of greed from human nature won't let them to choose the real way of earning so either they will play online when everything is under lockdown so most of the gambling forms will survive.

But the physical casinos might b facing issues now and this might tell them why they should move to internet culture.
Greed is the reason why people loss big out of gambling. Now the situation has gone worse with people facing economic issues. When there is need for money people always intend to risk to earn big out of the narrow way. Another thing being lonely, now with the lockdown some spend time with family while there are people who are lonely spend on internet related activities.

Gambling falls under this category, and if luck gets them an earning out it will be happy. If things go out of the prediction it will surely cause frustration as people are suffering much.
hero member
Activity: 2002
Merit: 578
But the physical casinos might b facing issues now and this might tell them why they should move to internet culture.
Well, this pandemic gives them some lesson that they really need to shift online when a certain scenario like this give them headaches because they can't operate and can't get any profit.

In my own opinion, Esport also needs a big place and spectators, even we can now watch them in some live streaming platforms like Twitch.tv because sometimes it is hard to manage a tournament or a competition without a specific place on where the match will happen. It may be possible that Esports really doesn't need an audience or spectators but they need a place on where they will meet up and will have a match.
^ No, Esports now also affected to this pandemic. As a gambler, we have nothing to do is wait until this pandemic covid-19 will get rid of or naturally stay away. Probably the best choice is online gambling like poker, dice, roulette that has a bankroll. Let us take care of our selves through this virus and help through even you stay at home while we are at work. Let's do hope that front liner like me fighting to this decease will survive in this situation.
What could I say more, thanks for doing the job even it's very risky, kudos to all front liners. Waiting is really the best option especially for sports and eSports gambling enthusiasts, this pandemic will not be over if people are still hardheaded not obeying the rules set by the government.
hero member
Activity: 2590
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In my own opinion, Esport also needs a big place and spectators, even we can now watch them in some live streaming platforms like Twitch.tv because sometimes it is hard to manage a tournament or a competition without a specific place on where the match will happen. It may be possible that Esports really doesn't need an audience or spectators but they need a place on where they will meet up and will have a match.
^ No, Esports now also affected to this pandemic. As a gambler, we have nothing to do is wait until this pandemic covid-19 will get rid of or naturally stay away. Probably the best choice is online gambling like poker, dice, roulette that has a bankroll. Let us take care of our selves through this virus and help through even you stay at home while we are at work. Let's do hope that front liner like me fighting to this decease will survive in this situation.
hero member
Activity: 2310
Merit: 757
Bitcoin = Financial freedom
It will stay here for sure because of greed from human nature won't let them to choose the real way of earning so either they will play online when everything is under lockdown so most of the gambling forms will survive.

But the physical casinos might b facing issues now and this might tell them why they should move to internet culture.
sr. member
Activity: 966
Merit: 274

- 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

In my own opinion, Esport also needs a big place and spectators, even we can now watch them in some live streaming platforms like Twitch.tv because sometimes it is hard to manage a tournament or a competition without a specific place on where the match will happen. It may be possible that Esports really doesn't need an audience or spectators but they need a place on where they will meet up and will have a match.
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
- CASINO ONLINE / LIVE
Many offline casinos are closed as now so playing online casino is the best choice..  You can get a reference for example or type of game HERE
I love poker at this one. I rarely do like those fruit games. I don't like games which ends fast.  Grin

- LOTTERY
This is one of the old types of gambling, although there are currently several lottery providers that have temporarily closed their services, but in fact the Lottery market is very large and can still survive if creative and innovative service providers for example by adopting crypto currencies.

This one can somehow loosen the boredom.
Keno specially. It will be really exciting to put it in a gambling game.
Short game only, no need to wait for a day.
Maybe an hour will be fine and then go for another round. More players the better the prizes would be.
sr. member
Activity: 1120
Merit: 272
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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
eSport also got effected.

For example, a few weeks ago dota 2 tournament was canceled during these situations.  They cant handle matches online, the reason is needed to verify players not using any illegal (cheating) program for the match. If they can do an online tournament, would be hard to verify the fair games for every team.

Esports are also postponed because it is for the safety of the players as they are competing with another team that comes from other countries. It is really safer if those games not only Esports, some actual sports and etc must be postponed. I've read some article and I don't remember where but it state that the Covid-19 can be transmitted from 1 person to another 16 person. Imagine that kind of ratio, that's very dangerous to let people go outside and play gambling because they don't know that the transmission of this virus is somehow fast. Online gambling such as poker and roulette will be the answer to our urge in gambling as of now, as it doesn't required any person to be used in the gambling. It just need a legit gambling website and a regulator, and you can now play gambling inside your house, you just need an internet and funds to play.
hero member
Activity: 1764
Merit: 694
[Nope]No hype delivers more than hope
*The OP is very open to suggestions, if there is another type of game that you know is very good so that in the future we gamblers can still play even in the 'LOCKDOWN' state..

Many roads lead to gambling.

There are many environments where gamblings are practiced clandestinely. They make little things that are competitive or unpredictable as a gambling medium even though it only involves a few gamblers.

This is an idea and maybe one day, even the price of bitcoin will be used as a betting medium by utilizing influential countries as people begin to predict economic and social crises that will potentially affect the world such as the current pandemic or war between countries. For some people would consider this act immoral, but for heavy gambling addicts ...? Grin
legendary
Activity: 2562
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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.

Quote
For a gambling site that offers lottery, it never came to success even without the current crisis since most people want to take luck at a live draw roll compare to computer-generated algorithms.

Online lottery, I notice, is not that attractive. I agree that people tend to prefer the manually-drawn lotteries rather than those online ones.
sr. member
Activity: 854
Merit: 267
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Aside from the given, you can improvise to make horse with just a little programming. This online gambling surely flourished during these quarantine times, but I think nothing beats the experience of playing real casino.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
- CASINO ONLINE / LIVE
Many offline casinos are closed as now so playing online casino is the best choice..  You can get a reference for example or type of game HERE
This is I think the best of the 3. We know already that there are many gamblers right now who can't go outside and go to a casino because of the virus that is affecting the gambling industry. In order for the gamblers to still gamble, they choose to gamble online so right now online casinos have an increased revenue for these months.

- 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
This might help but don't forget that there are some tournaments that have been cancelled already. E-sports market has been very huge these past years and we saw different teams participating on it especially in the MOBA genre like Dota 2, LOL, Mobile Legends and some other games like CS-GO etc. With this virus, the market will surely fall temporarily.
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