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Topic: Geopolitical Tension and its effects on Gambling - page 3. (Read 413 times)

hero member
Activity: 2506
Merit: 628
I don't take loans, ask for sig if I ever do.
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I highly doubt that people, unless directly involved, would even give a single crap about what's happening to the world. And I highly doubt gamblers specifically would suddenly have that collective thought where they're unable to gamble because something big is happening out there, otherwise they (or we) would've already stopped before we even started due to poverty.

As for the sites/bookies themselves, as long as the hosting servers aren't impacted I think they're fine and even then, there's probably multiple of them scattered over different countries. As long as the war doesn't impact the Asian continent in general that severely, I think they'd be fine.
legendary
Activity: 2296
Merit: 1335
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I don't think that these tensions will affect your lives, unless you live in a war zone, like in the Ukraine, Palestine, Israel, and possibly Iran because It's going to get blasted sooner or later if it keeps doing what it's doing. Do you really think that someone in South America or Australia is going to stop gambling because Jews are murdering people on another continent? Nothing is going to change and I'm not only talking about the gambling industry, but also about bitcoin. The halving is going to come on time and we're going to have a bull market in q3 2024.
legendary
Activity: 1484
Merit: 1355
Im skeptical too. Even in tumultuous times, folks will likely still blow their paychecks at the roulette wheel or slot machines chasing those feel-good brain chemicals.  Perhaps a war halfway around the world feels too abstract, too distant from the adrenaline rush of the casino.  So I would bet the gambling industry will continue humming along, though operators may need to work harder to distract anxious gamblers.

After all, people have short attention spans.  Flashing slots and free spins help punters forget their worries at least for a few hours.  And lets face it - for most, gambling is about escapism, not global awareness.   I just dont see war stopping people from chasing the next big win.
hero member
Activity: 910
Merit: 875
Not Your Keys, Not Your Bitcoin
We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?

There will not be any impact I guess. The only place I think impact will come is that if the countries at war loves gambling then we should expect declination of gambling activities as they wages war against each other in those region but I don't see Iran been a friendly country with gambling, it's an islamist state and I'm sure thy are very protected against gambling. As for Israel, they maybe modern society but because of jews traditions in the country, I don't think many of them will love gambling, so I expect no effect on gambling with this fight.

However, if there is any online popular casino and betting platforms that emerges from these two regions, the platforms might be having some down issues because there might internet problems and that is going to affect the platforms and performance. It might also make withdrawals difficult when right now if there is any online casino from such places.
full member
Activity: 1064
Merit: 158
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Stress sure makes people seek escapes like gambling but surely also economics in widespread situations might neutralize or even give a negative effect into gambling.

If this continues, I guess participants is likely to continue in their gambling and maybe risk less. Well because there's so much uncertainty not only to their bets but also the issue outside. So instead of betting in on casino, they may put it instead on some emergency fund and remains liquid in case of worse case scenario in the world. Because it's no longer a threat right now, there's really a massive change and that will cause fear to players not to get engage with the house for the mean time until the tension eases around the globe. So for me, it may affect the casinos with lesser volume of participant for the meantime.
legendary
Activity: 3234
Merit: 2420
Will the gambling sites/bookies will have an impact on this situation?

If things escalate further, that's a good possibility. However it doesn't look that way since yesterday. It looks like Iran has been cooled down. If they go full retard on Israel, they might harm them a lot but in the end Iran will also get wiped out of the map because Israel and their friends will hit back. Then Russia will also step in.

In this picture the only winner would be China probably because they never get involved directly. If you study some history, you'll see that China has always been like that.

Now Iran knows that too and that's way they don't want to be the firestarter.
legendary
Activity: 2310
Merit: 1075
From the last two days, we have experienced some major Geopolitical Tension as Iran invaded Israel and there is a fear whole world including the United States of America, Russia, China and other Middle Eastern/ Asian countries may be directly involved in this war if the situation does not norm quickly.
just to be clear, no invasion happened and Iran just retaliated after Israel bombed an Iranian embassy in Syria which killed several senior military personnel.

Do people gamble less when they see such tensions around the globe?
maybe if they are affected by the tension going on, they'll gamble less but if they are not, I guess they'll just continue with their gambling routine.

Will the gambling sites/bookies will have an impact on this situation?
would you mind elaborating on this part? I mean, what do you mean when you say "Will the gambling sites/bookies have an impact on this situation?"
legendary
Activity: 2968
Merit: 1095
Leading Crypto Sports Betting & Casino Platform
We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

It will only have a small impact in the short term because probably most people may have misunderstood this conflict, something like panicking thinking that war would reach the USA when that is far from possible. Another point has to do with the fact that Iran is on the list of countries banned by casinos and on the list of countries banned on many websites. So this means that there are a very small number of Iranian citizens who would be using the casinos compared to the people from the permitted countries. so casinos won't lose much from this conflict. because the price of cryptocurrencies is very high and casinos probably profited a lot from this increase

Do people gamble less when they see such tensions around the globe?

This doesn't change anything in the lives of the people who are playing, because they are people from permitted countries and from countries that are not involved in the conflict. for example from the USA, they provide logistical support to Israel and combat terrorism. but the fighting is not taking place within the USA, it is taking place in countries where the terrorists are, so no casino in the USA will be affected by this conflict. For people in the US, life is as good as ever, this applies to people from Europe (with the exception of Ukraine) and African countries like my country and all other African countries that are not at war

Will the gambling sites/bookies will have an impact on this situation?

they will not have any impact, online casinos are not wallets so we can say that people in Iran would have saved a lot of money then due to the conflict then they would be withdrawing all their money from the casinos. That's not how it works. Online casinos are sites for people to play and most of the time people are losing, so they know that they are at the casino to have fun and not to invest money or use it as a wallet. Another point is what I said, that countries like Iran are on the list of prohibited countries. So this whole situation doesn't affect the casinos at all
hero member
Activity: 952
Merit: 824
Livecasino.io
From the last two days, we have experienced some major Geopolitical Tension as Iran invaded Israel and there is a fear whole world including the United States of America, Russia, China and other Middle Eastern/ Asian countries may be directly involved in this war if the situation does not norm quickly.

We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?
There will be direct impact on gambling in that region if their servers are destroyed by missiles. People in that region will gamble less especially those who are internet connection is shut down and they have no access to the internet. If their electricity is shut down and they devices for accessing the internet has a low battery, then their gambling activity will also be affected. Even if the other things are in place but they have displaced from their houses and have no food, or those basic amenities their first need will be first to fix those things before gambling.

In summary, there will be reduced number of visitors to gambling websites in a crisis situation and gambling websites may be down if their servers are directly affected too.
hero member
Activity: 2478
Merit: 621
Leading Crypto Sports Betting & Casino Platform

Do people gamble less when they see such tensions around the globe?

Of course war reduces your comfort and activities. In fact, the things that you want to do you will be restricted from doing them because of the activities of the war and you trying to keep safe. People who are in war zone are restricted one way or the other. People in the country that are in war may have electricity, internet and other amenities cut of from them and that is where the compulsory restrictions come in. If you don't have internet connection, you can't access the casinos and even those offline gambling houses may not operate because houses would be destroyed. I watched how Ukraine was destroyed and their electricity, gas supply, internet and so many facilities were destroyed, so how would you gamble when your primary aim would be to survive.


Will the gambling sites/bookies will have an impact on this situation?

Certainly, they will be run down as there will be low patronage which will affect there business. Some may pack up when they won't be able to generate funds to manage and maintain their site and pay workers.
legendary
Activity: 1246
Merit: 1071
Do people gamble less when they see such tensions around the globe?
It is logical that gambling activities should reduce majorly in those areas where there are tensions because gamblers in those areas will be more focused on getting to safety and managing whatever resources they have during this time, so they can always afford essential supplies than on trying their chances gambling.

Some gamblers who gamble online may still be able to find the time to gamble, but offline gamblers will be most affected.  
I think it is only people who are addicted that will still gamble from these areas regardless of the crisis and unrest.

legendary
Activity: 2394
Merit: 1412
Leading Crypto Sports Betting & Casino Platform
When there's tension people tend to become more anxious and need ways to forget their day to day activities so for those that still have money they might gamble more or consider starting to gamble.

However it's also worth noting that while gambling is an activity to escape, there's also the effect of an economic crisis that might be caused by the world tensions such as wars and political crises. So if these effects are widespread there might be a large percentage of people that will no longer be able to gamble due to having less disposable income. So in the end it's all dependent on economics. Stress sure makes people seek escapes like gambling but surely also economics in widespread situations might neutralize or even give a negative effect into gambling.
legendary
Activity: 3136
Merit: 1233
Leading Crypto Sports Betting & Casino Platform
From the last two days, we have experienced some major Geopolitical Tension as Iran invaded Israel and there is a fear whole world including the United States of America, Russia, China and other Middle Eastern/ Asian countries may be directly involved in this war if the situation does not norm quickly.

We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?

I don't think there are many gamblers from Iran,nor I do think that the majority of them is from Israel,I have been long enough in the casinos,in their chat and I have seen very few individuals claiming to be from such countries.I didn't know that Iran has invaded Israel at the first place as I don't think they are capable of such feat as if they are this is quite shocking to say the least and the US has a mutual agreement on military with Israel that they can intervene if bad things happen to Israel.I think though that this plays in the interest of Russia in the end as they are the only beneficiary from such war,for the gambling though I doubt any tension will cause people to gamble less,it simply is just not the case.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
From the last two days, we have experienced some major Geopolitical Tension as Iran invaded Israel and there is a fear whole world including the United States of America, Russia, China and other Middle Eastern/ Asian countries may be directly involved in this war if the situation does not norm quickly.

We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?

Maybe the gamblers in the region will move their coins out of the casinos and put them inside their wallets and hide them for now because things escalate further. I heard there will be retaliation from Israel.

But you may be uninformed about it since Iran is way far from Israel, between them is Iraq so there is no invasion happening. In fact, it was Israel who started bombing Iran's consulate in Syria office which an Iranian general died
There are possibilities that gamblers in that region should just keep their coins in their custody that is if they are gambling in a casino from Isreal. However, it has been noticed that everything has gone back to normal. The airport that was shut down have been opened in Israel. So gamblers will continue gambling.

If the war escalates, then it will be better to save your head and your funds by not gambling, and look for somewhere safe to stay.

I don't think it's going back to normal, they know Israel will shoot back. If I am from that region like If I am from Syria or Iraq I will be running my ass and my family away from that region. This is just the beginning. Gambling can resume whenever I'm in Egypt because this war could spill out faster than you can imagine.

I think it wasn't a coincidence that BingX allowed Iranian users to buy BTC. Maybe selling BTC for a higher price too. This is to make Iranians save their money and bring BTC somewhere in case they crossborders. https://www.binance.com/en/square/post/6687228156826
hero member
Activity: 2744
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Burpaaa

Do people gamble less when they see such tensions around the globe?


People residing on country affected by the war will probably don’t think gamble instead they focus on their safety but for people leaving far away from the tension I believe life goes on since they are not affected.

I’m not aware that there’s already a tension happening between Israel and Iran if you didn’t created this thread here on gambling board. This is a proof that the war still doesn’t affect everyone globally.

Quote
Will the gambling sites/bookies will have an impact on this situation?

Affected countries doesn’t belong to the country which gambling is popular. Maybe it will be affected but not that seriously considering we are talking about here crypto casino.
hero member
Activity: 728
Merit: 512
We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?
It will have a negative impact on gambling just as it's happening with all other financial markets.

 Who chases a mice when his house is on fire? Gambling won't equally be in the list of things in my head and I know this also applies to other people.

Not even a gambling addict in his right senses of reasoning will care to gamble in a warring situation. The tension alone only focuses your mind to survival thoughts only as nothing else matters at that moment.

More devasting will be that many gambling sites would have to shutdown temporarily until normalcy returns.
hero member
Activity: 658
Merit: 519
Leading Crypto Sports Betting & Casino Platform
From the last two days, we have experienced some major Geopolitical Tension as Iran invaded Israel and there is a fear whole world including the United States of America, Russia, China and other Middle Eastern/ Asian countries may be directly involved in this war if the situation does not norm quickly.

We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?

Maybe the gamblers in the region will move their coins out of the casinos and put them inside their wallets and hide them for now because things escalate further. I heard there will be retaliation from Israel.

But you may be uninformed about it since Iran is way far from Israel, between them is Iraq so there is no invasion happening. In fact, it was Israel who started bombing Iran's consulate in Syria office which an Iranian general died
There are possibilities that gamblers in that region should just keep their coins in their custody that is if they are gambling in a casino from Isreal. However, it has been noticed that everything has gone back to normal. The airport that was shut down have been opened in Israel. So gamblers will continue gambling.

If the war escalates, then it will be better to save your head and your funds by not gambling, and look for somewhere safe to stay.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
From the last two days, we have experienced some major Geopolitical Tension as Iran invaded Israel and there is a fear whole world including the United States of America, Russia, China and other Middle Eastern/ Asian countries may be directly involved in this war if the situation does not norm quickly.

We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?

Maybe the gamblers in the region will move their coins out of the casinos and put them inside their wallets and hide them for now because things escalate further. I heard there will be retaliation from Israel.

But you may be uninformed about it since Iran is way far from Israel, between them is Iraq so there is no invasion happening. In fact, it was Israel who started bombing Iran's consulate in Syria office which an Iranian general died
legendary
Activity: 2954
Merit: 1159
From the last two days, we have experienced some major Geopolitical Tension as Iran invaded Israel and there is a fear whole world including the United States of America, Russia, China and other Middle Eastern/ Asian countries may be directly involved in this war if the situation does not norm quickly.

We have seen some big dumps in the world stock market and crypto market and the world's business may get affected by this situation. I would like to know what impact will it have on gambling ?

Do people gamble less when they see such tensions around the globe?

Will the gambling sites/bookies will have an impact on this situation?
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