COVID-19 and its effect in Gambling World

[Shimmiry]

We all know that there is a virus outbreak named COVID-19 and it's spreading quickly throughout the entire globe. Though preventive and and can be somehow cured and be reduced by healing the specific symptoms one-by-one (based on Is there a cure for the new coronavirus? by Stephanie Pappas), there are still numerous cases in which would affect soon every single person on the planet.

Currently, there are 106,195 confirmed cases in which 42,405 cases that are active and almost 3,600 confirmed deaths around the world. COVID-19 can be passed in a lot of different ways, more likely to be through physical contact. And it is obvious that most gambling (especially physical casinos) were bombarded with strangers that aren't that assured if do have the disease or not, and has a high chance where many physical contact occurs (like passing of bank notes and bets).

Recently, there was an article titled South Korea burns, quarantines bank notes as Covid-19 rages in which its states that one of South Korea's preventive measures is they've seen that, it is a risk and a huge possible that bank notes can carry the virus and with the papers being passed through the economy is also an implicit transmitting of the virus.

But then think of it. Casino is a common and usual place where people do often make contact not only by oral communication but also with touching bank notes, casino coins, and even dices and other things used in betting. Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.

[1714779234]

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[Twinkledoe]

This is true. With the uncertainty surrounding our environment, if you are a gambler, you will prefer to play online rather than risk yourself from the virus. This is the advantage of online gambling sites. No physical interaction with the players.

And with this epidemic, macau casinos were losing millions of dollars everyday when they shut down last month.


https://www.forbes.com/sites/sergeiklebnikov/2020/02/07/casino-operator-wynn-resorts-is-losing-up-to-26-million-per-day-from-coronavirus-shutdown/#850ce5138edb

https://www.latimes.com/world-nation/story/2020-02-10/macao-casinos-shutdown

Though they are re-opening, I don't think many gamblers will go to the casino because the risk of getting infected is still high. The cure is not yet in full blast though there are already promising vaccines being developed.

https://www.bloomberg.com/news/articles/2020-02-17/macau-casinos-allowed-to-reopen-thursday-after-virus-shutdown

This situation will add from the long list of advantages of playing online.

[Darker45]

But then think of it. Casino is a common and usual place where people do often make contact not only by oral communication but also with touching bank notes, casino coins, and even dices and other things used in betting. Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.

At the very least, those patrons of closed casinos might get curious and try gambling online. However, online gambling does not automatically mean crypto gambling, so the current situation does not necessarily mean an increase in cryptocurrency gambling community. It might, though. Also, it is different gambling online and gambling in physical casinos. Those who have been physical casino gamblers for a long time might not really find it interesting gambling in front of the screen. Finally, many casinos are tourism-based. Macau, for example, is offering grand gambling experience to visitors. Failing to get into these casinos might not really bring them online instead. Many of them are there for the unique experience.

[Shimmiry]

This is true. With the uncertainty surrounding our environment, if you are a gambler, you will prefer to play online rather than risk yourself from the virus. This is the advantage of online gambling sites. No physical interaction with the players.
And with this epidemic, macau casinos were losing millions of dollars everyday when they shut down last month.
....
Though they are re-opening, I don't think many gamblers will go to the casino because the risk of getting infected is still high. The cure is not yet in full blast though there are already promising vaccines being developed. ...
This situation will add from the long list of advantages of playing online.

But then not everyone are interested with playing and gambling online especially those who are already addicted onto playing in physical casino environment. There are still gamblers whom had found online gambling a hoax. Also, with huge money comes with a huge risk and online gambling requires big deposits as well depending upon the budget of a gambler, AND most gambling sites and even exchanger platforms do have transaction fees that varies depending the amount of what to be transacted (which most have found annoying).

But then think of it. Casino is a common and usual place where people do often make contact not only by oral communication but also with touching bank notes, casino coins, and even dices and other things used in betting. Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.

At the very least, those patrons of closed casinos might get curious and try gambling online. However, online gambling does not automatically mean crypto gambling, so the current situation does not necessarily mean an increase in cryptocurrency gambling community. It might, though. Also, it is different gambling online and gambling in physical casinos. Those who have been physical casino gamblers for a long time might not really find it interesting gambling in front of the screen. Finally, many casinos are tourism-based. Macau, for example, is offering grand gambling experience to visitors. Failing to get into these casinos might not really bring them online instead. Many of them are there for the unique experience.

And it is somehow ironic that they fear being infected never fear losing their bets instead. LOL. But then the idea is simple, why not be the gamblers take a stand to somehow help the world and keep it from the spreading virus right? Like in Singapore where the residents themselves are disciplined enough as they clean everything around them with only initiative. Right?

[crwth]

From my personal experience from gambling on land-based casinos, I have noticed a lot of Chinese people gambling. This was way before Covid-19 was a thing and I do think they are serving the majority of gamblers here in my country. When this outbreak has started, maybe they have become wary of the possible things that could happen like contracting the virus unexpectedly because there are a lot of people there. This event may have a benefit for the online cryptocurrency casinos because they can continue their gambling online, which would not let them be exposed to other people, don't you think so too?

So there are two considerations, either Land-based Casinos lose their customers and online casinos gain them or vice-versa.

[Oasisman]

So, I guess this the time that online gambling will be patronized by a lot of gamblers more than it was before.
Yes, It's true the corona virus has affected a lot of businesses and livelihood, and the only safe place to protect yourself from being infected by the virus is to stay home and always disinfect whenever you go outside.

Even the sports industry has been affected by the continued rise of corona virus cases. The NBA have just announced that there might be some cases where the games are played without the attendance of fans and media inside the gym.
Therefore, we now realized further more how essential the internet invention was.

Though regular casino gamblers might not get comfortable how the online casino handles their customers and their house edge, but these gamblers can't do nothing when they are itching to play.

[maydna]

The offline business has a big impact from the Covid-19 because we see in China, people choose to stay at their home to prevent the virus. And perhaps, that is affecting too to the offline gambling places which people are trying to avoiding direct contact with the other. But I guess that is not impacted by online gambling because while people stay at their home, they could still playing gambling. But I don't think that people will think about playing gambling since in their city, the virus still already exist. They need to think about survive their lives first, and they will make sure that they will be still healthy, and I am sure that they will try to prevent the virus.

Perhaps, it is a good time for addicted people to stop their addicting to gambling, and start to think about their lives to survive. But we don't know what is happening in the other country because the situations will not be the same.

[$crypto$]

I think it's only for gambling that comes in direct contact with others so the impact will be infected by Covid-19 but if gambling online I think it's okay and won't affect gamblers all over the world except China. They will not think of playing gambling at this time they will only think of a way to hold their nose because Covid-19 continues to expand and become more violent so that they are extra secure enough not to think about anything.

But for some parts of the world there are still those who gamble in direct contact because it is not too severe in Covid-19 so they will be free to play in a safe friend from Covid-19.

[CryptopreneurBrainboss]

Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.

You're absolutely right and if gamblers are wise enough they should have used the opportunity to move over into online gambling. Some gamblers still prefer the traditional way of gambling where they'll interact with their opponent but is that worth risking your health to the point you might likely die of the virus? I guess not.

This virus isn't only opening gamblers eyes to the opportunity online casinos offer but also the importance/benefies of cryptocurrency. The use of fiat note are getting banned because of the physical contact needed to successfully transact with them but with cryptocurrency, you don't need a physical contact and as we all know it's more cheaper, faster and coinvinent to use.

[Ailurophile]

COVID-19 only affects the casino or offline gamblings since people would rather stay at home than to risk their health just to gamble.
But I don't think it would affect us or the online gamblers and even the online gambling industry.
This is one of the positive side of online gambling.

[BlackFor3st]

We all know that there is a virus outbreak named COVID-19 and it's spreading quickly throughout the entire globe. Though preventive and and can be somehow cured and be reduced by healing the specific symptoms one-by-one (based on Is there a cure for the new coronavirus? by Stephanie Pappas), there are still numerous cases in which would affect soon every single person on the planet.

Currently, there are 106,195 confirmed cases in which 42,405 cases that are active and almost 3,600 confirmed deaths around the world. COVID-19 can be passed in a lot of different ways, more likely to be through physical contact. And it is obvious that most gambling (especially physical casinos) were bombarded with strangers that aren't that assured if do have the disease or not, and has a high chance where many physical contact occurs (like passing of bank notes and bets).

Recently, there was an article titled South Korea burns, quarantines bank notes as Covid-19 rages in which its states that one of South Korea's preventive measures is they've seen that, it is a risk and a huge possible that bank notes can carry the virus and with the papers being passed through the economy is also an implicit transmitting of the virus.

But then think of it. Casino is a common and usual place where people do often make contact not only by oral communication but also with touching bank notes, casino coins, and even dices and other things used in betting. Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.

Of course this outbreak will surely affect the land-base casino especially that the virus is still there and can be transmitted easily without being notice. Most of the people wants to avoid this virus if possible and if there will be cases that occurred in any of the gambling area then the players will likely to avoid playing there.

And for the area that were not affected by this virus, they can still operate normally but for those people who likely to play safe then they will surely transfer to online gambling if land-base gambling is already dangerous.

[FIFA worldcup]

But then think of it. Casino is a common and usual place where people do often make contact not only by oral communication but also with touching bank notes, casino coins, and even dices and other things used in betting. Therefore, there is a huge chance that COVID-19 would drastically decrease the physical gambling and do somehow can change gamblers' physical gambling onto digital one. And with that, it can somehow increase the community of overall cryptocurrency.

This is for sure that the places which are under red alert for COVID-19, the public gathering places should be avoided and gambling casino is one of them. You will not go to the casino if you fear that there is a chance of corovona virus outbreak. People will prefer online gambling but i do not think it will increase the community for cryptocurrency because those who are playing at physical casino  already know and play online gambling, so there is nothing new for them.

[Wexnident]

I'm pretty sure anyone who has tried gambling (irl) would have also tried out online gambling at some point. This may temporarily increase traffic, but I doubt those physical casinos would just agree and let their customers leave. The management of a physical casino is quite costly as well, so them losing traffic could affect their business quite heavily.

Additionally, they can choose not to opt for gambling using cryptocurrency, and instead, just use virtual currency of their fiats through banks or whatnot. Still, it's not like people could just stay cooped up inside their houses, whether they be gamblers or not so unless physical casinos closed its doors, some traffic would still come in, one way or another.

[Juggy777]

From my personal experience from gambling on land-based casinos, I have noticed a lot of Chinese people gambling. This was way before Covid-19 was a thing and I do think they are serving the majority of gamblers here in my country. When this outbreak has started, maybe they have become wary of the possible things that could happen like contracting the virus unexpectedly because there are a lot of people there. This event may have a benefit for the online cryptocurrency casinos because they can continue their gambling online, which would not let them be exposed to other people, don't you think so too?

So there are two considerations, either Land-based Casinos lose their customers and online casinos gain them or vice-versa.

@crwth I have traveled to Macau before the hub of chinese casinos and whichever day I went it was crowded only, but when this virus started to spread people stopped visiting these casinos, however there’s no evidence to prove whether those people shifted to online casinos.

Also it’s pertinent to note that most of these people who visit land based casinos are tourists and they have already started visiting the casinos and now are required to wear mask as a safety precaution, further it’s also a good time for online casinos to market themselves as a casino where people can play without getting infected.

Sources:

https://www.nytimes.com/2020/02/04/business/coronavirus-macau-gambling.html

https://www.scmp.com/news/hong-kong/article/3051571/macau-casinos-reopen-after-coronavirus-shutdown-gamblers-keep-their

[pakhitheboss]

COVID-19 only affects the casino or offline gamblings since people would rather stay at home than to risk their health just to gamble.
But I don't think it would affect us or the online gamblers and even the online gambling industry.
This is one of the positive side of online gambling.

That is why global economy will take dive as business are struggling to operate in countries that are highly affected by this dreadful virus. China's economy will take a big hit this year.

Online casinos will operate as usual, I do not think there will be a big impact to their business.

[tippytoes]

COVID-19 only affects the casino or offline gamblings since people would rather stay at home than to risk their health just to gamble.
But I don't think it would affect us or the online gamblers and even the online gambling industry.
This is one of the positive side of online gambling.

That is why global economy will take dive as business are struggling to operate in countries that are highly affected by this dreadful virus. China's economy will take a big hit this year.

Online casinos will operate as usual, I do not think there will be a big impact to their business.

The reason why  Macau casinos are losing huge amount of money this year. Though they said that they re-opened, but I don't think players have the serenity to go to these casinos. Maybe, this situation will push others to opt for online gambling and discover crypto online gambling sites along the way.

[Haunebu]

Casinos have always found a way to survive no matter how good or bad the conditions around them were which is why I don't think this will dent their business in a big way.

For example, you can always play online if you are worried about traveling outside which is one way to stay safe and not be worried about these viruses. COVID-19 is definitely not the worst virus out there which is why I strongly believe that gamblers won't be affected in a big way.

[yazher]

Indeed COVID-19 has affected not only the gambling industry but those industries with lots of people are being forced to make some adjustments to their works. the worst part of the effect of COVID-19 is some industries in the affected area are forced to closed their companies, including Casinos and many more events are being cancelled and only God knows when will they resume their services again.

[Pmalek]

If you look at the stats you will notice that most of the deaths are elderly people, aged 80+. That age group is not present in casinos that much anyways.
All money generating industries will suffer, including traditional gambling. I have been keeping myself informed about what is happening in Italy for example. They are considering closing everything that involving grouping people close together. Schools, cinemas, theaters, shopping malls, bet shops...
A big group will continue to gamble online or find unlicensed gambling solutions.     

[Ucy]

Well, people should avoid the crowded places like that when necessary, until everything calms down again. 
By the way, the physical casinos and other crowded places like that could also provide enough hand sanitizer and other hygiene stuff close to those machines for people to use.,