This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.
6-8 months?? I might disagree with what you said unless you share a legit source where you read this. Base on what I've read on line, the estimated time frame before a cure can be made is between 12-18 months. Even though there are many cures that are being developed right now, it will undergo many clinical trials that will take for months before it will go public to be sold. As long as there is no cure for COVID19, there is no specific time when the pandemic will last.
Do you think it's one of the businesses that will get up or recover their losses immediately after this pandemic is over
or it will take some time because people will have to take care of business first or go back to work first.
Think of some scenarios:
1. Even though casinos will go online, gamblers will think twice before they will go there because there is still risk when they go to a place where it is crowded. A single host can infect many people already so the risk is still there therefore, a gambler will think again if they will go to a casino or they will prefer to just gamble online.
2. Most of the countries right now are in a lockdown. Most of the business have been closed therefore, most of the people right now doesn't have any income. Where can they get the funds they will use for gamble? For me, they will think first that their family and their needs are more important than gambling.
Overall, there are more better business to get up than this. Food and manufacturing business are the ones who go up first rather than this. Even though casinos will open, only few who have the balls to go there will gamble for sure because that is the new normal already.
One thing more is sports betting will depend on the events. What if there are no or only few events will be done then only few will gamble.