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Author Topic: Do you think sport betting and gambling casinos are the first business to get up  (Read 476 times)
cabron
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April 30, 2020, 07:12:43 AM
 #41


Probably not the sports betting and casinos, gambling in traditional casinos is the last thing they wanna do.

The first businesses to open I think are the shipping and delivery services, they've been delayed for months already and they can't wait to make money of the products needed going from borders to borders, ships ports to airports.  These shipping and delievery companies are recieving money from remitance services during lockdown because people still are hoping they could deliever.

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April 30, 2020, 07:25:43 AM
 #42

That's a wrong Ideas for anyone who tend or think he can make huge funds from establishing gambling platforms as a source of living. Though you profit from establishing gambling platforms but that's not an experience to success. We have seen many gambling platforms that's never see the light of the day because of regulations from the jurisdiction they belongs. Some countries still remains negative to gambling platforms because of its negative effects.

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April 30, 2020, 07:33:39 AM
 #43

I believe they can recover easily because gambling casino are earnings millions dollars everyday and for sure they did not bankcrupt because their only investment or the money they invest to the place and machine is they get already profit.

Once the lockdown is end they can recover their business fast but depends to the business is gambling casino for sure they can get more profit again.
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April 30, 2020, 07:51:31 AM
 #44

Many businesses are affected by the corona virus, but for sports betting and casino I'm sure there will be no loss. Only casino employees
affected by the corona virus, for not getting a salary. For the casino itself after the corona virus ends, it will return to normal.And I'm sure
it doesn't take long for the casino to be as crowded as usual. Especially for gamblers who are addicted will play right away gambling at the
casino.

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April 30, 2020, 08:01:18 AM
 #45

From the previous weeks and months during having the pandemic outbreak which is the coronavirus, there is a lot of establishment getting close and one of these is the casino or the places where we love to play gambling. From my perspective, I think some of the people will play gambling and some are not. It just a 50/50 decision. Let's take a look, first to the people does not want to play gambling first. Some of them does not want because after the virus are gone or all of the people getting cured the virus can mutate again if there is some smaller amount and this it can infect again too, some of them will not play for a while in just a week or a month to make sure there is no virus spreading again.  To the people does want to play gambling some of them will go into the coming opening casino because they want to play immediately and some of them want to earn more that is didn't expect on their calculations to earn some of them has a daily or weekly quota. Still, it depends on the casino if they want to open immediately or make a disinfect to their places first.

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April 30, 2020, 08:18:29 AM
 #46

~
Oh man, it's going to take a long time before we ever get to the "life we used to have". These things don't change as easy. Social life's gonna probably be pretty awkward once we even try to go back to the one we used to have. I don't know if people will get back to gambling though unless they've been playing online. As forming a new habit takes less than a month, gamblers who are abandoning gambling during the lockdown may actually stop their addiction without even noticing it.



~
Are you that sure they have money? I don't have a single friend who goes to the casino and is rich. You may be missing the fact that gambling is usually linked to borrowing and burying yourself in large debt.. and a large win of $5k in one bet may seem huge at first but they almost always ignore the fact that they may have lost $10k before that one win, which makes it overall a loss..

I actually know someone who seems rich at a first glance, but behind-the-scenes they have an incredible amount of debt they're trying to fix through gambling. Like borrowing to recover the lost borrowed money - a cycle that never really ends on a positive note.
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April 30, 2020, 08:38:28 AM
 #47

Many businesses are affected by the corona virus, but for sports betting and casino I'm sure there will be no loss. Only casino employees
affected by the corona virus, for not getting a salary. For the casino itself after the corona virus ends, it will return to normal.And I'm sure
it doesn't take long for the casino to be as crowded as usual. Especially for gamblers who are addicted will play right away gambling at the
casino.
For your last statements, Yes it wont take that long for the casino to recover as many people especially those who are into sports betting are really
excited to bet once again if the sports house already allowed matches and if those favorite sports are already available.
People who are engaged to this activities will surely be back and casinos will be able to be compensated again.

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April 30, 2020, 08:42:44 AM
 #48


Probably not the sports betting and casinos, gambling in traditional casinos is the last thing they wanna do.

The first businesses to open I think are the shipping and delivery services, they've been delayed for months already and they can't wait to make money of the products needed going from borders to borders, ships ports to airports.  These shipping and delievery companies are recieving money from remitance services during lockdown because people still are hoping they could deliever.

Yeup agree here. Sports will all go back to normal but we're already seeing now retail stores close down. Can't believe how many stores have said they are closing down now and it seems like it will get worse and worse, I won't be surprised if physical casinos have to close down as they're burning money literally esp those without online presence.

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April 30, 2020, 10:43:43 AM
 #49

They never died since there was the existence of online gambling. As for sports betting, if you count e-sports as one, then that really never died as well since tourneys can still be done online, at least, that's what league did as far as I know. But if we were to talk about traditional sports, that may actually take time. After all, the schedule was pretty messed up all of a sudden and players need ample time to readjust properly for their next tournaments.
As for physical casinos, It'd actually take time and would not be the first ones to get up. Some simple reasons would be people would most likely go to places that they actually need, like work places stores and the like. Next, they'd probably want a breath of fresh air, aka sightseeing. Being stuck in home is not a pleasant experience for some after all.

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April 30, 2020, 07:21:08 PM
 #50

Many businesses are affected by the corona virus, but for sports betting and casino I'm sure there will be no loss. Only casino employees
affected by the corona virus, for not getting a salary. For the casino itself after the corona virus ends, it will return to normal.And I'm sure
it doesn't take long for the casino to be as crowded as usual. Especially for gamblers who are addicted will play right away gambling at the
casino.

Every casino that has an online options is not suffering loss and even if their business is not on the level that was before pandemia it will recover soon. That can't be said .for many businesses that are at the edge of surviving.
Employees of phisical casinos are affected, some are even out of their jobs but many governments are helping businesses to cover at least part of salaries, at least that is the case in my country.

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April 30, 2020, 07:44:10 PM
 #51


Probably not the sports betting and casinos, gambling in traditional casinos is the last thing they wanna do.

The first businesses to open I think are the shipping and delivery services, they've been delayed for months already and they can't wait to make money of the products needed going from borders to borders, ships ports to airports.  These shipping and delievery companies are recieving money from remitance services during lockdown because people still are hoping they could deliever.

Yeup agree here. Sports will all go back to normal but we're already seeing now retail stores close down. Can't believe how many stores have said they are closing down now and it seems like it will get worse and worse, I won't be surprised if physical casinos have to close down as they're burning money literally esp those without online presence.
The day it gets worse that's what we are experiencing now where pandemics like it will be here for a long time, of course the shop will close because regional settings are getting tighter to keep the plague from becoming infected and for offline casinos in stores like it doesn't open because it's a crowd and therefore some will lose their money from there because it doesn't make money.
As for online casinos that we can play at this time because sports betting is postponed it will switch to casinos and dice that are available today.
Maybe many people will get bored with this gambling.

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April 30, 2020, 08:05:25 PM
 #52

Probably it will take time even after the corona completely vanished from here because there are two reasons which are people may not have money to spend on entertainment activities and another one is fear of the virus infection will still be there for few more months.

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April 30, 2020, 08:51:42 PM
 #53

When sports can be carried out again in more stringent ways or rules, at the same time at least sports betting will run as well, but this does not guarantee that there will be many gamblers who will immediately make bets including casino gambling, this crisis makes the majority gamblers don't have enough money to bet and for this reason, I'm sure it's not only the gambling business that might have difficulty getting up quickly, because even this crisis is happening in almost all business sectors.

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April 30, 2020, 09:19:06 PM
 #54

Probably it will take time even after the corona completely vanished from here because there are two reasons which are people may not have money to spend on entertainment activities and another one is fear of the virus infection will still be there for few more months.

Hesitation would really be there unless if its really declared that its already cleared out and the vaccine is already out then people would really be confidently to go out without
any fear that there might be still virus left around.Even though this one will surely takes time and also when we do talk about the funds to be used then people will
really still need to work first before they can go back to their normal betting habit but this one excluding to those people who are already rich that can play out without
depending to other things.

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May 01, 2020, 05:29:03 AM
 #55

I assume you wanted to mention the physical casinos because there is no annual loss potential for the online gambling business. There will be two kinds of business in the future: The ones with online services and the busted companies which will rush to join the digital revolution. Gambling is no exception.

After reading the headline that was my first thought too, why to not make a difference between physical and online casinos?! We who gamble with crypto didn't have any problems with casinos, all of them are working perfectly fine during this crisis around the world. I think we even got more players here, people who like to gamble will find a way to gamble, and what can be better than crypto gambling, that never close the doors for gamblers.
I don't go to physical casinos, but as I read they started working in my country. There are some pictures about separating people with a glass, like glass between people and dealer, every slot has its own space, looks scary if you ask me.  I don't know for others, but there's no way I will go and gamble in casinos with special glass boxes!

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May 01, 2020, 06:00:38 AM
 #56

I don't think that betting and gambling casino will be the first to set up because it is not that helpful compared to other businesses, they will start to set up those businesses that help human for their daily lives or those businesses that will help our economy to recover. Those gambling, activities and other business is still unavailable to prevent the risk of spreading the virus. If we are going to open the gambling casino there is a big chance that the virus will occur and spread inside that casino because of being crowded.
On the contrary, I believe that land-based casinos and gambling houses are the ones that will have a hard time recovering their losses after this pandemic. As a matter of fact, the new normal that we are going to inevitably observe and live with after this pandemic will probably include avoiding crowded areas. That would certainly include these businesses.
I don't think so because the casino is a one down capital, they don't buy something just like other businesses who need to buy some ingredients like the food business, the casino is stable and they are just going to wait for the customer to come in and get money.
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May 01, 2020, 06:29:59 AM
 #57

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.

Of course not! Casinos and sports betting are part of the most crowded businesses in which it would seem to be opening late than the other businesses as for safety precaution and assurance that the Pandemic would really be eradicated. It would be easily for the casinos and sports bet to recover from the loss during this quarantine as after the world has assurance of full safety against the virus, most people would be rushing to casinos as we all missed playing in it.

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May 01, 2020, 09:05:25 AM
 #58

This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.
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.
All the businesses which are based on gathering of people may not get back to its usual business track even after pandemic will be over which includes tourism. Because governments are going to emphasize about importance of keeping social distance for next to 2 to 3 years or until vaccine for covid19 will be invented.

I believe the spread of corona will be under-control in coming months in almost all the countries but people should follow social distance so that they can ensure about not getting suffered. So, theaters/malls/amusement parks/casino may not be allowed to operate.

Even online sportsbetting will continue facing dark days as no actual sports are happening any where. But, they may continue their business by adopting e-sports. As per we are already aware, other casino business must beat their own peak revenues and all other statistics until vaccine for covid19 to be invented. This pandemic is going to teach us many new things and many new ideas and how we are going to learn lessons from them and how to ease our life from that is going to decide our level of life style there after (at least with respect to gambling).
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May 01, 2020, 09:10:56 AM
 #59

I think that businesses that provide gambling or betting services need some time to get back to their former earnings. Unfortunately, the usage rate of such services will also decrease significantly, since many people will save cash and want to protect this money during this disease process. Considering today's conditions, I think that while people are afraid to invest, nobody will want to try their luck by gambling. On the other hand, of course, there will be an increase in the number of gamblers to spend time, but this increase should not be expected to increase in the same way for betting amounts. That is why I think it will take a long time for gambling and betting services to return to their former earning and activity performance. Personally, I don't think of gambling or betting for a long time.
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May 01, 2020, 09:13:27 AM
 #60

This Pandemic will last for 6 to 8 months more and it will definitely take a toll on the gambling casino business.
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.
All the businesses which are based on gathering of people may not get back to its usual business track even after pandemic will be over which includes tourism. Because governments are going to emphasize about importance of keeping social distance for next to 2 to 3 years or until vaccine for covid19 will be invented.

I believe the spread of corona will be under-control in coming months in almost all the countries but people should follow social distance so that they can ensure about not getting suffered. So, theaters/malls/amusement parks/casino may not be allowed to operate.

Even online sportsbetting will continue facing dark days as no actual sports are happening any where. But, they may continue their business by adopting e-sports. As per we are already aware, other casino business must beat their own peak revenues and all other statistics until vaccine for covid19 to be invented. This pandemic is going to teach us many new things and many new ideas and how we are going to learn lessons from them and how to ease our life from that is going to decide our level of life style there after (at least with respect to gambling).
Right, Not every business will come back to normal after this. There will be a precaution that will happen after the lockdown or quarantine is over. As an individual, I don't want to suffer from such a virus over the lust of playing on a casino. Moreover, even if the casino opens after the quarantine period, I don't really think that players will go through there just to play gambling. Players are more likely like us who are scared to play for an event knowing that they can possibly get the virus and can end their career as an athlete. Online gambling platforms will surely be in-demand at a time like this. A casino should adopt to the situation if they want to survive in times like this.
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