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Author Topic: Do you think sport betting and gambling casinos are the first business to get up  (Read 476 times)
Janation
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May 01, 2020, 10:10:16 AM
 #61

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.

We the physical and the online sites so maybe you are talking about the physical casinos.

Since almost all of the online casinos are still functioning, we can say that they have no problems here at all. When it comes to physical casinos, I think they would get those losses back once this ECQ or lockdowns is done. The problem that I am seeing here is the workers of the said casinos as they don't have those jobs right now, no tips and there are even those casinos that don't give their payments this ECQ.
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May 01, 2020, 10:11:57 AM
 #62

Most of the business after the lockdown will not sure if will going to recoverbut if you have loyal customer and your service is good to them is they still going to choose your business. About the recoveries it takes time for sure before they get again what they lost during the pandemic and we still at that time and we did not know if they have extended because there is more cases again everyday so there is more months before the lockdown end and the gambling business for sure more people will not go there for few weeks because that is crowded area So it needed time for them to recover.
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May 01, 2020, 11:04:31 AM
 #63

There is a high tendency that the gambling industry will be the last to resurrect after this pandemic when I talk about profit taking. Never a new thing with us as the world is battling the ravaging covid-19 which make countries pronounced total lockdown on their citizens. The only quick recovery businesses will be those at the groceries and those at the pharmaceutical industry. Being that, many humans will like to feed and stay healthy after the relaxation of this lockdown. Having the funds to gamble online won't be easy for those citizens(those who are gamblers) as many will go for their feeding and health issues be sorted out.

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May 01, 2020, 11:09:49 AM
 #64

There is a high tendency that the gambling industry will be the last to resurrect after this pandemic when I talk about profit taking. Never a new thing with us as the world is battling the ravaging covid-19 which make countries pronounced total lockdown on their citizens. The only quick recovery businesses will be those at the groceries and those at the pharmaceutical industry. Being that, many humans will like to feed and stay healthy after the relaxation of this lockdown. Having the funds to gamble online won't be easy for those citizens(those who are gamblers) as many will go for their feeding and health issues be sorted out.
At least, there is a chance for casinos to move in the online version but what about the restaurants? Many restaurants are in trouble due to the social distance rules and I accept this for staying on our self-isolation zones. The problem is recovery can take one more year and one more year means one more ZERO on country debt.

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May 01, 2020, 11:13:15 AM
 #65

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.
with millions of gamblers now that is dreaming day and night of playing in casinos again?yeah maybe Gambling business is one of the first to recover from the losses.

Second are those hotels and Hospitals in which needed for the follow up check up since this pandemic will not be gone that easy.
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.
Yups that is Live casinos and not the online because this is still active now and continue to grow for the same reason that gamblers has no choice.

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May 01, 2020, 03:29:17 PM
 #66

I don't think so, it will take a few months before they can get back to business, they must do good marketing for their clients to get back, the only client that will get back to them are business people whose business was not harmed by the pandemic, they will want to relax after the depression brought by pandemic.

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May 01, 2020, 05:58:15 PM
 #67

Well, during this pandemic, people would tend to play online gambling for it is safer than going to a physical casino where they will be more exposed to the virus. That being said online casinos have an advantage during lockdown because other players who are fond of going to physical casinos have no choice but to play gambling through online casinos that means, --there will be no downfall for online casinos during a pandemic may be at first when people were still in panic and needs their money for their basic necessities but now where people started to relax and experiencing boredom they started playing in online casinos and to mention because of lockdown they might as well be addicted to it. Indeed, the answer is yes. Many gamblers are still wanted gambling casinos.









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May 01, 2020, 06:32:42 PM
 #68

Talking about physical casinos and sports betting of course right now is really hard for them though after the pandemic and people get back to their normal way of living in no time when they started working and begin to experience stress then they will go back to physical casinos to lessen stress and meet people again for socialization is another way for us to lessen our stress. To sum it all, online casinos wouldn't be affected by the pandemic but physical casinos and sports betting will recover in no time for gambling, and socialization is already part of us even back then.

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May 01, 2020, 06:45:07 PM
 #69

sure for the places where you play physically like casinos and betting agencies the losses will be huge and perhaps many of their employees will remain out of work, but the game as such will not drop in intensity, all players will pour on the virtual sites of games and bets that will certainly double their earnings...
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