milewilda
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April 29, 2020, 12:23:07 PM |
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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.
Not to be judgmental but i can say that people who've been regularly playing into these physical casinos are rich ones- not all though but majority of them are capable when it comes to finance aspect and when the time comes that Covid is over then those business can resume directly and can easily make profits since people will surely be playing into these places again since they do have the money to play on. For some then it would take for some time because they do need to work for them to have funds.Presuming that this situation would last 6 to 8 months will really cripple out not only gambling industry but other areas as well.
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Rosilito
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Wish for the rain? Then deal with the mud too.
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April 29, 2020, 01:45:56 PM |
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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.
Apparently it will take some time, of course, and it is just like everybody else's businesses. And no matter how much we see how everyone badly wanted to go out and do their daily stuff, the fear of getting exposed would always be there. Maybe there will be few who would go back. In addition, although casino income comes from a daily basis doesn't mean they lose a lot, you know, there were orders that obliged people/companies not to pay tax for a mean while. And beside they don't even have any employee to pay off specially if their contract comes in jno work, no pay basis (as an assumption). In conclusion, if such place comes into function again, they can generate money again like they used to.
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Ziskinberg
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April 29, 2020, 01:59:05 PM |
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Sportsbook and casino will eventually grow when the pandemic is over, but they will not be the priority as they don't offer people's needs, they only offer entertainment therefore they will be the last priority, and they'll recover easily if the economy will start to boom again as people gambles only their extra money, hence they can only gamble if they are making good money from whatever source of income they have.
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20kevin20
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April 29, 2020, 02:21:59 PM |
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You should first wonder whether people will have the money to play at casinos after this pandemic It looks more like we're going to barely have money for our essential needs, casino gambling may temporarily become a luxurious activity.. If our financial situation's going to be okay, sure! The casinos will be the first to recover. Otherwise, they won't earn much from us if we won't even have money to begin with..
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Ryker1
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Eloncoin.org - Mars, here we come!
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April 29, 2020, 06:15:05 PM |
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You should first wonder whether people will have the money to play at casinos after this pandemic Well, that is a good question here. I agree that during this pandemic there will be no exemption regardless of the nature of business whether it is gambling or not. Online gambling may have a bit advantage than land or physical gambling for people are not allowed to go out and those people who love gambling may rather be into an online casino for now, and those who are fond of playing online gambling may spend more time on this to lessen their boredom.
Indeed, looking forward after the pandemic when the vaccine will be available and our way of living will be like before then land and physical gambling even sports betting may have a slow recovery for people might spend their time first to recover on whatever they have lost during the pandemic like going out with the family, friend or special someone. Securing assets and income might be the first priority of everyone after the pandemic but rest assure in no time people will still go back to sports betting, --physical or online casino because it is still one way for us to unwind our stress.
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Saisher
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April 29, 2020, 06:21:24 PM |
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It will take some time, people will have to work first and business man will have to take care of their business before they return to gambling and of course there will be a lot of government restrictions, to make sure that the Corona virus is finally gone, they will have to ask for bail out and get their insurance if they have one.
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semobo
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April 29, 2020, 06:41:09 PM |
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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.
Online casinos are making more money due to this pandemic since people spend more time on online casinos whereas physical casinos might face losses even after this pandemic gets resolved because people will change to internet based casinos so it will be harder for them to attract the players again into their places.
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chaser15
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April 29, 2020, 06:54:47 PM |
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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.
They're not in a loss in terms of the current hold profit and revenue but what they lose is the supposed profit. They are even donating and able to provide help to their workers. Meaning there's no recovery since after that all, they're not even crashed but just stopped their service. It's like restarting again but still, the capital is intact.
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harizen
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April 29, 2020, 08:15:57 PM |
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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.
In most of the cases, a regular player of physical casinos is well-funded and actually rich. They will surely back on their habit once the situation eased. However, it still depends on how hard these casino's respective areas got hit. Even everyone is eager to make a comeback in their casino gambling experience, if those casino areas were reported as one with the most confirmed Covid-19 cases, people might get worried. I don't really see that money is a problem here since surely some have money. It can't even be used in a place that got heavily affected by the virus, especially during a total lockdown where all services are closed. Money is totally useless to these places to the point that they just saved it. About sports betting, I see it will not take long before it gained again on its average betting percentage. As we all know, sports betting is mostly done online. Totally safe from physical interaction with other people.
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panganib999
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April 29, 2020, 08:29:48 PM |
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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.
This pandemic is consuming people's resources to sustain the necessities they need to be able to survive and keep themselves safe from the effect of the virus so I doubt that people who are into playing in gambling casinos and sports betting will tend to get back into business after this pandemic because surely they will think first of recovering their losses from this pandemic due to the reason that no work outdoors is allowed because of the implementing lockdown on the areas affected by the virus. It will take quite some time for the recovery to come for the lives to get back in normal state so with playing gambling as well. Every businesses affected by the pandemic will start again from the bottom so it will really take quite some time before they can recover and tend to play gambling on casinos.
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Clement Kaliyar
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April 29, 2020, 08:35:09 PM |
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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.
The gambling casinos and the hotel industry will suffer the most than other markets as no one will risk to go out even after the situation is under control and it will take some time to see everything going to normal, then the job losses during this time will have a rippling affect in the industry and with countries printing more money we can expect inflation and that will have a toll on the economy.
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Quidat
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April 29, 2020, 10:28:58 PM |
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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.
The gambling casinos and the hotel industry will suffer the most than other markets as no one will risk to go out even after the situation is under control and it will take some time to see everything going to normal, then the job losses during this time will have a rippling affect in the industry and with countries printing more money we can expect inflation and that will have a toll on the economy. If this pandemic would really last for long and the vaccine wont be made anytime soon then we should expect for this kind of action to be made by the government because it wont really have any other choice if situation becomes worst.The only business i do see now which are very profitable are those supermarkets We would definitely see some recovery and we cant expect that there would be an on point going back-to-normal situation. The effects can really be seen and needed to be coped up.
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TimeTeller
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April 29, 2020, 10:36:52 PM |
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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.
The gambling casinos and the hotel industry will suffer the most than other markets as no one will risk to go out even after the situation is under control and it will take some time to see everything going to normal, then the job losses during this time will have a rippling affect in the industry and with countries printing more money we can expect inflation and that will have a toll on the economy. If this pandemic would really last for long and the vaccine wont be made anytime soon then we should expect for this kind of action to be made by the government because it wont really have any other choice if situation becomes worst.The only business i do see now which are very profitable are those supermarkets We would definitely see some recovery and we cant expect that there would be an on point going back-to-normal situation. The effects can really be seen and needed to be coped up. Yes, food establishments as well as supermarkets will be the first to recover as the food of course is the priority of people. Though I guess gambling casinos can easily go back into business but expect less people in physical casinos. It will take time for them to return to normal operations and with regards to sports betting, this will take time as a lot of sports are still canceled and re-scheduled to next year. The usual daily earnings of physical casinos will not be the same as compared before the pandemic.
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Coin_trader
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April 30, 2020, 02:34:01 AM |
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You should first wonder whether people will have the money to play at casinos after this pandemic It looks more like we're going to barely have money for our essential needs, casino gambling may temporarily become a luxurious activity.. If our financial situation's going to be okay, sure! The casinos will be the first to recover. Otherwise, they won't earn much from us if we won't even have money to begin with.. They have money. Most of the gamblers in the casino are rich and just gambling for fun. Actually they are barely affected by this pandemic since they have a lot of cold cash in the bank. Yes, there businesses are currently freeze but they will not suffer major loss since there is no law for mandatory giving salary for there employee. Additional note: Most of gamblers are Chinese all over the world and the current condition of China against pandemic was already clear. Therefore gambling industry can recover immediately after this pandemic unless the President itself didn't allow them to operate which is the right decision to help people.
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pakhitheboss
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April 30, 2020, 02:40:23 AM |
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No, I do not think so.
I think Medical business will be the first to go up as people will flock to get the vaccine. The next business will be related to food and beverage as a lot of stores are still not operating globally.
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Sadlife
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April 30, 2020, 04:40:45 AM |
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People will sure buy essentials and food especially toilet paper so i think the first businesses that will recover from loss in income are groceries and pharmacies. Also most people has no money and jobs because of the quarantine, so my expectations in gambling casino's such as in Las Vegas will be vacant and empty.
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AniviaBtc
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April 30, 2020, 05:42:16 AM |
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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.
I think the Food industry and medical is the first who will Get back and recover from this one and gambling will be to follow because people have no Money now to gamble and they are prioritizing their family needs and will run until after this pandemic. Most likely they'll get back up in no time since a lot of gamblers are looking forward on several leagues to resume as soon as possible and it's a way for gamblers to forget these rough times. It's also possible for some casinos to struggle because even if they're making profits it could be way less than the others. I think the key part for casinos would depend on how people would react once the lockdown is lifted since each country won't be having the same level of severity.
while gamblers are looking for sports to come back but the problem is if they are capable to bet?since all of resources has been spend because of quarantine and only those who has work from home can afford to still haev some extra money. Besides sports betting and gambling casinos, there are some other businesses that should've prioritize by the government and these are the stock market, agricultural sector, and medical industry. There are the two vulnerable in this pandemic and as the pandemic is still active, people can't go to work and have money to afford their necessities in their daily lives. I think that all of the businesses are affected by the virus but the first businesses that will recover is the medical industry and food industry that supplies our goods during quarantine. As they are producing a lot of goods, they also benefits and have a profit based on the budget of the government that have been allocated to it just to buy their stocks and distribute it in its community. We can't see how the government is doing all its best just to fight this virus and take care of its people. Gambling and sports betting is not really an important thing during this quarantine, probably the online gambling casinos will be down and back to its normal state when the quarantine has lifted.
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Debonaire217
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April 30, 2020, 06:20:29 AM |
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Perhaps, there will be more adjustment that will happen especially to have more time in locking down sports games such as boxing, basketball and soccer. What I mean is that, after the lock down, I believe that government will not allow these establishments or businesses to operate right ahead, as they will consider allow businesses that are focused to provide necessities of the people. It might take another months and when governments made sure that the pandemic is completely eliminated, sports betting will be allowed. For now, I find Esports to operate despite of this crisis, but traditional sports with physical contact doesn't have even a small chance to be live in air so sports betting on these sports will not be available.
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Lorence.xD
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April 30, 2020, 06:45:18 AM |
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I don't think that governing bodies would prioritize gambling industries when the quarantine is over, they will still prioritize minimum influx of people to prevent mass gathering and possible continuation in infection chain. Especially sports gambling, people would not try to gather at one place altogether because I hope that they have a common sense that the contraction of the virus in gatherings could cause another outbreak. I do not think that entertainment industry will be prioritized by the government as a whole, maybe television industry will have the go signal. The businesses that will surely be prioritized are office types and construction businesses.
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