France's gambling recovers

[magneto]

I think the surge was similar in other countries too, mainly because of people being bored during lockdown and the presidential race. Not because of any particular advances in gaming technology or whatnot.

I do believe that we have yet another country whose recovery from the pandemic was linked to the online gambling industry. Thus I do believe that banning gambling is something that is not the solution rather the countries should look forward to regulate them. One can always engage in responsible gambling.

This story has absolutely nothing to do with regulation imo. Nor do I think that a nation's economic recovery can be attributed to one particular sector, let alone a relatively small gambling sector.

But yes, it doesn't make sense for a country to pursue draconian restrictions only to miss out on taxation revenue from gaming companies that would simply be forgone if the only choice facing consumers are unregulated casinos.

[maydna]

~snip~

That still depends whether the government has a solid economic plan because relying on gambling industry alone will not be enough to stand back to their feet again, that is also assuming that every gambling platforms and houses are paying their taxes, some are exempted because of tax write offs for their charities. The best course in my opinion is to help the smaller businesses during these trying times because large ones are the biggest blackholes when it comes to economic stimulation, large corporations/businesses do not reserve emergency funds for their businesses, they use most of their money for stock buybacks which is pretty BS because in this times, this large capitalists are using our taxes to keep their company afloat.

I am sure the government has a solid plan for their country to manage their country. They will not give any difficulty to the business that obeys their rule, and the government will help a small business that starts to recover. Even the government could provide a loan for that business, and not just to the gambling business because every business in their country is worth to deserve help. However, the business itself needs to remake its plan in these situations, know what they should do, and don't just wait for government support.

~snip~

No doubt that online gambling may be the one of the fund resources of one country especially at this time of pandemic. At this time of pandemic i guess banning of online gambling wasn't suitable since every nation were facing an economic downfall growth. While we are waiting for the normalize of the world and economic, a better choice of France's government to allow online gambling on operation since it may not affect the health protocol that was imposed i guess the only issue that may arise was the proper regulation of user/player (age limitation).

No, I don't think the government will ban online gambling. On one side, people need entertainment while they stay at home. On the other side, the government can try to facilitate online business to grow. That is not just for the gambling business because the government encourages every business owner to communicate to them to discuss what they need in this pandemic.

People can follow the health protocol with online gambling because they don't have to go to the crowd or the casino place. They can play gambling from their home, and they can order food service from their mobile phone.

[Wexnident]

I do believe that we have yet another country whose recovery from the pandemic was linked to the online gambling industry. Thus I do believe that banning gambling is something that is not the solution rather the countries should look forward to regulate them. One can always engage in responsible gambling.

Banning was indeed never the answer. Banning is simply countries running away from possible problems and implications, and not really facing it head on to prevent any more mishaps in the future. Let's be real, if they were to ban Gambling simply because people irresponsibly use their money on them, then they should ban EVERY form of entertainment out there. There are a lot of people who spend irresponsibly on those, and yet they allow it don't they? Gambling was never the one in the wrong, it was the way most people attacked the issues that were wrong.

Anyway, glad that at least they know when to face that gambling can actually help a country. Just goes to show how any industry can actually prove to be helpful, just that the mindset of most people is locked and refuse to accept it.

[bitterguy28]

They are doing pretty well as they were able to bounce back even if the money is coming from the gambling activity. I will just hope that they will ensure that they will strictly regulate every casino in their country so the minors can't freely play in any of their casinos.

Short question,Does France government really supports gambling industry ?because why on all businesses it is gambling that first bounced and not other business?

Pandemic really affects almost all the countries and recovering from it is a big challenge in every government but France was able to recover from it so I salute them for it. In our country also, I saw that they are earning a good amount of taxes that are coming from the casinos so I guess it is not that bad as long as it is fully regulated for a responsible gaming.

But i will salute them more if the recovering comes from legit businesses like first commodities and manufacturing .

[carlisle1]

Maybe Gambling is a good industry in france because even in Times like this pandemic yet the gambling community is faster to recover compared to other countries in which the gambling had been fallen because of the strict policy of Health protocols.

Though In our country the casino houses are already open but with 50% capacity only and the Online gambling has been approved as well.

So basically in sooner time We will be like France that gambling business is back on track and may be resulting to extra added taxation.

[Lucasgabd]

They are doing pretty well as they were able to bounce back even if the money is coming from the gambling activity. I will just hope that they will ensure that they will strictly regulate every casino in their country so the minors can't freely play in any of their casinos.

Short question,Does France government really supports gambling industry ?because why on all businesses it is gambling that first bounced and not other business?

Pandemic really affects almost all the countries and recovering from it is a big challenge in every government but France was able to recover from it so I salute them for it. In our country also, I saw that they are earning a good amount of taxes that are coming from the casinos so I guess it is not that bad as long as it is fully regulated for a responsible gaming.

But i will salute them more if the recovering comes from legit businesses like first commodities and manufacturing .

it's important to take into account that there's no data on other businnes here, probably other areas bounced too, specially the ones related to internet and online sales (like ecommerce and infoproducts, as an example)

also not only in France but to many countries.

[TitanGEL]

The economy will recover fast if the government will allow for the casinos to 100% operate but the problem is it is too crowded especially in traditional casinos that may cause to the growth of the active cases of the covid 19 virus and it is the reason why for me it is good if majority of casinos will just operate 50% in order to maintain the physical distancing and to avoid the growth of the virus. It is good that the government of France let the casino operate again and they are getting huge tax from it to fund different types of project that can help to their economy to recover. In my country the casinos are now starting to operate again but the problem is they remove a lot of workers because of the expenses and they are not fully operating wherein it is not yet crowded like before and the health protocol inside casinos are so strict inside the casinos. 

[imstillthebest]

They are doing pretty well as they were able to bounce back even if the money is coming from the gambling activity. I will just hope that they will ensure that they will strictly regulate every casino in their country so the minors can't freely play in any of their casinos.

Short question,Does France government really supports gambling industry ?because why on all businesses it is gambling that first bounced and not other business?

Pandemic really affects almost all the countries and recovering from it is a big challenge in every government but France was able to recover from it so I salute them for it. In our country also, I saw that they are earning a good amount of taxes that are coming from the casinos so I guess it is not that bad as long as it is fully regulated for a responsible gaming.

But i will salute them more if the recovering comes from legit businesses like first commodities and manufacturing .

it's important to take into account that there's no data on other businnes here, probably other areas bounced too, specially the ones related to internet and online sales (like ecommerce and infoproducts, as an example)

also not only in France but to many countries.

yeah any business related to online are now skyrocketing because people find it convinient to transact or play online now that going outside is verry complicated .

 on other countries they also excel on other online business but france is more notable because of thier gambling industry which has growned alot with the help of online gambling specifically sports .

gambling is a legit form of bussiness in general but just like any other business there are offenders which make thier business illegal  . i dont know if they do count them

[peter0425]

at least in other part of the world Gambling is recovering that fast because here in our country it is just recently that the government allows the casino to open and the online sites to operate legally.

though i don't think that gambling should be the first to make recovery yet it will help the government to generate funds from taxation.

Hope that sooner all the businesses in france will recover as they are one of the most affected of pandemic also.

[MWesterweele]

Maybe Gambling is a good industry in france because even in Times like this pandemic yet the gambling community is faster to recover compared to other countries in which the gambling had been fallen because of the strict policy of Health protocols.

Though In our country the casino houses are already open but with 50% capacity only and the Online gambling has been approved as well.

So basically in sooner time We will be like France that gambling business is back on track and may be resulting to extra added taxation.

Maybe Gambling is a good industry in france because even in Times like this pandemic yet the gambling community is faster to recover compared to other countries in which the gambling had been fallen because of the strict policy of Health protocols.
[/quote]

I never knew that gambling business were in good at France but knowing that even in the midst of pandemic gambling recovers were amazing. Every nation should consider the potential of gambling in economic development and growth.

So basically in sooner time We will be like France that gambling business is back on track and may be resulting to extra added taxation.
[/quote]

For sure in time that vaccine may discover and people were trying to be back in normal life, hence the economic were much affected the only way to recover from the huge loss due to pandemic were through extra added of tax.

[stomachgrowls]

at least in other part of the world Gambling is recovering that fast because here in our country it is just recently that the government allows the casino to open and the online sites to operate legally.

though i don't think that gambling should be the first to make recovery yet it will help the government to generate funds from taxation.

Hope that sooner all the businesses in france will recover as they are one of the most affected of pandemic also.

No one had been an exception into this global crisis due to pandemic and all of the countries are heavily been affected by it and this is one of the viable solutions on where
government do sees that will really give out some big help in terms or recovery aspects.

I have seen that establishments and businesses had already opened their doors and resume out their operation which is understandable.The government had already permitted them out because
it wont really be that sustainable if they would close it for too long or waiting for the vaccine or some sort.

They do need some step on surviving out this pandemic because if they dont then that would surely make the economy suffer even more.

[Lucasgabd]

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yeah any business related to online are now skyrocketing because people find it convinient to transact or play online now that going outside is verry complicated .

 on other countries they also excel on other online business but france is more notable because of thier gambling industry which has growned alot with the help of online gambling specifically sports .

gambling is a legit form of bussiness in general but just like any other business there are offenders which make thier business illegal  . i dont know if they do count them

interesting, didn't know about France having a big gambing industry.

indeed, many countries ban gambling and make it illegal (even though the government usually organizes lotteries and monopolize it)
here you can find some of the countries where gambling is banned:
https://www.lawyer-monthly.com/2018/02/10-countries-where-gambling-is-completely-illegal/
https://europeangaming.eu/portal/latest-news/2019/05/03/44556/the-countries-where-gambling-is-illegal/

[dothebeats]

Just goes to show that the economy on some parts of the world are slowly getting better since the population already has some money to spare for their vices and entertainment. Also, being stuck in your house for too long with little to almost nothing to do every day, you'll really try and urge yourself to do some things that you used to do with haste once the slightest bit of a go-signal has been released by the government. However, the threat of this pandemic is not yet over even with two candidate vaccines on the horizon, so I don't think it'll be too soon before we see the gambling industry to rise up again.

[Fundamentals Of]

Just goes to show that the economy on some parts of the world are slowly getting better since the population already has some money to spare for their vices and entertainment. Also, being stuck in your house for too long with little to almost nothing to do every day, you'll really try and urge yourself to do some things that you used to do with haste once the slightest bit of a go-signal has been released by the government. However, the threat of this pandemic is not yet over even with two candidate vaccines on the horizon, so I don't think it'll be too soon before we see the gambling industry to rise up again.

In fact, the result of COVID to people are opposites. There are those whose jobs were lost because of it. They are now tightening the belts to make sure whatever savings left with them will see them through the rest of the pandemic lockdown days. But there are also those who saved a lot due to the pandemic lockdowns. Shopping, partying, traveling, etc are discouraged or even prohibited during this time. This made them save a good deal of money. Perhaps a portion of this saving went to gambling.

[Debonaire217]

In fact, the result of COVID to people are opposites. There are those whose jobs were lost because of it. They are now tightening the belts to make sure whatever savings left with them will see them through the rest of the pandemic lockdown days. But there are also those who saved a lot due to the pandemic lockdowns. Shopping, partying, traveling, etc are discouraged or even prohibited during this time. This made them save a good deal of money. Perhaps a portion of this saving went to gambling.

Perhaps, it could also push more productivity as most of the people will have more time at home to discover new things especially cryptocurrency. If they could be exposed to offering services through crypto, they could easily regain their income even if they lost a job due to Covid. Other people might also achieve bigger salaries which enables them to spend their spare money and time gambling. I can say, the pandemic makes it easier for people to understand that cryptocurrency and online gambling is way better than physical gambling as they could save a lot of time, and in addition, they are with their family where they can ask for advice in order to help them within their limitations.

[ice098]

Just goes to show that the economy on some parts of the world are slowly getting better since the population already has some money to spare for their vices and entertainment. Also, being stuck in your house for too long with little to almost nothing to do every day, you'll really try and urge yourself to do some things that you used to do with haste once the slightest bit of a go-signal has been released by the government. However, the threat of this pandemic is not yet over even with two candidate vaccines on the horizon, so I don't think it'll be too soon before we see the gambling industry to rise up again.

In fact, the result of COVID to people are opposites. There are those whose jobs were lost because of it. They are now tightening the belts to make sure whatever savings left with them will see them through the rest of the pandemic lockdown days. But there are also those who saved a lot due to the pandemic lockdowns. Shopping, partying, traveling, etc are discouraged or even prohibited during this time. This made them save a good deal of money. Perhaps a portion of this saving went to gambling.

Few more days, France lockdown will be lifted, in that case we can see that their economy will soon gets normal again, same to their gambling activities we can say that maybe they will let that thru physical playing, France belongs to a first-world country so I think even they will let their people play outside and not virtually still they will make some extra safety measures for it, they will not allow any positive to the outbreak again.

[Cling18]

Online gambling are really helping the gambling companies, even some events were still available and accessible on the internet for betting purposes during the pandemic. I think this will not be only france but many parts of the world as things are becoming back to normal. With time, the gambling industry will like before and also grow higher. But as people will continue to gamble, they need not to be addicted and also be using what they can afford to lose.

This is just another sign that some countries are already recovering. People are now able to gamble and play because lots of sports have got back to normal operations again. Some employees were able to go back to their job and companies have resumed so lots of people have their capital for gambling. It's a good thing that we're all getting back to our normal lives little by little. I just hope that we could still have the right mindset when it comes to gambling.

[FontSeli]

~

France really sets an example for other countries alike. I do think the countries where the gambling is open and regulated are going to recover faster as compared to the others since they are generating immense revenue for the government and at the same time the players also have a lot to choose from.

I do not understand how the French government can regulate online casinos in their country. Any campaign can open an online casino in a country that does not comply with French law and players from France will be able to play there. Of course, it is possible at the level of national providers to prohibit access to foreign gambling sites, but using VPN citizens will still be able to play there.

[nikola22]

it's no surprise that gambling activity in France is recovering. many people stay home and use online casinos for fun or for earning some money. I think that such situation is similar to some other european countries.

[Fredomago]

Online gambling are really helping the gambling companies, even some events were still available and accessible on the internet for betting purposes during the pandemic. I think this will not be only france but many parts of the world as things are becoming back to normal. With time, the gambling industry will like before and also grow higher. But as people will continue to gamble, they need not to be addicted and also be using what they can afford to lose.

This is just another sign that some countries are already recovering. People are now able to gamble and play because lots of sports have got back to normal operations again. Some employees were able to go back to their job and companies have resumed so lots of people have their capital for gambling. It's a good thing that we're all getting back to our normal lives little by little. I just hope that we could still have the right mindset when it comes to gambling.

Small step towards recoveries are showing now, those gambling business are able to run little by little like what you have said
those sports are now working and betting sites are capable to offer odds for gamblers to start having lots of options to bet with,
it's showing that the process for recovering are really showing the full potentials.

From here, the government can collect much better taxes to aid other businesses who are having problem surviving
due to this covid spread out, having a good sign of people gaining interest will allow this business to push further.