France's gambling recovers

[Oilacris]

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.

For citizens that do live on first world countries then theres no doubt that they had still had some money to spend on even if they are on their own home but for those who live in 3rd world or developing countries
then this might not really be showing the same result on what we are seeing on France due to people are wise on using up their money with this pandemic.

For some countries then this would really be a viable solution into their economic problems yet most people are in their own homes which these gambling games will really be much more in demand.

One of the common way to get some taxation and some of them do even put up much higher percentage tax.It might be too much but this is one of the viable solutions
to this kind of problem.

[Kelvinid]

That is a good thing to hear. Almost everything has slowly recovered, despite the pandemic situation and economic fall businessmen are still making their way to find a solution. I would like to see also offline casinos grow as well not only for online gambling. I don't think if there will have a problem if the health protocol will strictly exercise and implemented for all gamblers.

Other countries also are getting back to the business, people got to work again at it was a big help for these gambling institutions to recover.
Soon, everything will be fine and getting back to normal life that what we have before.

[FontSeli]

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.

Now the amount of money spent at online casinos is growing everywhere. And there's really nothing surprising here. Many people have stayed at home and they need to entertain themselves. Some people need to find new ways to make money.
The problem of excessive spending of money in online casinos is already interested in Belgium, Britain and now in France. So the authorities are looking for ways to protect their citizens from excessive losses.

[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.

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.

I am looking forward to this particularly because there is already a vaccine. Their neighboring United Kingdom has already purchased vaccines in bulk for free inoculation to its citizens. So I think France would study the action of UK and probably decide on it very soon. Even though the vaccine is released quite faster than usual, it is still proven to be highly effective, although not 100%.

If this happens, it means France's economy will now be opened. That includes physical casinos.

[Kong Hey Pakboy]

Gambling in other countries like France will definitely recover because many public places are now starting to re-open their business to get back all of their losses during the community quarantine lockdowns. I think other gamblers' gambling activity has been active, even during the pandemic, because there are still online gambling sites that they could still play and continue their gambling habit.

[molsewid]

Gambling in other countries like France will definitely recover because many public places are now starting to re-open their business to get back all of their losses during the community quarantine lockdowns. I think other gamblers' gambling activity has been active, even during the pandemic, because there are still online gambling sites that they could still play and continue their gambling habit.

Indeed their country is very rich, I think even they will not open their casinos still their economy will recover and rises, that's what I am seeing with France, unlike other countries they need at least years before to recover their losses and debts, I have a friend in France, last time they got thousand positive cases in just a day but now the number is decreasing , truly they are implementing their safety measures in every thing, so even though they will allow casinos to be played physically it will not causes any problem.

[avikz]

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 of gambling is not always a decision linked to economy. Rather it is a political and religious decision. That's why you will see many countries with authoritarian government banned gambling. But for these governments, votebank matters more than revenue. One prime example is India!

Gambling is always a great cash cow for those countries who have regulated it. But unfortunately, religious and political matters have barred such great source of money!

[plvbob0070]

Gambling in other countries like France will definitely recover because many public places are now starting to re-open their business to get back all of their losses during the community quarantine lockdowns. I think other gamblers' gambling activity has been active, even during the pandemic, because there are still online gambling sites that they could still play and continue their gambling habit.

Even during the lockdowns, gamblers are surely still gambling and probably some of it just adapted to online gambling since it's much safer. And I think this could be one of the reasons how it's easy for the online gambling industry to recover amidst the pandemic because they still have customers after all. And just like what you have said, they probably get more customers now as the majority of the industries are now in the recovery phase, the same with people.

[wxa7115]

+ Revenue  =  - More losses into their citizens.

This is why you can really saw that other countries aren't really considering this kind of option and still do ban neither offline or online gambling.
They don't care about revenue or what but rather they do focus on with their citizens protection towards addiction or getting broke.

Yeah, it might be having its pro's but you cant really force them to have some re-consideration on accepting it instead.

Your response to this is going to depend on what kind of government you envision, many people see the government as a paternalistic institution that is there to help them in times of need and if that is your view I think you are not going to want governments that allows gambling so openly because you want them to take care of the people that could become addicted to it and lose all of their money, possessions and even friends and family because of it.

However if your view of the government is that it is there to guarantee your freedoms then most likely you're going to want a government that allows gambling as much as possible and that it is up to each person to decide how much they want to gamble even if sometimes they damage themselves in the process.

[Hippocrypto]

Gambling in other countries like France will definitely recover because many public places are now starting to re-open their business to get back all of their losses during the community quarantine lockdowns. I think other gamblers' gambling activity has been active, even during the pandemic, because there are still online gambling sites that they could still play and continue their gambling habit.

I don't think if most gambling stablishment in my local area will also be the same with France, that starting to recover. What's more visible nowadays was online gambling, unlike with physical activities that's not yet coming to normal. People is more hesitant these days in coming out for gambling, they're having fears of being contacted covid virus, so online or virtual gambling is the best and safest alternative.

[suzanne5223]

I do believe that we have yet another country whose recovery from the pandemic was linked to the online gambling industry.

I believe Argentina will be among the cohntries that recover from the pandemic and economic meltdown through online gambling industry cause they are set to used online gambling site revenues to reconstruct the country.

Thus I do believe that banning gambling is something that is not the solution rather the countries should look forward to regulate them.

You are right cause gambling revenue helps the country and this is why Carolyn goodman advised casinos should be in Vegas during the total lockdown time when the pandemic was at a peak.

[chaser15]

Even during the lockdowns, gamblers are surely still gambling and probably some of it just adapted to online gambling since it's much safer. And I think this could be one of the reasons how it's easy for the online gambling industry to recover amidst the pandemic because they still have customers after all.

That's why I don't believe most that people don't have money during the lockdown.

Take an example in the OP's topic, France. There is a time wherein the European region becomes the hotspot of the virus but most of the countries there are noticeably having a healthy gambling activity online.

And now that other businesses are slowly rising, expect that the online gambling industry will be more bloom. And as stated in the topic, I agree that more regulation in gambling should be looked forward by a country instead of banning it completely.

[Rengga Jati]

This pandemic may really drive many people to still fulfill their need to go to a casino but they can't. The only way is online gambling. So far, online gambling sites are everywhere to be accessed from around the world. I don't think that it is only the country's online gambling. But in fact, this worldwide has offered big online gambling indurtsies. moreover, this is the era of technology, supported by this pandemic situation, completed.
I believe that the development of gambling in that country says so. 

[TimeTeller]

Even during the lockdowns, gamblers are surely still gambling and probably some of it just adapted to online gambling since it's much safer. And I think this could be one of the reasons how it's easy for the online gambling industry to recover amidst the pandemic because they still have customers after all.

That's why I don't believe most that people don't have money during the lockdown.

Take an example in the OP's topic, France. There is a time wherein the European region becomes the hotspot of the virus but most of the countries there are noticeably having a healthy gambling activity online.

And now that other businesses are slowly rising, expect that the online gambling industry will be more bloom. And as stated in the topic, I agree that more regulation in gambling should be looked forward by a country instead of banning it completely.

Gamblers will always find a way how to get their money to satisfy their gambling desires.
So even if physical casinos are closed, online casinos are still booming because gamblers find it very accessible.
And those that are not oriented before with online casinos, they are now finding these online to be very easy to play with as they can play anywhere, at anytime of the day.
So why not get a revenue from this, right? At least the government is receiving something from this business that can help in their economic recovery.

[Ayiranorea]

This shows how people have got attached to gambling. During the pandemic everyone could've looked for opportunities and access for all their routine needs. This is what landed people on different online gambling platforms. What the industry has gained as revenue by this time period is really big. If this continues there is more chance of physical casinos getting closed.

[chaser15]

So why not get a revenue from this, right? At least the government is receiving something from this business that can help in their economic recovery.

Unfortunately, illegal online gambling activities also emerge during the pandemic. With that, the operators are making a profit without paying taxes to the government. It's useless that gambling activities bloom while the government is not getting any revenues thru tax.

That's why strict regulation is needed so that customers will only play at legit ones. And that's what they are doing after noticing the gambling industry is active even in times of pandemic.

[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.

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.

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.

But while gambling industry is Blooming who is suffering are those People that has no enough Money but because there is a Gambling casino they risking the small amount they Have just to try Luck.
I think it is not the answer for them to grow the economy ,Because that only broaden the Problem,Remember that these Gambling operator bagging Money from players and those players are People of the state.

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.

It is already discover and had just going to finality before being approved and distribute worldwide.
And another thing is if the government implement Higher taxation to these Gambling company for sure they will let the gamblers shoulder the taxes.

[ReiMomo]

No doubt that the gambling industry boosted the economy despite the pandemic where people were locked down and have nothing to do with their free time. Though everyone is aware that during those times we need to be wiser in terms of our spending but the lockdown took a few months and people begun to experienced boredom which gambling can be a good source of entertainment that could possibly bring possible outcomes or profit to a few.

The reason I am seeing that the gaming market was boosted during the third quarter because the French started to find ways in reducing boredom which may not be good for some reason but brought a positive effect on the French economy.

I guess they should not be alarmed by the increase in numbers of people who patronized gambling just because of the projected gambling activity in the 3rd quarter but on my end enhancing their regulations for the welfare of the citizen towards gambling is not bad at all.

[michellee]

This shows how people have got attached to gambling. During the pandemic everyone could've looked for opportunities and access for all their routine needs. This is what landed people on different online gambling platforms. What the industry has gained as revenue by this time period is really big. If this continues there is more chance of physical casinos getting closed.

Maybe this pandemic can be the way for the physical casino to transform into a digital casino and spread in many countries. If that so, the physical casino will become a legend in the land-based, but a physical casino will still open in some places. While in this pandemic, people need to find entertainment in gambling, and they found that online gambling can fits what they want.

But if the physical casino could still reopen and run their business in this pandemic, and the casino can recover their losses, the casino will still have more chances to survive, even if we still face the pandemic. The gambling industry itself still grows, whether offline or online casinos, because people like to gamble with gambling games.

[crzy]

This shows how people have got attached to gambling. During the pandemic everyone could've looked for opportunities and access for all their routine needs. This is what landed people on different online gambling platforms. What the industry has gained as revenue by this time period is really big. If this continues there is more chance of physical casinos getting closed.

Physical casinos wont be closed permanently this is just temporary and you have to know that not all gamblers know how to gamble online, so technically when protocol allows physical casinos will operate again. This is a good profit for some gambling site and those who adopt the online gaming are now enjoy these kind of profits, there's still a lot of casinos that is not available online and maybe because of the government restrictions, they didn't adopt at all.