What Effects Does COVID-19 Has on the Gambling Industry?

COVID-19

The Coronavirus (COVID-19) is now in every continent (except for Antarctica) and disrupting virtually every business globally. Every government has taken measures to slow the pandemic and to reduce the impact the virus is having on its citizens. There is a sacrifice with every decision. Most people are under executive orders to remain indoors and to refrain from being near other people. This executive order caused restaurants, gyms, shopping malls, and places of worship to shut down in most places until the threat is over. Click here for a list of nonessential businesses.

Social Distancing

The latest term applied to the behavior of people is “Social Distancing.” This means to stay at least six feet away from any other person. Even if a person is in an essential business that can and should remain open and functional during the pandemic, he must remain six feet away from any other human being at all times.

Non-essential businesses, services, and travel are banned. This has forced many businesses to lock their doors and sent many employees home.

People need people

People need people. This is why we congregate. We socialize by meeting for meals, parties, and celebrations. This primal need is what drives us to casinos. We enjoy meeting our friends and meeting new friends. We want to have great food and drinks, enjoy shows, and to try our luck at the casino games. Everyone has their favorite game. Norske casinoer is an industry leader and a global expert on the game of poker. By definition, this casino would be a non-essential business. But for the poker lover, the social citizen, and the employees that work there, it is anything but.

The laws Norske casinoer operates under are some of the strictness laws in the world. They are tested and proven. Industry leader GambleGuys.com tests the caliber of gambling games offered to you at various venues. The combination of the quality of the site, the legal regulations enforced, and the expertise of the games, (especially Poker) puts this site at the head of the line.

Cutting expenses

All kinds of businesses are cutting to the bone trying to hold on until the pandemic passes. People are being laid off. Services are being halted in every industry. Restaurants have closed their dining room and eating out means a to-go window. No one is spending money. Food and supplies are being hoarded in some cases for fear that the food and supplies will run out before the economy stabilizes. In most places, going to a doctor means a video chat as they do not want you to come to their office for fear of what you may catch. Emergency rooms are overflowing and medical supplies are coming up short in global proportions. People are beginning to understand things can get worse before they get better.

Brick and mortar casinos are closed in most countries. The hotels that thrived from casino guests are closed. The restaurants that fed the visitors for days at a time are closed. The gift shops, stores, and nice restaurants that lead to the casinos are closed. Fuel stations are open, but there are curfews and laws that are being enforced, so people are not making the wasted trip. The estimates of how much the Coronavirus has cost the gambling industry is in the hundreds of billions and still climbing. In the United States, the losses in gaming have cost more than $113 billion and are growing daily.

When you add the additional expenses in the gambling industry, such as hotels, flights, car rentals, and food you can see why the number falls sharply every day.

Online casino to the rescue?

Online gambling is not a new adventure. Most people who gamble know about gambling online. Some are playing video games online which is a great way to group with your friends online.

The casino games are the same as the ones you see in the physical casino. The casinos go to great lengths to get you to play online. You will have fun and kill some time, and they will get your business that is concentrated online so it doesn’t dry up any of their fluid assets. This is because As people who are stuck in their homes and trying to find something to do, many are setting up online personal accounts.

The casinos are drawing the customers in with major perks. Browse the sites and find the best perks to get you in. You may be offered money/credits to play with, hundreds of free spins to get you started. If there is a promo elsewhere that you like, don’t be afraid to ask for it. The casinos are in a unique situation. They need to get through the pandemic whole, just like the rest of us.

Points of interest:

  • During the pandemic, most sporting events are canceled. If your sport is betting on football, horses, or other sports events, you will not find them at this time.
  • This is not the time to participate in any type of illegal gambling. Use a quality gambling site. Exercise caution before releasing payment methods.
  • If you find yourself gambling beyond what you can afford, seek help. Gambling and gaming are for adults. Do not spend more than you can afford. 

Every day we move forward toward the goal of getting rid of COVID-19. We will recover. Until then, we must all pull together, and we will survive.