Confrontation: Coronavirus VS Gambling business
For many years, the authorities of almost all countries of the world have been fighting a nervous battle with the gambling business. Underground casinos are opening everywhere and the authorities are again throwing all their forces into the fight against betting.
https://preview.redd.it/2b4l9qv0bhr51.jpg?width=1600&format=pjpg&auto=webp&s=86b7cfdadbe8b04bd9c1de8397ef4aebc96db3c6
But then it appears: Super Coronovirus! This whole situation is like a fairy tale about a Golden egg, which everyone tried to break, but only the mouse did it. In a few months, the Coronavirus infection managed to do what the Supreme rulers of humanity took decades to do – it "killed" the gambling business!
But is this really the case? Are there no more places in the world where you can drink a glass of whiskey and bet a couple of bucks on zero?
https://preview.redd.it/79emqy92bhr51.jpg?width=1000&format=pjpg&auto=webp&s=7ac545a98144399601003c8f746ff04c0fcd46e0
The editorial of MetaCasino.pt has prepared an analytical material for you, about which branches of the gambling business were most affected by the Coronavirus.
Land-based casinos
The first and most powerful impact of the Coronavirus was on land-based stationary casinos.
In the face of an epidemiological threat, people tried to leave their homes and stay in public places as little as possible.
https://preview.redd.it/0h1c0f63bhr51.jpg?width=1382&format=pjpg&auto=webp&s=4140fb9b46e591860ab299c3d1a8b2c6dc88c93a
● USA
The famous Las Vegas, which worked smoothly during the first and Second world war, turned into a Ghost town in a matter of months. Its casinos closed for the first time since 1963, the year President Kennedy was assassinated. According to the latest statistics, the total losses of Las Vegas casinos amounted to more than 5.5 billion dollars.
● Czech Republic
Although the Czech Republic had the fewest cases of Coronavirus infection, King's Casino, which is a venue for major international poker events, had to cancel all tournaments and close for a period of quarantine. According to official data, the casino's losses amounted to about 5.5 million dollars.
● Austria
The famous Concord Card Casino, which was supposed to be 25 years old this year, was closed due to the inability to pay taxes to the state. The main specialty of this casino was poker, but in early March, the institution declared bankruptcy. The main reason is the lack of clients due to the Coronavirus epidemic.
https://preview.redd.it/0l9fisb4bhr51.jpg?width=2000&format=pjpg&auto=webp&s=fa81f63019dcee723f6cabdac628b7859f925187
Owners of land-based casinos are recommended to start developing the online component of their gambling houses as soon as possible so that the Coronovirus does not completely sink their business.
Online casino against Coronavirus
But the online casino, on the contrary, is experiencing its best times. In a situation when almost the entire world was in prison, many of the boredom began to "spend" honestly earned coins in the casino. In this regard, our editorial staff has prepared for you the TOP 3 online casinos that not only earned money during the epidemic, but also managed to bring their brand to the world level.
● Rox Casino
A casino that everyone already knew about, but they learned even better during the Coronavirus period. According to unofficial data (after all, who will tell us the truth) on the excitement of their customers, Rox managed to earn about 4 million dollars. And this is almost 13% more than the casino's income before the Coronavirus epidemic.
https://preview.redd.it/7fj1oyg5bhr51.jpg?width=2000&format=pjpg&auto=webp&s=9567d544c0b60efeef1d120e4bada83dee2bd507
● All British Casino
The most famous British online casino, with which, according to rumors, Prince Harry liked to spend his free time during the pandemic, managed to increase its revenue by up to 24%. And this is despite the fact that gambling is illegal and the UK government has introduced strict regulatory measures regarding online gambling and betting. The high attendance of this platform has brought All British Casino to a new level and attracted customers from all over the world.
● BoVegas
And while real Las Vegas endures its worst times, virtual Vegas is on top of the glory. In the face of fierce competition and in order to attract the maximum number of new customers and keep the old ones, a welcome bonus of 5000$ was introduced. Either a gift from the company, or boredom, but the number of players for the period from January to may increased by 40%. And where new players - there is profit!
Sports reference: offline or online?
The sphere of sports betting has suffered the most. The fact is that the absence of Grand sporting events such as the world Cup, the UEFA Champions League, the League of Europe, the Wimbledon tennis tournament and many other competitions were either canceled or postponed indefinitely.
According to the analytical company Standard & Poor's, the betting market fell by almost 37%. This has never happened before!
https://preview.redd.it/pqe35ocbbhr51.jpg?width=1192&format=pjpg&auto=webp&s=3f484570f0b8f23aa7a89b693d998c5fd202a021
For example, in the UK, the demand among both beginners and professional bettors for betting shops that specialize in sports has decreased by 41%, and this is despite the fact that the demand for online casinos is growing on the contrary.
In addition, during the quarantine period, offices are prohibited from using topics such as Coronavirus and self-isolation for advertising purposes.
"And if there is no sport, then there is no point in betting" - you might think. But it wasn't there! Global companies such as 1xBet began offering their clients an alternative-Belarusian football. As you know, there is no Coronavirus in the Republic of Belarus – so the President of the country said. This means that there are no reasons for changes in the gambling services market. In this regard, many ratting corporations offer their clients to bet on the Top League and the football championship in Belarus. This is certainly not the European Cup, but in the context of a pandemic, you do not have to choose very much.
The second birth of e-Sports
E-Sport has become an excellent alternative to standard sports betting.
According to the latest analytical data, e-Sports betting activity looks something like this:
● 73% - FIFA cyber football
● 21% - Counter-Strike
● 5% - Dota2;
● 1% - Other games;
And as for the world e-Sports Championships, no one canceled them. This means that e-Sport is one of the few industries where avid players carry their money in the hope of getting an adrenaline rush and earning a couple of hundred dollars. For example, the FIFA cyber football world Cup and the NBA 2K20 cyberbasketball tournament are waiting for us. Thus, e-sports, whose popularity has grown rapidly in recent years, as well as betting on e-sports have received an additional impetus to even greater development.
Alternative betting
However, bookmakers are well aware that you can not deprive their customers of the pleasure of gambling and offer alternative ways of betting.
https://preview.redd.it/huelwhicbhr51.png?width=1200&format=png&auto=webp&s=32c1f822161d24f42ea2c34ab7c4a59c2096117e
So, for example, you can bet not only on
local social events in your country, such as when the football season resumes, or the League of Europe. However, the most popular bet was on Coronovirus. Betters around the world are betting on when the pandemic will end, whether the borders of States will open, and whether there will be a second wave of the epidemic.
Conclusion
Thus, it is safe to say that no sphere of life, no economic or social sector could resist the Coronovirus. But as far as gambling business is concerned, everything is ambiguous. Actually, everything is like in betting: someone wins, such as online casinos, and someone suffers losses, such as sport ratting. But we believe that sport betting will return as the Phoenix bird as soon as all sporting events resume.
submitted by hawertin to u/hawertin [link] [comments] For many years, the authorities of almost all countries of the world have been fighting a nervous battle with the gambling business. Underground casinos are opening everywhere and the authorities are again throwing all their forces into the fight against betting.
https://preview.redd.it/2b4l9qv0bhr51.jpg?width=1600&format=pjpg&auto=webp&s=86b7cfdadbe8b04bd9c1de8397ef4aebc96db3c6
But then it appears: Super Coronovirus! This whole situation is like a fairy tale about a Golden egg, which everyone tried to break, but only the mouse did it. In a few months, the Coronavirus infection managed to do what the Supreme rulers of humanity took decades to do – it "killed" the gambling business!
But is this really the case? Are there no more places in the world where you can drink a glass of whiskey and bet a couple of bucks on zero?
https://preview.redd.it/79emqy92bhr51.jpg?width=1000&format=pjpg&auto=webp&s=7ac545a98144399601003c8f746ff04c0fcd46e0
The editorial of MetaCasino.pt has prepared an analytical material for you, about which branches of the gambling business were most affected by the Coronavirus.
Land-based casinos
The first and most powerful impact of the Coronavirus was on land-based stationary casinos.
In the face of an epidemiological threat, people tried to leave their homes and stay in public places as little as possible.
https://preview.redd.it/0h1c0f63bhr51.jpg?width=1382&format=pjpg&auto=webp&s=4140fb9b46e591860ab299c3d1a8b2c6dc88c93a
● USA
The famous Las Vegas, which worked smoothly during the first and Second world war, turned into a Ghost town in a matter of months. Its casinos closed for the first time since 1963, the year President Kennedy was assassinated. According to the latest statistics, the total losses of Las Vegas casinos amounted to more than 5.5 billion dollars.
● Czech Republic
Although the Czech Republic had the fewest cases of Coronavirus infection, King's Casino, which is a venue for major international poker events, had to cancel all tournaments and close for a period of quarantine. According to official data, the casino's losses amounted to about 5.5 million dollars.
● Austria
The famous Concord Card Casino, which was supposed to be 25 years old this year, was closed due to the inability to pay taxes to the state. The main specialty of this casino was poker, but in early March, the institution declared bankruptcy. The main reason is the lack of clients due to the Coronavirus epidemic.
https://preview.redd.it/0l9fisb4bhr51.jpg?width=2000&format=pjpg&auto=webp&s=fa81f63019dcee723f6cabdac628b7859f925187
Owners of land-based casinos are recommended to start developing the online component of their gambling houses as soon as possible so that the Coronovirus does not completely sink their business.
Online casino against Coronavirus
But the online casino, on the contrary, is experiencing its best times. In a situation when almost the entire world was in prison, many of the boredom began to "spend" honestly earned coins in the casino. In this regard, our editorial staff has prepared for you the TOP 3 online casinos that not only earned money during the epidemic, but also managed to bring their brand to the world level.
● Rox Casino
A casino that everyone already knew about, but they learned even better during the Coronavirus period. According to unofficial data (after all, who will tell us the truth) on the excitement of their customers, Rox managed to earn about 4 million dollars. And this is almost 13% more than the casino's income before the Coronavirus epidemic.
https://preview.redd.it/7fj1oyg5bhr51.jpg?width=2000&format=pjpg&auto=webp&s=9567d544c0b60efeef1d120e4bada83dee2bd507
● All British Casino
The most famous British online casino, with which, according to rumors, Prince Harry liked to spend his free time during the pandemic, managed to increase its revenue by up to 24%. And this is despite the fact that gambling is illegal and the UK government has introduced strict regulatory measures regarding online gambling and betting. The high attendance of this platform has brought All British Casino to a new level and attracted customers from all over the world.
● BoVegas
And while real Las Vegas endures its worst times, virtual Vegas is on top of the glory. In the face of fierce competition and in order to attract the maximum number of new customers and keep the old ones, a welcome bonus of 5000$ was introduced. Either a gift from the company, or boredom, but the number of players for the period from January to may increased by 40%. And where new players - there is profit!
Sports reference: offline or online?
The sphere of sports betting has suffered the most. The fact is that the absence of Grand sporting events such as the world Cup, the UEFA Champions League, the League of Europe, the Wimbledon tennis tournament and many other competitions were either canceled or postponed indefinitely.
According to the analytical company Standard & Poor's, the betting market fell by almost 37%. This has never happened before!
https://preview.redd.it/pqe35ocbbhr51.jpg?width=1192&format=pjpg&auto=webp&s=3f484570f0b8f23aa7a89b693d998c5fd202a021
For example, in the UK, the demand among both beginners and professional bettors for betting shops that specialize in sports has decreased by 41%, and this is despite the fact that the demand for online casinos is growing on the contrary.
In addition, during the quarantine period, offices are prohibited from using topics such as Coronavirus and self-isolation for advertising purposes.
"And if there is no sport, then there is no point in betting" - you might think. But it wasn't there! Global companies such as 1xBet began offering their clients an alternative-Belarusian football. As you know, there is no Coronavirus in the Republic of Belarus – so the President of the country said. This means that there are no reasons for changes in the gambling services market. In this regard, many ratting corporations offer their clients to bet on the Top League and the football championship in Belarus. This is certainly not the European Cup, but in the context of a pandemic, you do not have to choose very much.
The second birth of e-Sports
E-Sport has become an excellent alternative to standard sports betting.
According to the latest analytical data, e-Sports betting activity looks something like this:
● 73% - FIFA cyber football
● 21% - Counter-Strike
● 5% - Dota2;
● 1% - Other games;
And as for the world e-Sports Championships, no one canceled them. This means that e-Sport is one of the few industries where avid players carry their money in the hope of getting an adrenaline rush and earning a couple of hundred dollars. For example, the FIFA cyber football world Cup and the NBA 2K20 cyberbasketball tournament are waiting for us. Thus, e-sports, whose popularity has grown rapidly in recent years, as well as betting on e-sports have received an additional impetus to even greater development.
Alternative betting
However, bookmakers are well aware that you can not deprive their customers of the pleasure of gambling and offer alternative ways of betting.
https://preview.redd.it/huelwhicbhr51.png?width=1200&format=png&auto=webp&s=32c1f822161d24f42ea2c34ab7c4a59c2096117e
So, for example, you can bet not only on
local social events in your country, such as when the football season resumes, or the League of Europe. However, the most popular bet was on Coronovirus. Betters around the world are betting on when the pandemic will end, whether the borders of States will open, and whether there will be a second wave of the epidemic.
Conclusion
Thus, it is safe to say that no sphere of life, no economic or social sector could resist the Coronovirus. But as far as gambling business is concerned, everything is ambiguous. Actually, everything is like in betting: someone wins, such as online casinos, and someone suffers losses, such as sport ratting. But we believe that sport betting will return as the Phoenix bird as soon as all sporting events resume.
