Last year, early 2020 the rise of the coronavirus cases and its spread to almost all the countries of the world necessitated the enforcement of regulations that forced the closure of all businesses including casinos and even Sport events. The reason given for these measures concerns the need to stop or curtail the spread of the virus. Indeed, the world economy and most people were subjected to stay at home until it becomes safer or until a vaccine has been discovered.
Now fast forward to several months later, the government and authorities relaxed the several restrictions that were put in place to curtail the spread of the virus. Things seem to be coming back to normal, that was what we thought as football and other sporting activities were allowed to return. Even betting companies and land based casinos were allowed to open subject to strict social distancing procedures.
The Current Sporting and Casino Situation.
Recently, a surge or rise in corona virus cases and infections has led to fears of the pandemic return. Scientists advised that the new wave is a more deadly mutation of the virus. In reaction to this, governments all over the world took steps to halt the spread of this more deadlier wave.
The steps once again include massive self-isolation programs and the banning or suspension of all activities. The land-based gambling industry has also been forced to close shop as lockdown was announced. As such all gambling halls — casinos and betting shops in England and the United States of America have been told to suspend activities until a later date.
However, the big difference in this phase of lockdown is that professional sports are being allowed to continue but with the same restrictions observed. As a result, sporting teams are required to go through coronavirus testings and strict social distancing procedures.
This means the English Premier League and other elite leagues in Europe, America and even Africa are allowed to continue.
While the continuation of elite sport will come as a relief to operators, the closures of all casinos and betting shops will hit the industry hard, after the majority reopened in December following a second national lockdown in November.
How Corona Virus Has Affected The Gambling Industry.
It cannot be denied that the corona virus has a ripple effect on the gambling industry. The social distancing efforts have significantly caused a shortfall in the numbers of people visiting land based casinos. The lockdown has also put numerous businesses including Casinos at tremendous risk of running out of business. There could also be long-term effects of this on the gambling industry as this source report that the pandemic has made casinos initiate containment measures in anticipation for the eventual lifting of the lockdown. The lockdown has also opened people’s eyes to the availability of online casinos where they can also play all the games available on land based casinos. Experts predict that if people continue to favour online casinos then these factors could indeed lead to the decline of land based casino systems