The Covid-19 strain of the new novel coronavirus is putting the skids on gambling worldwide. Sportsbooks are struggling to make profits as events are either cancelled or postponed. Although we’re seeing funny memes associated with it, such as the corona beer virus isolating itself from other cold beverages in the fridge, the actual Covid-19 is causing chaos on the entertainment world (and thus the economy too).
Macau – the centre of gambling in the Far East – is trying to recover after an enforced two-week shutdown of its gaming halls. Even the brick and mortar casinos in the US, UK and Europe are under siege as patrons choose to self-isolate and stay away from large crowds.
That, of course, is good news for the remote gambling sector, where self-isolation is the norm… and freebies – like the latest Fair Go Casino bonus codes – are prevalent and easily accessible!
Global Spread Infects Thousands
The virus, which was first detected in Wuhan China in December 2019 has spread like wildfire, killing more than 3,500 people in hotspots like China, South Korea, Italy and Iran.
According to recent estimates, there are well over 100,000 infected people in more than 99 countries and teritories… and there appears to be no discernible let-up in the contagion.
To date, Covid-19 has wiped trillions of dollars off the world’s stock markets. Commercial activities have ground to a halt, schools and colleges closed, flights cancelled and international supply chains ferrying food, manufactured goods, components and raw material disrupted for the foreseeable future.
Nothing is working as it should in a world effectively held hostage by an infectious disease that has caught both scientists and healthcare workers by surprise.
Casino Share Prices and Revenue Plummet
Entertainment and casino groups in the United States and elsewhere are among the major casualties in the alarming dive in the global share prices.
MGM, Las Vegas Sands, Red Rock Resorts and Wynn Resorts have watched in dismay as their share prices have plummeted by as much as 21.5 percent in some cases – and that’s over a period of just a few weeks!
In financial terms, it’s a blood bath. What is even more worrying for shareholders is there is no guarantee things will ever return to normal. Even now, Macau casinos are operating at a loss, with takings plunging by up to 80 percent.
If you are a shareholder in one of the big gaming companies, we strongly suggest you banish the fiscal blues by redeeming one of the Fair Go Casino bonus codes right away. That way, you’ll have the opportunity to enjoy the best casino games in the safety of your own home… complements of the house.
Las Vegas Casinos Ramp Up the Safety Features
With nine reported deaths and confirmed cases of Covid-19 jumping to well over 100, the USA is on high alert. Although most of the cases are isolated to California and Washington state, Las Vegas Casinos are adopting a maximised safety routine.
Hand sanitisers are being rolled out both front-house and back and there is talk that the number of gaming tables – and the patrons who join these tables – will soon be limited to prevent the possible spread of the virus. Whether casinos will actually screen patrons before they enter the premises is still to be seen.
The problem is these sorts of emergency measures may not be nearly enough to stifle the panic caused by the disease. Many people may elect to stay away from crowded places until the virus is contained.
The Beginning of a New Remote World Order?
Even then there is a strong likelihood folk will avoid visiting public places that are not essential to their survival and well-being. Can Covid-19 change the way we work, play, shop and travel for good?
Pundits believe it could be the beginning of a new world order where everything is done remotely online. That of course would accelerate the demise of shopping malls, B&M casinos, theatres and amusement parks.
With the conventional way of doing things relegated to the dustbin of history, start-ups and companies specialising in ecommerce, streaming services, augmented reality and online gaming services, nourished by player perks like Fair Go Casino bonus codes, would experience a sustained market boom.
What About the Bookmakers?
Bookmakers on the other hand may escape the long-term impact of the virus relatively unscathed. Although dozens of sporting events in Italy, China, Vietnam, Japan and the UK have been cancelled or will be contested behind locked doors without the paying public as an audience, the possibility of sports disappearing altogether is very remote indeed.
Right now, the bookies are taking a hit. Without the sports betting opportunities presented by the likes of Serie A football fixtures, Six Nations rugby matches, F1 China, the Grand National and the MotoGP in Thailand betting companies like William Hill, Betfair, Ladbrokes and Paddy Power are sure to report declining revenue.
No Long-Term Impact Expected Due to Online Sports Betting Platforms
However, once the virus is brought under control and sporting schedules are back to normal, sport betting is expected to return to its former levels. The fact that all the reputable betting companies have an online presence is, of course, a major plus.
Along with the hundreds of remote casino games that can be fuelled by the latest Fair Go Casino bonus codes, punters can watch live streams of the best sporting events in real-time and place fixed odds or in-play bets on the action… without venturing into public spaces.
Why would anyone risk getting infected by Covid-19 and the viruses that are sure to follow when they can bet on the Champions League, the horses or Formula One from their own home? Similarly, doesn’t it make more sense to play slots, roulette, blackjack and baccarat online?
Safely redeem Fair Go Casino bonus codes on your PC or phone and enjoy the real money gaming action in a secure environment, rather than running the gauntlet of disease. You can even enjoy a cold corona beer without any risk of exposure to the virus, we promise!