The casino industry has overcome many obstacles since its inception, from dealing with legislation issues to expanding into new territories, and embracing new technologies - casinos have done it all!
Now, the year 2020 has thrown a new obstacle in the way of casinos and how they operate. Land-based casinos are seeing a sheer drop in profits as fewer players are willing to risk being out in public. The new enemy that casinos are facing is the Coronavirus.
This is how the Coronavirus is affecting casinos
As the world braces itself for where the COVID-19 will spread to next, many casinos are facing a massive loss of income.
With more than 190,000 cases of the virus already reported around the world, governments and health organisations are starting to take a long, hard look at how to stop the spread any further.
Due to casinos in countries such as Macau shutting their doors for a predetermined "self-quarantine", casinos as a whole are starting to lose customers. As more and more people are becoming cautious with where they spend their time, many public spaces are taking a hit with casinos being high on that list.
To put the loss into real-money terms, Wynn Resorts is said to be losing a staggering $2.6 million every single day. Not to mention that their Macau properties were also among those who closed their doors for 2 weeks.
Shares at casinos around the world are plunging as the future remains unclear for the rest of 2020. It's suspected that the spread of the COVID-19 virus will spike before it reaches its peak and will then drop off as more people self-quarantine themselves.
But what will remain of land-based casinos once the fear of catching the virus has subsided? That remains to be seen.
How to stay safe during the Coronavirus outbreak
There's no need to spread panic or miss out on enjoying your favourite casino games during this virus outbreak. Instead, make the most of these handy tips.
- Stay home - Keeping out of public spaces as often as possible is the best possible solution for staying healthy. The Coronavirus is airborne and is spread by coming in close contact with those who have the virus.
- Wash your hands - Thoroughly washing your hands for at least 20 seconds is the best way to ensure that you're protecting yourself after coming in contact with the public.
- Don't touch your face - This may be the toughest step to follow but it's important to keep your hands away from your face, especially if you haven't had a chance to use a high-alcohol hand sanitizer or to wash your hands.
- Keep calm and play - There's no need to panic or miss out on your favourite activities. Simply stay calm and take a look at our casino reviews to find an online casino that will keep you playing the games you love from the comfort of your home!
Play free online slots at home and let's all beat the Coronavirus together.