The past decade has ended up with leaving the New Year gift under the New Year Tree. And who said that the gifts can always be pleasant and good. The new decade took the start which is very far from the good.
Coronavirus, also known as the Covid-19 is the virus, which was first discovered in Wuhan, China on the 31st of December 2019. The local virus, which has spread to almost every single country in the world, has already infected over 180,000 people, across the world in a matter of only three months.
Coronavirus has killed almost 7000 people and many people have been still infected and located in quarantine. The ones who are not in the hospitals, or in any specifically designated places, are self-isolated at homes. Many countries have moved to the emergency regime and have announced massive lockdowns.
The first country to suffer from the massive virus outbreak was China. Then several European countries followed, and now it is all over the world, across the oceans and deserts. The World Health Organisation announced the epidemic as the pandemic, meaning that the massive lockdowns in every country should be expected sooner or later.
While being in a state of isolation and not being able to do anything with it, there is not much left you can do. When every facility is closed and you are barely able to leave the house, all you can do is spend your days in front of the TV or surf the Internet. This is perhaps the best scenario for sparing your time.
One of the major industries in China is gambling. While gambling in the country is not legal, it is only legalized in Macau. This is the only province in the whole of China, where visitors can gamble and participate in any type of gambling-related event. The city is basically designed for gambling and there is nothing else to do rather than a gamble.
The city of Macau generates over 80% of the revenue via casino performance. Millions of people visit the Chinese gambling paradise annually and spend a lot of money on gambling. This is one of the reasons why the city is very lucrative and attracts many people. Not only international visitors but also Chinese people from the mainlands of China visit the city monthly. Macau is the Asian capital of the gambling industry.
The most lucrative period for Macau and gambling in China was supposed to be the Chinese New Year, by the end of January month. The best period for casinos to operate was literally nothing else but the great disappointment. Due to the virus and the massive outbreak, many cities in China were isolated by that period. People were limited to transportation and were not recommended to move anywhere, but the rooms in their houses.
Once Chinese New Year passed, and Macau had already experienced almost $300 million loss, while it was supposed to generate over $700 million, the authorities decided to shut down all 42 casinos. The shut down was an extremely difficult decision to make. 42 casinos have been closed for a two week period. This was the longest casino shut down period in the whole history of Macau.
The closure of the casinos caused a massive loss in revenue. The employers are no longer able to maintain the employees and to pay the salaries. The Asian capital of gambling is not left with many options for this period. Considering the fact that online gambling is prohibited in China, there is no industry, which can compensate for the losses.
According to gambling experts and some of the authorities in the field, this would be the perfect moment for China to reconsider online gambling. The online gambling industry is one of the most efficient industries and people all over the world are involved in online gambling. While the classic brick and mortar casinos are on the shutdown mode, online gambling could reduce the loss and somehow compensate for the closure period.
Many online casinos have been targeting the Asian market for quite some time already. It is evident that online casinos find the necessity of expanding to previously unknown markets. One of the leading casinos, such as Playamo, has made certain steps forward. It has been announced recently that the games from one of the leading developers, Red Tiger, have been added to the online casino website and the Playmo bonuses are available for the Asian customers as well. The international gambling brand will soon be marking the new standards and the countries, such as China will be the main target for the 2020 market. Especially considering the facilitating circumstances all across the world. Some
While the experts say that China should change the approach and think of the possible alternatives in order to maintain the leading position in the market, the authorities and the government are not making any sudden moves for now. On the other hand, the ignorance of the problem and possible alternatives can soon face the country with additional problems.
People who love to gamble and are having a hard time sitting at home in the isolations will sooner or later address some methods which will grant them the ability to gamble online. The activity might be considered illegal and most probably China will need to fight illicit activities. The worst scenarios are that the government could avoid the illegal issues if reconsidering their approach.
One way or another, according to some experts’ predictions, China might soon experience the second wave of the virus outbreak. As bad as it may sound, people might be balanced in quarantine all over again and the facilities once again. And there it is, the second chance for China should be given, but will they use it? That is the question.