The fascination of gambling

The quick win of large sums of money is probably the first wish of all people who pass

their time with games of chance. There is hardly any other way to theoretically win

a lot of money quickly with little effort. You just have to be lucky.

Earning money is the focus

If you leave aside the notoriously unrealistic hope of life-changing, quick wins, you will find a few other motivations of various people for devoting themselves to gaming. Earning money regularly is one of them. Regardless of whether it is sports betting, slot machines, and card or dice games such as situs pkv poker online, you can find countless theories and strategies on the Internet to increase the chances of winning. Most of these strategies are hardly aimed at high profits. Especially in poker and sports betting, it is about winnings that should accumulate over a longer period of time.

Gambling as a popular pastime

After streaming services such as Netflix or Prime Video and online video games, online casinos are the most popular entertainment platforms on the Internet. And the market is growing because more and more people are trying their luck at virtual casinos. This trend has of course not escaped them, which is why the range of games is constantly developing and more and more websites are being set up where players can pursue their hobby. With the advancement of technology especially with regard to game software and streaming options, online casinos are getting closer and closer to the gaming experience in a conventional casino.

Thrill as an escape route from the gray everyday

Players who continue to gamble after their first experience usually fall into this category. Especially in the affluent western countries, where survival is largely assured and with increasing security and passivity you experience ever-smaller ranges of emotions every day, gambling can be a welcome change. Hardly anywhere else can you get a frenzy of excitement and happiness with just a few clicks.

The risks of gambling

There is nothing wrong with playing games of chance, as long as the player knows his limits and is aware of the risk he is exposing himself to while gambling. If you stop before the losses get too high and if you have an otherwise regulated daily routine with regular social contacts and hobbies outside of the gambling world, the risk of becoming addicted to gambling is low.

The digitization of the gambling business

The world is changing and with it, the digital transformation is constantly advancing. More and more processes are digital. The use of modern technologies determines people’s everyday life.

The fact is that there is practically no area that has not been influenced by digitization. The gaming industry has also changed fundamentally as a result of the digital transformation.

Online casinos are becoming more popular

If you want to play online in a casino these days such as 온카지노, you can do so without hesitation. Online casinos were kind of a gray area before. Although they were used by many people, it was unclear whether they should legally exist at all. In theory, they were illegal. But neither on the other hand. There just weren’t any specific laws. This is no longer the case. The current regulations of the State Treaty on Gambling are clearly defined. Online casinos are legal as long as the necessary licenses are in place. It goes without saying that this has contributed to its increasing popularity. Especially since online casinos were already on the rise. Now their future looks even better.

Enormous selection of games

Every real online game library has a huge selection of games to offer. In this regard, land-based casinos cannot compete. Even the larger casinos don’t have enough space to offer anything comparable to their competitors on the Internet. The selection of games is really overwhelming. The casino games alone promise hours of fun. There really are slots for everyone. Including even those that are based on famous films and series. An example of this would be the slot for Game of Thrones.

What is the future of the gaming business?

In the future, online casinos may only account for part of the revenue in the gambling industry. Another large part could go to mobile gaming. It is quite realistic that mobile gaming will have a lasting impact on the gaming industry. Sometimes mobile gaming is still in its infancy. It is already enjoying great popularity. However, it has not yet really caught on. At least in the area of ​​gambling.

The parallels between online trading and gambling

Gambling and online trading are generally viewed as two completely different pairs of shoes. But this impression is deceptive. No matter whether online trading or gambling: if you want to be successful, you have to proceed systematically to minimize coincidences, make razor-sharp analyzes, and, above all, be patient in order to be able to achieve long-term profits.

Every beginning doesn’t have to be difficult: this is how the start can be optimized

The following applies to both gambling and day trading: if you have a lot of start-up capital, you can achieve greater leverage and thus make higher profits much faster. In order to start gambling with the best possible conditions, the first step should therefore be to research and secure the best online casino bonus.

Since the operators of online casinos advertise a wide variety of types of bonuses, it is very important to use the reviews of neutral platforms when choosing the provider. This is the only way to guarantee that you will ultimately opt for the best possible online casino bonus.

Success with patience and the right strategy

The clever increase of the starting capital through bonuses alone does not automatically guarantee success in gambling or online trading. It is much more important to get the most out of your startup capital with the right strategy.

Speaking of strategy: this is exactly what ambitious players and traders should have in mind and stick to it. Because the biggest mistake you can make in gambling or online trading is to let your emotions guide you. For example, if you want to continue after a series of losses, although the sensible decision would be to back off to at least minimize the loss. Otherwise, you can quickly find yourself in a negative vortex that leads to ever greater losses.

When it comes to gambling in online casinos like 99misi, it is also crucial which game you choose.

Online casino gambling and day trading are more similar than you might think

As you can see, there are significantly more parallels between gambling and online trading than one would initially assume. Regardless of whether in the online casino or on the stock market: if you want to be successful, you have to come up with a suitable strategy and continue to implement it patiently and consistently even after setbacks.

Modern Jobs In The Gambling Industry

There are numerous professions to be taken up in the world of casinos. Thanks to the boom in the online area, some new ones have been created that are adapted to the special conditions on the Internet. But in an online casino (คาสิโนออนไลน์), there are still classic professions that also exist in a stationary casino, such as the croupier. Working in an online casino is definitely exciting and due to the current success, employees will also be in great demand in the coming years.

Table Games Dealer In  Casinos

The boom in online casinos can also be seen in Germany. A large part of the sheer incalculable mass of gambling providers also offers their services in German. Online casinos are springing up like mushrooms and consumers are having a hard time finding a suitable provider. There is also uncertainty as to whether the online casino is also reputable.

The entire industry continues to record increasing sales and earnings. According to forecasts by the experts at H2 Gambling Capital, growth of around ten percent is expected over the next few years. Global sales are rising sharply, so the need for staff is also increasing.

While the profits of the online casinos are increasing, those of the stationary casinos are stagnating. Due to the global view, of course, you cannot draw any conclusions about individual casinos here. Overall, however, a trend towards the Internet can be seen, even if the online casinos so far only generate about 1/8 of the income compared to the stationary casinos. Online casinos will continue to catch up in the next few years.

But that also depends on politics, which have still not created any specific regulations. Operating and playing in online casinos is strictly prohibited in Germany. Within the EU, however, providers are allowed as long as they have a valid license in an EU member state. Due to the lack of borders on the Internet, it is very difficult to enforce the German ban, including with regard to the freedom to provide services within the EU.

Professional fields in the casino

But despite all the adverse circumstances, the online gambling industry is creating jobs that want to be filled. Numerous employees work in a stationary casino, and one of the most important is the croupier. You cannot do without them, as they ensure that the game runs smoothly at the tables. But there are other jobs in casinos, such as receptionists, service employees such as cashiers or waiters,  security guards, technicians, administrative employees, marketing employees, event-Manager, etc.

The list could be expanded by many points and is only intended to show how complex the operation of a casino is. The field of activity at an online casino is of course somewhat different, even if the same or similar games of chance are offered. Some professions are completely absent from an online casino. No cashiers or waiters have to be employed, and reception is no longer necessary. To this end, some professions are being “replaced”.

The software developer is responsible for creating the game software and other IT staff are responsible for security. The security guards in online casinos, however, do not need to look beefy and they do not have to be able to work hard. In return, they make it particularly difficult for hackers to get past security precautions. There are of course other occupations from administration or marketing in the online area of ​​casinos, even if their range of tasks is slightly modified.

Online Gaming Is Taking Business To The Next Level

The boom in online computer games continues. After the providers were able to further expand their business during the corona pandemic, the potential for further growth is huge for the coming years. And even though there is a thin line between online gaming and gambling, the bottom line is that players are entertained and at the same time earning some extra cash. Much like a few investments on regular gambling favorites like the Sattaking in India. The only difference is that players of online computer games have a better chance of winning.

How To Make Money Playing Video Games

New customer groups mean more sales potential. This is the forecast of professional business analysts for the online gaming industry. The virtual group participants experienced a significant change at this year’s Gamescom. The so-called TAM – the Total Addressable Market – is growing as a result of the higher average income of gamers.

US players grew by more than 30%

Overall, online gaming is increasingly gaining popularity among broader sections of the population and thus acceptance and self-confidence. Because of the corona lockdown, the advantages of e-sports competitions are not only known to insiders of the scene but are also used by billion-dollar industries such as Formula 1 to transfer the passion for racing into the virtual world. Share prices of companies in the sector are among the high flyers on the stock exchange this year.

The shares of the leading US players in this sector – Activision, EA Sports, and Take-Two Interactive – have each gained more than 30% in the current year. These price increases are understandable when looking at the last quarterly reports. The additional time available during the lockdown contributed to an acceleration of growth.

An example of the growth potential is the huge success of Fortnite. Thanks to the Battle Royal mode, the game has now had more than 350 million registered players worldwide (as of May 2020). With the success of Fortnite, developer Epic Games is now flexing its muscles against the giants of the US tech industry, Apple and Google. Epic is resisting the 30 percent fee for purchases made in the respective app stores and has requested a reduction in this fee. Since Fortnite is available for free and is primarily carried out through so-called in-game sales, this battle is about more than a few million. The growing support of companies like Microsoft and Spotify for Epic could mutate into a precedent and fundamentally put the 30% levy for other app stores up for discussion.

Global networking of the gaming community

New consoles such as the PS5 from Sony or the X-Box Series X from Microsoft are also expected in the second half of the year with great anticipation. These usually caused a flood of new games and deadline pressure for developers and design studios. Because the games should be available punctually at the busiest time, the Christmas business.

According to Adrian Daniel, however, investors who want to benefit from the growing trend in online gaming should consider a few points. Since there is a concentration of demand for computer games thanks to the global networking of the gaming community, the opportunity-risk profile of the development is changing. One example of this is the CD project from Poland – with the long-awaited release of the game “CyberPunk 2077” on November 19, 2020, the company is putting everything on one card. A postponement of the completion already caused higher volatility of the share in the course of the year, because otherwise, only another game with “The Witcher” dominates the company’s sales. However, if the demand for the game does not meet the high expectations,

More than 24 billion euros in sales in China

“For long-term oriented investors it makes sense to minimize the risk of the success of individual games as much as possible,” emphasizes Daniel. Here it helps either to rely on a larger number of companies, to leave the selection to an active fund manager, or to focus on business models that limit the risk in advance. This applies, for example, to development platforms with a large number of studios or recurring AAA games. In Daniel’s view, a global focus is also imperative for investments in this sector. The world’s largest market for computer games is China, with around 725 million users and, according to Statista, an estimated turnover of more than 24.5 billion euros in 2020.

“Investors also have the opportunity to rely on providers of the necessary hardware along the value chain. With Nvidia, the leading graphics chip designer, investors have already more than doubled their invested capital this year,” reports Daniel. Last but not least, a supplementary audit of the company for sustainability aspects makes sense. Companies such as Flutter Entertainment, for example, are exposed to increased regulatory risk by offering online gaming. “All in all, long-term investors have a wide range of options to benefit from the structural growth trend,” says the MainFirst fund manager.

Online gambling: How to earn money through play

The internet has become the medium of choice. The younger semesters look at their smartphones at least once every hour to read emails, post a tweet, or keep friends up to date on social media offers such as Facebook or Instagram.

Resourceful citizens have also discovered the Internet as a source of money for themselves. They stream their gaming adventures, hire themselves out as influencers with creative make-up tips or hope to increase their stakes in online casinos such as 918kiss download. It is not easy to become a millionaire online. But who knows: happiness always comes when you least expect it.

Earning money through play – is that even possible?

In a nutshell: yes! However, don’t insist solely on luck. Sometimes it takes a lot of work to maximize your budget without having to deal with a boring desk job or even strenuous assembly line work. Poker pros alone prove that a good hand is a basic requirement for continuous sales. They consciously try to make their teammates feel insecure, upset them with bluffs, and ultimately win even with hands that are not very promising. A pinch of luck is part of it, but skill should not be underestimated. Anyone can win playing poker. But not everyone is consistently successful.

How promising are virtual casinos?

Poker is one thing, classic gambling is another. The hunt for the pot can hardly be compared to slot machines, roulette, or blackjack. After all, poker is not just based on luck, but primarily on skill. If some players have a better self-image for the respective sheets, others can be read like an open book. Poker is not for everyone. Classic casino games, on the other hand, can be learned quickly, can be tackled tactically, and generally do not require risky stakes, players want to win quickly and easily. Similar to the lottery, even completely manageable risks are enough to crack a progressive jackpot or hit the right number in roulette.

Online casinos have greatly maximized interest in the traditional gambling. You can now start a great effort and fill it with real money. Casino games can only guarantee thrills and good entertainment, not an effective additional income that can be built on in the long term.

Social Isolation Increased The Number Of Players In Online Casinos

In the first half of 2020, online gambling and betting activities made a gross revenue of 138.9 million euros. The numbers show a significant increase of 44.9% compared to the revenue made in the first half of 2019.

Number of punters rose 26%

In addition to the increase in betting volume for the second quarter of this year, the SRIJ report also shows an increase of 26% in the same period of 2019. Most players are found to be interested in two categories, casual games, and sports betting.

Mandatory confinement and the forced lay-off were important factors in the rise of new online gamblers. Many people saw the potential of online gambling and betting as a form of entertainment and an opportunity to earn extra money, considering that many have suddenly had much time to spare due to factors resulting from the COVID-19 issue.

More so, the diversity of offers and the bonuses that many bookmakers and gaming portals give to new registrants have helped in the growth of online gamblers during confinement.

Sites like mega888 are a good example of this. The site offers bonuses to inspire trials and in addition. It is the most visited online casino in South East Asia. They offer top-rated online slot games that anyone can find entertainment from.

Online sports betting: breaks in April, signs of recovery in May and June

In sports betting, local and international sports events have been put to a halt during the peak of the lockdown (March to June). This halt has had a negative impact on the betting industry and caused them to lose a lot of money in the process.

In January and February of this year, online sports betting value is almost the same as the values ​​recorded in the same period of 2019. Come March, there was a significant decrease in the volume of online sports betting compared to last year. Slow recovery had been shown in May when some sports competitions had been allowed.

While the sports betting industry had been greatly impacted by the issue of COVID-19, there’s a great chance of recovery and healing in the months and years ahead. Considering the people’s love for games, there’s no denying that recovery will be achieved sooner than later. And while online gambling has increased its number of players, and with the reopening of some casinos, the chance of balancing the economy is still greater than falling into a great depression.

Judi Online – Invest In The Market And Be Entertained While You Earn

What is judi online? Many get stressed out as a result of the various hustle and bustle of life. Because if this, we look for a quick and easy way to escape the chaos even for a brief moment. One great way to do this is to engage in judi online or online gambling where we can get to play various casino games such as the slots, poker, baccarat, dice games, and more.

Be Entertained While You Earn

Apart from the entertainment-factor it offers to get your mind of your worries and stress, it is also an opportunity for you to win and earn some money. But, similar to playing these games on land-based casinos, luck is imperative which makes the activity much more interesting and thrilling.

With judi online, you don’t have to travel to a land-based casino to play as you could easily and conveniently play such games from your mobile device, like a smartphone, tablet or laptop. By looking for a credible judi online site and registering in it, you could take a breather while at the same time earn some cash just about any time and anywhere by simply logging in.

Judi online has really increased in popularity and have become widespread across the globe especially with the continuous developments done in the iGaming industry. Hence, online gambling is expected to grow even more in the many years to come. Because of this, many contemplate if making an investment in online gambling stocks is perhaps a good idea. Yes, there are online gambling stocks to invest in.

Why Invest in the Online Gambling Market?

It isn’t unusual for entrepreneurs to not embark on a market that don’t offer an opportunity that is worthwhile. Since the field of online gambling is thriving business, it has really risen to be a financial giant at a global scale in terms of revenues.

To begin with, the online gambling market isn’t saturated or packed, however it is a market that is continuously on the rise which offers new opportunities and possibilities to investors as well as show the possibility of having high ROIs for each investment placed. So, if you are in search of a market to invest in and have confidence in expecting substantial returns, regardless if it is short or long term, purchasing stocks in the online gambling market is one surest course to take.

The stock market, for investors, is tied with a considerable amount of risk depending on the involved industry. Although gambling itself carries a lot of risk, the risk presented in the market of online gambling is minimal for investors which is why increasingly more individuals as well as businesses are getting into the game for some piece of the action.

https://youtu.be/eYhy1MS3Cv0

The Gambling And Betting Sector Will Continue To Grow In 2020

Revenues from companies operating in the gambling and betting sector will continue to grow in 2020 to the level of 12 billion lei, after advancing by 15% in 2019 compared to the threshold of 9 billion lei registered in 2018.

The growth is all the more spectacular as its speed continues to accelerate. Thus, compared to the previous year, in 2018 the registered revenues increased by over 11.4%, with a percentage point higher than the increase in 2017 and by 0.3 percentage points more than the one registered in 2015. The highest increase in the percentage remains in 2016 when revenues increased by over 17% compared to the previous year. In absolute values, the year 2018 brought revenues by approximately 1 million lei higher compared to 2017, according to Termene.ro.

“As the value of a domain increases, the percentage with which it does so begins to decrease to the point where it stagnates or even becomes negative. The fact that the growth speed of the profile industry remains high is an indication that in Romania the field of gambling and betting has not yet reached its maximum potential “, said Adrian Dragomir, founder of the Termene.ro platform.

More spectacular than the increase in revenue generated by these companies is the advance of the profits they make. If in 2013, the total profits generated at the national level were approximately 166 million lei, in 2018 they increased more than 5 times, exceeding the value of 838 million lei. A direct effect of the growth of the main financial indicators of a company (turnover and profit) is the advance of profitability. Thus, if in 2013, a company in this field earns 3 lei for every 100 lei collected, in 2016 the amount doubled reaching 6 lei (an increase of 3 lei) and in 2018 it increased to 9 lei (another increase of 3 lei).

Although the profits increase spectacularly, over half of their amount (approximately 500 million lei) was generated by companies controlled by investment funds based outside Romania. Thus, although the field generates a high profit, more than half of it is directed outside Romania’s borders.

Unlike previous financial parameters that have improved significantly, the same cannot be said about the speed of debt repayment. This indicator calculates the average number of days a company in this industry pays its debts (regardless of their nature). If in 2017 this indicator decreased, reaching an average time of 78 days, in 2018 it returned to the trend of recent years – the growth reaching a record time of about 97 days.

Sign Of Entrepreneurial Maturation

When a company becomes more profitable it is a sign of entrepreneurial maturation but this is not visible in the case of payment behavior which (at the level of activity) has a constant trend of deterioration. Whether it is financial institutions, suppliers, or customers (winners), they have to wait longer and longer until they collect their receivables, which generates a domino effect at a macro-economic level “, shows the Termene.ro analysis.

The share of companies in the field that present a high risk of entering insolvency is in a constant decrease, but it is still maintained at a high level like the idn poker in Indonesia. If in 2013, 40 companies out of 100 had this risk, the continuous decreasing trend meant that in 2018 there were on average 35 companies out of 100 that had this risk.

The fact that in the context of the constant increase of the speed of payment of debts, the share of companies at risk of entering insolvency is in continuous decrease, brings back again the concept of payment behavior. Thus, without generalizing, there are premises to believe that at least some of the companies in the field have the financial possibility to speed up the payment of debts but for various reasons they do not do this. In this regard, RedBill is the tool that can support companies in assessing this risk and acting accordingly. Through RedBill, the Office of Uncollected Invoices, you can report customers who have not paid their bills on time and who help you recover money for uncollected invoices.

 

Betting Pro, Joachim Marnitz Advice For Beginners

Joachim Marnitz is a betting professional and betting strategy expert. He studied sociology for a diploma. The focus was on empirical social research and thus on statistics. And that is exactly the basis for professional sports betting for him. You can’t compare this to the beer bet on the weekend.

The betting pro analyzes numerous data sets, the odds movements for both teams in the past, and the special conditions of the game. For example, whether certain players are blocked or injured. The decisive factor is the ambition to see the matter as a mathematical challenge. It’s like successful poker players. Luck and bad luck only play an important role in the meantime. Ability decides in the long run.

As a professional betting strategist, he spends a lot of time developing models which he works on all year round. He also concerns himself with obtaining data as efficiently as possible and analyzing daily bets and, if necessary, placing them.

Basis of Betting Decisions

Simply put, on a number of variables that are particularly relevant and the betting odds. The art of betting is to put the two in a reasonable relationship. In other words, you need to be able to turn your variables into probabilities and be closer to the truth with this assessment than the market is.

Nobody will reveal all of their secrets, but in football the frequency and quality of goal chances are of importance and their execution. An example of almost meaningless statistics in football is possession of the ball. Interestingly enough, such insignificant statistics can also be valuable when betting: namely, if they are overrated by the public, as this drives prices in a certain direction.

Professional Bettors and Bookmakers

Professionals bet with bookmakers who do not block or limit individual players. These are depressingly few, in football, they are primarily SBO, IBC, Pinnacle, and Singbet. In Indonesia, http://216.83.47.125/ is the by far the largest and the most trusted football gaming site. There are also betting exchanges such as Matchbook or Betdaq, and in Asia, there is also Foobet. For professionals, betting agents like Samvo Betbroker are also essential in order to be able to place really high sums in one go.

Typical Beginner Mistakes

Beginners bet on winners, professionals bet on (too high) prices. Beginners tend to make the mistake of viewing bets as a yes / no matter, rather than seeing betting odds as what they are: probabilities. Betting is about estimating these probabilities more accurately than the market, but few are aware of that. Another typical beginner’s mistake: betting too much of the betting capital per bet. Beginners mostly greatly underestimate the possible random fluctuations. Personally, I would not recommend anyone to bet more than two percent per bet. For this reason, it is ideal to take part in the betting expert betting competition: You risk no money, but you can still win some, and most importantly: You can test your skills under real conditions. Because you always learn the most in practice.

Advice for Beginners

Bring a lot of patience and test every idea in peace on paper or only with very small stakes. If you don’t know a mathematical advantage on your side, you shouldn’t bet. The best recommendation is: delve into betting theory because that’s the key to successful sports betting. Having a clue about the sport in question is far less important than you think.

How To Commence A Gambling Business Online

The growth of the Gambling industry online had been consistent throughout the years. Records show that there is a rise of more operators each year. This implies that there is more challenge in the effort to be on top of the industry.

How to Start an Online Gambling Business?

In order to get started in the gambling business online, there should be a good choice of iGaming software, a gambling license, as well as a trading account, and a server dedicated to the business. But there is more to this in order to make the business a huge success and of course to attract the right players.

1. Select a trusted provider of the iGaming software program. This is the most crucial decision to make because you will be working with your provider for a long time. Therefore it is necessary to check on your options when it comes to the quality of service and the cost it takes. Aim for a provider that generally meets the following requirements – a high-level gaming management system, payment choices that allow various currencies, huge betting markets coverage, use of a range of leading worldwide casino games, an easy to customize front end, gambling permit and support services.

2. Decide on what you want to offer on your gambling site for your visitors. You should decide if you only want to offer casino games, sports betting, or a live casino play. You will want to look at other gambling sites like bocoran hk to get a clear idea of what you want to offer in terms of gambling and entertainment.

3. You will need to obtain a gambling license within the targeted area of jurisdiction. While there are well-known gaming jurisdictions that offer licenses applicable to many countries, ultimately it is a local law that dominates and should be followed. You must, therefore, obtain a gambling license in the region (or country) in which you want to situate your business. It may take half a year to a year to complete the licensing procedure (it depends on the country you are applying at).

4. Work on the design of your website. What your website looks like is very important. That is why you have to choose a very attractive design or invest in your front end development. Don’t forget that your design makes the biggest difference between hundreds of similar websites.

After you have worked on all four steps, you can use a digital marketing specialist to help you get your website out there and to have better views and audience participation. A digital marketer can help boost your business with a reasonable fee.

Macau Casinos Lose 88% Due To Coronavirus

The economic consequences of the worldwide spread of the COVID-19 virus are slowly becoming apparent. Many factories in Europe and the United States can no longer meet their production standards because their Chinese suppliers have shut down. Tourism to contaminated areas has been temporarily shut down and entire local economies are shutting down.

The casino industry also suffers from the Corona virus

Macau, the Chinese gambling city with the most money being converted around the world, had to take very stringent measures in February to curb the outbreak of the virus. These measures resulted in a 87.8% decrease in gambling revenue. At land based casinos, gambling revenue consists of all bets minus payouts. In other words: that what remains in the casinos gross below the line. By February 2020, Macau sales had fallen to $ 386 million from $ 3.14 billion in the same month of 2019, when it was still operating normally. It’s not a typo: in a normal month, over $ 3 billion in casinos are lost in Macau.

What measures have been taken in Macau because of the Corona virus?

No half measures have been taken in Macau to prevent further spread of the Corona virus. The main measure was to close all Macau casinos for 15 full days, starting February 5. Although Macau was much quieter than usual at the end of January due to all the tourist restrictions, in February the always bustling city turned into a real ghost town.

And then, like The Venetian Macau, you can still be the largest casino in the world , if the doors close, the tables will also remain empty. And then not a single Macau pataca is lost at the baccarat and Sic Bo table.

On February 20, most Macau casinos reopened, albeit under strict security measures:

  • At the gaming tables, there must always be at least one space available between players
  • There must always be at least one empty slot machine between two occupied slot machines
  • Standing bets are no longer allowed, sitting is compulsory
  • All players, dealers and other casino personnel are required to wear a facemask

What are the long-term consequences of the Corona crisis for Macau?

Not only gambling sales fell by 88%, the restaurants, rooms, shops and bars also closed. The financial impact on the results of Macau casinos will therefore extend far beyond just the loss in gambling winnings. All staff had to continue to be paid during the closure, which costs a casino millions of dollars per day.

Opt to play on online gambling (http://dewapokeronline.co/) in this time of health crisis. Entertainment is still accessible, all you will actually need is a computer, an internet connection, and an account.

It is already certain that the year 2020 will be disastrous. The Corona virus effect will certainly continue for a few more months and before visitor numbers and spending patterns are at the old level, you may be a year further. Stock prices of Macau casinos may fall very sharply. The real question would be how hard will the fall be?

 

Gambling As A Business Can Lead To Loss Of Control And Profits

Gambling is a billion-dollar business for providers. A large part of this business are coming from non-regulated areas. The players bear the risk.

According to the Federal Center for Health Education (BZgA), lying about gambling is a hallmark for gambling addicts – playing with ever-increasing stakes and criminal fundraising is another. According to estimates, there are 200,000 pathological gamblers in Germany, says Tilman Becker, head of the gambling research center at the University of Hohenheim. There would also be around 300,000 problematic players.

The majority of these pathological and problematic players gamble on machines. For almost 77 percent of the players who go to outpatient counseling or treatment centers, this is the main form of gambling. This emerges from the Addiction Help Statistics 2017 of the Institute for Therapy Research.

Factual tolerance of illegal games

Online casinos and online poker are part of the non-regulated gaming market – they are illegal in many countries such as Germany and Indonesia. But even if these games are not legal, many players still find a way to have access to these sites like live casino in Indonesia (https://dewa303.id/sbobet-taruhan-judi-bola-dan-live-casino-online/). In Germany, this black market includes gambling offers that do not have a German license but do have one from another EU member state. Much of it is actually tolerated.

The unregulated market is booming

Of the approximately 14.2 billion euros in revenue generated by gaming providers in Germany in 2017, 22 percent were generated in the non-regulated area, which also includes online sports betting. The figures come from the annual report of the federal state gaming regulators. While the regulated market grew by only 1 percent compared to the previous year (EUR 157 million), the non-regulated market grew by 24 percent (EUR 626 million).

The federal states are currently debating a reform of the State Treaty on Gambling. An opening of the sports betting market is planned. However, online gambling is said to remain prohibited.

Gambling researcher Becker calls for more control and regulation from a cross-border authority. Above all, player protection must continue to be promoted: “Experts agree that a lock file is a very important preventive measure for gambling addiction.” So far there is a locking system for all arcades only in Hessen. The lock can be applied for by the players themselves, relatives or the operators.

Georg Stecker, the spokesman for the board of the German Automata Industry (DAW), advocates a nationwide biometric access system. “We don’t want to make money from addicts.” The association refers to trained personnel in the arcades – only in a legal framework could players play protected.