Online casinos and sports betting platforms are big businesses like we all know, and currently considering the economic situation of things around the world many businesses are affected and have been taking measures to cut costs in terms of reducing staff, taking loans etc to still be able to sustain operations. How do you think online casinos and sports betting platforms are adjusting to manage the situation?
I think that the online gambling/sports betting industry is one of the most profitable industries around the world.
Even in times of crisis the gamblers and sports bettors keep spending money on gambling/sports betting.
How expensive is to sustain an online casino/sports betting platform? I don't know. Maybe we should ask someone, who owns a big online casino/sports betting website. I don't think that the cost is that big and I don't believe that many online casinos/sports betting sites would fire a big part of their employees.
Getting loans in times of a recession is a big mistake. The interest rates are going up and the future revenue might be going down. I'm talking about other businesses. The online gambling industry doesn't need loans, in order to survive.