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?
It depends on the kind of casino you are taking about, when it comes to the big casinos which are incredibly popular within the community I doubt they are coping at all, to me this is just business as usual for them as they have so many clients all over the world and they have gotten so many profits over the years that something like this does not affect them, however for the small casinos the current crisis can be problematic since they do not have the funds or the clients to overcome it so easily, so I would expect several of those small casinos to disappear during the next months.