Do you think that the Virus will bankrupt MGM or Wynn?
Poll
 | 4 votes (16%) | ||
| | 21 votes (84%) |
25 members have voted
I personally think no because they have cash in the bank plus credit lines to tap. There have been BK closures in the past but they were, by and large, in AC with mismanagement at the heart of the problem.
reopen nobody will be flocking to the
casinos for a long time and most will
have to shut down or scale back
drastically. Vegas is done, I think. It
was on the way out anyway..
The psychological impact will keep people
from traveling to be in crowded locations.
Think of the convention industry, shows
etc...
This may be good for online legalization
nation wide which is what I want.
If you are an advantage player, I'm not sure that's what you would want. In the short term there might be some good opportunities,however, in a long run I actually don't think it will be good, especially if it closes down all the offshore places and we have far less brick-and-mortar casinos.Quote: rainmanIt will be very tough for LV to ride this out.
The psychological impact will keep people
from traveling to be in crowded locations.
Think of the convention industry, shows
etc...
This may be good for online legalization
nation wide which is what I want.
Online that can track every aspect of what you're doing.
I am guessing the cruise industry will be affected far more. Maybe down 15-20% going forward.
Airlines down a few percent.
Foreign travel down a few percent.
Travel to New York City? Down 10%?
Quote: SOOPOOI believe the new post coronavirus 'normal' will hurt the casinos specifically. The general overall unsanitary nature will be magnified. I think business will be down maybe 5-10% as a result of the public's changed attitudes.
I am guessing the cruise industry will be affected far more. Maybe down 15-20% going forward.
Airlines down a few percent.
Foreign travel down a few percent.
Travel to New York City? Down 10%?
Restaurants, bars and dance clubs that had normally been packed with wall to wall people... any entertainment or sport that involved a densely packed crowd
Also wonder how it affects barber shops, hair salons, nail salons , massages , businesses that rely on the complete opposite of social distancing. Obviously we all need to get our hair cut , but will anything be done differently forever in these places?
Quote: AxelWolfIf you are an advantage player, I'm not sure that's what you would want. In the short term there might be some good opportunities,however, in a long run I actually don't think it will be good, especially if it closes down all the offshore places and we have far less brick-and-mortar casinos.
Online that can track every aspect of what you're doing.
It was a very narrow comment, I am a one trick
pony I need as many online stores as I can get.
