Covid-19 changing the rules of the game?

Coronavirus
Coronavirus

It is indisputable that the COVID-19 pandemic presents an existential threat both to the physical and fiscal viability of nations, such as we have never seen outside a world war in our lifetimes. Unlike earlier iterations of coronavirus  pathogens, such as SARS (2002-2004) and MERS (2012-2014), COVID-19 threatens to provide an epitaph for the passing of globalisation and connectedness as we have known it. Infections have now been reported in more than 200 countries. Borders are sealed, tourism is virtually non-existent, freedom of movement has been severely curtailed and equity markets are highly volatile. The implications for the casino industry globally are profound, and I see no likelihood of a snap-back to the way things were when the virus disappears, or is eradicated by mass vaccinations. COVID-19 has laid bare the serious distributional disadvantage associated with bricks-and-mortar casinos in an online world.  The oft-quoted mantra supporting the Integrated Resort arms’ race...

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