As of today, more than 38,000 individuals have been infected with Covid-19 in the United States. Several parts of the country are experiencing huge surges in infections including New York and New Jersey. The quick spread of this virus has led to nearly all US casinos closing their doors to the public.
It’s clear that the US land-based gambling industry is in trouble. No one can say when casinos in the country can begin operating again. Today, we’re going to look back at when these casinos began to close and discuss when we might see things improve.
Let’s get into it!
Covid-19 Has Now Infected More than 38,000 Americans
As scientists have been claiming for months, the new coronavirus that emerged in China has a unique ability to spread. Infection rates in Europe have been jumping massively. In early March, we began to see rates in the United States start to increase quickly.
At the beginning of the month, less than 100 cases were confirmed in the US. A week later, this number surpassed 1,000. Today, we’re closing in on 40,000 Americans confirmed infected with Covid-19. Unless something changes, we’ll see a million cases in the country within two months.
It’s extremely troubling. Government officials recognize that testing is not where it should be. For this reason, many believe a huge number of people now have the coronavirus but have not been officially diagnosed.
We’re also seeing many choosing now to abide by state regulations. Lawmakers are requesting that people stay at home to practice social distancing. Unfortunately, there are many that are not following these rules.
Many industries are being hit hard, including the land-based gambling industry. Almost all US casinos around the country are now closed down, including ones in Las Vegas. The American Gaming Association is now pointing this out to Congress.
AGA Claims that 90% of US Casinos Are Shut Down
The United States has a large and successful casino industry. Many states allow gambling venues to operate, either tribal-run or commercial. Land-based casinos help to bring many states and cities millions of dollars in revenue every single year.
Unfortunately, the spread of Covid-19 has forced the vast majority of casinos to close down. Obviously, these venues pose a serious danger for quick infection spread. State governments have no other choice than to shut them down.
The AGA claims that 92% of all US casinos are now shut down. That’s 910 land-based casinos all around the country. A spokesperson for the AGA believes that this has already affected more than 642,000 individuals.
Bill Miller, President and CEO of the AGA, gave a statement about this situation to Congress this week.
“The federal government must act swiftly and comprehensively to get America’s hospitality employees, and the small businesses that support them, back to work,” he said. “Gaming employees, their families, and communities are bearing the brunt of this economic standstill and will continue to suffer if Congress and the administration don’t take immediate action.”
Despite the AGA’s request, though, it’s unlikely that anything will change soon. Infection rates continue to rise around the country. Until this changes, US casinos will be forced to remain closed.
Online Casino Gambling Grows More Popular
It’s a very tough time for the US land-based casino industry. In many states, however, online casino gambling is now regulated. In these parts of the country, gambling revenue is still coming in.
Even in states without regulated casino markets, this industry is still growing more popular. There are now a huge number of fantastic online casino sites in the US. Many of them offer more gambling options than the biggest land-based casinos in the country.
Some of these sites offer sports wagering options, as well. Of course, the majority of sports leagues are now shut down around the world, too. These sites will allow their members to bet on other things like Esports and entertainment.
As more casinos stay closed, online casino gambling will grow more popular. Many people still want to place bets and these sites offer the perfect platform to do so.
It remains to be seen how long US casinos will be shut down for. Many major casino companies are now requesting emergency aid from Congress. Unless something is done, many of these companies will go bankrupt.
Stay tuned for more casino news over the next few weeks!