Coronavirus and Casinos

The lighter side... playing for entertainment, less concerned about "the math."
Post Reply
FloridaPhil
Video Poker Master
Posts: 6229
Joined: Sat Jul 19, 2008 11:28 am

Re: Coronavirus and Casinos

Post by FloridaPhil »

Too many unknowns at this point. This thing is probably like having a bad flu. Most people will recover. Thousands of elderly people die of the flu each year. Many were near death before they got sick. Until more is known, things are going to be in flux.

I expect the markets to move up and down on every Dooms Day news flash. This isn't 2008, but it's going to be volatile. You will need enough cash to get you through the next 6 months to a year. You should have been trimming profits before now. After this is over, I expect to see a 4,000 Dow. We'll see. This is going to be a nuclear hit on the Chinese. It's going to be good for American workers.

Florida is reporting new cases and two deaths so far. I expect that will get worse. Most seniors who regularly go to the casino will stay home. They will get used to having money in their pockets. They will find other things to do with their time.

olds442jetaway
Video Poker Master
Posts: 10988
Joined: Tue Aug 21, 2007 9:08 pm

Post by olds442jetaway »

I suspect on line gambling will get a boost. Portfolio so far only took a 2 percent hit. Of course I missed most of the 30 percent rise others got last year.

FloridaPhil
Video Poker Master
Posts: 6229
Joined: Sat Jul 19, 2008 11:28 am

Post by FloridaPhil »

FloridaPhil wrote:
Sun Mar 08, 2020 6:36 am
After this is over, I expect to see a 4,000 Dow. We'll see.
That should have been Dow 40,000. It could get to 4,000 before we get there. :lol:

FAA
Video Poker Master
Posts: 9254
Joined: Wed May 28, 2014 11:58 am

Post by FAA »

It’s been nice to pause the casino crises and see solvency and sanity again. My return was memorable. Three quads, capped by a max BP quad Aces.

paco13
VP Veteran
Posts: 591
Joined: Fri Sep 05, 2008 9:58 am

Post by paco13 »

It was reported today that we have a confirmed case here in the county I live in. Hudson Valley Region in NY. Man recently returned from a trip to France.

DougJ
Senior Member
Posts: 406
Joined: Sun Apr 13, 2014 9:54 pm

Post by DougJ »

We have two confirmed cases in Las Vegas, but our Governor likes to call them "presumptive cases." HM

FAA
Video Poker Master
Posts: 9254
Joined: Wed May 28, 2014 11:58 am

Post by FAA »

I think that the general psychological and financial malaise will get to a tipping point this week. Expect emptier and emptier casinos. Buffet? Sure, you’ll have the run of the place. Bar? Personal bartender. VP? Enjoy your space. Although the one annoying battle ax regular was still there.

Tedlark
Video Poker Master
Posts: 8640
Joined: Mon Oct 02, 2006 12:29 am

Post by Tedlark »

FAA wrote:
Sun Mar 08, 2020 7:30 pm
I think that the general psychological and financial malaise will get to a tipping point this week. Expect emptier and emptier casinos. Buffet? Sure, you’ll have the run of the place. Bar? Personal bartender. VP? Enjoy your space. Although the one annoying battle ax regular was still there.
Did you get an opportunity to swipe their card too?

Kidding, kidding.....

olds442jetaway
Video Poker Master
Posts: 10988
Joined: Tue Aug 21, 2007 9:08 pm

Post by olds442jetaway »

Confirmed case in Ct now. Man in 40’s lives in Wilton. Probably commutes to NY.

nomadgurl
Forum Regular
Posts: 58
Joined: Mon Jun 10, 2019 5:48 pm

Post by nomadgurl »

14 deaths from the coronavirus and 50,000 deaths from the flu. It does have people scared of the casino was dead yesterday

Post Reply