Amfil Technologies Inc (FUNN): See the effects on the gaming industry a...

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shajandr

Re: beachlifeguy post# 282081

Monday, 02/03/2020 8:50:42 AM

Monday, February 03, 2020 8:50:42 AM

See the effects on the gaming industry already in Macau based on the coronavirus being found in a few people in Hong Kong.

"Jason Ader, managing partner at SpringOwl Asset Management and a former board member at Las Vegas Sands, said the most interesting observation he has had as the coronavirus situation evolves is how the virus has pushed gamblers to illegal online gambling and the one market in Asia where online gambling is legal: the Philippines."

https://www.cnbc.com/2020/01/29/coronavirus-is-online-gambling-wake-up-call-for-macau-casinos.html

Expect people in areas, like Tempe or Macau, where there have been confirmed cases to switch from in-person gaming and gambling to online gaming and gambling that they can do from the safety of their homes.

Expect game cafes and gambling casinos in outbreak areas like Tempe/ASU to be down.