This is only my opinion, but I suspect Casinos all throughout the vast APAC Region of a dozen major counties, and over half the world's population are re-thinking Online Casino Gambling right now. As the people of these areas fear the crowds and look to stay home methods for their gambling entertainment. One would think, the International Casinos are scrambling to fill this void in income. Perhaps these fears may also encourage the US to take another look as well. I believe all of this can only benefit GMGI Golden Matrix Group.
Visitation at Macau casinos is down roughly 70%. However, “Daily Online gambling is up 90% over the Lunar New Year holiday compared to last year,” Ader told CNBC’s “Squawk Box” on Tuesday. “That’s an unbelievable number, and it raises the issue of should land-based operators be converging around the world with online operators. That’s really the growing trend,” he said.
As the coronavirus continues to spread as people seek other entertainment and human connection. New data collected by the attribution company AppsFlyer revealed that travel app bookings have declined, but online social Casino Games are up 56%, USA Today Feb 19.
Advice from Asia-Pacific head of UBS Global Wealth Management's chief investment office, invest in "stay-at-home stocks. Companies exposed to online consumption, such as gaming".
I am a shareholder - Please do your own due diligence before buying or selling ANY SECURITY in the open market, there are no guarantees, but there are rare opportunities like (GMGI) Golden Matrix Group.
