Quarantine Chronicles: The Betting Industry’s Standstill
US commercial gaming revenue fell 31% to $30 billion in 2020 due to COVID-19 shutdowns, though legal sports betting revenue hit a record $1.5 billion, up 69% year-over-year, driven by online growth. Despite widespread sports event cancellations, legal sports betting handle reached $21.5 billion in 2020 across 20 states, with online betting comprising the majority and accelerating in states that enabled mobile wagering.
The COVID-19 pandemic has put the brakes on countless industries, and the casino sector is no exception. Sportsbooks, the beating heart of many gaming establishments, found themselves in an unprecedented hiatus, grappling with a shutdown that spanned across the nation. This period of quarantine has not only been a test of patience but also a journey of self-discovery for many within the industry.
The essence of sports betting, with its daily hustle and the vibrancy of customer interactions, came to an abrupt halt, leaving those behind the counters in a realm of uncertainty. Yet, amidst this pause, there has been a collective endeavor to find solace in the small things, to reconnect with personal interests, and to ponder the future of gaming post-pandemic.
Life Beyond the Ledger
With the bright screens dimmed and the cheers silenced, bookies have had to find alternative avenues to channel their energy and stay connected with the world. Chuck Esposito of Sunset Station, along with his peers from notable establishments like Bellagio and Paris Las Vegas, have turned to the great outdoors, finding solace in walking, running, and hiking. These activities have not only provided a physical outlet but also a precious opportunity for family bonding and contemplation.
Gardening and yard work have become the new norm for others in the industry, transforming their homes into sanctuaries of greenery and growth. Meanwhile, video games like Call of Duty offer an escape into virtual battlegrounds, where strategies and quick decisions still reign supreme.
Entertainment in Isolation
Quarantine has inevitably led to a surge in screen time, with many delving into the depths of television series and movies. From the gritty streets of Baltimore in “The Wire” to the political intrigue of “Mrs. America,” the choice of entertainment reflects a wide range of interests. The nostalgia of classic crime and mob dramas has provided comfort to some, serving as a connection to past times and shared experiences with loved ones.
Comfort food, too, has played a pivotal role during this time, with preferences spanning from the simplicity of grilled delights to the indulgence of pizza and pasta. These culinary choices offer a sense of normalcy and pleasure in the midst of uncertainty.
Looking Forward to Life Post-Quarantine
The eventual lifting of restrictions brings with it a mix of anticipation and planning. The longing for simple pleasures, like dining out at a favorite restaurant or hitting the gym, underscores the human desire for social connection and routine. For many, the first stop will be the barber shop, a testament to the personal upkeep put on hold during the quarantine.
Yet, beyond the immediate joys of returning to favorite haunts and activities, there’s a deeper appreciation for what was momentarily lost. Family, friends, and the very essence of their professions have taken on a new significance. The pandemic has offered a stark reminder of the value of community and the irreplaceable human interactions that enrich daily life.
The quarantine, challenging as it has been, has provided a unique perspective on life’s priorities, with quality family time emerging as a cherished outcome of an otherwise difficult situation. As the world slowly reopens, the lessons learned during this period will undoubtedly influence how we navigate the future, both within the betting industry and beyond.