It is not uncommon to observe online gamblers or online casino enthusiasts in a conversational mood mention the name "Covid-19". This refers to the first World War. It is interesting to note how the World Wars always tend to be instigated by some sort of crisis, be it political, economic, or social. So, the same circumstances that instigate stock market trading and market crashes also tend to result in online baccarat and online poker gambling.
According to stock market news with regards to trading, there are two different kinds of investors: institutional and individual. Institutional investors include large corporations and government bodies such as pension fund and insurance companies. Individuals, on the other hand, include all of the regular Joe who has his share of stock in a brokerage firm. The main difference between the two is that institutional investors need to hold their shares in a place that is physically located. Whereas, individuals can simply transfer their funds to different brokerage firms and hope that the share prices increase.
On a recent online chat, one online casino aficionado was asked: "Can you tell me about any land-based casinos during the outbreak of the Covid-19 pandemic?" The online casino aficionado responded by telling the online chat host: "Not in my log. No, I don't have access to any land-based casinos during the outbreak of the Covid-19 pandemic. But I do own a few online casinos, namely PokerStars and Ultimate Bet.
It seems to me at least that online casinos during the Covid-19 pandemic were participating in a sort of black market. After all, online casinos are based in countries other than the ones where they are opened and operated. Further, online baccarat is played on online casinos and not on land-based casinos in the affected areas. One could argue therefore, that if online casinos were participating in any kind of illegal activity, they would not be legitimate businesses in the first place, nor should they continue to exist. I also believe that the recent news of the shuttering of the online baccarat sites in Moldova and Ukraine is a sign of the times and it may signal the end of online gambling as we know it, at least in the areas where it is legal.
While I am not sure that online casinos during the Covid-19 pandemic did anything illegal or unprofessional, it seems to me at least that the recent news of the closing of online casinos in Moldova and Ukraine is the sign of the times and it may signal the end of online gambling as we know it. If this trend continues, perhaps we will soon be seeing a true war between online casinos and traditional brick-and-mortar "good" casinos. The future of gambling therefore looks bleak for anyone that wants to gamble online. The best bet for now however, is to play at your favorite land-based casino to avoid any losses during these hard economic times.
It is important to note that even though online casinos in the former Soviet Union and Moldova were shut down, many of their actual clients may still be playing online. In other words, even though you cannot win any money at them, they are still running their online casino sites such as hfive5 and still allowing players to win real money. So really, while the odds are against you during the Covid-19 pandemic, you may be gambling online and not missing out on the big money game! After all, what do you have to lose? Just sit back, relax, and enjoy the games without worrying about your bank account!
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