With criminally low share prices for most TSX-listed casino companies, now’s as good of a time to invest in this industry as ever. The gambling market is expected to reach its all-time high in Canada once the pandemic recedes, thanks to the emergence of digitalized gambling and betting. The market was propped up thanks mainly to a sharp rise in demand for online gambling and sports betting during the same period that brick and mortar casinos struggled. However, even though the casino industry has been hit quite hard, the same cannot be said for the gambling industry as a whole. Share prices dropped dramatically, and many casinos suffered considerable revenue reductions due to lockdowns and social distancing that kept customers from entering their premises to try their luck. The pandemic has brought many companies and industries to their knees, and probably none more so than the casino industry in Canada.
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