COVID19

[arbboy]

Not a cat in hell's chance of a fast economic recovery.

Slow and painful maybe.

Until a vaccine is found and mass produced or decent therapeutics available then the world as we knew
before has long gone.

As an aside , Dusk Till Dawn must be in danger of closing down ?

Very difficult to observe any protocols with how poker is played sharing chips cards etc.

Live casinos might never come back (or need to come back) as people can punt online so easily.   Live poker must literally be the last thing to return as it ticks every box for chaos virus wise. 

[TightEnd]

Not a cat in hell's chance of a fast economic recovery.

Slow and painful maybe.

Until a vaccine is found and mass produced or decent therapeutics available then the world as we knew
before has long gone.

As an aside , Dusk Till Dawn must be in danger of closing down ?

Very difficult to observe any protocols with how poker is played sharing chips cards etc.

Rob was in the forefront of moving live events online, these have gone fantastically at all buy in levels to help mitigate the damage  but yes, no prospect of live poker til next year and then pre vaccine under much different operating conditiond

[arbboy]

[quote author=bookiebasher link=topic=68630.msg2279495#msg2279495 date=1588958070]
Not a cat in hell's chance of a fast economic recovery.

[/quote]

Sharp quick thinking business people will make fortunes in this era because change always provides the fastest thinking with the best opportunities to have it right off who can see the future before the future happens.  This is one of those moments.  Dinosaurs will die but the razor sharp will love these economic circumstances.

[arbboy]

Not a cat in hell's chance of a fast economic recovery.

Slow and painful maybe.

Until a vaccine is found and mass produced or decent therapeutics available then the world as we knew
before has long gone.

As an aside , Dusk Till Dawn must be in danger of closing down ?

Very difficult to observe any protocols with how poker is played sharing chips cards etc.

Rob was in the forefront of moving live events online, these have gone fantastically at all buy in levels to help mitigate the damage  but yes, no prospect of live poker til next year and then pre vaccine under much different operating conditiond

Is that the reality tighty then?  Next year the earliest live poker comes back if it ever does?   Has that been discussed at dtd towers?  I can't see anything opening later than live casinos/poker in terms of this lockdown.  Even gyms are less of a risk than live poker

[TightEnd]

Not privy to the discussions. It just had to be alongside big sporting crowds as the last things to come back

[bookiebasher]

Although as I understand the club was not profitable , to see what you have created against all the odds and
the power and money of the big casino operators , it must be heartbreaking to see in effect "his baby" suffer in
this way.

A fantastic club , great staff , great atmosphere , felt completely at ease there , which i didn't find at other casinos.

Online just doesn't do it for me and i know many others feel the same.

Sorry for derailing the thread , obviously understand much bigger issues on the line.

[bookiebasher]

[quote author=bookiebasher link=topic=68630.msg2279495#msg2279495 date=1588958070]
Not a cat in hell's chance of a fast economic recovery.

Sharp quick thinking business people will make fortunes in this era because change always provides the fastest thinking with the best opportunities to have it right off who can see the future before the future happens.  This is one of those moments.  Dinosaurs will die but the razor sharp will love these economic circumstances.
[/quote]

They may make fortunes for themselves , plenty of sharks in the water and asset strippers.

[arbboy]

Not privy to the discussions. It just had to be alongside big sporting crowds as the last things to come back

I totally agree.  As for dtd i get what Jim is saying.   It seems the whole project was constantly against the odds from before it was even open.   You aren't derailing the thread there are bigger issues on the line but this a poker forum ultimately and they are the market leaders in live poker for most of this forums life.  DTD and rob have changed the game for the last 12 years live.   What happens in the future no one knows.   One thing for certain is that in 30 years time anyone our age who played poker in the glory days will talk about DTD until the day they die.  It really was the best and changed everywhere else in the land standards wise.

[arbboy]

[quote author=bookiebasher link=topic=68630.msg2279495#msg2279495 date=1588958070]
Not a cat in hell's chance of a fast economic recovery.

Sharp quick thinking business people will make fortunes in this era because change always provides the fastest thinking with the best opportunities to have it right off who can see the future before the future happens.  This is one of those moments.  Dinosaurs will die but the razor sharp will love these economic circumstances.

They may make fortunes for themselves , plenty of sharks in the water and asset strippers.


[/quote]

I don't think this type of situation suits asset strippers it suits people who see a totally different future (like denise did in 2000 with 365, spoons boy wiith pubs in the 1990s and ryanair etc) and totally change the game long term and start something new from nothing and just destroy the inefficient old school competition whatever industry it is.   Now is a time for be a visionary not a bean counter.  IMO the next few years business wise will be great once this virus is over.   The true business types will change the world.   Stripping old dinosaur businesses won't really make you rich because the whole business generally will be worthless. 

Poeple will look back on 1980-2020 and say 'did people really waste 4 hours a day travelling to work five days a week on a train to London from Kettering/Leicester/Market Harborough etc etc  why didn't they just work from home?'     This will be really life changing moving forward.

[bookiebasher]

So much wealth concentrated by so few individuals means they just buy out competing companies or use
their financial muscle to break them.

The figures in wealth inequality are staggering and in my opinion the only people who are going to get
substantially richer from this pandemic are those who are already mega rich.

Understand your argument , it's a bit like the internet boom where first in with a decent project got the lot.

[EvilPie]

So much wealth concentrated by so few individuals means they just buy out competing companies or use
their financial muscle to break them.

The figures in wealth inequality are staggering and in my opinion the only people who are going to get
substantially richer from this pandemic are those who are already mega rich.

Understand your argument , it's a bit like the internet boom where first in with a decent project got the lot.

Shouldn't just be the sharks who prosper. Any small, well run Company with quality staff will also do well as the poor competition falls by the wayside.

[arbboy]

So much wealth concentrated by so few individuals means they just buy out competing companies or use
their financial muscle to break them.

The figures in wealth inequality are staggering and in my opinion the only people who are going to get
substantially richer from this pandemic are those who are already mega rich.

Understand your argument , it's a bit like the internet boom where first in with a decent project got the lot.

Shouldn't just be the sharks who prosper. Any small, well run Company with quality staff will also do well as the poor competition falls by the wayside.

exactly this.  This will kill so many inefficient dinosaur companies that should have been killed off years ago if this wasn't to happen.   It has done a lot of firms a favour making it happen quicker and making it less painful and less deluding they actually have a business.   So many middle england types don't have businesses they have hobbies that rely on soft middle england money which will dry up.  Coffee shop/up market cafes/clothes shops etc.   They will be found out and sent back to the corporate world they wish they had never left.

[Pokerpops]

So much wealth concentrated by so few individuals means they just buy out competing companies or use
their financial muscle to break them.

The figures in wealth inequality are staggering and in my opinion the only people who are going to get
substantially richer from this pandemic are those who are already mega rich.

Understand your argument , it's a bit like the internet boom where first in with a decent project got the lot.

Shouldn't just be the sharks who prosper. Any small, well run Company with quality staff will also do well as the poor competition falls by the wayside.

exactly this.  This will kill so many inefficient dinosaur companies that should have been killed off years ago if this wasn't to happen.   It has done a lot of firms a favour making it happen quicker and making it less painful and less deluding they actually have a business.   So many middle england types don't have businesses they have hobbies that rely on soft middle england money which will dry up.  Coffee shop/up market cafes/clothes shops etc.   They will be found out and sent back to the corporate world they wish they had never left.

A lot of those ‘hobby’ businesses enrich our daily life. Plus, in my area a lot of them are run by ex-steelworkers and the like and are in no way a hobby. They are people attempting to earn a living. We will miss them regardless.

[arbboy]

So much wealth concentrated by so few individuals means they just buy out competing companies or use
their financial muscle to break them.

The figures in wealth inequality are staggering and in my opinion the only people who are going to get
substantially richer from this pandemic are those who are already mega rich.

Understand your argument , it's a bit like the internet boom where first in with a decent project got the lot.

Shouldn't just be the sharks who prosper. Any small, well run Company with quality staff will also do well as the poor competition falls by the wayside.

exactly this.  This will kill so many inefficient dinosaur companies that should have been killed off years ago if this wasn't to happen.   It has done a lot of firms a favour making it happen quicker and making it less painful and less deluding they actually have a business.   So many middle england types don't have businesses they have hobbies that rely on soft middle england money which will dry up.  Coffee shop/up market cafes/clothes shops etc.   They will be found out and sent back to the corporate world they wish they had never left.

A lot of those ‘hobby’ businesses enrich our daily life. Plus, in my area a lot of them are run by ex-steelworkers and the like and are in no way a hobby. They are people attempting to earn a living. We will miss them regardless.

Sure you have just confirmed my point by what you said.   A lot of things enrich my life but it doesn't mean they are viable businesses to invest in/own/run.   The fact you say a lot of these businesses local to you are run by ex steel workers probably means they are looking for a retirement income in a dream that they enjoy rather than investing in a business that makes financial sense.  That was my point and you have confirmed it by what you said.   They are not proper business people they are workers with zero business experience trying to earn a living in something they enjoy rather than going back to work and doing a job they hate.  These are the types of businesses with too many 'leaks' that are primed to fail in tough times generally.

[bookiebasher]

I wouldn’t say they are hobbies.

Retail was already difficult and many Independent sole traders/partnerships were
just scraping by and with decrease in foot fall over the next 12 months they can’t survive.

No one is going to replace them.

The biggest winner out of all this is surely Jeff Bezos.

All those old and vulnerable people getting taught by their kids how to order stuff online and
finding out how simple , quick and efficient the process is.

I get that the leaner more efficient businesses will survive and prosper but for consumers
It will mean less choice less diversity and the high street declining at a far greater pace
than currently.

This pandemic will exacerbate the already huge wealth inequality in society.