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Status of Online Casino Industry Since COVID-19

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by Julia Sakovich · 4 min read
Status of Online Casino Industry Since COVID-19
Photo: Unsplash

The big point that the COVID-19 world saw was the cancellation of all sporting events. This led to the punters feeling sad at the lack of any gaming market.

March 2020 was when more and more countries fell prey to COVID-19. It was only a matter of days when the disease took the form of a pandemic. All the countries started shutting down their businesses. This led to the business falling and only an uncertain future ahead for many. Online gaming fluctuated from one sector, not seeing much of a change. The table and slot lovers got their fun from the top casinos functioning irrespective of the sun or rain.

Land-based casinos shut down their operations, and this led to chaos too by last July. The avid gamers were now stuck at home and with no entertainment to enjoy too. What they finally chose to do was to look for online casinos that ran.

Later, towards the end of 2020, things started opening up, and businesses, including the Las Vegas casinos, reopened. The social distancing protocols were in place, but still, a change was visible. The big rush was anticipated, but it is still not in place. People have now taken to gambling online at the established gambling websites more than in the pre-COVID-19 era.

Changes in the Betting Arena

The big point that the COVID-19 world saw was the cancellation of all sporting events. This led to the punters feeling sad at the lack of any gaming market. They also started to bet on virtual sporting events, including greyhound racing and horse racing. Punters were betting on esports and quite more than ever too.

2021 has begun on a new note, and today, we are seeing the re-planning and events happening. The sports players may be playing to empty stands now, but many events are even opening to the crowd. This said, this year, many countries are even opening the players to visit and play off-shore. So, betting in sporting events is seeing a positive turn in 2021. Soon, sportsbetting will also begin more online, with countries relaxing their rules to allow overseas players.

North America Is a Growing Market

Before COVID 19, Europe and Asia saw a rise in the number of gamers, but North America was big. Plenty of legalized casinos worked from North America before that, and many states were even allowing the locals to bet in foreign sites. We get to see a bigger market in North America once again now in 2021. New Jersey is a top player and with the largest number of gamers too. Pennsylvania got the opportunity to legalize sports betting and online casinos.

More of Mobile Gaming

Mobile gambling has been on the rise this decade, but it was just another method of gaming. Internet gambling has been a popular way to entertain gamers. When people spent a lot of time gaming from their homes in 2020, they ended up playing from their phones. With most online casinos offering mobile gaming options, it is only logical for the gamers to pick the same for their entertainment.

All the game developers like Microgaming, NetEnt, Evolution, and others have come up with games across all categories in the mobile version. All their titles are rich with graphics and audio to give a lifetime experience. As per Newzoo’s research, the game revenue is predicted to grow to be around $174 billion.

As per the study, people spend around 90% of the time on gaming apps. This is what makes betting online more enjoyable.

Football Is the Best Market

In 2021, gamers are going to spend more time playing football or betting on football events. These include gamers from Europe more. The markets include European Championships and FIFA World Cups. These offer the gamers more scope and allow them to explore the bets and handicaps too.

Rise in the Number of Users

Gamers in the pandemic took to gaming online more often. As per the research study, more gamers spent a lot of time in online casinos. This has helped gamers to tackle the psychological issues that this depressing phase had brought. Today, we have come across many casinos that are accepting more gamers and returning to normalcy online. Join them and have fun as the world is gradually coming out of the COVID-19 phase.

Gaming News, News, Technology News
Julia Sakovich
Editor-in-Chief Julia Sakovich

Having obtained a diploma in Intercultural Communication, Julia continued her studies taking a Master’s degree in Economics and Management. Becoming captured by innovative technologies, Julia turned passionate about exploring emerging techs believing in their ability to transform all spheres of our life.

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