In January no one could have envisioned that by March we would be staring at the biggest global recession since the 1930s.
While movement restrictions have impacted harder on the land-based sector – online has increased its share of revenues to 16% from 13% since the outbreak according to H2 – the striking from the calendar of the sports leagues and events driving the majority of global betting action has sent operators scrambling to fill the gap.
The stay-at-home effect is boosting online poker and casino activity – some operators are reporting up to 30% uplift in revenues from the latter – but they will need to ensure this is being achieved responsibly and this is unlikely to sustain in the face of a prolonged recession. What is certain is that the pandemic has forced such fundamental changes to the way we live, work, interact, socialise, travel and consume that we may never return to exactly how we did these things before.
Wherever you are, stay safe and enjoy the issue.
GET YOUR FREE PRINT COPY DELIVEREDSign up now
Weathering the storm
- Coronavirus and iGaming: The hard facts
- Crisis innovation
- The year in igaming search 2019