Many people around the world like to gamble every now and then. And where can you do that better than in a casino? Unfortunately, almost all casinos are closed until at least mid summer to prevent the spread. But you can still play your favourite game, many online casinos see an increase in the number of gamblers, so do the ones we’re suggesting. But why does online gambling become so popular because of corona?
Disastrous. Catastrophic. Ink black. The new coronavirus (COVID-19) is rapidly spreading worldwide. Nobody is spared, not even the gambling industry. Well-known casinos are locked, bookmakers are without supply and listed gambling companies see their shares crash. Research agency H2 Gambling Capital expects a worldwide turnover loss of 8% by 2020 alone.
In addition to land based casinos, the corona crisis also affects the online gambling market. Illustrative of this is the free stock fall of almost all listed online gambling providers. Especially companies that bend strongly on sports betting, such as William Hill (53% turnover through ‘sportsbook’), feel the blows. Due to the global advance of COVID-19, almost all sporting events have been canceled (until further notice). So there is no longer any offer to bet on. But online gambling companies of which slot machines or live games, are part of the core business, take advantage of this, their income increases rapidly.
Risk of contamination
When gambling in an online casino, the risk of infection with the coronavirus of course isn’t present. You gamble on the internet, so you do not come into contact with other people. Online gambling is therefore a lot safer than gambling in a land based casino. In that sense, it makes sense that physical casinos in the around the world had to close their doors.
Little difference from a physical casino
A second reason why online gambling is gaining popularity during the corona crisis is that it differs little from gambling in a land based casino. There’s indeed some difference in some games, but there are also quite a few similarities. For example, do you like to play roulette in a physical casino?
You can play this popular casino game against a computer, but it’s also possible to play live roulette online nowadays. In that case you see a croupier who performs the same actions as in a physical casino. This naturally increases the gaming experience. Besides roulette, there are plenty of other games that can also be played live in an online casino. In short: during the corona crisis, you have plenty of opportunities to place your bet!
