COVID-19, the worst global pandemic in living memory has swept the globe, killing hundreds of thousands, upending our social lives, and bringing the economies of most of all countries to a standstill.
The lockdown restrictions have seen many small and medium-sized businesses counting huge losses, several people being laid off and incomes having declined or frozen.
Surprisingly, not all businesses have been negatively hit by the epidemic. Since the pandemic started, some businesses have been making billions of shillings daily in terms of revenue and traffic. A good example of such business is online casinos, Netflix and Amazon Prime, the adult industry, online dating, cryptocurrency exchanges, insurance, and many more.
So, without further ado, let’s take a peek at how online casinos have pounced on this opportunity.
Rising Interest in Online Gambling
With so many people locked at home without much at all to focus on some reverted to online casinos as a way of killing their boredom. The pandemic has also rendered several people jobless and as such, most people have turned to online gambling as a way of making their living.
Increased Number of Online Gamblers
Another reason why online casinos have witnessed a boom is that plenty of seasoned players are using this time to hone their craft, whilst many newcomers are just discovering the thrilling joys of online gambling.
Affiliates Take Advantage of the Epidemic
Since the pandemic started, affiliates having been attracting huge traffic on their websites by writing on gambling topics associated with the epidemic.
UK Gambling Commission Reports
According to the report by the United Kingdom Gambling Commission (UKGC), there has been a rise of about 25% and 38% of the number of gamblers trying online slots and poker, respectively. All these figures have been attributed to the first couple of months of the COVID-19 crisis. Popular UK Online Casinos Lead the Way The pandemic has forced many gamblers to switch to internet casinos. This has seen popular gambling websites in the United Kingdom have been reaping a lot from this crossover. For example, Bet365 recorded a whooping of 20,500,000 gamers in action in April 2020. Other popular sites that have also reaped big include SkyBet and William Hill.
With no sight of this pandemic to end soon, there is no denying that online casinos will continue flourishing, even after the pandemic has subsided.