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What Is The Current State Of Global Gambling In 2020

31 Jul 2020

What Is The Current State Of Global Gambling In 2020

2020 will surprise everyone. It is safe to say that most people have high hopes for the final months of 2019.

Most likely to ask it to bring them many blessings and surprises. And it brought a big surprise to everyone, maybe not the one they hoped.

The 2020 pandemic is an unprecedented situation, which brought the whole world to a halt, which no one could have foreseen.

This has had an impact on ordinary people and large companies, and even the entire industry, which leads us to the main point of this article: how the current pandemic will affect the global gambling situation in 2020.

To be sure, the entire pandemic and the subsequent sanitation blockade had a huge impact on the entire industry. However, for each different part of the industry, the impact has been significantly different. Let's take a look.

Global State of In-Person Gambling for the Year 2020

Traditional face-to-face gambling has been a bad year; there are no two methods around. The business losses caused by the lock-in cannot be better understood than viewing photos of the desolate Las Vegas Strip casino from March to the beginning of June.

The city of Las Vegas is considered the gambling capital of the world. Therefore, its closure has profound symbolic significance. Also symbolic is the image that reopened on June 4th.

You can clearly see how this pandemic still affects business there even if they are running again. The social evacuation instructions still exist and must be followed by the company.

what does that mean? This means that there is currently a limit to the number of people allowed in any land-based gambling establishment. Now only 25% of its total capacity is allowed to be used.

All personnel must wear mandatory personal protective equipment, and players must wear masks. The mask may or may not affect their next poker game, depending on who you ask.

Another thing brought about by the pandemic is the use of large amounts of disinfectant cleaner to clean your hands and anything they touch. All in all, large casino are still completely closed every day, and it is estimated that they lose $700,000 in revenue every day. It remains to be seen how much income can be accumulated through social evacuation and reopening.

Global State of Online Gambling for the Year 2020

On the other hand, online gambling is only flourishing. The most popular online gambling website reported that there has been a surge in traffic since the lock-in took effect, and even a few months later, the traffic remained high.

why? Well, if not online, where else would regular gamblers go. This pandemic will eventually become a windfall for online gambling in 2020.

For comparison, official data shows that compared with the same month last year, personal gambling lost 61.7% in March.

At the same time, according to sources such as 918kiss online slot machine real money, online gambling reported revenue increased by 65.7% compared to the same period last year. There is no other way, the online gambling boom has reached pandemic levels.