In 2019, the online gambling market was around $50 billion. Experts estimated that it could double its value to $100 billion by 2026. The estimated CAGR for the online gambling sector is about ten percent from 2020 to 2026. Global internet betting involves gambling on various games, including casino and Read more…
The government imposed stricter Swedish online gambling limits for the remainder of the coronavirus pandemic. The new restrictions limit the amount spent on online casinos. Under the new rules, gamblers can deposit up to 5,000 Swedish kronor or around $500 a week. Also, the regulator will implement loss limits. Government Read more…
As people stay at home to avoid getting the coronavirus, it looks like the cards are stacked against casinos and the gambling industry. Although US gambling is down, industry observers are optimistic the industry will have a strong comeback after the pandemic. 2020 was supposed to be the banner year Read more…
The UK government confirmed that gambling firms qualify for the business rates holiday. It was a move to reduce the effect of the shutdown due to the coronavirus. Last week, Chancellor of Exchequer Rishi Sunak announced several actions to help businesses affected by the coronavirus pandemic. Some measured introduced by Read more…
The coronavirus outbreak led to the cancellation of most events in the world. As a result, people turn to the internet for their daily entertainment. Along with video dating and playing video games, there will be an increase in online gambling during the coronavirus shutdown. Everyone is stuck at home Read more…