Market News - Gambling

Online Gambling During the Pandemic: A Statistical Overview

The COVID-19 pandemic significantly accelerated the shift from traditional to online gambling platforms. With physical casinos closed due to lockdowns, global online gambling revenue was expected to surpass $59 billion in 2020, marking a notable year-on-year increase.

 

This surge was accompanied by a growing interest in platforms offering greater privacy, such as “no KYC casinos” on Telegram, which allow users to gamble without extensive identity verification. A survey by the International Betting Integrity Association indicated that 37% of online gamblers increased their interest in cryptocurrencies and privacy-focused gambling during the pandemic.

View the original full article here: https://easternherald.com/hub/online-gambling-during-pandemic/

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