Gambling industry in 2021: briefly about the important
Even though 2020 is not over yet, most experts and analysts are already looking ahead and trying to predict what awaits gamblers and the gambling industry in 2021. According to many, there will be very interesting news ahead, which concerns major mergers and acquisitions. This is indirectly confirmed by the almost completed deals on organizing joint business between such well-known companies as between The Stars Group and Flutter Entertainment, Eldorado Resorts (and William Hill) and Caesars Entertainment, Evolution Gaming and NetEnt
The COVID-19 pandemic has caused huge losses in the gambling industry. First of all, this concerns land-based casinos and bookmakers providing offline services. Of course, today it is difficult to predict what awaits us next year, as the story of the closure of gaming sites around the world continues. Today, no one can say how events will develop and how complete the lockdowns will be. However, it is already clear that even under the most favorable conditions, land-based gambling establishments will not soon cover their losses.
At the same time, the online gambling sector has received a powerful impetus for further development. Virtual casino operators do not have time to count the growing profits. This was especially noticeable at times when quarantine measures were announced in one country or another and the majority of the population was forced to stay at home. At this time, as experts note, new players who had not previously been into gambling joined the gambling users. This also raises serious concerns, since gambling addiction develops very quickly. Especially among older and younger people.
According to the most optimistic forecasts, the recovery of the land-based gambling market will not occur before the middle or even the end of 2022. There is no hope for a quick recovery from the serious damage suffered by the gambling industry this year.
