It is time to check gambling year’s results 2020. Online gaming and sports betting industries have already revealed their preliminary statistics. What did the most difficult year look like from gamblers’ perspective?
2020 was definitely the craziest year that affected all industries – the gambling one is not an exception. Though online casinos and sportsbooks didn’t collapse like many other entertaining spheres, both went
The 22BET Sportsbook shown a huge growth in 2020
Gambling year’s results 2020 are better than last year
According to the latest online gambling news, online casinos have reported greater rates of engagement than ever before. Due to the pandemic, almost all land-based casinos were closed. As a result, it led to a boost among gambling sites as the only way to play games for real money.
In 2020, experts valued the global online gambling market size at USD 59.6 billion. It is 5.9 billion more than in 2019; last year, it’s value was 53.7 billion dollars. Moreover, the global online gambling market is expected to grow thanks to the pandemic. Even when it’s over, most gamblers will probably stay at online casinos instead of visiting land-based establishments. No wonder online gambling is faster, cheaper, and more comfortable. Therefore, the revenue of the market will grow to USD 127.3 billion by 2027, according to experts’ predictions.
It is worth mentioning that data for statistics were collected from the biggest online gambling markets in the world. They include Europe, the UK, Australia, and the United States. As the year isn’t over yet and not all countries have shared their data, the final results may change.
Gamblers used more smartphones for gambling
Gambling year’s results 2020 show changes that touched upon casino gambling and sports betting from the tech point of view. In comparison to 2019, gamblers used more smartphones for gambling purposes in 2020.
According to the latest online casino news, around three hundred million people are expected to be on the final list of 2020 gambling stats. It is 100 million more than just two years ago. Thanks to the COVID-19 crisis, mobile gambling has significantly grown during the last 12 months. Moreover, it will keep on growing. Experts estimate that mobile gambling will remain the fastest-growing sector in the industry in the upcoming years.
Live betting and live casino games became popular
Following the updates, the pandemic brought live casinos to a new peak of their popularity. Live gambling became one of the most popular activities at online casinos. At the same time, live betting has also increased its rates. Although there are no official statistics yet, the reasons for such a boost are obvious – due to the closure of land-based casinos, gamblers missed the interaction with real players and dealers. In-play casinos came in handy during the quarantine when gamblers were cut off from the real gambling world.
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