The Gambling company that did hit the jackpot during the pandemic.

[adzino]

It's not only bet365 that got lucky during pandemic. All most all well known casinos, specially those crypto casinos has seen a rise in betting volume during this pandemic. People were at home. They had nothing to do and thought gambling would be fun.
On other hand, the price of bitcoin and other crypto currencies also played a role in this sudden gambling boom. As the price started to rise more and become more trending, people had "more money" to place bets on different events or just gamble them away!

[Kittygalore]

Actually pandemic helped the gambling industry a lot and I know this because during pandemic I was chatting at stake with fellow gamblers at times when I was bored and I saw a growth in the number of bets despite the number of matches actually going down.

There were thoughts that people will save more money during tough times but actually rich people who had tons of money but were busy during regular days got a lot of room to do careless things like gambling and even trading. I heard that a lot of people started trading in crypto during pandemic days because they had money and a lot of spare time.

People has to something while they are inside their houses and if gambling is what can help you occupy your boredom then so be it. But if everything is slowly going back to less lockdowns and isolations and with more people having their jobs occupy their time, I think that the traffic in the gambling websites is going to significantly decrease but there will be people that are going to come back.

[slaman29]

Sorry but it seems like a super shill article and 2019 earning $420 (did anyone else notice this) has nothing to do with the pandemic by the way;) Covid was first detected in late 2019 but only in 2020 did all the bookies close down because of corona.

It's not a shill article if you read the whole.

That part of the article wherein Denise Coates, who runs bet365, earned more than $420 million in 2019, is just telling us that the company is really profiting prior pandemic then boost more its revenue despite lots of people struggling financially during the pandemic.

Yeah, I know it's a New York Times article and it's just written in a style to sort of show us just how bad it is and how lavish the company was with all their money thrown around. But either it's a shill article (subtle paid sponsorship to throw spotlight on so-called private guys) or it's a non-objective article to my reading. Just the tabloidish feel of the start turns me off reading this:) No offence at all of course!

But just because you have a sponsor on a shirt of every football player doesn't make you "own" the team. Sorry.

[imstillthebest]

i dont see a change there . online gambling in india was still restricted so when everything returns to normal , there will be no changes that will be made at all .
 what is the real change that can happen is people will go back to thier busy life and will have less time for gambling  .
bet365 reported their income before but why wont they report it now ?  are they shy to tell that thier income trippled during this season  . dont worry we wont beg bet365

[uneng]

It's interesting how this pandemic affects directly economies negatively, what decreases jobs and income of the families, but at same time gambling revenue increases on the opposite hand.
Theoretically people should have less money to spend nowadays, so how is it possible? Isn't this crisis we are living for real?

[bitzizzix]

Actually pandemic helped the gambling industry a lot and I know this because during pandemic I was chatting at stake with fellow gamblers at times when I was bored and I saw a growth in the number of bets despite the number of matches actually going down. There were table tennis matches being done and people were betting like crazy and they even played casino once they visit the site. I think the medical industry and gambling are two clear benefactors during and after the pandemic.

There were thoughts that people will save more money during tough times but actually rich people who had tons of money but were busy during regular days got a lot of room to do careless things like gambling and even trading. I heard that a lot of people started trading in crypto during pandemic days because they had money and a lot of spare time.

For them, especially the general public, because of the limitations caused by the pandemic, they will think repeatedly about gambling and make more use of their limited income to make ends meet.
But for those who already have a lot of money or are already rich, take advantage of the opportunity to play gambling to make more money and many also switch to offline or online casino gambling during the pandemic, but the majority of all of this is because it is supported by circumstances and expertise.

[alegotardo]

Like any virtual service, what can be done through the screen of a computer or smartphone saw an excellent opportunity to grow during the pandemic.
I just don't know if gambling has brought more entertainment to its users or the desire to commit suicide (It's a joke).

With a good online gambling site that accepts Bitcoin, we can bet even in countries where this type of "commerce" is prohibited.
Those who live in these countries and found themselves at home with nothing to do, with Bitcoin only valuing, certainly must have made a bet.

[$crypto$]

It's not only bet365 that got lucky during pandemic. All most all well known casinos, specially those crypto casinos has seen a rise in betting volume during this pandemic. People were at home. They had nothing to do and thought gambling would be fun.
On other hand, the price of bitcoin and other crypto currencies also played a role in this sudden gambling boom. As the price started to rise more and become more trending, people had "more money" to place bets on different events or just gamble them away!

Casinos on crypto have experienced quite a significant pace, this indicates that people like crypto-based betting volume is increasing every day and many new casinos have come up with lots to be promoted here even so many have to try to get the jackpot during the pandemic . LOL
With the trend there is an important role here, I know everyone wants to increase their finances, but what they play, especially in gambling, is a very fun thing.

[Twentyonepaylots]

With the sudden shift of transactions into digital, gambling saw this as an opportunity and the whole industry went pedal to the metal, and obviously it paid off well for them. And with more people seeing the benefits of betting virtually compared to in person, this trend doesn't show any signs of stopping.

[Goodluckmate.com]

What do you think ?
Will the government think twice before keeping the gambling market the same or will they revert back when everything is normal.

I personally think that pretty much every gambling company hit the jackpot during the pandemic. I don't think that any online casino reported losses even though there are hundreds if not thousands of gambling sites now. It's a lucrative business even when there's no pandemic, that's why we see so many new brands every day.

As for the government, I think they already impose new restrictions and issue fines to operators through the UKGC. They banned credit card gambling last year, now they're restriction max bets on slots, minimum period between spins, removed autoplay too. I think I read something about affordability checks also. So i don't think they just consumers gamble carelessly but they could probably do more to protect problem gamblers.

That's just my opinion, we'll see what the future holds. Anyway, I don't expect too strict regulations as everyone loves the money iGaming brings them. 

[Lanatsa]

We can really differentiate the two even though this pandemic doesn't exist or shall we say we do talk on those normal days that we do have.
Not all business will really be getting that success.

I agree. Even this pandemic didn't happen, we can't assure if those other companies will be successful. Bet365 already established a good name in crypto gambling so expect that even pandemic, there will be lots of gamblers that will use their site.

Trust, reputation, good support, and having no problem with the government laws and policies regarding gambling - these are the mainly good characteristics that gamblers want on a certain site.

You wont really be getting that reputation if you wont really be having those kind of factors which is understandable on this kind of situation.So when it comes to success talks

then as a business owner then you should do all sorts of things first before minding if you would really be making money or not.Try to give out the best service as you could

and you would surely see on what would be the outcome as you go by.This isn't a simple thing because business doesn't really start on being successful and actually
the start up is the most biggest challenge of all.

[just_Alice]

It's true, many countries benefited from gambling, and the fact that there was a wide range of gambling legalizations around the world only proves it. It is well-known, that the revenue from imposing taxes on casinos is astronomic and nothing will stop the underground and black market casinos from popping up, so why not allow it instead?
I hope that when the pandemic is over the governments won't shut the casinos down right away.
Firstly, we don't know when it's going to end, it can years.
Secondly, all countries are experiencing tremendous financial losses every day, so it will also take a lot of time for them to recover and it wouldn't be wise to shut down something, that's powering the economy. And in the end, people might just get used to it so much, many will find workspaces in casinos, that it would be absolutely pointless to enforce a ban at that time.

[ethereumhunter]

With the sudden shift of transactions into digital, gambling saw this as an opportunity and the whole industry went pedal to the metal, and obviously it paid off well for them. And with more people seeing the benefits of betting virtually compared to in person, this trend doesn't show any signs of stopping.

Contrarily, online gambling will still grow in this pandemic, making people move from the traditional casino into the online casino. If the pandemic still makes people not go out freely, while the gambler misses the chance to play gambling, they will use online gambling to gamble, which means the gambling industry will have many new gamblers. The online casino looks like to hit the jackpot in this pandemic because they get many more members from the offline gamblers that move into online gamblers.

[qwertyup23]

Hmm, the gambling industry brings more good than harm during this pandemic economically speaking.

As the government struggles to look for alternatives in order to gain revenue, taxing online gambling websites may not only contribute to the country's revenue but this would also enable the government to create projects/opportunities for people who are deeply affected by the COVID-19 virus.

What do you think ?
Will the government think twice before keeping the gambling market the same or will they revert back when everything is normal.

I do think that the government would seriously consider about the situation but I doubt that they will do anything that would affect the online gambling industry. The reason on why the government tax is because it provides revenue. Revenue gives the government the fund in order to create establishments which would be catering to the population.

[Oilacris]

With the sudden shift of transactions into digital, gambling saw this as an opportunity and the whole industry went pedal to the metal, and obviously it paid off well for them. And with more people seeing the benefits of betting virtually compared to in person, this trend doesn't show any signs of stopping.

Contrarily, online gambling will still grow in this pandemic, making people move from the traditional casino into the online casino. If the pandemic still makes people not go out freely, while the gambler misses the chance to play gambling, they will use online gambling to gamble, which means the gambling industry will have many new gamblers. The online casino looks like to hit the jackpot in this pandemic because they get many more members from the offline gamblers that move into online gamblers.

Indeed the right or perfect time for these business to flourish on because majority of people are really inside of their homes which means they do likely get involved with online activities which
would really included gambling with that.

If we do try to look on how many gambling sites online had launched up their business which does really indicate that the demand is really rising which is understandable.

Aside from essential business, this also did really make out some huge progress or revenue on these pandemic times.

[crzy]

With the sudden shift of transactions into digital, gambling saw this as an opportunity and the whole industry went pedal to the metal, and obviously it paid off well for them. And with more people seeing the benefits of betting virtually compared to in person, this trend doesn't show any signs of stopping.

Contrarily, online gambling will still grow in this pandemic, making people move from the traditional casino into the online casino. If the pandemic still makes people not go out freely, while the gambler misses the chance to play gambling, they will use online gambling to gamble, which means the gambling industry will have many new gamblers. The online casino looks like to hit the jackpot in this pandemic because they get many more members from the offline gamblers that move into online gamblers.

That’s exactly what’s happening right now, gamblers are switching from the traditional into online gambling because of this pandemic and many casinos still make a good money because of the loyal gambler plays on their site despite of the situation. Casinos are helping the government as well and its good that they are still operating and making their way yo make profit, if you’re looking for a good place to gamble, look for the best online site that is available in your country to be more safe.

[ethereumhunter]

With the sudden shift of transactions into digital, gambling saw this as an opportunity and the whole industry went pedal to the metal, and obviously it paid off well for them. And with more people seeing the benefits of betting virtually compared to in person, this trend doesn't show any signs of stopping.

Contrarily, online gambling will still grow in this pandemic, making people move from the traditional casino into the online casino. If the pandemic still makes people not go out freely, while the gambler misses the chance to play gambling, they will use online gambling to gamble, which means the gambling industry will have many new gamblers. The online casino looks like to hit the jackpot in this pandemic because they get many more members from the offline gamblers that move into online gamblers.

Indeed the right or perfect time for these business to flourish on because majority of people are really inside of their homes which means they do likely get involved with online activities which
would really included gambling with that.

If we do try to look on how many gambling sites online had launched up their business which does really indicate that the demand is really rising which is understandable.

Aside from essential business, this also did really make out some huge progress or revenue on these pandemic times.

At this pandemic, it could be a big transformation from a traditional business into an online business. The payment system also transforms into a digital payment that gives a chance for crypto to be used as the new payment system. Online gambling sites take the benefits of this pandemic, but the other business that has an offline business also change and get more customer from many places. It will grow more than today, no matter if the pandemic end because the business owner realizes that the internet helps them grow their business.

With the sudden shift of transactions into digital, gambling saw this as an opportunity and the whole industry went pedal to the metal, and obviously it paid off well for them. And with more people seeing the benefits of betting virtually compared to in person, this trend doesn't show any signs of stopping.

Contrarily, online gambling will still grow in this pandemic, making people move from the traditional casino into the online casino. If the pandemic still makes people not go out freely, while the gambler misses the chance to play gambling, they will use online gambling to gamble, which means the gambling industry will have many new gamblers. The online casino looks like to hit the jackpot in this pandemic because they get many more members from the offline gamblers that move into online gamblers.

That’s exactly what’s happening right now, gamblers are switching from the traditional into online gambling because of this pandemic and many casinos still make a good money because of the loyal gambler plays on their site despite of the situation. Casinos are helping the government as well and its good that they are still operating and making their way yo make profit, if you’re looking for a good place to gamble, look for the best online site that is available in your country to be more safe.

Offline gambling has a big chance of expanding their business using the internet and making more money because that means they will get more members from many countries. The casino needs to concern for its members and manages their reputations and they can grow the business because now, they have two places that need their attention to manage. They need to search for the best online gambling for the gambler to not get a problem in the future.

[peter0425]

There are Many gambling that succeed During pandemic specially those Illegal operations because Gambling Physically really increases the demand back in the Heat of pandemic.

But these sites that mentioned?  Damn Jackpot is Indeed.

There are only Few of them that gets what they wanted because we had saw some who had closed during the pandemic since last year.

[DoublerHunter]

~snip~
But these sites that mentioned?  Damn Jackpot is Indeed.

^ Definitely indeed.
I am really not surprised, their company is already diversified, they don’t only earn with single stuff. They also have almost all the chains of business in their chosen industry. Also, the best thing they did was they partnered with the government internally/under the table.
Nevertheless, that is why they are winning (if it really is true). Gambling pays a lot of taxes though, regardless if they negotiate with the government, the government will still earn their cuts in the end. No kidding.

[Wexnident]

~

At this pandemic, it could be a big transformation from a traditional business into an online business. The payment system also transforms into a digital payment that gives a chance for crypto to be used as the new payment system. Online gambling sites take the benefits of this pandemic, but the other business that has an offline business also change and get more customer from many places. It will grow more than today, no matter if the pandemic end because the business owner realizes that the internet helps them grow their business.

Highly doubt the transition to fiat payment to crypto payment. Crypto isn't the only method for digital payment, and as much as I hate to say it, it isn't really optimized to the point where people can freely access crypto and use it as a mode of payment right now. Though I do hope crypto payments grow as digital payments, realistically speaking I'd rather avoid it becoming one through gambling, since most of what's happening in crypto payments is through crypto casinos. This just makes it natural for those types, since crypto casinos specifically accept cryptos. It kind of puts up a wall that crypto isn't for generalized "digital payments" but rather for "crypto gambling payments" only.