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COVID-19 a reduction of income of the gambling industry by 15.6

Analysts from H2 Gambling Capital adjusted its own forecast – the income of the world gambling market will decline by 15.6% in 2020. The latter – a consequence of the situation surrounding the emergence and spread of coronavirus pandemic.

 Experts note that the significant changes, according to last week, is not expected. These earlier forecasts continue to justify itself. Most countries are still in quarantine mode, but some are starting to begin to implement plans to resolve the emergency. At the same time, experts note that in 2020, as expected, will be challenging for the gambling industry.

 income falling figures for the global gaming market remained at the same level – 15.6%. Earlier, analysts began to notice that the online gambling segment showed an increase compared to the terrestrial vertical. Analysts also added that the growth can reach 30%. It is taken into account the time period from March to May.

 Splash user interest in online gambling has been ascertained in Italy, for details see the link material.

 Experts believe that to establish more accurate forecast will be in terms of vertical online poker. At the moment, it is expected that growth in the vertical will be 150%, but the segment of the online casino is likely to improve performance by 20-30%.

 According to the forecasts, which were given before the outbreak of a dangerous disease, GGR global gambling market was to reach a level of $ 472.6 billion, is currently believed that the rate will not exceed $ 400 billion.

 Recall that in Spain to an increase in online gambling operations has led the reduction of the tax rate, more on this in a separate article.

 See also: Coronavirus: impact on gaming markets around the world

 See also: How to change the user-gambling habits influenced COVID-19?

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