Gambling activities accounting for 60% of global gambling revenues have been subject to restriction or shutdown since the start of 2020, as part of measures to halt the spread of the COVID-19 virus.
Beginning in late January, when the Chinese lotteries were suspended beyond their usual new year shutdown, some 70 jurisdictions have taken steps to close down elements of their gambling sectors.
By the end of February only 16% of gambling revenues had been hit. But it was the month of March, when restrictions began to be enforced in Europe and the US, that the percentage rose dramatically. By the end of March more than 50% of revenues had been curtailed.
In many jurisdictions, no specific end date has been set for the lifting of restrictions. Where dates were set, several jurisdictions have already extended them further.
Macau’s casinos have reopened but are still suffering. Customers cannot visit them easily because of travel restrictions in neighbouring regions.