Global gambling took a US$ 100 billion hit to its revenues in 2020, as a result of governments’ measures to tackle the COVID-19 pandemic. That is the headline finding from the 16th edition of GBGC’s Global Gambling Report.
Global gambling revenues fell from US$ 455 billion in 2019 to US$ 355 billion in 2020. But some gambling sectors fared worse than others. The gaming sector – casinos and gaming halls – was especially hard hit because venues were closed for long periods and international travel was limited.
But the pandemic restrictions and lockdown did provide a boost for the i-gaming sector, which saw its share of the market leap to almost 17%.
There have been signs of recovery in some gaming markets – as measured by visitor numbers and revenues – in 2021, but the situation remains fluid because restrictions and capacity limits continue to be re-imposed in some jurisdictions, as new outbreaks occur.
The new 16th edition of the Global Gambling Report is available now.
• A first global assessment of the impact of COVID-19 on gambling
• COVID-19 recovery tracker (part of the subscription)
• Full global appendix for 2019
• Expanded Operators Database