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Is the land-based gambling industry finally getting back on its feet?
blog xn--premierbetmoambique-hyb.club Sep 22, 2025 0
Is the land-based gambling industry finally getting back on its feet?
Summary The COVID-19 pandemic disrupted the global gambling industry, shutting down casinos, betting shops, and bingo halls for extended periods. This forced a shift toward online gambling, with YouGov research showing 63% of global bettors now prefer online over offline, and ResearchAndMarkets projecting the online market to grow from $64bn in 2020 to $112bn by [...]
Summary The COVID-19 pandemic disrupted the global gambling industry, shutting down casinos, betting shops, and bingo halls for extended periods. This forced a shift toward online gambling, with YouGov research showing 63% of global bettors now prefer online over offline, and ResearchAndMarkets projecting the online market to grow from $64bn in 2020 to $112bn by 2025. UK: Casinos faced repeated closures, costing the industry an estimated £5m per week. The Rank Group, owner of Grosvenor Casinos and Mecca Bingo, saw net gaming revenue fall 50% to £288.2m in the year ending June 2021. However, reopening in mid-2021 showed early signs of recovery, with Grosvenor generating weekly revenues above breakeven. US: All 989 commercial and tribal casinos closed in March 2020, with Nevada losing an average $33.3m per day. But since restrictions eased in mid-2021, recovery has been swift. Nevada recorded $1.36bn in revenue in July 2021, a state record. Operators like Golden Nugget and Caesars Entertainment posted huge rebounds, with Caesars’ revenue rising 616% year-on-year in H1 2021.
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