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The Impact of COVID-19 on Online Gambling Business

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The Impact of COVID-19 on Online Gambling Business
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The financial uncertainty the world is facing due to the existing COVID-19 pandemic has brought the economies of most of all countries to a standstill. Many layoffs and shutting of popular business establishments have taken place since the lockdown that started in late February or early March. The end of this situation is still not at sight, and many big, medium, and small businesses are suffering due to this. All the major countries are working round the clock to come out with a vaccine to get rid of this unseen virus. The tests on these vaccines are in various stages, and the world might see a vaccine arrive by the end of the year 2020.

How Is the iGaming Business Doing during the Pandemic?

No one would have believed you if you told that the global sports activities would come to a total standstill in 2020 and would take months, if not a year, for the activities to be fully operational. They would have laughed at you and felt that you were off your mind. The truth is out there in the open, and the COVID-19 has taken a serious toll on all commercial activities. This does not mean that every business saw a serious jolt during the year 2020. Some of them have benefitted from the contagion. A few trades like the online casino business have seen both the positive and negative impacts of this pandemic.

Online Gaming Industry Saw a Rise in Players

The life-taking virus has altered the iGaming industry, and many of the casino websites have benefitted from this contagion. Many experts suggest that the businesses of the gambling websites picked up many folds during the lockdown period. This is because people had to sit locked in their homes and did not have anything exciting to do. So, they tried their hands at playing live dealer games or online slots to kill their boredom. The fans of online slot machines had time by their side to try out the titles they have not played. While some took to playing free online slot games, others loved to try out slots that had the Chinese luck icons as themes.

The internet gaming industry is one of the very rare sectors that can make it through this pandemic situation with less financial damage than most other business sectors. The gaming websites are doing brisk business and weathering the crisis better than the established brick and mortar casinos.

Many newcomers are visiting the casino sites to enjoy the thrills of spinning the reels or to play their favourite table games. The regular gamblers also are making it a point to play online so that they can hone their gaming skills. It looks like there are more people now playing casino games on the internet than before with live sports betting or other sports betting not fully functional. People have started to look for a new form of betting and have found solace in online gambling.

Popular UK Online Casinos Lead the Way

There has been a paradigm shift in the UK, with many of the gamblers switching to the internet casinos with many physical gaming houses shut. This crossover has seen a major boost in the user base of the popular gambling websites in the United Kingdom. The most popular virtual casino platform is Bet365, which saw over 20,500,000 gamers in action in April 2020. The other popular options like SkyBet, William Hill, etc., also saw an impressive number of gamers trying out various titles on the respective websites.

While many of the customers loved to play on their mobile using the apps, there were many who found great gambling entertainment on their desktops and laptops. With no sight of this pandemic to end soon, there is no doubt that there would be more and more gamblers turning to the internet to satisfy their gambling cravings.

UK Gambling Commission Reports

The United Kingdom Gambling Commission (UKGC) reports that there has been a significant rise in the percentage of people playing on the internet. They have seen an increase of about 25% in people trying online slots, and it has increased by about 38% when it comes to poker participation. This figure is for the first couple of months of the COVID-19 crisis. The real event betting has seen a drastic decrease logically, and the overall gambling revenues have taken a hit. The major revenues during the pandemic have come from internet gambling. The gaming industry revenues have seen a good boost, thanks to the regular gamblers trying out new ways and means to have fun and entertainment on the internet.

Online Migration Is at Its Peak

Everything in the time of this prolonged pandemic is moving online. Work at home is the norm during these times, and people now socialize and shop on the internet. This situation might be a signal or a sign of things for the near future. It might be leading and driving people to adapt to the digital age. The internet gambling businesses are seeing this as a positive sign and believe that they would see even more footfalls than before.

Also, with sports betting coming to a virtual standstill, the bettors are looking out for various other gaming options to try their luck. This constitutes a considerable increase in the number of UK people playing online slots, or table games or poker titles in the times of the coronavirus. The fact that the gaming websites are seeing many new subscribers signing up for an account since March 2020 is a hint that this industry will flourish even more these testing times.

Closing Thoughts

The pandemic has affected the stock markets all over the world. However, the internet gaming industry has seen an increase in their business since the start of this event. Those who are in this business will be hoping for more newbie punters to dive into the online gambling world like now, even after the contagion subsides.

 

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GAMSTOP wins British Data Award for “Data for good initiative 2022”

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GAMSTOP wins British Data Award for “Data for good initiative 2022”
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GAMSTOP, the free national scheme for self-exclusion from online gambling, has won this years “Data for Good initiative” at the 2022 British Data Awards.

GAMSTOP successfully enables over 280,000 UK adults to protect themselves from gambling related harm and this award further validates the significant impact a data initiative like this has on potentially vulnerable people.

GAMSTOP is the UK’s free online gambling self-exclusion scheme. Users sign up by filling in personal details, and selecting a period of six months, twelve months, or five years. Once complete, they are self-excluded from all online gambling sites in the UK until they chose to remove it after their chosen exclusion time has elapsed.

Responding to last night’s win, Fiona Palmer, GAMSTOP CEO, said:

Winning this award alongside our technology partners, The Datashed underlines our capability to use data safely and effectively to help potentially vulnerable individuals. I couldn’t be more proud of this achievement and the team who have worked so hard to continuously improve the GAMSTOP scheme.

Thank you to the judges for seeing the value of the GAMSTOP system and congratulations to all other winners at last night awards.”

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World’s largest arcade platform offers retro gamers Epic deal – giving access to over 1300 Games

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World’s largest arcade platform offers retro gamers Epic deal - giving access to over 1300 Games
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The world’s largest library of retro games, Antstream Arcade, will be slashing the price of its annual premium subscription to just $19.99 as part of Epic’s Spring Mega Sale. Between Thursday 19th May to Thursday 16th June, this discount will be available on the Epic Games Store and across all other platforms, giving retro gamers around the world ad-free access to over 1300 games. 

This world leading library of games includes retro classics like Mortal Kombat, Pac-Man, Space Invaders, Monkey Island and Earthworm Jim – all of which can be streamed from the cloud without the need for additional downloads or for microtransactions. 

Players from around the world will also be able to compete in Antstreams global tournaments, moving up the global leaderboards and engaging in game exclusive  “Challenge Modes” – modes that put new spins on old classics. Like Pac-Man Hide and Seek, or Mortal Kombat On The Ropes challenges. Players will also be able to enjoy Antstream’s new “Giant Slayer” feature – where players can challenge the global Antstream community to beat their high score in a game of their choice – bringing the joy of the classic Arcade to the modern gaming audience.

Steve Cottam, CEO at Antstream Arcade, said: “Our goal as a company is to bring some of the greatest games ever created to a global community through the medium of cloud gaming. Unlike other cloud gaming platforms that might have only 100 games, Antstream currently offers players over 1200 titles – with a price tag that sits well below our competition. And with this latest deal alongside Epic’s Spring Mega Sale, we are excited to make retro gaming more accessible than ever”.

Outside of the premium subscription option gamers are still able to access their favourite retro games on their computer, mobile, tablet or other devices through the free, ad-supported tier. Antstream Arcade features fully licensed and fully playable retro games from publishers including Disney, Warner Brothers, Taito, Atari and Bandai-Namco, as well as a huge range of smaller indie developers and IP owners from the arcade era and beyond. 

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Week 20/2022 slot games releases

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Week 20/2022 slot games releases
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Here are this weeks latest slots releases!

GAMOMAT, one of the leading independent software developers for slot games, is releasing its delectable title, Divine Fire. Set on Mount Olympus, Divine Fire is a book game which welcomes players to the abode of the gods. A powerful soundtrack complements the gameplay which helps create a dynamic experience and one that heightens tension on the reels. The game has a 5×3 design with 10 paylines and symbols that include an anvil, a mighty hammer, Hephaestus himself and a menacing bull.

GAMOMAT releases delectable Divine Fire title

As curious creatures make their way from the sea and into the fjords, Yggdrasil and Peter & Sons invite players to journey to the summit of the falls alongside a mystical Shaman to catch these bountiful beasts for great rewards. Water Blox Gigablox™ is a mid-high volatility 6×6 Gigablox slot featuring 50 paylines, Wild Re-Spins and a Monster Free Spins bonus game that boasts a lucrative Monster Multiplier.

Yggdrasil and Peter & Sons invite players to fish up big wins in Water Blox Gigablox

 

Game developer Expanse Studios has added another title to its slots portfolio with its latest release – Odd One Out. A perfect blend of old-school gameplay with modern features, Odd One Out is a five-reel video slot that includes 243 ways to win along with Magnetic Wild and Free Spins. Within the title are two special features, the first one being called Magnetic Wild.

Odd One Out – Expanse Studios’ 243 Ways To Win

 

 

Golden Rock Studios is proud to announce the release of Bonus Only, available now via Caleta Gaming Platform. Bonus Only is a first of its kind slot game featuring nothing but bonuses. That’s right, a slot game in which every win takes you to a bonus round. Trigger up to three different bonus rounds and take a trip around some of the most iconic casino locations in the world. Perfect for entertainment hungry players and bonus hunters due to the frequent bonuses available, all this makes for an exciting slot game with anticipation levels reaching fever pitch with every spin.

Golden Rock Studios rolls out Bonus Only

BGaming, a dynamic iGaming provider converting gambling into gaming, presents its new slot Penny Pelican with 20 paylines, well-loved features, and up to 3525x bet exposure. Penny Pelican is a 5×3 slot with 20 paylines and 13 colorful marine symbols that bring players into the atmosphere of a harbor on a sea beach where the main character Penny Pelican lives.

BGaming Delights Summer Slots Lovers by Releasing Its New Title Penny Pelican

 

Play’n GO let loose Animal Madness, the latest release to join their diverse content portfolio. A farmer’s work is never done… From tending to your livestock to growing crops, it can be a little hectic keeping things in order. There’s always a job to be done at this madcap farm. Animal Madness does an amazing job of replicating the hectic nature of farm life. Light-hearted gameplay progresses the narrative for immersive player engagement.

Play’n GO let loose Animal Madness, the latest release to join their diverse content portfolio

 

No one likes to pay a visit to the doctor but those that are brave enough to follow the sinister medical man into the operating theatre may emerge with potentially big wins in the latest slot launch from Stakelogic. Freaky Friday Fixed Symbols is not for the faint-hearted and promises to test the constitution of players who dare to pick up the scalpel and join the not so good doctor in his quest to become rich. In the base game, there are 20 fixed paylines and all symbols pay left to right.

The doctor will see you now: Freaky Friday Fixed Symbols from Stakelogic

 

Red Tiger has launched an exciting new big cat slot game, and players who have been fans of the Carole Baskin story so far are going to love her in the slots universe with Big Cat Rescue Megaways. Carole Baskin’s Big Cat Rescue sanctuary has captured the imagination of millions of people worldwide. As a not-for-profit organisation providing a permanent home to abandoned and abused big cats, a portion of the proceeds from this latest slot offering from Red Tiger, will go towards supporting the sanctuary’s work – a cause that Red Tiger is proud to be backing.

Carole Baskin comes to the slot world with brand new Red Tiger launch of Big Cat Rescue Megaways™

 

Pragmatic Play, a leading content provider to the iGaming industry, welcomes players to a rustic American town where bandits lurk around every corner in its latest crime-thriller, The Great Stick-Up™. Landing three, four or five scatters – which appear in the form of police sirens – will trigger the Free Spins bonus round, awarding payouts worth 2x, 10x and 100x the bet, along with seven free spins. 

PRAGMATIC PLAY FOILS THE PLOT IN THE GREAT STICK-UP™

 

Push Gaming has announced the network-wide release of Fat Banker, the latest in its player favourite Fat series of titles. The 1920s-themed game will be available to all partners across regulated markets and releases hot on the heels of recent hit titles like Nightfall and Fire Hopper. Players will be exploring a life of opulence in Fat Banker with gameplay set in front of the iconic Manhattan skyline. This 50 pay-line game is home to symbols depicting top hats and cigars, alongside the banker’s wife and dog, which must all form matching combinations to award a win.

Push Gaming adds to hit series with Fat Banker

 

Kalamba Games has launched Goblins & Gemstones: Hit ‘n’ Roll, an enhanced version of one of its most popular titles, with the new iteration including new mechanics and features. The slot delivers fans of the original game a higher max win and upgraded volatility along with numerous gameplay enhancements, the highlight being the addition of the new Hit ‘n’ Roll wheel mechanic.

Kalamba Games upgrades fan favourite title in Goblins & Gemstones: Hit ‘n’ Roll

 

Evoplay has announced the launch of its latest slot, The Greatest Catch, which follows the footsteps of an elderly fisherman named Harry as he scours the pond for big wins. The fishing veteran spends most of his time snoring away in his wooden boat, surrounded by water lilies and the croaking of frogs. Occasionally, Harry will hook himself an impressive catch, relying on the assistance of players to help reel it in.

Evoplay provides the bait for The Greatest Catch

 

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