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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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Week 39/2023 slot games releases

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Week 39/2023 slot games releases
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Here are this weeks latest slots releases compiled by European Gaming

Players are being given the opportunity to travel back in time to the ice age in the latest slot from in-demand provider, Booming Games. Those who can brace the icy winds of Mammoth Tundra will come face to face with beasts and potentially big wins. Players must trek across the frozen reels – which take the 5×3 format – and keep their wits about them at all times. Not only can Woolly Mammoths cross their path, but so too can sabre tooth tigers and other wild animals.

 

Don your best disguise and adopt a cunning alter ego in a bid to nab the museum’s prize assets in Crown Heist, REEVO’s latest classic low-volatility jewel-themed game. Based on a proven maths model and appealing to new players who enjoy frequent wins and a swag-bag full of free spins, Crown Heist is a 5×3, 25-payline slot overflowing with jewel-encrusted free spins.

 

Habanero has launched Meow Janken, its newest slot with an inter-galactical theme, based on the classic Rock-Paper-Scissors game. Players take off on a thrilling journey across the galaxy in this captivating one-line game, with the task of beating Janken at Rock-Paper-Scissors – the most compelling aspect of this epic voyage. If a player is lucky enough to beat Janken in a Rock-Paper-Scissors tussle, any win is multiplied by x9 with a tie multiplied by x2.

Habanero propels cats into outer space in its latest release Meow Janken

 

Step into Aztec SuperTracks™, the latest game release from Raw iGaming, the studio on a mission to blast industry monotony out of the sky. In this unique 9×7 experience, an adventure unfolds filled with warriors, gods, and epic win potential! Aztec SuperTracks follows the journey of four heroes as they seek to discover special offerings to appease their angry gods and preserve world order. They are helped on their way by RAW’s innovative SuperTracks® pay mechanic opening a treasure trove of power-ups, gems and bonuses along its path.

Calling all intrepid players. RAW iGaming launches Aztec SuperTracks™

 

Greentube, is presenting players with a deathly yet cheerful adventure in its latest release Cash Connection™ – Candelas de los Muertos™ – Señorita Suerte. The scare-filled slot, which has a Mexican Day of the Dead theme, fuses together winning destiny and mystical features, as players bid to unlock the riches of the Grand Jackpot.

 

reentube sends a chill down the spine with Cash Connection™ – Candelas de los Muertos™ – Señorita Suerte

 

Feel the gentle embrace of nature with Endorphina’s 6-reel, 5-row slot – Fresh Crush! Embark on a hiking adventure through steep mountain trails and thick forests scattered with some of nature’s finest fruits! Climb the tallest mountains, enjoy the scenery as the sky changes from peaceful blue to majestic gold and find the real diamond before the sun sets!

Endorphina- Our New Slot FRESH CRUSH is here !

 

Introducing 100 Sevens from Apparat Gaming, the developer of slots with a German accent. As the name suggests, this title is all about the numbers 100 and seven – and here’s why… 100 Sevens is set across five reels and four rows, with 100 paylines active. That’s right, 100 paylines active. In this classic fruit-themed game, neon lights guide the way to sparkling wins with Double Wild symbols.

Reach for the big win stars in 100 Sevens from Apparat Gaming

 

Armadillo Studios has released its latest slot title Surging 7s. This game is a classic fruit-themed slot with 6×4 reels, low to medium volatility, colourful visuals and the all-time-favourite 7s. Landing three or more adjacent stacks of 7s triggers Surging 7 Multipliers, which creates a random multiplier to boost wins. When four or more Link Bonus Coins land anywhere on the reels, coins will either change colour and reveal corresponding Prizepot colour wins, or award random credits.

 

Everygame Casino is taking players on a pirate adventure with its new Legend of the High Seas slot game from Spin Logic. With Wilds that double wins and Scatters that TRIPLE wins, there’s plenty of booty to be won in this full-featured new game. Pirates, parrots, treasure and treasure maps spin on the five reels of this high volatility game. When Wilds appear in a winning combination they double the payout.

Everygame Casino’s New Legend of the High Seas Pirate Slot

 

Get ready for Stakelogic’s next page-turner with the release of Book of Jones – Golden Book. Players can embark on a thrilling adventure that transports them to a world of ancient secrets and incredible treasures. As players delve deeper into the mysteries of this five-reel, three-row, 10-payline slot, they will want to keep their eyes peeled for the Book Symbols that can land at any time during the base game. If three Book Symbols drop, 10 Free Spins are awarded.

Delve into a big win story with Book of Jones – Golden Book

 

3 Oaks Gaming, has released Black Wolf 2: Hold and Win – a howling hit title boosted by the addition of the Fortune Slide feature, awaiting to be hunted down by players. In this 5×4 follow-up to Black Wolf: Hold and Win, users trek into a moonlit wilderness to uncover surprises in this feature-rich slot, including the Fortune Slide mechanic, which is active during the Bonus Game.

Embark on a chilling adventure in 3 Oaks Gaming’s Black Wolf 2: Hold and Win

 

Kalamba Games focuses on player personalisation in its gemstone-inspired release Diamond Supreme Hold and Win. Influenced by retro AWP machines, symbols are represented by iconic bells, cherries and bars. Wilds up the win potential by substituting for all base game symbols making it easier to create a winning combination across the slot’s 20 paylines.

Kalamba Games releases a bejewelled classic with Diamond Supreme Hold and Win

 

Wazdan, has given the Extremely Light treatment to the latest leading game in its portfolio in Hot Slot™: 777 Cash Out Extremely Light. By creating a version of its top-performing title with light and more elegant graphics, the new slot becomes energy efficient and optimised for players on mobile devices, prolonging the gaming experience with less battery drain.

Wazdan adds a further Extremely Light version to its collection with Hot Slot™: 777 Cash Out

 

Blueprint Gaming’s mastery of the oceans and all its bounty returns for an anticipated sequel with Crabbin’ for Cash Extra Big Catch Jackpot King. The familiar charm and aesthetic of the original game’s backdrop are back with colourful crustaceans consuming the screen as the fisherman helps players with a host of features and the iconic Jackpot King progressive jackpot system.

 

Red Rake Gaming, has added Triple Irish to its extensive range of games. An exciting video slot with 5×3 reels and 20 paylines that immerses players in Ireland’s rich folklore and tradition, where three key elements trigger a journey full of opportunities and wins.

The luck of the Irish comes to Red Rake Gaming with the release of Triple Irish

 

Gaming Corps invites players to the best ramen joint they will ever visit with the release of slot game Ramen Puzzle. This is an instant win game, made up of a grid of 25 tiles, which either conceal ramen bowls or leftovers. Players can savor Ms. Kawai’s delicious, sparkling ramen to their heart’s content as they open bowl after bowl.

 

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Gaming

FBMDS’ First Ever Crash Game, Champion Tales, is Out Worldwide

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Reading Time: 2 minutes

 

Get ready to witness the dawn of a new era in online casino gaming as FBMDS unveils the highly anticipated Champion Tales, the brand’s first ever non-traditional game available worldwide. Brace your players for an immersive gaming experience that will transport them across the globe, hand in hand with the legendary Mr Champion himself.

Champion Tales captures the essence of the emergent non-traditional gaming trend with its strategic betting rounds and monumental winnings. FBMDS’ new game merges top-notch technology with the brands’ expertise, creating a thrilling and immersive experience with high stakes for players and a safe choice for casino operators.

A distinctive non-traditional game with big prizes to award

Following a crash gaming logic, FBMDS’ release evokes players’ heart-pounding anticipation as the multiplier reaches new heights, requiring strategic decision-making and a thrilling rush to hit the ‘Collect’ button before it’s too late.

FBMDS has balanced gameplay mechanics to increase players’ chances of earning significant rewards, making it a lucrative choice for online casino operators. Furthermore, Champion Tales boasts a highly profitable RTP rate, surpassing competitors in the market.

But that’s not all. Champion Tales comes loaded with features designed to elevate the gaming
experience:

  • Autoplay: Players can choose how many rounds they want to play without any hassle, making continuous play even more convenient and enjoyable.
  • Auto Cashout: The Auto Cashout feature, where players can choose the value they want to cash out, minimizing mistakes or distractions that could impact their winnings.
  • Responsible Gambling: FBMDS prioritizes players’ safety with the responsible gambling feature, allowing players to set limits above or below their initial balance, preventing any unwanted excessive play.
  • Detailed Play History: A detailed play history feature ensures that players always remain safe and in control. They can review their past gaming sessions, bets and outcomes, promoting transparency and responsible gaming practices.

“Listening to our partners and clients was always the number-one priority during the creation process of Champion Tales,” the Director for FBM, Renato Almeida, said. “Since the crash gaming category has been getting a lot of popularity, we made sure we understood market needs to make sure our clients’ expectations and profitability rates were being met, while delivering an innovative solution able to provide players with an amazing gaming experience.”

A personalized crash gaming atmosphere

Champion Tales goes beyond colossal wins with its debut, offering a captivating Brazil-inspired tropical ambiance. Moreover, the game’s background, scenery and music can be customized to meet the needs of casino operators in diverse markets, cultural contexts and geographical locations.

This allows for an enriched gaming experience worldwide, whether by incorporating local landmarks, cultural references or regional music, to resonate with operators’ requirements, enhancing customer engagement and satisfaction.

In addition, clients can have their respective logos applied to the game’s flag, further aiding in branding. FBMDS maintains product localization as a priority by developing characters and backgrounds that resonate with the regions where partners operate and represent the seasonality of the market. This approach generates greater player identification, leading to increased retention and loyalty.

By developing mobile-friendly, cutting-edge and highly customizable gaming solution like Champion Tales, FBMDS proves once again its ability to deliver profitable and satisfying products for casino operators worldwide.

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Latest News

Hub88’s Mark Taffler Taking to the Ring to Support Oliver’s Wish Foundation at the SBC Charity Boxing Championship

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Supplier’s Commercial Director to don the gloves at prestigious industry charity event

Mark Taffler, Commercial Director for Hub88 and Bombay Group, is joining an industry lineup to compete in a white-collar boxing match at this year’s SBC Charity Boxing Championship fundraising event.

Taffler, who is being sponsored by One.io, whom is part of the Yolo Investments’ portfolio, will face SMPL Consulting’s Director Simon Pilkington in the opening bout of the night to raise money for three charity organisations.

Hub88 will be hosting a VIP table at the event, which was set up by SBC in partnership with Oliver’s Wish Foundation.

Over 500 industry representatives will be in attendance for an evening of boxing on November 10, with a blend of fierce competition and camaraderie taking place at the luxurious Hilton Hotel in London.

Last year’s event raised a staggering £152,000 and was donated to the Oliver’s Wish Foundation and its amazing partner charities Chestnut Tree House, Cystic Fibrosis Trust and SUDC UK.

“Mark’s fantastic work so far will be rewarded in the boxing ring and we look forward to seeing how he gets on against his fierce competition Simon when the action unfolds,” the Head of Hub88, Ollie Castleman, said.

“Ultimately, the goal is to raise money for a great cause and, following the success of last year’s event, we are delighted to play a part in the 2023 instalment of the SBC Charity Boxing Championship.”

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