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How Does The Modern Gambling Industry Change During Economic And Social Upheavals?

Published

4 years ago

July 21, 2021

Reading Time: 4 minutes

Just over one year ago, the entire world was shaken when the coronavirus, named Covid-19, started to spread to all corners of the planet. The World Health Organization officially declared Covid-19 as a worldwide pandemic in March 2020. Since this time, we have seen multiple countries going into lockdown. Several industries were severely affected in the process – and this includes the gambling industry.

Several land-based gambling facilities were forced to close their doors during the lockdown period. This had a significant impact on their performance, resulting in months with no profits generated. The online casino industry, however, did experience an opposite effect. This post takes a closer look at how the gambling industry has changed during the Covid-19 global pandemic.

Covid-19 And Physical Casinos

Physical businesses around the globe experienced the hardest impact from the pandemic. With this in mind, we should start by taking a look at how physical or land-based casinos were affected. A group of researchers posted a paper based on statistical data collected between February and June 2020. The data was related to the casino industry and looked at how these businesses were affected when global lockdowns were initiated. Tax payments were the primary factor taken into consideration – as this has a direct indication of revenue generated by casinos and other gambling-related business ventures.

A significant reduction in tax payments was recorded by physical casinos. This allowed the researchers to make a conclusion that land-based casino operators were certainly affected in a negative way.

A Switch To Online Gambling During A Global Pandemic

Even though a negative impact was observed among casinos that are based on a physical location, the online gambling industry has not experienced the same impact. There was a slight decline in online gambling usage was observed in March 2020, but the industry quickly recovered and saw an increase in user activity, as well as new registrations.

Currently, the online gambling industry is growing at an 11.5% rate on an annual basis. One report states that there are several factors currently driving the increasing interest in online gambling platforms. This includes easier access to the internet, the ability to play from home, and the legalization of these digital platforms.

There are additional reasons why people have been increasingly turning to online gambling platforms – especially during the Covid-19 pandemic that we are still facing.

Here are a few of the primary reasons why there has been an increase in the number of people turning to online gambling websites:

As we entered a pandemic and lockdowns were initiated, sports were put on hold. This caused many people to miss out on standard sport betting opportunities. Online casinos, however, gave these individuals a chance to continue betting on virtual sports events.
With online casinos, there is no risk of being infected with the Covid-19 virus – as no physical interaction with other individuals is needed.
The ability to play casino games from home provided an attractive opportunity. There is no need to visit a physical location and no long drives to be concerned about.
Many people started to work from home during the pandemic. This gave them a more flexible schedule to work with and allowed them to have a computer at home. These two elements further drove an increase in online casino activity among the population.
Those who were in a career affected by Covid-19 found themselves with extra time on their hands. This also led to more people turning to online activities and games to kill time.

Several statistical reports have been released to help us understand how the industry had grown in the pandemic – with a primary focus on online gambling games.

In one report, it is reported that between April and October 2020, a 43% growth in the online poker game industry was noted. In the United States, a 255% increase in first-time players related to online poker games was noted in the same period.

In another report, it was noted that the online casino industry surged to an all-time high in terms of both new user registrations and activity in the lockdown period.

Here, we can see that interest spiked within a matter of days. The data shows that more people started to search for online gambling platforms when the coronavirus outbreak started. The trend continued to increase further.

Since the start of lockdowns, many companies have also provided their input. One publication explains that lockdown can be considered a good reason for people to turn to online casinos. While there are risks with these activities, the benefits need to be noted too. By playing these games from home, it reduces a person’s risk of being infected with the virus – thus serving as a type of protective barrier compared to land-based casinos where people frequently interact with each other. Other benefits include welcome bonuses, which is something people do not gain access to when they visit a physical casino. This can add to the funds available to play, giving the person a better opportunity to make a profit from their gambling activities.

Conclusion

While the Covid-19 pandemic had a significant impact on the global population, there are some industries that seemed to remain stable. Physical casinos were adversely affected, with some larger casinos being closed completely due to the pandemic. On the other hand, we have observed increased interest in the online gambling industry. Numerous individuals turned to internet-based casinos during the pandemic, and the trend has continued to remain stable.

Carolina Fiel is a professional with experience in various industries. She is passionate about content production and currently serves as a Redator freelancer at Upwork.

References

https://pubmed.ncbi.nlm.nih.gov/34061685/

https://www.frontiersin.org/articles/10.3389/fpsyt.2020.611939/full

https://www.grandviewresearch.com/industry-analysis/online-gambling-market

https://www.globenewswire.com/news-release/2020/10/22/2112777/0/en/Online-Gambling-Platforms-Gained-Larger-User-Base-With-Pandemic-As-A-Driver-Of-The-Global-Online-Gaming-Market-2020.html

http://www.aaamusic.co.uk/2021/04/22/lockdown-is-a-good-reason-to-play-online-casinos/

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Boomerang’s insights: The evolution of sports betting traffic

Published

21 minutes ago

April 30, 2025

George Miller

Reading Time: 3 minutes

Sports betting is becoming a key driver of affiliate growth — it’s a global trend, and Boomerang Partners reveals the latest insights behind this evolution.

Sports betting has evolved significantly in recent years. Now, it is a serious separate direction in affiliate traffic, bringing top profits. Boomerang Partners, a rapidly growing global brand and organizer of the tournament for affiliate teams – the Golden Boomerang Awards, has analyzed the evolution of this business direction and shared its insights.

It’s a thing of the past: simple Sportsbook sites, limited payment methods, and basic betting options

Evolution touches every aspect of human activity, and sports betting is no exception. Previously, bookmakers offered their users simple website functionality so they could focus their attention only on betting opportunities. The range of markets was much more modest than it is now.

Payment options for deposits and withdrawals were also quite limited compared to today, often causing inconvenience for users. Users had to choose from a few options for transferring funds, and it was not always convenient for them.

Current trends: focus on dynamics, privacy, and modern technology

Today, the betting industry is booming thanks to live betting, where users place wagers in real time. The rapid development of the mobile app segment makes it possible to place bets wherever one likes. Users also appreciate dynamically changing odds and the ability to watch match streams on betting platforms to adjust their predictions. Artificial intelligence (AI) is increasingly being used to calculate odds, making them more accurate and adaptive.

Modern technologies have expanded the range of payment methods available, with the integration of cryptocurrencies opening new possibilities for fast, secure, and anonymous transactions. Another notable trend is the introduction of social functions into the work of Sportsbooks. For example, holding tournaments with prize pools adds an element of interaction and competition between players.

Golden Boomerang Awards 2025 as an opportunity to succeed through sports traffic

Sports betting is now an important area that can significantly impact traffic growth. Boomerang Partners is currently running its second annual global Golden Boomerang Awards 2025. Its participants compete for monthly prizes and awards in 11 categories, including a Grand Prix. This year, for the first time, organizers have introduced two separate leaderboards: one for sports and one for casino traffic. Registration is open until May 5, and all interested affiliate teams have time to join and compete for awards.

Also, as part of the Golden Boomerang Awards 2025, Boomerang Partners is holding a special raffle with prizes to coincide with the Champions League semifinals. The tournament will run until May 11. If you register now, you can get into the prize draw, which will take place on May 3. The top 30 teams at the end of the tournament will go to Milan to the iconic San Siro stadium.

Join the Golden Boomerang Awards 2025

About Boomerang

Boomerang Partners is a rapidly growing global brand offering a wide range of services. Boomerang is the Official Regional Betting Partner of AC Milan and collaborates with women’s football star and influencer Alisha Lehmann. In 2024, it launched the inaugural Golden Boomerang Awards 2024, the first annual global affiliate tournament. Boomerang Partners’ betting segment surged 5x, and gambling — 2x in 2024. Its affiliate program demonstrated a 120% increase in partners, and the number of sports betting offers surged more than 6 times. Six new products were launched by Boomerang in 2024, which contributed to an almost 1.5-fold increase in product users.

Boomerang’s portfolio contains 15+ gambling brands, including sportsbooks. They cover over 35 GEOs and offer a wide range of betting options with favorable odds. These products provide personalized bonuses and 24/7 multilingual support.

The post Boomerang’s insights: The evolution of sports betting traffic appeared first on European Gaming Industry News.

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Olympian Legends: Galaxsys’ New Slot Game Inspired by Ancient Myths

Published

3 hours ago

April 30, 2025

George Miller

Reading Time: 2 minutes

Galaxsys, the award-winning games developer, is proud to announce the launch of Olympian Legends, a new slot game that brings the power and majesty of ancient mythology to life.

More than just a tribute to ancient mythology, Olympian Legends combines breathtaking visuals, innovative features, and dynamic gameplay, promising players an unforgettable journey through the myths of Olympus. As players progress and reveal mythic features, they face the power of ancient gods. With cascading symbols and exciting bonuses, the game delivers a dynamic adventure that’s truly worth exploring.

This marks the third slot title that Galaxsys has announced over the last two months, following the launches of Funny Faces: Hoglet-Moglet and El Dorado.

What Makes Olympian Legends Special
Olympian Legends stands out by blending rich narrative elements with innovative slot mechanics. The progress bar on the right side of the grid consists of five elements. Each time a winning combination is formed, the progress bar fills from bottom to top, triggering a mythical feature when an element is completed. Additionally, the Buy Bonus option allows players to take fate into their own hands, enabling them to access the bonus game at any time they choose.

Dynamic animations and sound design ensure every encounter with Zeus, Poseidon, and more characters feels like stepping into an epic saga rather than playing a traditional slot.

Vigen Safaryan, CPO at Galaxsys, commented: “Olympian Legends combines strong gameplay mechanics with a detailed and dynamic theme. Our goal was to deliver a slot that feels rewarding to play while offering players a more refined experience through mythology. We paid special attention to balancing the game’s features to ensure that the experience feels dynamic, without overwhelming the player. From the visuals and animations to the way the bonuses unfold, every element was designed to create a journey that feels both entertaining and authentic.”

Olympian Legends is now live and available for Galaxsys’ global network of partners.

The post Olympian Legends: Galaxsys’ New Slot Game Inspired by Ancient Myths appeared first on European Gaming Industry News.

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Inaugural iGaming Event for Technology Leaders: Technology in Gaming Conference 2025

Published

3 hours ago

April 30, 2025

George Miller

Reading Time: 2 minutes

The iGaming industry is getting a dedicated space for its most forward-thinking technical leaders with the launch of the Technology in Gaming Conference 2025 (TiG 2025) — an exclusive new event created specifically for CTOs, CIOs, and senior technology stakeholders in the iGaming world.

Taking place on 1st July 2025 as part of London iGaming Week in partnership with iGB Live!, this specialist conference will bring together some of the most innovative minds in technology to explore the future of cybersecurity, infrastructure, artificial intelligence, compliance, and scalability. TiG 2025 is designed to give technical leaders a forum tailored to the real challenges and opportunities shaping iGaming today and in the years to come.

“I am delighted to see other organisers bringing their own events that meet the need of specialist verticals within the industry as part of London iGaming week. The team at iGB L!VE are pleased to be able to support this event, and encourage iGaming senior IT professionals to join what we know will be an event that offers excellent content and networking opportunities for them” said Naomi Barton, Portfolio Director at Clarion – Organiser of iGB Live!

Topics on the agenda include:

Scalable architecture & infrastructure
AI & machine learning in iGaming
Compliance & security in regulated markets
Future-ready platform innovation
Engineering teams, DevOps, and automation

“As an industry driven by technology I think it’s important to create a space that speaks specifically to the leaders developing and driving the change that has such a big impact on the growth and development of such an exciting sector” commented Shona ODonnell, Event Director.

Pretty Technical, a leading provider of iGaming software and platform solutions, is proud to be named the headline sponsor of this inaugural event. The company’s commitment to innovation and modern architecture makes it a natural fit for an event designed to shape the next chapter of gaming tech.

“As a business that thrives on building technology designed for the next decade, not the last, we’re thrilled to support TiG 2025 and connect with the talented tech leaders shaping the future of iGaming,” said Emma Blaylock, CEO Pretty Technical.

The event is also sponsored by Claranet, experts in modernising and managing critical applications and infrastructure 24×7, and Marshall Wolfe, a dedicated hiring consultancy specialising in digital and technology sectors.

Registration is now open with tickets currently discounted by £200 until 31st May.

The post Inaugural iGaming Event for Technology Leaders: Technology in Gaming Conference 2025 appeared first on European Gaming Industry News.