COVID-19 Pandemic

The COVID-19 pandemic is exerting a life-altering effect on every corner of the globe and the various sectors of the gambling industry are no exception. Gambling venues are closing and numerous countries are now on lockdown as the world comes together to battle the spread of the highly infectious disease. Meanwhile, almost all major sports leagues have halted in a massive hit to bookmakers, with share prices in listed gambling companies nosediving ahead of crashing markets. View a select collection of COVID-19 related insights and analysis VIXIO GamblingCompliance provide to subscribers:

How Quickly Will Gambling Recover From COVID-19?

The onset of the coronavirus pandemic has rocked the global gambling industry to an extent unprecedented in its scale and scope at both a regional and sector level. VIXIO’s Head of Data draws comparison to Hurricane Katrina and the global financial crisis. Read our latest blog now.

Online Betting and Coronavirus-Hit Sports

VIXIO’s Head of Data provides an update on online betting and the effect sporting cancellations from the global coronavirus pandemic.

As coronavirus cancellations leave sporting calendars increasingly bare, VIXIO GamblingCompliance provides an overview of the relative importance of the most important sports within select online betting markets. Sporting cancellations arising from the global coronavirus pandemic have been the primary driver of massive, broad-based share price declines across listed, betting-exposed gambling operators over the course of this month.

Podcasts

Listen to the VIXIO GamblingCompliance team discuss all things COVID-19 and the global impact across the gambling industry:

Taiwan-based editor Martin Williams provides an update from Asia. We discuss how South Korea could be viewed as a model for Western countries, reflection on new infection spikes, the uncertainty of Chinese reporting and many other factors that suggest the impact on land-based gaming is far from over.

VIXIO Journalist Matt Carey provides an overview of how the coronavrius epidemic is affecting the US gambling industry. As well as a roundup of shutdowns, we discuss the knock-on effect on pending sports betting legislation and how lotteries are adapting to the ‘new’ reality.

Listen for an update on how the European gambling industry and its regulators are responding to the unprecedented crisis we are all currently living through. We talk through a host of issues affecting European gambling.

The entire world has watched in horror as the deadly coronavirus outbreak continues to spread from its epicentre in Western China. We explore the ongoing effect of the coronavirus on Asian gambling markets and the risk posed by its spread.

COVID-19 Insights & Analysis

See below for a selection of our COVID-19 coverage. Make sure you stay ahead of all market developments - get access to our full coverage and further analysis and insights, please click below:

Regulators Reject Apocalyptic Scenario For U.S. Casinos

Thursday, March 19th 2020

As doomsday projections continue to define the coronavirus pandemic, U.S. gaming regulators are keeping a stiff upper lip even after ordering their casinos to close their doors.

Lotteries Reeling From Cornavirus, Reluctant To Rush Online

Tuesday, March 24th 2020

The impact of the coronavirus response has already begun to show itself in decreased sales and extra steps to keep Americas largest multi-state lottery games running.

UK Group Promises To Avoid Virus Exploitation

Tuesday, March 31st 2020

The UK Betting and Gaming Council (BGC) has unveiled a ten-point programme of safer gambling promises during the coronavirus impact.

$2trn Coronavirus Bill Makes Billions Available

Monday, March 30th 2020

The $2.2trn stimulus package signed by President Trump on Friday provides relief for the troubled U.S. gaming industry.

Sports-Betting Vacuum Raises Player Protection Concerns

Monday, 23rd March 2020

With online bookmakers desperate to retain bettors during the coronavirus epidemic, concerns are growing that player protection standards will fall by the wayside.

Casino Shutdown Projected To Cost Las Vegas Almost $40bn

Monday, March 23rd 2020

The closure of the state’s gaming industry will cost the southern Nevada economy an estimated $38.9bn, according to the Nevada Resort Association (NRA).

Gambling Stocks In Freefall From COVID-19

Friday, March 13th 2020

Gambling stocks were pounded worse than a plummeting market on Thursday, with one gambling consultant warning that the possible cancellation of the Euro 2020 football championship could lead to “haemorrhaging” of players.

Italian Gambling Facing Massive Losses, Shop Closures

Thursday, March 12th 2020

More than 6,000 betting shops have been shut across Italy and will not reopen until at least April 3, as the country is placed on lockdown to slow the spread of the global coronavirus pandemic.

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