Will casinos and retail sportsbook struggle to reopen post pandemic?

Will casinos and retail sportsbook struggle to reopen post pandemic?

According to data and analysis online, casino venues and other gambling premises around the world, such as retail sportsbook and bingo halls, could struggle to reopen in a post pandemic era of betting and gaming.

This is primarily a result of a change in habit and behaviour of consumers, particularly in countries such as the UK and US, shifting towards digital product verticals, such as online casinos online bingo sites and mobile sportsbooks.

Reports suggest that capacity numbers in local gambling venues will remain low for sometime and may even face a steady decline in numbers over the next ten years.

During the past year, more people have been introduced to digital gambling for the first time, along with an increase in numbers of those shifting to online gambling and betting.

It is believed that this introduction to digital channels may have a long term impact on local gambling at brick and mortar venues.

Consumers have had limited access to casinos, bingo and gaming halls and retail sportsbook venues during the Covid-19 pandemic, which has meant that in order to wager on sports or play casino and bingo games, people have adapted and joined a gambling site to make it possible.

This includes a wide range in age of young adults through to senior citizens who, at one time, may not have attempted online gambling.

Additionally, despite preferences, online gambling at casino and bingo sites has proven to be more convenient for the majority of gambling enthusiasts.

Although some sections of the gambling industry has experienced a decline in numbers since digital gambling was introduced, such as bingo halls, it is reported that the lifespan of these venues has been accelerated due to restrictions surrounding the pandemic, including closures and physical distancing.

On the contrary, over the remainder of 2020 and beginning of 2021, the industry has received some positive news in regards to a higher number of young people being interested in gambling. Between the ages of 21 and 50, consumers have taken an interest in online gambling and this could also be reflected in local gambling venues when they reopen and return to business as usual.

Of course, the early days of reopening venues are expected to be somewhat cautious and will still be implementing safety measures in regards to Covid-19, such as face coverings, physical distancing and transparent screening where necessary.

Another talking point surrounding the findings is whether new behaviours and habits will remain, or whether people who engage in gambling will return to their older preferences.

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