AP: Gamblers turning to online betting as land-based casinos close due to COVID-19

[The Buzz]

With a slew of brick-and-mortar casinos shutting down in the U.S. in recent days due to the COVID-19 outbreak, online gambling providers say they're seeing a significant spike in volume and revenue in recent days.

From the Associated Press:

FOX Bet says its online casino and poker operations have doubled the rate at which it is adding new customers in the last week.

“When the NBA shut down, we really saw a sharp increase since that date,” said Robin Chhabra, FOX Bet's CEO. “We're seeing a very strong shift to poker and online casino.”

Likewise, Rush Street Interactive, which runs the PlaySugarHouse.com and BetRivers.com online sites, says it has seen an increase in business, which it hopes will make up for at least some of the lost revenue from real-world casinos.

“It is still early and we are expecting the uptick to continue in the next few days,” said Mattias Stetz, the company's chief operating officer.

Resorts Casino also has seen a “noticeable” increase in online gambling in recent days, according to President Mark Giannantonio.

Read more here: https://abcnews.go.com/Sports/wireSt...tting-69650789

[The Buzz]

According to European Gaming, TVBET indicates an 19% increase in bets since sporting events began getting cancelled due to coronavirus:



https://europeangaming.eu/portal/pre...o-coronavirus/

[ddm]

great data - thank you @thebuzz