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  1. #1
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    Default COVID-19 lockdown leading gamblers to make "riskier choices"

    In an update to the stock market, 888 Holdings said that gamblers are switching from betting on sports to "far riskier online casino and slot games" as they remain in lockdown due to the COVID-19 pandemic.

    From The Guardian:

    “There is currently evidence of increased customer activity in the group’s casino and poker products that might, in part, compensate for the sports betting disruption for a period of time,” it said.

    A cross-party group of MPs called for online gambling companies to impose a £50 daily cap on bets earlier this week, citing concern that vulnerable people and addicts would be particularly vulnerable during the lockdown period.

    About 1.2% of people who take part in gambling have a problem, according to the most recent analysis published by the Gambling Commission. The relatively low figure includes people who play the national lottery, where problem gambling rates are low.

    Online sports betting with a bookmaker carries a slightly higher rate of disordered gambling, at 2.5%. However, online slots, casino and bingo attract a much higher rate of potential addicts, with about 9.2% of people who spend money on those products classed as having a problem.

    The MPs’ request for online gambling firms to impose a daily betting cap has so far gone unanswered.
    Read more here: https://www.theguardian.com/society/...es-coronavirus

  2. #2
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    Anecdotally I’ve seen more interest in poker with my audience than previously, punters wanting something to pass the time and provide a bit of excitement and interest rather than a desperate need to lose their money on the slots etc. What’s often missed from these articles is the leisure aspect of the industry.

  3. #3
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    It's all gambling anyway. I fail to see how it's any more risky. What's important is how much money these people decide to gamble with and whether they win or especially, lose

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  5. #4
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    I tend to agree with Cash Bonus. Gambling has it's risks regardless.
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  6. #5
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    Online gamblers may be risking more but I’m positive local gamblers who frequented land casinos often are betting much less because many lack credit cards and/or bitcoin to signup online. Its common sense really. So, overall, the covid-19 crisis is probably helping problem gamblers overall than hurting them. My opinion anyway.
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    Quote Originally Posted by Pokerface View Post
    I tend to agree with Cash Bonus. Gambling has it's risks regardless.
    Ditto... 888 has run a casino since practically day one, so this just reads like virtual signally.

    Out here in AU, least with the pubs and casinos closed, grannies and the unemployed aren't flushing their welfare-cash down the S bend.
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  8. #7
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    On the one hand we have more gamblers who are sitting at home in front of their PC's. On the other hand we don't know how much money they have to make this "riskier choices".

  9. #8
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    Well, I'm down 50% of traffic on lottery sites, seems lottery is not risky enough.
    Play different Worldwide Lotteries online. Visit Poland Lotto to read latest lottery news. Maybe you are interested in Philippines Lotto (PCSO).

  10. #9
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    Crypto has proven to be the biggest gamble this year! Nothing being written about that!

  11. #10
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    What do you mean? Crypto prices or crypto gamblers?
    Play different Worldwide Lotteries online. Visit Poland Lotto to read latest lottery news. Maybe you are interested in Philippines Lotto (PCSO).

  12. #11
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    It is not because of the risk, rather people just want to gamble and have some fun while sitting at home.

  13. #12
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    It is their own responsibility.

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    There are risks in every gamble. Maybe people who gamble need to think about how to enjoy themselves within their funds, too.

  15. #14
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    The only way I see that this could be “riskier” is if people aren’t doing their research and are signing up on dubious gambling sites. Otherwise, gambling is gambling.

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