A couple of weeks ago, I was the moderator for a panel at the SBC Digital Summit. The topic was ”Poker to the Rescue?” referring to whether online poker revenue can replace sports betting revenue now that there are no major sports events to bet on.

Because of the pandemic and the lockdowns, people are spending a lot more time at home, and there is a much bigger demand for different forms of home entertainment. Who has not watched Tiger King on Netflix by now, for example? Video games and online bridge sites attract new customers and experience a lot more traffic.

In the online gambling industry, different products have been affected very differently. With all major sports leagues paused and significant sports events cancelled or postponed, sports betting has taken a big hit. In some countries and areas, horse racing has helped fill the void. In others, racetracks have shut down too.

They say that all roads lead to the casino, and online casinos have certainly seen a significant increase in revenue over the past couple of months.