The COVID-19 pandemic has had a significant impact on the sports betting industry. With the cancellation or Online Betting postponement of many major sports events, sportsbooks have been forced to shift their focus to alternative markets such as esports and virtual sports. In this article, we will take a closer look at the numbers and see how COVID-19 has impacted the online betting sports industry. According to a report by H2 Gambling Capital, Online Betting the global sports betting market is expected to drop by 11% in 2020 due to the pandemic.
The report also predicts that the market will not recover fully until 2023.
