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Home #Hwoodtimes Online Gambling Captures the Spirit of the Times: Coronavirus & Growing interest...

Online Gambling Captures the Spirit of the Times: Coronavirus & Growing interest among Women Double Operators’ Revenues

  • 64% of gamblers spending more time and money on online gambling since start of pandemic
  • Women gamblers are actually in the majority in the USA, gender ratio now 57% to 43%
  • Industry generated global revenues of $66.67 billion last year, forecast to exceed $100 billion by 2026
  • Lotto24 AG doubled revenues in Corona crisis year compared to 2019
  • 27% of German citizens spend money every month on betting and gambling

Online gambling is enjoying ever greater popularity, with the pandemic speeding up an upwards trend that was already underway. 64% of gamblers spent more time and money on gambling on the web during the pandemic, according to a new infographic by Wette.de.

But it is by no means just men who are trying their luck – quite the opposite. In the USA, women actually dominate online gambling, where the ratio is now 57% to 43%.

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As shown in the infographic, the industry achieved global revenues of US $66.67 billion last year. This could be just the beginning, however, with current forecasts predicting revenues to exceed $100 billion by 2026.

Individual operators have recently been able to dramatically increase their revenues. Lotto24 AG, for example, generated €88 million in 2020, the year of the Corona crisis, compared to just €44 million in the previous year. This represents an increase of 550% compared to 2015.

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Meanwhile, online gambling is especially popular in Europe. The continent accounts for 49% of the global market. Asia/Middle East is in second place with 31%, while North America has a market share of just 12%. Rising demand is also reflected in Google search volumes. The Google trend score for “online gambling” (worldwide) is 190% higher than it was 5 years ago, with the value indicating the relative search volume.

The number of online gamblers is also on the rise in Germany. Today, 27% of German citizens spend money on betting and gambling on a monthly basis.

The full story with the infographic, facts and more statistics:

https://www.wette.de/online-gambling-captures-the-spirit-of-the-times-coronavirus-growing-interest-among-women-double-operators-revenues/

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Valerie Milano is the well-connected Senior Editor and Entertainment Critic at TheHollywoodTimes.today, a website that aggregates showbiz news curated for, and written by, insiders of the entertainment industry. (@HwoodTimes @TheHollywood.Times) Milano, whose extraordinary talents for networking in the famously tight-clad enclave of Hollywood have placed her at the center of the industry’s top red carpets and events since 1984, heads daily operations of a uniquely accessible, yet carefully targeted publication. For years, Milano sat on the board and tour coordinator of the Television Critics Association’s press tours. She has written for Communications Daily, Discover Hollywood, Hollywood Today, Television International, and Video Age International, and contributed to countless other magazines and digests. Valerie works closely with the Human Rights Campaign as a distinguished Fed Club Council Member. She also works with GLSEN, GLAAD, Outfest, NCLR, LAMBDA Legal, and DAP Health, in addition to donating both time and finances to high-profile nonprofits. She has been a member of the Los Angeles Press Club for a couple of years and looks forward to the possibility of contributing to the future success of its endeavors. Milano’s passion for meeting people extends from Los Feliz to her favorite getaway, Palm Springs. There, she is a member of the Palm Springs Museum of Art and a prominent Old Las Palmas-area patron.