Australia’s Online Casino Industry Records a Sharp Rise Amid COVID-19 Shutdown
A sharp rise has been recorded in Australia’s Online Casino industry.
So many countries imposing strict measures in order to combat the COVID-19 pandemic. Australia has not been spared.
People are being asked to stay indoors to prevent the spread of the virus.
Recently, Australia closed its beaches in an attempt to avoid crowds at the beaches.
This means people will have to stay at home for very long hours.
The gambling industry has seen a sharp rise in demand.
this is not only because people are staying at home more but also it might be because people have more to spend.
Here we shall look at why the industry has recorded growth.
Australian Online Casinos records sharp rise amid COVID-19
Stimulus Checks Contributed to the Sharp Rise
Because of the pandemic, Australians received stimulus checks to help them get by.
Among the industries that saw a rise in sales was the online casino industry, food delivery, home improvement among other industries.
This is because people are able to gamble online for entertainment without leaving their homes.
The shutdown of all Non-Essential Services
A recent study conducted by the Australian Credit bureau million and an analytics firm AlphaBeta shows that there was a whopping 67% increase in online gambling in one week.
Online gambling has hugely benefited from the recent shutdown. The industry not only grew in Australia but other parts of the world such as the United States of America where a 43% growth was recorded.
The Closure of Brick and Motor Casinos
Generally, Australians love gambling. With land-based casinos closed it left gamblers no choice but to find their favourite real money casino games online. This let to a rise in the online casino gaming industry.
Getting Relief From Stress and Boredom
To avoid being bored and stressed, Australians decided to do what they love online which is playing pokies. With people staying at home with nothing to do all day, gambling could be a good thing. People will not be depressed but also it can be a bad thing if they become addicted.
