Covid-19: FY expectations recede
| By Stephen Carter
H2 Gambling Capital’s FY revenue expectations for the global gambling sector fell back to $363.8bn this week.
This is 23% behind the $472.6bn forecast by iGB’s principal data partner before the pandemic hit global gambling markets (see interactive Chart 2 below) and just ahead of the total from ten years’ ago (Chart 8).
Online’s projected share of 2020 gross win stayed flat this week at 18.6% (Chart 6).
However H2 indicated to iGB that interactive, including lottery, was “heading toward 20% this year and could be as high as $80bn gross win next year now. It was only $40bn as recently as 2015”.
Photo by Anton Uniqueton from Pexels