How Covid-19 Has Affected the Cricket Industry?
The coronavirus pandemic did not only influence the health of millions of people all over the world but also made a serious impact on many other fields of life and business. It totally disrupted industries such as tourism and hospitality, while the sport was one of the most heavily struck niches in 2020.
This means that COVID-19 affected the cricket industry as well, in terms of both canceled matches and the lack of betting opportunities. Things have taken the wrong turn last year, so let us see how the coronavirus pandemic really affected cricket and the gambling business.
Many Sports Events Have Been Cancelled or Postponed
The cricket season has seen many difficulties during 2020 and in early 2021, but it looks like things might as well change soon enough. However, it is important to highlight that other sports have been suffering, too.
Visitors of the no account casino Netherlands witnessed the cancellation of many leagues and sports events in the last 18 months. It is a terrible fact that drastically reduced betting options for regular gamblers, so they had to switch to online platforms and virtual events in order to fill the void. Here are only a few among many events that have been canceled or postponed due to the VOCID-19 pandemic:
- Champions League: The 2020/21 season went as planned, but UEFA was forced to make major adjustments last year and cancel the vast majority of playoff matches.
- NBA: Los Angeles Lakers won the title in 2020, but they did it in the so-called bubble in Orlando where the best teams competed in a previously unknown NBA environment.
- Tokyo Olympics: The most important sports event of 2020, aka Tokyo Olympics, had to be postponed due to the coronavirus pandemic. The Olympics should take place from July 23rd to August 8th this year.
These are only a few events, but they make notable examples of what COVID-19 did to the world of sports in the last year and a half.
Traditional Casinos Are Struggling While Online Thrive
Although cricket is most likely entering a more peaceful period, the consequences of the pandemic are still clearly visible – at least in terms of sports betting. Different gambling platforms have taken over the stage in the last 12 months, while the world is witnessing a true downfall of traditional gambling and bookmaking. A lot of players started visiting Chiefcasinos and discovered, that it is much easier playing games and betting on sports at home, than to go to a land-based gambling institution.
We believe that online gambling is here to stay and to become the new norm in cricket betting and sports betting in general. The reason is simple – players have already made a habit of it, while online gambling websites keep adding more games, functions, and bonuses to their portfolios. In such circumstances, it is hard not to expect online gambling platforms to take the majority of the casino market share.
The Bottom Line
The world has never faced a threat like a coronavirus as the pandemic caught everyone off-guard in late 2019 and beyond. The situation made a strong impact on the cricket industry and struck the betting business heavily. Luckily enough, the pandemic is slowing down and we expect things to start going back to normal in the months to come. After that, every gambler will once again get to choose between traditional betting outlets and online casinos.
©Cricket World 2021