Mounting evidence showed that the online gambling industry benefited a lot from the COVID-19 pandemic lockdowns, driving the virtual gambling market growth to newer heights.

TBRC Business Research detailed how online gambling platforms witnessed a spike in their user base during the lockdowns in a press release issued Thursday. According to the market and consumer research company, the COVID restrictions forced brick-and-mortar casinos to halt their operations, forcing punters to sit at home during the quarantine.

However, it appeared many people quickly turned to virtual gambling as a form of diversion while waiting for the situation outside to improve. The research firm observed that many frequented gambling websites amid the lockdown, with thousands of people registering every day to play their favorite casino games.

With the rise in players, some countries saw it as an opportunity to modify their gambling laws to be more lenient. Not only did the move help casinos enjoy better reception and earnings, it also helped many people cope with the health crisis since gambling gave them an escape from the stress that COVID-19 brought with it.

Even after the lockdowns, users continued to grow in number because many people discovered online casinos and showed interest in the iGaming industry. As such, the online gambling market size is expected to grow from being a $76.79 billion industry in 2020 to a $127.45 billion market by 2025.

When everyone got stuck in their homes, several people learned about the convenience of accessing different casino services online. Online slots, bingo, poker, lottery, and sports betting saw a surge in players. It’s not surprising considering that most online casinos have optimized their games and services for both desktop and mobile devices.

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