Despite the coronavirus lockdown, many people are still placing more bets online. This is evident in the first major study of gambling habits during the crisis. Findings raise concerns that online gamers tend to put higher bets on high-risk products like online casino games which may lead to the rise of problem gamblers.
Online gaming spikes during coronavirus pandemic
The survey shows at least 1,000 respondents reduced their gambling habit from the time of the COVID-19 pandemic. This resulted in the cancellation of sports activities like horse racing and football. But despite the corona outbreak, regular online gamblers are gambling more than they used to. Those who gamble only once a week find themselves gambling more.
Since sports betting is not available due to cancellation of sporting events, regular gamblers resorted to casino games online like 1xbet that offer a wide variety of games like slot machines and poker online. This is risky because these games can cause addiction at higher rates. Even casual gamblers said that they are gambling more than they usually do.
There is more and more evidence that online gambling companies will be the main winners of the coronavirus epidemic, so the government must keep its promises and review all betting laws as soon as possible. Matt Gaskell, clinical director of the NHS Gambling Clinic Network in northern England, agreed that the government review would lead to major regulatory changes.
“In addition to the banned conditions, we saw a destructive impact of light regulation and harmful mantras in the gaming industry,” he said. The “Gambling Law 2005” needs urgent action to stop gamblers from making money, to stop ubiquitous advertising and marketing, and to revise the “Gambling Law”.
In any case, the industry-wide plan has banned people from betting and since the start of the ban, the number of former athletes who have asked to stop self-exclusion has increased by 15%. Part of the reason for the increase may be due to the rapid increase in the number of registrations on the system, which has resulted in an increase in the number of approved people who can release suspensions for 6 months or 1 year.