H2 COVID19 Recovery Tracker: global land-based market adds 3.4% in value, 88.6% of the sector has reopened
Posted on 25 June 2020 in General
H2's COVID19 Recovery Tracker shows that the global land-based gambling market has added a further 3.4% to its value, taking the total percentage of the sector that has reopened to 88.6%.
- Asia regained 4.1% of its land-based gambling market with the reopening of casinos in Singapore, as well as the resumption of Singapore Pools lottery draws and reopening of retail lottery outlets. This means that, to date, markets accounting for 95% of the region’s land-based gambling gross win have reopened. North America also continued its strong recovery with Maryland, Ohio and Vermont all reopening their land-based gaming facilities, resulting a return of 3.9% of the total market value, meaning its total has now reached 89%.
- Europe and Oceania did not regain much this week, but several markets announced future reopening dates, leaving Sweden and Russia now to confirm when they will reopen to the public. Europe remained at 89.3% and Oceania gained 0.9% to reach 60.7% of its market to reopen.
- Africa saw its biggest percentage return since the start of its lockdown, regaining 4.9% of its total market by value and notably confirmed that the region’s largest gambling market by far, South Africa, will reopen on 1 July 2020.
- Latin America’s gambling market remained firmly locked down, as new cases continue to rise across the region. However, the resumption of Brazil’s lottery and sportsbetting markets and their disproportionate value in the region mean that whilst only 6.5% of the actual number of markets reopened, they represented 26.6% of the region’s market by value, taking the total up to 38.1%.
H2 Gambling Capital is the lead data consultancy for the global gambling industry. For further information on H2’s data and research please contact: data@h2gc.com
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About H2 Gambling Capital
H2 Gambling Capital is the leading supplier / aggregator of data regarding the global gambling sector. Its subscribers include many of the leading sector operators, suppliers and regulators across the gambling industry as well as in the banking and investment sector. H2 has also worked with 100’s of clients from every continent on a bespoke basis under its H2 Premium service.