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Covid-19 halves bets: from -43% to -59% of expenditure in march 2020

10 April 2020 - 17:21

Written by Editorial Board
Covid-19 halves bets: from -43% to -59% of expenditure in march 2020

Bets in freefall due to the closure of the physical collection points and the stop of all sports events, because of the coronavirus emergency.

Minus 43 percent and €49.3 million of expenditure. The month of March, which coincided with the containment measures for the whole national territory, records a crazy drop for online bets too. The data shown is for the remote gaming, that was affected by the stop of all possible leagues with very few "surplus", including Belarus, Nicaragua and Australia, among the football fields where they still play. But sports bets collapsed even more consistently in the physical shops, that recorded a minus 59 percent of expenditure due to the forced closure recorded between the first days and the middle of March. Collection of online betting was however of €477.4 million, with a payout and winnings of 428 million, the rest to the supply chain and the tax authorities. Virtual bets collected €85.2 million, with an expense of 12.5 million. According to GiocoNews.it data and communicated by the operators, Bet365 is the leader in the March collection with 17.19 percent of the expense share, Snaitech follows, with 14.25 percent, Sks365 with 11.09 percent and then Sisal Matchpoint with 10.72 percent. Eurobet and Goldbet coupled with, respectively, 9.47 percent and 9.23 percent, while Lottomatica Better on 4.65 percent. Bwin at 2.31 percent while Betaland reaches 1.47 percent.

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