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COVID-19 pandemic has had a significant impact on online gambling industries

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The response to the COVID-19 pandemic has had a significant impact on online and offline gambling industries in many parts of the world. Various forms of offline gambling such as casinos, bingo halls, racecourses, bars and clubs with electronic slot machines (EGM), lottery retailers, betting shops, and poker rooms were forced to close to ensure the epidemic. As a result, online gambling takes advantage of the opportunity to boom in revenue since the first lockdown.

Comparable to the development of the pandemic, the situation of the gambling market also has unpredictable developments as more and more people participate in gambling which leads to the self-tightening of the regulators in recent years. This article will analyze the gambling market after 2 years of the covid pandemic.

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How is the Market like after two years of the pandemic

According to CasinoMentor view of point, there will be a big improvement in online gambling during late 2021 and early 2022 as many markets are entering a ‘new normal. Online gambling sites have also shown strong momentum in promoting gambling which is projected to reach US$26,290m in 2022 at a compound annual growth rate (CAGR) of 10.8%.

Several media reports indicate that in fact, the strong boom is due to a significant increase in the number of online gambling players in 2 years (2020, 2021) and driving this increasingly popular form of gambling.

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Let’s have a look at new casinos opened in 3 years to see how when demand increases, the quality of supply:

Top new online gambling for the recent years

A lot of casinos are popping up almost daily, so our casino experts have selected the best ones, matching top criteria like Safety, Transparency, and a Famous owner. Refer to the list below to choose the new casino for you.

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BOHO Casino: This is a new casino launched in 2022 by Hollycorn N.V. The highlight of this casino is that they accept many different currencies along with an impressive list of payment methods up to 18 different methods. This casino also offers promotions including No Deposit and Deposit bonuses with high value and attractiveness.

Mondcasino: Also a new name launched in 2021 by the company Versus Odds B.V. The good thing about this casino is its very impressive list of games along with the quality of support that is considered excellent. When you deposit money into this casino, you will receive an attractive match bonus with a chance to get 100% up to $500.

BOHO Casino: The next character on our list is BOHO Casino. This casino was born in early 2022. The highlight of this casino is that you can deposit and withdraws via cryptocurrencies. Besides, you can also explore a huge game list including a wide variety of live dealer games.

Buumi Casino: This casino reminds me of “Bumi” which means earthquake in Indonesian. Let me also go over a few highlights about this new casino, which has very high withdrawal limits, which is where most players are impressed. Besides, the quality of the support team received commendation points. This is going to be a casino worth trying in 2022.

Millionaria Casino: Last but not least, I want to mention Millionaria Casino, this casino was born in 2022 by N1 Interactive Ltd. The strong point at this casino is the attractive bonus program and many more strengths such as multiple currencies in one account, an above-average withdrawal limit.

Above are 5 new casinos launching in late 2021 and early 2022. There are many more. But looking at the overall quality, you can see that investors actually invest more in quality in all aspects of these online casinos.

Why should you play at a new gambling site?

Legality and safety: Players are becoming more and more knowledgeable about this industry. Especially when they have time to scrutinize any new casino. All casinos should be legalized by world-leading regulators like UKGC (UK Gambling Commission) or Malta (Malta Gaming Authority), Curacao. Playing at these licensed casinos will keep you protected. If you are unsure, you can visit their website, search for the casino and check their license status.

User Experience: What new casinos do over the old ones is an upgraded user experience. Websites load smoothly, navigating between games is easy. And what’s more, players can play right from their mobile phones on the mobile apps offered by the casino.

Variety of Games: The new casinos all have a large stock of games and come from top game developers.

Welcome Bonus: The goal of most major casinos is to offer welcome bonuses to attract new players. In addition to the very attractive bonus value, the withdrawal conditions such as the wagering requirements or the games allowed are very reasonable for gamblers to consider.

Payment Options: Another key point these new casinos focus on is the payment provider options you accessed. This list is increasingly targeted by operators and we see them increasingly localized into the countries the casino targets.

Conclusion

After the Covid 19 pandemic is the time when all types of businesses transform to have positive changes. Online Gamling is no exception. More and more new online casinos are born with many new, attractive, and very safe features for players to discover and place money.

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James Musoba
James Musoba
Studying Africa's startup and technology scene. I always look forward to discovering new exciting inventions and vibrant entrepreneurs.

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