MGA show the worst effect of the pandemic on sports betting operators in 2020

June 17, 2020

Seeing the bad effect of the COVID-19 on the igaming industry, online operators decided to conduct a survey which covered a number of different aspects such as the operation cost, investments, gaming revenue . The result was published by Malta Gaming Authority (MGA). The report shows the severity of  the COVID-19 pandemic on the Maltese gaming industry.

Reported from the survey, the B2C sector has been the most impacted by the COVID-19. The aggregate gaming revenue of the 151 B2C companies is predicted to reach a deep fall in sports betting activities by 12% in 2020 

Sports betting operators still remain to be the main victim of the crisis with gross revenue expected to fall and around 40% lower than earlier projected in 2020. The main reason behind this crisis is the postponement of investment B2C operators. 

The 2020 revenue of 63 B2B gaming companies joining the study is expected to be 20% lower than the previous estimates. 

To respond to the crisis and to save themself, these B2B companies which accounted for 33% and 38%  are still going to postpone their investment during this tough year. 

While those engaging in B2C and BCB operations see the fall 20%  in revenue in 2020, 66% are still undergone the postponing investments.