US legal sports betting booms while iGaming falls behind
The South Carolina Gamecocks won the women's college basketball championship, while Purdue and UConn will play for the men's NCAA title.
This season, bettors have already...
Gaming Industry News From Canada and The USA
Almost one year after the first lockdown, the US casino industry’s Q1 report shows promising results.
Founded in 1995, the American Gaming Association notes that the industry’s GGR was more than 11bln even though many COVID-19 related restrictions are still in force.
The situation in Canada is almost the same as at the start of the pandemic. Great Canadian Gaming Corporation, which includes 25 properties across 4 states, says that only 1 of its casinos is operating now.
The Interim Chief Executive Officer of Great Canadia Gaming, Mr. Terrance Doyle stresses that despite the headwinds of the last year the corporation is looking forward to reopening its hotels, casinos and other entertainment facilities.
Corporations properties that resumed their operations have enjoyed great popularity. The Great Canadia Gaming is also excited to see the results of vaccination in the country and how it has affected other industries so far.
Of course, the GCG is not the only corporation that is looking forward to the lift of some pandemic restrictions.
The industry experts note that after the winter holidays and the second wave of COVID-19 the USA managed to start the vaccination process earlier as the country produces vaccines. Unlike Canada, which has to purchase the vaccines from its neighbors.
Canadian Gaming Association’s Chief Executive Officer, Mr. Paul Burns noted earlier this year that
In some sense 2021 has been worse than the last year as the virus spreads faster and affects more and more young people. However, the industry representatives stay positive ad believe that Canadian gaming corporations will experience the same boom as their US colleagues after fully reopening.
Mr. Burns also highlights that the lockdown has affected casino employees and customers as well who want to resume visiting their favotite entertainment places.
The high vaccination rates in statse like Ontario and Quebec have already set the roadmap of lifting some restrictions. Nevertheless, casinos will not be among the first facilities to reopen.
AGA study reveals above-average diversity in gambling sector
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