The entire college football gambling landscape has flipped from last year. While online gambling has always thrived, dynamics continue to change. When sports shut down last March gamblers were stuck. Many of them returned to the online casino betting tables. And with the great bonuses and incentives offered it took away the sting of no sports. At the same time, online gambling benefited from the coronavirus itself. Gamblers were wary of going anywhere in person. Just as problematic was that most brick and mortar casinos were closed anyway. Now they are just reopening with underwhelming results.
College Football on the Brink
Last week the Big Ten and Pac 12 announced they would not play football this fall. The SEC, Big 12 and ACC are still trying to find a path. But their parsed words make many believe they too will back off at the end. All of which is going to leave a massive gambling void in the months ahead. Once upon a time college football was part of the online betting gold mine. That is not going to be the case for 2020. This ties into what is happening at traditional casinos.
Brick and Mortar Casinos Hit Hard
Massive losses have been reported from most casinos since the Pandemic. Gamblers discovered they liked the safety and convenience of online gambling. Of great concern is the expense and hassle that it now takes to travel to Las Vegas. COVID-19 has made everything more complicated and uncomfortable. Beyond that, the online casinos offer a much better deal to gamblers. Specifically, the variety and value offered by offshore casinos can’t be matched by Vegas. Or anywhere else for that matter.
Atlantic City showed a lackluster performance as it reopened. Las Vegas has been very disappointed and hard hit. In the second quarter, commercial casino revenue fell 78.8 percent. Casinos such as the famed Mirage remained dark. Bill Miller, president, and CEO of the American Gaming Association said the pandemic is the most difficult challenge in the industry’s history. Now with college football bailing, those concerns are further multiplied.
Football and its Ties to Competition
The first among the positives for the industry is that the rest of sports has returned successfully. The return of the NFL will help soften recent blows. But the fact remains that gamblers have so many other options available. More states than ever before are offering to gamble of all types. Including sports. Las Vegas and related cities may never recover. Correlate how the pandemic forced gamblers to seek alternatives. And how online gambling beats every challenge that COVID-19 offers.
Accordingly, online casinos are already planning on how to offset the loss of college football. Additional games and tournaments are on the docket. Incentives and bonuses will be increased. So too will there be ties to the NFL as it prepares for its full season? Software developers are constantly improving and developing attractive games. Jackpot incentives have never been greater online. To be exact gamblers safe at home have discovered how much better the online casino experience is.
Sportsbook Upheaval Leads Gamblers to Offshore Books
Late on there has been tremendous upheaval at brick and mortar sportsbooks. Cause by the long sports pause and its permanent financial damage. As a result of this gamblers have flocked to casino Betting online for much greater stability. All told the pandemic has served to show gamblers a better way to play. And it’s unlikely they will revert back.