Football is watching with fear the events triggered by the coronavirus pandemic, which has paralysed it for weeks. The sport has become an increasingly lucrative business. In Europe alone has increased its income-generating capacity fivefold in the last 20 years.
But soccer now sees its economic prosperity threatened by Covid-19, doubts as to whether or not tournaments can be completed, if so under what conditions, not to mention its ability to recover in a new world that is likely to be hit by a deep global recession.
The crisis has already impacted on the financial structures of the elite clubs. Teams such as Barcelona, Bayern Munich and Sporting Clube de Portugal have already announced big wage cuts and/or layoffs among their sports staffs and the rest of their workers to ensure their viability. Other organisations are soldiering on, such as THABET who are still operating, in the hope that normality will soon be restored.
Several football teams worldwide have rich owners and benefactors that allow them to opt for a model of sports performance over profitability, but that is not a luxury shared by all clubs, even many of the largest on the planet.
Quarantine takes more and more Portuguese to online casinos
The sudden halt of all football has hit the betting industry hard, and the malaise has spread to casinos too, although the extent of the drop-off is not yet truly known. The eleven casinos operating in Portugal in 2019 generated a gross gaming revenue of 315.2 million euros.
Estoril, Lisbon and Espinho casinos, the largest in Portugal, have been forced to close their doors in line with the nationwide lockdown that came into place in March.
At a time when most of the population is quarantined and soccer and sports competitions are frozen, more and more people are taking advantage of the seclusion to explore the world of online gambling and know how echeck casinos work.
In this space, expectations can never be too high. Here you can browse through the best offers, tips and advice for betting on online casino games.
Online platforms, more than ever before, are the right place for those who like sports and casino games. These provide daily news, offers, news and content about the online gambling market in Portugal, so if you are interested in knowing a little more about this world, these will be a great guide to make your debut.
Online casinos as a distraction from the sofa
If you are a fan of the gambling and sports betting world, and an afternoon or evening well spent is synonymous with a trip to the casino, frustration has probably taken over. Now that we are in a period of social isolation, it becomes impossible to go to physical casinos for a few hours of pure fun.
That’s why online casinos are so unique: we don’t need to go to a physical casino to have the opportunity to win some money on the best games available. It’s all one click away - you can choose what to bet on, when to bet and the amount you find appropriate.
As long as you have an internet connection, you can choose to play on your smartphone, computer or tablet, and before you know it you can get much more return than you expected.