(STL.News) If we look back at 2020, it is definitely the year that we all want to forget. At the start of the year, we all heard of a mysterious virus that was rocking the streets of Wuhan in China. By March and April 2020, we were all locked at home, as PMs everywhere announced national lock-downs and asked the public to stay indoors and only exit households for essential reasons. All of this did have its toll on businesses and even gambling.
We have seen businesses move quickly to an online operation, and undoubtedly some of the most prominent online businesses did surge. However we feel that 2021 will be the year of online casinos. As the US moves to regulate further sports-betting and having this available in more starts, it feels that 2021 will be the year when we all forget about going to the around the corner betting shop, and all our sports betting will be held online.
2020 was not a good year for trade and businesses worldwide. Many companies closed their doors, many people lost their jobs, and the US economy faced massive issues. Many states across the US have recorded a 10% loss on their tax revenues, however this is set to increase back to 20% in 2021.