|“While large crowds might be bad for the public now (because of coronavirus), it is good for online betting companies,” an anonymous source, at one of Nigeria’s biggest online betting companies, told Muyiwa.
Betting companies are among those that are starting to feel the economic consequences of the spread of COVID-19. Following the suspension of some sporting activities, especially football matches, bettors are only left with virtual sports which Muyiwa reports isn’t so popular at the shops he visited. “Virtual bets are a rabbit hole, it’s determined by code. With real bets, I can bank on Messi and Ronaldo saving the day,” one bettor said.
Betting operators now say they are experiencing an off-season. “Some of our agents record about 250 bet slips per till, but in the last few days, it has fallen to 14,’ one operator told Muyiwa. Here’s the full story on TechCabal