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Online Betting in India is going down because of Corona virus
31st March, 17:45Coronavirus or COVID-19 the infectious disease is affecting mankind across the globe. The hazardous virus has taken the lives of an enormous number of people and still spreading havoc. The mayhem causing because of this virus is extremely awful. The disease is spreading rapidly in almost all countries worldwide there only a few countries that are virus-free, rather than almost all the countries are suffering from Coronavirus which originates from China. However, China has almost overcome the virus but all other countries are terrifying from this virus due to which the governments of all the countries are bound to take major steps in order to prevent this disease in which nation lockdown is prior.
But this lockdown is carrying its own negative effect of itself as the lockdown causing major fall in GDP of the nation. Online betting also getting affected because of this lockdown. The quarantine period has almost stopped playing casino online, only a few groups are still retaining the online betting. But they also cut down the price of betting by almost half. The price cut down is making a negative impact on the online betting but like all the authorities behind the online betting are also helpless as there is no way to regain the buzz of online betting due to lockdown.
People are also moving toward the sports betting but nothing seems untouched by the virus. All the sports events also halted by this infectious disease and get postponed and the same is happening with several online betting games that get stopped due to inappropriate participating barricading in accumulating proper revenue for reward or other essentials. The position and situation of all the online betting games are almost the same as all are observing major drop during the crisis. It also seems quite difficult to observe any kind of growth by this online betting games during this time.
Although, this 21 lockdown is helping in breaking the chain of Coronavirus but on another hand, it badly affecting all the revenue accumulating essentials which may raise more crises after the lockdown like a fall in GDP of raising at the price of mandatory things. Not, only online betting is influencing due to COVID-19 outbreak but massive industry, stock market, economic cost all are terribly shattered. But, still there 2 weeks more left for this lockdown which is not sounding good at all. Well, stay tuned with Social Telecast for more information and all the latest updates on the COVID-19 Pandemic outbreak.