Online casinos in the US reported revenues of $402.7m during the second quarter of 2020, more than triple the previous year’s figure.

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According to research data analysed and published by SafeBettingSites.com, the growth rate for Q2 2020 stood at 253.8 per cent, year-on-year, while taking the first half of the year into account the increase was 189.7 per cent.

Those figures stand in stark contrast to bricks-and-mortar casinos where revenues shrunk by 78.8 per cent in Q2 to $2.3bn from $10.8bn.

Online casinos also outperformed sports betting platforms. That’s in spite of the fact that the sports betting platforms are legal in 18 states, while online casinos can only operate in five states. Due to the closure and delay of major leagues and sporting events, sports betting was down 46.3 per cent year-on-year.