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online gambling under 18(Image: Getty Images)From March 1 through July 31, 62 percent of issues in the hotel, gaming and leisure space were downgraded, aThe hotel, gaming and leisure sector is proving its vulnerabilities to global pandemics, and that’s evident in financial market parlance, where the industry suffered more corporate credit downgrades than any other since March. The online gambling market is flourishing during the pandemic.COVIhard rock casino restaurantsD-19 has driven American gamblers online with casinos shut and sports disrupted, (but) gamblers have still gotten their fix,” read a recent article in The Economist.As a result of the coronavirus, Grand View Research, a market research firm that covers technology industries, predicts the online gambling market will grow at an annual rate of 11.5 percent from 2020 to 2027. And while the casino operators have lost hundreds of millions of dollars — if not more — in gaming and operational revenue, their internet platforms at least continued to supply the companies with some sort of income during their mandatory closures.Through seven months of 2020, internet casinos have won 0.2 million. (Image: Adam Monacelli/Courier-Post)July’s GGR represents a 23 percent decline in casino year-over-year win. If that is realized, the internet gambling market would be worth 7.3 billion in seven years.Back in BusinessAtlantic City casinos were permitted to begin reopening on July 2, just ahead of the critical holiday summer weekend.However, Borgata, the market’s top-performing casino, opted to remain shut after New Jersey Gov. bovada casino code free chips 2021