H2 Gambling Capital has adjusted its revenue projections downward do the 2020 fiscal year, due to the industrywide Covid-19 shutdown. According to a report in iGaming Business, H2, the publication’s data partner, is predicting global gross gambling win of £384.4 billion, which is 18.8 percent below the forecast provided in February.
H2 said the further $15bn reduction in its 2020 forecast was down to the addition of the IMF’s downgrade of its expectations for global economic growth from plus-4.9 percent to plus-3.0 percent and other data points, including the cessation of Chinese lottery sales in February.
