The world is in a health crisis as it is facing the COVID-19 virus pandemic
The world is in a health crisis as it is facing the COVID-19 virus pandemic. This virus is claiming many people’s lives in a matter of a few days after infection if they dont receive proper health care. The respiratory disease spreads faster when people come into contact with each other. Health organizations and government agencies are discouraging assembly of people to help control the disease from infecting many people. Several sectors face the impact of the spread of this virus as they cannot continue with their activities.
The sporting world is the most affected sector; the sports organizing bodies suspended all the activities after reports showed that the events fueled further the spread of this virus. This spread led to the suspension of all sports events to avoid people gathering in large numbers and contracting the virus. Despite several sporting activities making losses due to this pandemic, some sectors are doing well and benefiting from it. Betting and gambling companies that base their services on esports are doing better as their revenues and stocks keep rising.
The EA sports make electronic games that people play on their game consoles, such as the play station. The games they make are entertaining, and many people get addicted to them as they play them. FIFA 20 is one of the games that makes many people addicted to playing while at home or in their free time. Since most countries are on lockdown and people are not going to work, all they can do is play these games from home. These people have all the time in their hands, and they play many EA sports games, which means profits to the companies.
Some online platforms have taken the challenge to help many electronic sports players to access and watch these games. For example, Facebook launches features on its website that allows people to watch the electronic sports games. They can view and also plan to have a contest with other people using their platform. Innovations by these companies are ensuring that they continue thriving amid the world crisis. This feature is making playing these EA sports games exciting, and many people are supporting the idea.
Esports betting is becoming the major betting and gambling events as people remain in quarantine. This sector is making massive revenue for the companies that provide these services to its clients. Many people cannot watch sports events due to their suspension, for them to remain entertained, they involve themselves with betting on virtual sites. Many gambling sites have emerged to take advantage of the surge of gambling activities as people stay in their homes. Bookmarkers are more involved in the esports activities as it is the only thing closest to the real sports.
Despite the world being in a crisis and many companies and businesses are shutting down. They shut down due to losses and their shares taking a dip while others make huge profits due to the crisis. The betting and gambling companies have increased share growth as people at home bet and gamble more often due to idleness. The lockdown is proving to be a golden opportunity for most esports and betting companies.