People being stuck at home, restaurants, bars & non-essential shops that were closed until 12th April doesn’t necessarily mean that other Industries weren’t thriving. This is completely the opposite which is good to see, since 2020 has been a tough year for SMEs. These Industries are in the right place at the right time and they are estimated to keep growing despite Covid-19.
Here are some Industries that are still Thriving:
TV Streaming, Online Education, Game Streaming, Gift & Occasions, Home & Garden, Fashion/Beauty, Online Gambling, Food & Drink.
- Streaming TV services such as Roku, Amazon Prime Video, Hulu & Netflix (Exploding Topics, 2020). For example, Netflix has seen an increase of 16 million new customers sign-ups at the start of 2020 (BBC Business, 2020), raising their revenue for the year to $23 billion. Hulu saw a significant progress as well by generating 10 million new customers to its 20 million customer base.
2. Steam: This game digital distribution service launched in September 2003 which provides video streaming, social networking services & digital rights management for games. Steam saw a traffic growth of 30-40% in March’20 when it came to downloaded games (IGN, 2020).
During the active stage of lockdown, the gaming industry reached a significant growth with one of the biggest manufacturers “Sony” selling 1.5 million PlayStation 4 consoles, during July-September 2020, substantially more than the previous quarter (PlaystationLifestyle, 2020).
3. Online Gambling
For those who like to go to a land-based casino during their weekends or holidays, this is still out of bounds, until at least 17th May (iGaming Business, 2021). In many countries like the UK, Australia, or Canada where it’s legal to gamble in casinos, this industry took a negative impact as many betting shops, clubs, land-based casinos were closed during the Covid-19 lockdown.
On the other hand, all it gave was an opportunity for online casino companies to thrive and focus on their CRM to design better bonuses for their new and existing customers. In the UK online gambling grew 8% in 2020 (Gambling Commission, 2020); in Canada, a 13.2% increase was expected (Concordia.ca, 2020); Australian operators also reported similar revenue growth of 10% as opposed to 5.3% last year.
Cision PR Newswire, 2021 reported 5 Online Australian Casinos that saw 13%-46% increase after lockdown, these brands: Aussie Play, Ignition, Joe Fortune Pokies, NicPokies & Woo Casino.
Unfortunately, we haven’t reviewed all these casino brands, as we try to pick a specific niche of online casino deals, we handpick the ones we believe that can give more value for your money in exchange of improving your iGaming experience.
The online casino from the “Cision PR Newswire” list that we’ve reviewed was WooCasino’s T&C’s, Bonus Restrictions & Limitations.
150% UP TO €/N$/C$200 Bonus Deal Package + 200 Bonus Spins
1st deposit: 100% match up to $/€100 Bonus + 150 free spins on Wolf Gold- Bonus Code: WOO
2nd deposit: 50% match up to $/€100 Bonus + 50 free spins on Avalon: The Lost Kingdom - Bonus Code: WOLF
Weekend Reload: 50% up to €/$100 + 60 Free spins on Elvis Frog in Vegas.
Video Streaming Stocks Worth Watching by UK SpreadBetting.
Deal Empire Tip of the Day:
You can consider investing in stocks for the upcoming streaming TV companies that are growing, you can read further about Streaming stocks on CMC Markets, 2021