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Betting companies suffer major loss due to the outbreak of the coronavirus disease

Sports betting companies have incurred significant losses as a result of the continuous spread of the COVID-19.

The coronavirus outbreak has created chaos in the world of sports with many of the European based footballers falling victim to the disease. This has resulted in the postponement of majority of football related activities worldwide.

The suspension of football related activities have left customers with only a limited number of events to place their bets on.

From the information we’ve gathered, betting companies have failed to hit their daily targets since the emergence of the disease as the number of customers who patronize their services have reduced tremendously.

With the future now uncertain, betting companies have now made efforts to encourage more customers to wager on virtual games to help combat their financial losses.

Will betting companies survive if the disease persists any further?

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