In one survey, more than half of gambling companies had seen a significant increase in the amount of people that are spending on mobile gambling apps. And there have also been an increase in the amount of people that are playing slot machines and gambling online at their mobile phone. This is a worrying trend especially when it comes to the young population. While it is impossible to say exactly how much money is lost by gamblers each year, experts warn that many have likely ended up losing their life savings.
Much of this is a result of the pandemic's and lockdown's negative effect. Since brick-and-mortar casinos are no longer available in many countries, people are moving to mobile and online platforms.