As the coronavirus pandemic has swept the world, the health and economic impact on local communities has been far-reaching. Across the board, WLA member lotteries have stepped up in support of their communities, going above and beyond their usual charitable endeavors to help alleviate the effects of this unprecedented crisis. Below we provide a selection of some of the many lotteries making a difference in the fight against COVID-19.
Like the global financial crisis of 2008, or the 9/11 terror attacks, the coronavirus pandemic has proved to be an earth-shaking event. The full magnitude of its consequences will likely be felt for years to come. Now, emerging from the pandemic lockdown, we are faced with many uncertainties. True to its nature, the world lottery community is collectively working to seek clarity in the wake of the crisis.
- COVID-19 cases top 14 million worldwide with a confirmed case fatality rate of ≈4.3% and an estimated infection fatality rate of ≈0.65%.
- Asia and Europe ‘flatten the curve’ as hotspots ignite in the US, Brazil, and India.
- EU reopens its borders to travelers from 14 nations but not to US tourists.
- Economies restart as parts of Europe and the US cautiously emerge from lockdown.
- Global output in 2020 projected to decline 4.9% globally and 8% in advanced economies as world enters worst recession since Great Depression.
- Cumulative loss to global economic output across 2020–2021 now put at USD 12 trillion.
- More than 50 million Americans file initial unemployment claims in 17 weeks as extended unemployment insurance is set to expire.
- Lotteries in China, Europe, and the US start the shift in earnest from retail to online.
- Sportsbooks begin to recoup as German Bundesliga, English Premier League, and Italian Serie A return.
- Las Vegas strip reopens with 21 of 35 resorts having returned by the 4th of July weekend.
- H2 Global Gaming's 2020 total gambling forecast now downgraded 24.0% on pre-outbreak estimates with lottery products' global gross win downgraded 14.4%.
The COVID-19 pandemic lockdown has forced us to adapt many aspects of our daily lives. Prolonged indoor stays are accelerating the evolution of eCommerce, have made home office the current standard working model for many, and have brought the classrooms of our school children into our homes. But what will remain of this adaptive behavior once the lockdown has been lifted?
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