Businesses that witnessed a sudden boom during the COVID-19 lockdown

The COVID 19 outbreak has brought about a lot of change in the world. And some of these changes include some businesses like casino games online falling apart while some double up in profits.

Recently, a lot of people have been left jobless after their businesses were declared non-essential and thus shutdown. While some are trying to push through, some business owners have been swallowed in the losses due to the COVID-19 lockdown.

Therefore, if you are looking into being an entrepreneur you might need to start changing plans. Meaning, you should create a business that can thrive in any situation handed to you.

Here are some of the businesses that are witnessing a boom in this economic recession due to the COVID-19 lockdown.

Online casinos

Now that there are no sports to bet on and land casinos to go to, a lot of people are turning to online casinos. Hence, some online casinos are recording more than 60% in revenue increase in the past few months.

Online sportsbooks are barely managing to pull through. But, for those who have pokies online games on offer as well can at least survive on low budget operations.

YouTube

Now that a lot of people are at home, they can finally watch all those YouTube videos you have been asking them to watch for the past 5 years.

It is not only YouTube that is benefiting, but the YouTubers as well. For example you need about 1000 views for you to start getting adverts on your video and getting paid by YouTube. In the current lockdown situation you can hit those numbers in no time with the right content.

Telecommunication companies

Telecommunication companies are always booming despite the situation. But, in this lockdown, a lot of people are streaming more videos and movies.

Let us not forget the number of phone calls being made around the world of family member checking up on each other and business meetings. Therefore, sales must be tipping of the roof for network providers around the world.