The coronavirus (COVID-19) outbreak has dramatic consequences on the betting segment as all major sports events during the last couple of weeks have been canceled or postponed. With no major events to bet on, Redeye expects to see an unprecedented decrease in sports betting revenues in Q2´20. Meanwhile, the online casino segment seems to cope well as the demand remains thanks to the easily accessible digital solutions. In this note, we elaborate further on the short- and long-term effects of the coronavirus on the gambling industry.