The Emergence Of The Online Casino Industry

Nobody can deny that online casinos are the platform of the future. Sure there’s always going to be a place for the ‘real deal’ of the pit – and long may it last – but when it comes down to casual play, online is simply the way. There’s a long list of reasons why online gambling has proven to be the reason why so many old school, non-online bookies have shut up shop in recent years. Make no mistake it’s sad to see them go – most of the chains remaining belong to companies with a massive online presence. In the UK, for example, Paddy Power, Ladbrokes, and Coral have thousands of properties between them. Why? Because they understood the online trend and were able to capitalize on it.

Yet this is a global trend. It’s estimated that one-third of all bets placed in the UK are now done online or in-play. That may not sound significant, but elsewhere online is often the only way to stake a wager, especially if you’re into slots. Here’s why.

Technology Fuels Online Gambling

No matter where you are; with a smartphone, you can gamble anytime and pretty much anywhere. This is so important! Gambling companies are always one of the fastest to adapt to new technology arguably they pioneered online betting back in the 19th century when the telegraph was developed! Nowadays it’s simple accessibility that pretty much anyone can use to stake a bet or even play for kicks. Many users of the top sites such as the Grande Vegas online casino enjoy playing their games casually for free and save their pennies for when they’ve figured out how games work. That has never been an option with traditional slots, and a massive reason why online casinos have enjoyed vast leaps in users in recent years.

Legislation Is No Longer An Issue (Mostly)

Sure certain parts of the world are always going to prohibit gambling in any form, but there’s been a huge relaxation across the world in online gambling legislation. The fact is that anyone, anywhere, with a dose of net savviness, can gamble anyway – so why not just make it regulated and taxable? This is especially the case in emergent markets ranging from Eastern Europe through to Asia and South America. People can and will play anyway – it’s ludicrous not to make it freely available without risk of penalty, and reap the income from licensing and regulation.

Games Are Getting Better

Early online gamblers may remember with blinkered memories how terrible the early days of online slots and table games were. The ping rate alone would put most people off. Nowadays that’s a distant memory. Casino games are now essentially the exact same as what you’d find in the confines of a traditional walk-in casino. Just with the added convenience of being able to play wherever and whatever you choose. It’s a different world compared to a decade ago, and with the ever increasing number of quality games production companies – long may it stay that way (and highly competitive).

It’s a Global Phenomenon

Where’s the largest growth market for online gambling? You’d assume either Europe or North America – but in fact, it’s Asia. This is not just down to traditional games, it’s also increasingly down to emergent events such as E-Sports – especially in S.Korea. A decade ago there was very little in the way of active online gambling in this region. Now it’s huge and is only going to grow bigger. After all, what’s the difference between staking on black or red on one side of the world compared to the other? Nothing.

When Will Online Gambling Peak?

Some speculators suggest that given the now global access to smartphones and WIFI that we’re nearing the saturation point with online casino cash play. That’s not the case because demographics shift rapidly. People too young to enjoy a flutter at the present will eventually – hopefully – enjoy good careers, make a disposable income and get into online play. This is why so many of the major international online casinos are focusing upon emerging nations. Once they secure local regulation – they have potentially billions of new players in the future.

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