If there’s one industry that’s been constantly booming over the last few years, it has to be online gambling. In fact, the online gambling market is expected to grow into a $100 billion empire by 2026 and last year alone, online gambling recorded staggering revenues of up to $66 billion.
The COVID-19 pandemic also drove the market even further with 65% more people using online gambling to entertain themselves while on quarantine. But why exactly are there more online gambling websites today?
More people now prefer to gamble on their mobile phones.
Casinos used to be as traditional as they can get. Then there came the birth of the Internet and almost everything around us went digital including gambling.
Now with the majority of the population owning a mobile phone, online gambling websites have become easily accessible to more people who want to gamble conveniently wherever they are.
Online gambling websites are not as intimidating as traditional casinos.
A lot of first-time casino goers are intimidated to go to a traditional casino thinking that more veteran gamblers might laugh at them or they might get overwhelmed with all the choices they have.
But when you play in an online gambling website, you don’t need to worry about how to act in a casino or not knowing what game to choose.
Since you’re just playing online, you can take your time in doing research about the different games that you should try and some websites even offer a free game to give you a feel of what it’s like to play a game.
Online gambling websites also focus on giving gamblers the best experience possible so they usually have freebies, loyalty points and other rewards that you can enjoy without feeling the pressure of being in a traditional casino.
Privacy is one of the biggest advantages of gambling online.
Some people can be judgmental towards people who like to gamble, which is why a lot of gamblers now prefer to gamble online because they can enjoy their favorite games while keeping their privacy.
Online gambling websites are also considered a lot safer for players because these sites are not only created by seasoned developers, but they’re also fitted with the best online payment processing systems that allow for safe transactions.
This prevents any chances of fraud and identity theft from happening, which could jeopardize both the consumers and the website itself.
85% of Americans say that they gambled at least once in their lifetime. And with the current pandemic, there has been a huge increase in people spending their time online and finding gambling websites where they can have fun and spend their money without leaving their homes.
Online gambling is definitely taking shape to be the future of the industry. In fact, traditional casinos are now embracing the online experience by seamlessly combining their traditional methods with technology to allow gamblers to enjoy the best gambling experience even in the comforts of their own homes.