Topic: How Big is the online gambling industry today? - page 10. (Read 2967 times)

There was a dramatic increase in internet gambling during the ban. People have turned to online diversions to relieve boredom and stress, just like your friend. It's like giving extroverts a one-two punch: no travel, no sports, and no socializing. Many people tried to solve their problems by throwing virtual coins into an online slot machine or poker game, turning the living room into a makeshift court.

It may be too simplistic to say that the pandemic caused someone to start gambling. That's like saying a bad shooter is to blame on the basketball. Playing style is more important than equipment. We need to dribble our own decision-making process even if external stimuli can serve as triggers. Perhaps your pal should use a "time-out" to regroup and figure out how to deal with his problems in a more productive way.

I just imagine before that people are like wanting to go to vegas to gamble and have fun as there are no casino in their areas but right now you can do it anywhere using your phone and people are already enjoying it more than going to actual casino. Also people wants more comfortability right now like just sitting in the couch and playing which it is very opposite before that most of us wants to go out from our houses. The digitization really also trigger it in which we used to it also because of the pandemic that no one is allowed to go out

And the most important thing is that nowadays most people want large amounts of money but in an easy way and they think that gambling is the right place for all of this because by gambling with only a little capital one can make sizable profits but only if lucky, I repeat again if lucky.
So that the gambling industry is growing with new gamblers entering gambling sites in increasing numbers from day to day.
But their biggest mistake is having the goal of making money and this can be a fatal mistake.

The online gambling industry will keep growing further and there are the simple reasons which are well obvious to most of us.The reasons being you will not spend time to go to the physical casino,you will not spend fuel to go there if you keep playing online,when playing online you can play from the comfort of your couch without being disturbed by other people around who may be screaming to bad luck,some others may be smoking and some other drinking alcohol adding to an environment which rarely generates big wins.So all these are great benefits to lose just to have a feeling when going to casinos physically,only nostalgic people will continue to go there.

Thousands of gamblers have indulged in casinos online and in the real world since the outbreak of the Covid-19 pandemic. But when the Covid-19 laws and regulations have to stay at home, the online casinos get crowded. And the hassle of going to a physical gambling shop is reduced and online gambling is most beneficial as it is most convenient to participate in gambling from the comfort of your home. Covid-19 has changed the gambling environment a lot in the present time as more number of gamblers are seen online now. Now in reality gambling is very rare and everyone has basically online systems like mobile phones, laptops etc to participate in.

COVID-9 is indeed the biggest trigger so that online gambling is developing so fast, and what is also one of the triggers is because the world is currently turning digital, everything is done via the internet, as long as you have an internet connection, people will be able to carry out activities. And what's most fun is that it can be done anywhere and anytime, unlike land-based casinos where players have to go to the casino, and what's also no less fun is that we play it in secret without the closest people knowing.

In addition, there's no limitation in accessing online gambling platform these days. People just need to have handheld and internet. They can access the gambling site whenever they want. The covid's impact is already gone. It's now the time for people to be actively gambling their money. Covid has made many changes in the gambling environtment. Online gambling has become the most popular thing right now. People are showing less interest to do that offline.


The gambling providers have an opposite opinion about that. The addicted gamblers will always give em money. Any party has different perspective.

Yes, I will have to agree with that.
With people being locked down in their homes their only stress reliever is looking for something entertaining on the internet and a part of it is the gambling industry.
Just imagine how many hours have we wasted just sitting at home doing nothing because of that pandemic and we cannot even do anything about it. I bet many people now became gamblers because of that phenomenon, in fact, I have one friend that is already addicted to online slots because of it. I cannot even talk to him when he and my other friends visited my home to have a Saturday night drinking session. He just kept on playing his game on his phone and worst he bought $10 worth of online money to me just to continue his gambling activity. That's the effect on one person due to the pandemic, and I think there are worst stories that happened during that time and are still having a lot of trouble now on how they can quit it.

Unless there are going to be some new intrusive regulations that disrupt the industry, i can see it only growing although i don't have a clue when it will reach a peak. Big casinos are more trustworthy then ever and people are confortable storing fairly big amounts of money in there. A decade ago people were already using pokersites as banks, there was even a simpsons episode about it. And i totally get it why people use crypto exchanges and casinos as banks. It's cheaper and you have more direct access to your money

The covid-19 pandemic period was a real booster to the increment in numbers  of people using the online gambling casinos with the restrictions of movement barring people from attending physical gambling shops the online gambling became an alternative to which after the end of the pandemic the convenience and privacy of online casinos made many of the gamblers to see no need of continually using the physical casino shops.

The ugly side of online casinos Is how unnoticeable the convenience and comfort of it can lead to addictive tendencies and too much time spending gambling online, at times to the detriment and neglect of other important matters.

I don’t even know how you would go about measuring the true amount of online gambling that is actually occurring. It would surely take an analysis deeper than whatever they’re doing to get the number. There are so many underground casinos and shady operators out there, the only thing I’m sure of is that the online gambling industry is much larger than anyone realizes.

The way I see it, the growth of the industry has not really been as great as they say it is. Yes, the online casino sector grew significantly during the pandemic, but at the same time the land-based casino sector experienced a very strong decline. It is more likely that the gamblers who played in land-based casinos were forced to retrain as online gamblers due to their closure. Personally, I do not think that during the pandemic in the field of gambling came a lot of new players who are active to this day. It seems to me that if there was any growth, it was very short term and not that significant for the industry.

While at the same time the competition on this industry is incredibly high, since online casinos have been around for almost two decades now and it is not easy for a land-based casino to outcompete the best online casinos, especially since many land-based casinos did not consider the possibility of moving online until the pandemic stroke, and by that time the leading online casinos only got even more powerful, making their transition more costly and less profitable.

Personally, I have always liked the idea of new casinos coming out and having all the desire to be the best, a company should always support itself 100%, but in reality when we begin to see all the things that have happened to the Over the years, we see that many times some casinos do not manage to do it properly, some just want to capitalize with the money of the players and do not have enough capital to support a heavy loss that a whale makes, and that many times It leads to failure and that is something that disappoints. For me, a good casino must show that it has a large capital and that it does not have to make the necessary investments in its security , and in its Marketing.

Of course , it is my way of thinking , when we see that there is a new casino, what we see is what opportunities to win there are, if it is worth it or not to deposit, then it is also good to see the reviews that other users Give, the most Experienced players Sometimes put them in context and in the open , so when they see strange things they don't mince words and say it, that's why a casino is  if they are going to dedicate themselves to it they must do Things very well and Honestly.

After the discovery of Bitcoin, the use of this currency on gambling platforms increased tremendously and since then the opportunities for crypto gambling have continued to grow. During COVID 19 there has been a major revolution in cryptocurrency gambling platform. Since then people are significantly attracted to gambling on crypto. There are now more cryptocurrency supported gambling platforms than fiat currency. Crypto casinos are now attracting the attention of gamblers due to quick and easy deposits as well as easy withdrawals. Every gambler considers crypto platform to be more secure. ‍So certainly say that this industry will gain more prevalence in the future.

Well, what I know is that Inoue wants to fight with the best , perhaps he already has Confidence in the new category and manages his weight, therefore he can challenge Casimero, regarding Fulton, that fight must go, and what What happened with Donaire is something else,it may be that things when dealing with Nonito do not give them much importance , but Nonito Still manages many fans, they love him, no matter how old he is, he is still loved, it may be that now things could happen differently, if we let things flow in boxing we would have already seen these fights and Quickly , but the business Model Moves in another Direction.


Yes, marketing can be a good reason, but I don't think it is the reason that equals 100% of what actually happens, for me things can turn out to be beyond, for example the lack of capital and the Lack of security, also some things like poor money management, all this leads to the failure of a casino.

When a casino is new, there are many things that are revealed, some test deposits, withdrawals at once, and if the withdrawals make many complications or excuses for not doing it, that already smells bad, in every casino withdrawals must be made Automatically, there should be no obstacles to it, it is difficult, because a new casino competes against the big casinos, in this area the fight is quite strong.

The reason why some casino businesses didn't gain significant success is probably because of lack of promotion, a casino business is about 70% dependent on promotions, and the remaining 30% goes into service, games, offers, and all other things. This means that a casino can never get successful if they don't have proper promotions running all around the internet and they need a team of experts for that to happen.

And it actually isn't that cheap to move from a land-based to an online platform because the development costs are skyrocketing these days and to have a good platform with proper marketing and everything, one will need to spend quite a lot of money, it will cost more if they go for developing own games.

The gambling industry was already very big even before the online gambling and COVID pandemic.  Since the introduction of the cryptocurrencies and specially after the COVID, the trend of online gambling was exponentially raised.

What I am interested to know is that the number of people playing online gambling have exceeded as compared to the people who play on at physical casinos. If this trend continuous the physical casino's activity will be very limited in the coming future.
Another thing to note is that this online gaming industry is on a continuous growth and still there is a lot of room to grow around the globe.

Since the covid pandemic happened, the world of gambling industry has had more opportunities to earn money through online. And its promotion was even accelerated when casino owners used the influence of well-known influencers and streamers on various social media platforms and it became an effective way for casino owners and today they still do it in reality and influencers also take advantage to deceive and deceive their followers.