How Big is the online gambling industry today? - page 3.

Lorence.xD

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Quote from: legendbtc on September 09, 2023, 08:04:00 AM

With the development of the Internet and smartphones, the online gambling market in the world is growing stronger. This boom is due to the growing trend of digitalization and the loosening of regulations related to online gambling. Many countries have accepted the legalization of sports betting.
This development is so strong we can see that people will play it. Even all classes of society can easily access this gambling game.

Almost every app or sites especially the illegal one, you could always see pop-up advertisement about online gambling, by those simple ad there's no wonder online gambling are starting to increase espcially nowadays. Plus the convenience it gives and fun wherever you are as long as you are connected with the internet you could be big time winner or loser.

Quote

''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''

If every online gambling would mandatory have age limit like 18+ where they would be needing ID plus the face check if it's legit maybe it would decrease the numbers of minors gambling. There's a lot of negative effects of gambling to kids not only to money but to their behavior and mindset as well, cause most kids have the feeling of competitive and would eventually want to recover their losses and led to addiction.

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Quote from: Negotiation on September 09, 2023, 07:01:00 AM

Quote from: coinerer on August 19, 2023, 09:07:48 AM

A big advantage of this is that gambling can be played through mobile phones and gambling sites for mobile phones are designed in a way that is very attractive. Anyone can easily gamble secretly through mobile phones. So it is natural that it will very difficult to understand who gambles and who does not. But it doesn't matter who gambles and who doesn't. It is a matter of seeing who succeeds and who loses everything from gambling. When one is happen of these two, it is easily revealed whether the person gambles or not

It is true that identifying people gambling through mobile is quite a difficult task. Because it is not possible to easily understand who is gambling or who is using normal games or facebook due to this gambling through apps or gambling websites. But being successful is really a matter of luck as in normal business people earn as a percentage of the money invested this is not the case in gambling. For the same amount of money many people win in the same game. Earning money is not a job here and many earn money by playing games on mobile phones only for fun and relaxation.

And that is why it is not possible to accurately calculate how many people are involved in gambling. It can only be calculated by tracking the traffic of the gambling sites of the gambling sites but whether we know the exact data or not it must be admitted that the gambling industry is now really much bigger than we can imagine. New gambling sites are constantly coming in the market and they are doing business with huge amount of gambling. So we have to admit that the gambling industry is huge and there are huge amount of gamblers available in the world

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Quote from: legendbtc on September 09, 2023, 08:04:00 AM

With the development of the Internet and smartphones, the online gambling market in the world is growing stronger. This boom is due to the growing trend of digitalization and the loosening of regulations related to online gambling. Many countries have accepted the legalization of sports betting.
This development is so strong we can see that people will play it. Even all classes of society can easily access this gambling game.''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''

Yes, as long as there is internet, almost everyone in my country accesses anything online, such as online gambling using their cell phone, this encourages many online casinos to appear advertisements everywhere, even on social media, we find them and there is no prohibition on that, almost everyone accesses gambling. It's everywhere through social media, I think with the economy being a bit chaotic online casinos come in and give a lot of hope to people out there.

So far, what I have seen in the area where I live is that it really influences a lot of young people, this casino business industry is really tempting so that more and more new casinos are popping up every day offering bonuses to new users who join to gamble, I think the industry This casino is very big and influential, now almost all advertising platforms are full of gambling ads and we can't report and stop it, especially in my country, where it was previously illegal, now the government wants to legalize it and tax it. Wink

legendbtc

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With the development of the Internet and smartphones, the online gambling market in the world is growing stronger. This boom is due to the growing trend of digitalization and the loosening of regulations related to online gambling. Many countries have accepted the legalization of sports betting.
This development is so strong we can see that people will play it. Even all classes of society can easily access this gambling game.''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''

Negotiation

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Quote from: coinerer on August 19, 2023, 09:07:48 AM

A big advantage of this is that gambling can be played through mobile phones and gambling sites for mobile phones are designed in a way that is very attractive. Anyone can easily gamble secretly through mobile phones. So it is natural that it will very difficult to understand who gambles and who does not. But it doesn't matter who gambles and who doesn't. It is a matter of seeing who succeeds and who loses everything from gambling. When one is happen of these two, it is easily revealed whether the person gambles or not

It is true that identifying people gambling through mobile is quite a difficult task. Because it is not possible to easily understand who is gambling or who is using normal games or facebook due to this gambling through apps or gambling websites. But being successful is really a matter of luck as in normal business people earn as a percentage of the money invested this is not the case in gambling. For the same amount of money many people win in the same game. Earning money is not a job here and many earn money by playing games on mobile phones only for fun and relaxation.

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Quote from: Pamadar on September 07, 2023, 12:23:50 PM

Yes, it's better to have that reference to avoid any possible problem when you are inside the place where gambling is not supported.

It's also for your protection, since that kind of place does exist. They don't want anything related to gambling
and even you are an influencer you are not exempted from that law.

Though the gambling industry is not a small anymore and with the help of the internet, it will continue to grow.

So, they should try gambling online so they don't get any problems from the government. But even so, it does not guarantee that we can avoid problems that might occur, especially if the government checks subscriptions using certain internet providers to see how many users there are and what they access every day on the internet. That will result in everyone's accounts being investigated by their government and they will probably issue warnings to those people.

So, with the development of the gambling industry, people can choose offline or online casinos to gamble. They also don't need to visit offline casinos if the gambling regulations at each offline casino are so strict that they make them move to online casinos.

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Quote from: Rengga Jati on September 08, 2023, 03:58:14 PM

Quote from: slapper on September 07, 2023, 01:32:49 PM

The recent rise in streamers and influencers pushing this story has definitely sped up the growth of the business. It's true that governments get tax money, but the moral side isn't taken into account, right?

Truly, the rise of influencers in the digital world, not only on Youtube but also on various social media, is currently making this business grow very rapidly. Not only that, because nowadays, the era of technology is increasingly developing and becoming more accessible, gambling promotions can also be obtained from various other media. In fact, they are always in advertisements for various games and also online books or novels. This is crazy, they really do a big promotion to attract new users. In fact, it's not just one or two, but more and more online gambling sites that are different and easy to access.

Gambling owners are willing to use every platform and spend more money just to advertise their business. With the help of each platform that allowing those ads, it can easily reach more people around the globe.

We know by the fact that the money that every casino can spend will easily be recover once more gamblers start
to play and use their services, it's just a small slice of the possible benefits once they successfully earned the
interest and trust of each gambler.

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Quote from: slapper on September 07, 2023, 01:32:49 PM

The recent rise in streamers and influencers pushing this story has definitely sped up the growth of the business. It's true that governments get tax money, but the moral side isn't taken into account, right?

Truly, the rise of influencers in the digital world, not only on Youtube but also on various social media, is currently making this business grow very rapidly. Not only that, because nowadays, the era of technology is increasingly developing and becoming more accessible, gambling promotions can also be obtained from various other media. In fact, they are always in advertisements for various games and also online books or novels. This is crazy, they really do a big promotion to attract new users. In fact, it's not just one or two, but more and more online gambling sites that are different and easy to access.

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Quote from: kamvreto on September 08, 2023, 02:43:53 PM

A sophisticated generation like today with increasingly easy internet access and devices that support gambling games will provide wide avenues for many gambling games and be well camouflaged. Of course it's not difficult to access all of them, but some of the games available are not detected as gambling, instead they are just ordinary games. But the real gamble is in the game. Is this about the power of money used by gambling sites, or is it true that some members of the government cannot differentiate between what is gambling and what is not.

The internet is not the benefit enjoyed by the upper class of the society,now all the class of people using internet.The poor school student had suicide for loss his money which is his school fee.It was strongly due to the gambling addiction,the using of money on the gambling must be free money.The game is based on both money or some free games,but gambling is based on the money deposits and withdraw after the winnings.Many big online gambling was running with millions of dollars in it.All may heard about the hack of Stake which is 40 million and doesn’t affect the stake and this prove the full money worth of Stake.

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MAaaN...!! CUT THAT STUPID SHIT

Quote from: Pamadar on September 07, 2023, 03:55:59 PM

Quote from: Josefjix on September 07, 2023, 02:52:39 PM

Quote from: kamvreto on September 07, 2023, 02:31:21 PM

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The world is advancing, the same thing applies to gambling, with just our smart phones, we ought to know the specific time appropriate for our gambling activities. At the same time, we ought to be extremely careful when dealing with system because it's table risky level. Gambling is broad and there are numerous sectors we have to take crucial notes about. Gambling have been into existence since day one, and we can't resist it, rather we should look forward to adjusting our time and also having some spare time where we would make statistical analysis on data.

Indeed, it's really advancing and keep on adopting whatever the technology is bringing, gambling industry is a huge business that we really can easily access by means of the internet.

Though some still love the old fashion ways but more and more are adopting what the new generations
are offering, with the internet all you need is your devices that can operate and you are good to go.
Not hard and in some ban locations, they still trying to use alternatives just to play and risking their
money together with their freedom, in case they've been caught playing.

A sophisticated generation like today with increasingly easy internet access and devices that support gambling games will provide wide avenues for many gambling games and be well camouflaged. Of course it's not difficult to access all of them, but some of the games available are not detected as gambling, instead they are just ordinary games. But the real gamble is in the game. Is this about the power of money used by gambling sites, or is it true that some members of the government cannot differentiate between what is gambling and what is not.

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Quote from: knowngunman on September 08, 2023, 03:36:28 AM

Quote from: Yaunfitda on September 07, 2023, 05:16:30 AM

I think it's the latter, I have seen a lot of influencers who promote casinos even in legal countries and still they are allowed to do that. Obviously, for countries that ban gambling, it's totally different.

But like where the country that I lived in, there are major casinos around, and then you can access online gambling anytime you want. So there will be a lot of influencers that are going to be paid to promote that gambling sites and the government will not do anything about it as because the tax generated by this online casinos are huge for them.

But is there anything wrong with influencers promoting gambling site? What do you expect government to do about it? This gambling sites are fully licensed and registered by government and they can use every possible means to advertise their site as long as it's not against the ethics of advertisement. Like my country here, famous and legend national players are use to advertise some local betting site and the advert is mind blowing and top notch that's capable of attracting customers.

It's either the government step up and crack it down, or as I have said, if gambling is perfectly legal in that country then they will just have to go and look on the other side and not chase anything.

Quote from: knowngunman on September 08, 2023, 03:36:28 AM

The major issue here is that corruption has becloud our government that led to embezzlement of every penny in the government coffer, else the tax received from this gambling platforms can be use to develop some aspects of our communities such as good roads and drinkable water. So unless gambling is totally illegal, it's legal to use influencers to promote their site.

I think corruption will only occur if the government is against gambling, or at least have some sort of illegal gambling in the under and government officials are protecting it because as we all know, there are a lot of money involved in gambling. And so this corrupt cops and government officials might do it.

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Quote from: Rabata on September 07, 2023, 11:38:48 AM

Quote from: xSkylarx on September 02, 2023, 09:00:10 PM

Quote from: coinerer on August 26, 2023, 08:08:10 AM

Quote from: South Park on August 25, 2023, 03:31:53 PM

Quote from: coinerer on August 19, 2023, 09:07:48 AM

Gambling is very popular, but earlier there were only physical casinos for gambling then gambling was not very popular. But ever since a huge industry of online gambling has developed, everyone's interest in it has increased, because now there is no need to go to a specific place to gamble. And gambling with crypto is much easier. Because there is no hassle of banking or limits to deposit and withdraw money, it is becoming more and more popular day by day. and it’s industry is very big.

Many people were also worried with the stigma that gambling carried at the time, so if a person that you knew saw you entering a casino then suddenly the whole town will know about it and they could begin to discriminate against you, however online gambling protects you against the prying eyes of those people, as now you can gamble from your home and unless you go out of your way to tell people that you gamble then no one is ever going to be able to find out that you do.

One of the big advantages of online casinos is that gambling can always be hidden. It is very important to keep gambling hidden because if it comes out in public it can cause self-esteem problems. When a person gambles online on a mobile phone at home or anywhere. In that case it is always possible to keep it hidden because no one else ever looks at one's personal mobile phone without permission. So if one's intention is to gamble with privacy and just for fun then online casino can be a solution for him.

That is really a big advantage, but what I've noticed right now is that people can easily gamble, meaning that when they are bored, they tend to gamble, and what I've noticed about some of my relatives is that they are betting big, which I cant think of before. They were gamblers before, but right now I've noticed that they are really betting big, which makes me wonder sometimes if they won or lost, but again, gambling is fun; you win some and you lose some.

Such situations are not uncommon. Nowadays, online gambling platforms have given so much convenience that it is not possible to easily identify a person whether he is gambling or not. Even if those with prior gambling experience give up gambling, they may take up gambling again at some point. They know that he may not win from gambling but he will enjoy the moment of betting. And for this reason many people may be involved in gambling but it is not known if they do not disclose it themselves. Because they don't want to expose the issue of gambling. They consider their personal honor to be harmful.

A big advantage of this is that gambling can be played through mobile phones and gambling sites for mobile phones are designed in a way that is very attractive. Anyone can easily gamble secretly through mobile phones. So it is natural that it will very difficult to understand who gambles and who does not. But it doesn't matter who gambles and who doesn't. It is a matter of seeing who succeeds and who loses everything from gambling. When one is happen of these two, it is easily revealed whether the person gambles or not

knowngunman

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Quote from: Yaunfitda on September 07, 2023, 05:16:30 AM

I think it's the latter, I have seen a lot of influencers who promote casinos even in legal countries and still they are allowed to do that. Obviously, for countries that ban gambling, it's totally different.

But like where the country that I lived in, there are major casinos around, and then you can access online gambling anytime you want. So there will be a lot of influencers that are going to be paid to promote that gambling sites and the government will not do anything about it as because the tax generated by this online casinos are huge for them.

But is there anything wrong with influencers promoting gambling site? What do you expect government to do about it? This gambling sites are fully licensed and registered by government and they can use every possible means to advertise their site as long as it's not against the ethics of advertisement. Like my country here, famous and legend national players are use to advertise some local betting site and the advert is mind blowing and top notch that's capable of attracting customers.

The major issue here is that corruption has becloud our government that led to embezzlement of every penny in the government coffer, else the tax received from this gambling platforms can be use to develop some aspects of our communities such as good roads and drinkable water. So unless gambling is totally illegal, it's legal to use influencers to promote their site.

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Quote from: Yaunfitda on September 07, 2023, 05:16:30 AM

Quote from: Hispo on September 03, 2023, 12:56:02 PM

Quote from: Mr. Magkaisa on September 02, 2023, 07:35:22 AM

...
The worst aspect is when exploitative casino owners employ influencers to advertise their gambling applications. It's practically impossible to stop; even rival casinos are capable of producing illicit activity; they make it seem legitimate, but it's not.

Do you mean that using influencers or people with a high internet presence is illegal on your country? Because that would be rather a weird legislation to have, keeping in mind how big social media and casino advertisement is nowadays.

Unless you are talking about other illicit activities which somehow have something to do with casinos in your country; if a country and its authorities are corrupt enough, I would not surprised if they used casinos to launder money for pin-kings in exchange for a good percentage of the money. It is something I could totally see happening here in my homeland, even though brick n mortar establishments are kind of trapped in a grey legal zone since the arrival of the socialist party to power.

I think it's the latter, I have seen a lot of influencers who promote casinos even in legal countries and still they are allowed to do that. Obviously, for countries that ban gambling, it's totally different.

But like where the country that I lived in, there are major casinos around, and then you can access online gambling anytime you want. So there will be a lot of influencers that are going to be paid to promote that gambling sites and the government will not do anything about it as because the tax generated by this online casinos are huge for them.

At the bare minimum any government should care there is fair play and also enough disclosure on some influencers and advertisers being hired by casinos, so they won't opt for tactics which anyone of us would find to be immoral or deceitful. On the tax front, it is understandable authorities are okey with the proliferation of game houses and online casinos, if they are paying their fair share to them, now it is completely different if we believe that money which is supposed to be used to improve society and the country as a whole is being stolen or misused.

I personally do not have problems with the existence of casinos as long as they are fair and authorities manage tax money accordingly.

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Quote from: Blowon on September 07, 2023, 04:40:43 PM

Quote from: Reid on May 03, 2023, 06:44:23 AM

According to the articles shared, sports betting will have the highest market gain in the next few years.
What do you think?

it will depend on the trend of the sport itself because we have many types of sports. one of the most famous is football. This trend makes many people bet on their favorite team. well, this will continue to be profitable on a stable basis as long as soccer doesn't have problems. if it has a problem it will definitely affect its gambling industry as well. I'm sure as long as there are fans of sports betting it will always be profitable for those who win it.

The widespread and adoption of the online gambling is not only dependent on the trend of football only. We know that football which is among or arguably the largest sport in the world has a way to influence the number of gambling companies and it was spread apart from the trend of football. We also understand that internet does a very good job at online gambling. The more internet penetrate to some parts of the world which has limited internet the more the people can be able to bet from the comfort of their home. We have seen that mobile phones has taken another dimension. Whereby every human being wants to own it. Once this electronics are expanding, so also online gambling company is expanding.

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Quote from: Blowon on September 07, 2023, 04:40:43 PM

Quote from: Reid on May 03, 2023, 06:44:23 AM

According to the articles shared, sports betting will have the highest market gain in the next few years.
What do you think?

it will depend on the trend of the sport itself because we have many types of sports. one of the most famous is football.

I think it was more of a holistic view to the studies without any specification on what sport but sports in general with respect to the gambling industry.

Well, it’s already so big as it is and could get even bigger should the government not overly step into the scene. The many gambling site in the space tells you more on what the market is producing and every CEO is out to take their pick. Even with the loses, you’re sure to have more gamblers turning up to gamble as, it creates both opportunity to make money and fun in a regulated way.

It will continue to transcend what myths and negative attributes to it still until it’s capped. Have you ever thought what meta would bring to the space… let me hold it there.

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Quote from: Reid on May 03, 2023, 06:44:23 AM

According to the articles shared, sports betting will have the highest market gain in the next few years.
What do you think?

it will depend on the trend of the sport itself because we have many types of sports. one of the most famous is football. This trend makes many people bet on their favorite team. well, this will continue to be profitable on a stable basis as long as soccer doesn't have problems. if it has a problem it will definitely affect its gambling industry as well. I'm sure as long as there are fans of sports betting it will always be profitable for those who win it.

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Quote from: len01 on September 07, 2023, 03:32:23 PM

I can understand what your saying, but as I said before, we only need to carefully choose a casino site that is not a scam, in various ways that have been explained by several people here, such as looking at the license, etc. which can make us believe that the site is indeed not a scam gambling site. even though it does not provide any security guarantees and sometimes even believing gambling can also be a scam gambling but at least the chances are very small. so what I said before is not like limiting new gambling which is not a scam and cannot develop because of a lack of customers but it just takes a little time to be more careful before registering on any gambling site and most importantly if it is your first time registering at a new casino it is better to always use the number small to avoid bad things happening.

and for competition thr gambling business industry there will always be and it will indeed be a little more suitable for new casinos which must be able to compete in a clean manner with large established casinos.

The most important one in the online gambling industry is finding the legit one,it surely take some time to get the correct one.Some of the new gamblers are not ready to check the data of the website.The most important is checking their license number before starting use of their website and checking the owners history also the good option.Because you get clear by the two ways,So the money you are depositing to the website will be safer one.Some gamblers will use the money worth of 50-100 dollars for the test.But the gamblers should change this way of thinking and save that 50-100 dollars for the future.

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Quote from: Josefjix on September 07, 2023, 02:52:39 PM

Quote from: kamvreto on September 07, 2023, 02:31:21 PM

We can't resist it, we can only do what we want. Although gambling is banned in some countries, but see many who play gambling games very easily through their smartphones. The law does prohibit it, but it's just a piece of writing that doesn't mean it will deny them to play. The gambling industry is one of the biggest industries today and the technology is constantly evolving. There is a lot of easy access that can be reached, with applications that are camouflaged as games in general, but the game inside is gambling.

The world is advancing, the same thing applies to gambling, with just our smart phones, we ought to know the specific time appropriate for our gambling activities. At the same time, we ought to be extremely careful when dealing with system because it's table risky level. Gambling is broad and there are numerous sectors we have to take crucial notes about. Gambling have been into existence since day one, and we can't resist it, rather we should look forward to adjusting our time and also having some spare time where we would make statistical analysis on data.

Indeed, it's really advancing and keep on adopting whatever the technology is bringing, gambling industry is a huge business that we really can easily access by means of the internet.

Though some still love the old fashion ways but more and more are adopting what the new generations
are offering, with the internet all you need is your devices that can operate and you are good to go.
Not hard and in some ban locations, they still trying to use alternatives just to play and risking their
money together with their freedom, in case they've been caught playing.

len01

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Quote from: knowngunman on September 07, 2023, 05:33:37 AM

Quote from: len01 on September 03, 2023, 09:29:41 AM

In this case, we learn another lesson that as the gambling business develops, there are always scam gambling sites that will take advantage of this situation to make a profit and it is better to always gamble on our favorite sites that we have used for betting for a long time and do not be tempted by any bonuses if this site is indicated scam.

You do have a point here but this idea if uphold will restrict the new genuine gambling site from developing and actualise their dreams. I understand your point correctly but I think we just have to be careful when we want to try a new site for the first time. Competition is actually good in any business including gambling. If the old gambling sites have no any site competing with them, the chances of customers maltreatment will be high. Besides, with the help of this forum through scam accusation board and some other social media platforms, a gambling site that engage it platform to scam customers will not go far as allegations will be laid on them and if they failed to defend themselves, they've practically chase away the existing customers and the new intending customers.

Gambling is gradually taking over the globe with their untiring adverts and endorsement which is the reason to increment in the gambling platform to the extent some can not even pay out the wining at a time unless on installment.

I can understand what your saying, but as I said before, we only need to carefully choose a casino site that is not a scam, in various ways that have been explained by several people here, such as looking at the license, etc. which can make us believe that the site is indeed not a scam gambling site. even though it does not provide any security guarantees and sometimes even believing gambling can also be a scam gambling but at least the chances are very small. so what I said before is not like limiting new gambling which is not a scam and cannot develop because of a lack of customers but it just takes a little time to be more careful before registering on any gambling site and most importantly if it is your first time registering at a new casino it is better to always use the number small to avoid bad things happening.

and for competition thr gambling business industry there will always be and it will indeed be a little more suitable for new casinos which must be able to compete in a clean manner with large established casinos.

Topic: How Big is the online gambling industry today? - page 3. (Read 3306 times)