Topic: How Big is the online gambling industry today? - page 4. (Read 2967 times)

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.

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 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?

But I have to make it clear that letting people, especially minors, use these sites without any limits is like setting off a time bomb. We shouldn't let technology get in the way of our moral duties. There has to be a line somewhere! Do we really care more about getting tax money than the mental health and well-being of our young people?

Some people may love internet casinos, but many people hate them. Please, for the love of all that is holy, set limits and stick to them if you want to start gambling online. Each and every time.

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.

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.

Based on the latest data released by Statista^[1], online gambling users in 2023 will reach 176 million people. including Online Casino, Online Sport Betting and Online Lottery. This data is global data, not just in the US. In the next two years, it is estimated that it will reach 200 million people. But, in my opinion, with the increasing number of online casino users currently, it doesn't seem will take two years to add another 30 million people. There is a possibility next year or less than 2 years to reach it.

If you wants to know how big revenue of Online Casino, you can go to this data. ⬇⬇

_{[1] https://www.statista.com/outlook/dmo/eservices/online-gambling/worldwide#users}

Yes, that's right, especially since Influencers and streamers are increasingly busy promoting gambling and of course that's what makes online casinos grow all the time, sometimes not all countries legalize offline gambling or gambling in physical casinos so online casinos are much more advanced than that and it is very possible to get more new users Those who want to gamble, both men and women, are all equal in online casinos.

The convenience of today's technology plays an important role so that online casinos can be accessed anywhere by anyone and everyone can even gamble without having to look at age, many underage children gamble at online casinos. works so there will be no ban as long as all casinos pay huge taxes to the government.

Maybe it happened in some areas because the local government did not want to see an increase in the number of people who would get into trouble with gambling so they would seek and sue them for breaking the law. But when it comes to the internet, where everything can be accessed easily even if they come from a country where gambling is prohibited, they can easily find gambling advertisements and immediately visit the casino. So it's normal if the area prohibits gambling or anything related to gambling and will be subject to sanctions by local regulators if they still don't want to comply with the regulations.

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 am aware that in some regions, gambling are illegal and anyone that tend to promote gambling can be prosecuted for breaching the law. It is very important for us that are gamblers and can not do without gambling to always check the regions we intend to do our vacations so that we can know if the place support gambling activities or not for our own safety and adventure. I have been to a region before where gambling is prohibited and even influencers are ban from promoting any gambling activities backed by the local laws.

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.

I don't know that there are places in our country where gambling is allowed and is not considered an illegal activity, because if there were, of course corrupt officials who gamble would not spend their money in foreign casinos, or they would not do it in secret and so on.
Many online casinos are prohibited in countries that are quite religious, but unfortunately this prohibition only narrows the space for their citizens to gamble, but for those who understand how to get around the loopholes, they will still be able to gamble with VPNs and so on, that's why the development of online casinos is so massive, especially people can play secretly and by only using a smartphone that has access to the internet.
Providing knowledge about the impact of gambling if it is not done responsibly would be better, such as telling that gambling is not a way to earn money and become rich.

In my country various kinds of illegal gambling practices are prohibited, even promotion in any form, including hiring influencers, can be prosecuted according to law and subject to criminal penalties. However, in some places the government allows the practice of gambling and it is legal, but only specifically in that location, with the caveat that that location cannot promote their gambling place.
I think that government regulations like this are quite wise, because we cannot also allow online gambling platforms to massively promote their platforms, because that could have a bad impact on society. The number of gambling addictions could increase, followed by crime and various other negative things.

Don't say "people" are getting rich overnight from online gambling because that gives the impression that a lot of people are successfully doing that which is not true. Only a few people out of millions can be able to get significantly high amounts of money from gambling, and only if they are extremely lucky and it barely happens these days. So people shouldn't really get influenced by such things and hope that they can also get rich overnight if they gamble.

I see a lot of people gambling in front of me in the hope of getting a lot of money but what actually happens is that they keep losing more and more and to recover what they have lost, they spend more money on gambling but it is even not possible to recover what you have lost in gambling, getting rich is a totally different thing.

Exactly, but they have dedicated themselves to a meaningless witch hunt, because those who do not have access from their country, well, the most obvious thing is to use a VPN to access, because I am one of those who think that everyone in the world has the same rights, and those who are in prohibited countries well, in this order, it is that the IT tools have the VPN, the only thing is that some casinos do not allow the use of the VPN, but here things change because we have a casio in evidence, if a person registers and makes a deposit using a VPN, the player plays and if he loses all his money in the casino, well, nothing happens, the casino when it discovers that a deposit was made and it was made from a They are prohibited and with a VPN because they do not make a refund of those funds, just because they do not have the right to play like this, they take that money as a profit, but what if the player comes to play and they discover what is and is coming from a site where you use the VPN? They still take away the funds, so this is something that is not fair, and it is not something worthy, because in some casinos I have seen that they suspend the account, and what happens with the deinro,? It's theirs, so those things are like going too far and seeing the stupid faces of others.

In this aspect we have done many things, but I have seen these cases in casinos, especially in the part of fraud allegations, reputation among many others, and that is why I say something, the current casino industry must accept everything that is Related to VPNs for people who are from prohibited countries, because it is something that has to be Allowed , it is not right that people were robbed of being in a casino, much less that they have to arrive at sunset to use a VPN And the casinos cannot allow it, only to comply with the whims of governments and third parties who have always been aware of things so that they have extreme control.

Certainly, you have a point. It was only when the time of pandemic that online gambling have inevitably surged high more than the rate from gambling in live casinos. Most likely because people are stuck at home and have no other means to entertain themselves than to surf online and there a lot of online gambling apps have emerged so high. And even when the pandemic was over, still online gambling continue to entertain a lot of people that they even prefer to stay at home gambling online than to find physical casinos to gamble.

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.

Relying only on "favourite" gambling sites isn't 100% guarantee. Cybercriminals can break into even the most secure platforms. This means that even the most "trusted" sites may not always be safe.

Because deals on crypto gambling sites are done under fake names, you should be extra careful (phising). What you need is a multi-layered strategy for due diligence: license verification, unbiased reviews, software providers, and asking people. Also, think about how long the site has been around. A good name can be a good sign. As you said, bonuses are honey traps that should be carefully looked at.

True, people will not think that the charity event is a disguised gamble packaged very well by the organizers. People will be happy to participate in charity events like that, especially rich people, because they think participating in such events can give them a way to donate their money.

It would not be directly related to gambling. And even the people participating would not think that it was gambling. Well, the organizers were very clever in packaging the event so that it didn't look like a gamble but like a charity event that got people's attention.

in the development of the gambling business and the number is increasing, of course there will be several scam gambling sites to take advantage of this development opportunity and we must be responsible for being able to distinguish between legitimate sites and scam gambling sites, not only local gambling sites but also many crypto gambling sites. scam sites so we must always be careful and do research before making a deposit to the gambling site.

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.