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Topic: How Big is the online gambling industry today? - page 9. (Read 3306 times)

hero member
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Nowadays most of the gambling platforms are advertised in the world of internet so that people can easily access those gambling companies. People are developing because of these gambling advertisements and they are joining in the hope of profiting from here. And this gambling industry is one of the most expensive competition in the world today and the constant gambling platforms have gained their popularity. We will see in the future that the gambling industry will grow more than double than it is now and everyone will be involved in this gambling platform.
And the casinos that followed advertising in many places already feel the results because many people visit their casinos to play gambling. The casinos can also increase their income from losing gamblers so that the casinos can become even bigger. Yes, the gambling industry will grow even more than now, especially if casinos always make updates and make other promotions that are even more interesting. It will invite more people to visit and in the end, the casino will get more profits.
sr. member
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Nowadays most of the gambling platforms are advertised in the world of internet so that people can easily access those gambling companies. People are developing because of these gambling advertisements and they are joining in the hope of profiting from here. And this gambling industry is one of the most expensive competition in the world today and the constant gambling platforms have gained their popularity. We will see in the future that the gambling industry will grow more than double than it is now and everyone will be involved in this gambling platform.
hero member
Activity: 1344
Merit: 565
Leading Crypto Sports Betting & Casino Platform
Online gambling was already well developed before the pandemic, this was not only due to the fact that restrictions were introduced, it’s just that online gambling is easier and accessible to everyone. You do not need to go somewhere, you just go to the site at home, or even go to the casino from your smartphone in any convenient place and play as much as you want. This is just another stage of development, no more, no less.
all of that is true because the way to access online gambling is very easy and we can access it anytime, anywhere without any difficulties. on the one hand all of this is due to increasingly sophisticated technological developments that support the online gambling industry to develop more rapidly at this time. because there are so many gambling sites that we can access without having trouble using a VPN because online gambling sites are currently very cellphone-friendly so you can bet at any time.
another factor that affects the speed of development of the online gambling industry is because currently there are so many gambling advertisements wherever you are, I mean when we open social media there are always advertisements or streamers doing gambling advertisements which make everyone curious to try because of these advertisements or streamers. just showing big wins.
there are many factors that influence the development of online gambling, but for me this is the main factor.
Technology makes internet gambling ubiquitous. Isnt it fantastic how our tiny mobile phones have become miniature casinos? Its odd.

This accessibility has pros and cons. It boosts online gaming but increases gambling addiction. People considering addiction required to visit a casino or betting shop in person. Obstacles have changed since everyone has a casino in their pocket.

The wave of gambling adverts you cited appears to be lying. These advertising and streams usually highlight wins and ignore losses. Like advertising a diet drug without disclosing its adverse effects. Its crucial to balance the pros and cons for potential users.

sr. member
Activity: 952
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        -     Because in today's difficult life, how to survive, there are many people who really want to make a quick profit so that they won't have a hard time getting it, and the most common solution for them is to play gambling, because they think that when they get the jackpot prize, they will be instant millionaires, that is if they are lucky.

And others bet on the lottery that they also rely on luck, and for others it's Bingo cards, these are just some of the reasons that the majority of people go to because for them it's easy money but the truth is it's not really.
hero member
Activity: 2940
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Winding down.
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.
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.

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

That was when physical casinos are still a thing. Covid-19 pandemic was the perfect opportunity for these casinos to go online and launch their own respective platforms because at that time people doesn't have much option as they are just locked inside their own houses plus the gamblers who are used to gamble for almost weekly basis will have to resort to other things and we know that casinos cannot afford to lose their businesses in the middle of pandemic or worse lose all their clients at once.
legendary
Activity: 2982
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Probably the strongest point of humans is our ability to adapt to the environment, and while the pandemic changed the way we did things this did not stop us from actually doing what we wanted, we simply had to find other ways to fulfill our needs, and for those that wanted to gamble but were unable to do so due to the restrictions caused by the pandemic, they found on online gambling the solution to their problems, so it is not surprising that online gambling grew so much in such a short period of time.

Online gambling was already well developed before the pandemic, this was not only due to the fact that restrictions were introduced, it’s just that online gambling is easier and accessible to everyone. You do not need to go somewhere, you just go to the site at home, or even go to the casino from your smartphone in any convenient place and play as much as you want. This is just another stage of development, no more, no less.

It's already exist and established just so happen that during the pandemic the usages of this online services were fully maximized,

and with people acknowledging the comfort and that quick access, they are now adopting and really
utilize the services. Gambling industry achieved more in terms of online access, and for sure with
the kind of setup it will earn more traffics and visits from every gambler who wanted to lessen the
hassle of visiting any offshore casinos.
hero member
Activity: 1330
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Leading Crypto Sports Betting & Casino Platform
Online gambling was already well developed before the pandemic, this was not only due to the fact that restrictions were introduced, it’s just that online gambling is easier and accessible to everyone. You do not need to go somewhere, you just go to the site at home, or even go to the casino from your smartphone in any convenient place and play as much as you want. This is just another stage of development, no more, no less.
all of that is true because the way to access online gambling is very easy and we can access it anytime, anywhere without any difficulties. on the one hand all of this is due to increasingly sophisticated technological developments that support the online gambling industry to develop more rapidly at this time. because there are so many gambling sites that we can access without having trouble using a VPN because online gambling sites are currently very cellphone-friendly so you can bet at any time.
another factor that affects the speed of development of the online gambling industry is because currently there are so many gambling advertisements wherever you are, I mean when we open social media there are always advertisements or streamers doing gambling advertisements which make everyone curious to try because of these advertisements or streamers. just showing big wins.
there are many factors that influence the development of online gambling, but for me this is the main factor.
legendary
Activity: 1904
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Probably the strongest point of humans is our ability to adapt to the environment, and while the pandemic changed the way we did things this did not stop us from actually doing what we wanted, we simply had to find other ways to fulfill our needs, and for those that wanted to gamble but were unable to do so due to the restrictions caused by the pandemic, they found on online gambling the solution to their problems, so it is not surprising that online gambling grew so much in such a short period of time.

Online gambling was already well developed before the pandemic, this was not only due to the fact that restrictions were introduced, it’s just that online gambling is easier and accessible to everyone. You do not need to go somewhere, you just go to the site at home, or even go to the casino from your smartphone in any convenient place and play as much as you want. This is just another stage of development, no more, no less.
legendary
Activity: 2058
Merit: 1015
It's not surprising that online gambling keeps on growing and rapidly expanding as we go into the digital era and given how easily accessible gambling sites are nowadays. Also considered the influence of cryptocurrency. Even different social media influencers in our country also promote gambling sites. I wouldn't be shocked if it became one of the major probles both locally and worldwide in 10 years or so.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Well, the gambling industry has indeed grown, and technologically has also evolved..
The possibility to gamble online has indeed taken the entire gambling industry to a new height, that today, anyone can comfortably visit any casino, big or small, open an account, make a deposit and start gambling, all by the help of the internet, and a smart phone, or a personal computer, together with internet connection..

So yeah, if there be one good thing the covid 19 pandemic has done for humanity and online casinos in particular, is the fact that it has help many discover that gambling online is also very enjoyable as gambling offline.
Probably the strongest point of humans is our ability to adapt to the environment, and while the pandemic changed the way we did things this did not stop us from actually doing what we wanted, we simply had to find other ways to fulfill our needs, and for those that wanted to gamble but were unable to do so due to the restrictions caused by the pandemic, they found on online gambling the solution to their problems, so it is not surprising that online gambling grew so much in such a short period of time.
Yeah, many, including my very self only started gambling online during the pandemic, i have always known about online gambling, infact, ive signed up on several online casinos, but my interaction with those online casinos always end after i sign up and possibly verify my email address, i never saw any reason to gamble online until the pandemic caused the worldwide lockdown, this is when i decided one day to try one depositing  a small amount of money to one of the online casinos, i did and played slot, though at the end of the session, i did not win anything significant but i enjoyed the game, the feeling, that motivated me to try again the next day and till today, ive never visited a physical casino again.
I believe that if we start asking online gamblers one after the other, how they got into gambling online, their story will look exactly like mine.
hero member
Activity: 2884
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Well, the gambling industry has indeed grown, and technologically has also evolved..
The possibility to gamble online has indeed taken the entire gambling industry to a new height, that today, anyone can comfortably visit any casino, big or small, open an account, make a deposit and start gambling, all by the help of the internet, and a smart phone, or a personal computer, together with internet connection..

So yeah, if there be one good thing the covid 19 pandemic has done for humanity and online casinos in particular, is the fact that it has help many discover that gambling online is also very enjoyable as gambling offline.
Probably the strongest point of humans is our ability to adapt to the environment, and while the pandemic changed the way we did things this did not stop us from actually doing what we wanted, we simply had to find other ways to fulfill our needs, and for those that wanted to gamble but were unable to do so due to the restrictions caused by the pandemic, they found on online gambling the solution to their problems, so it is not surprising that online gambling grew so much in such a short period of time.
hero member
Activity: 2856
Merit: 667
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.
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 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.
The gambling providers have an opposite opinion about that. The addicted gamblers will always give em money. Any party has different perspective.

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.


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.

Having to live in a modern world gives another opportunity to this casino owners to take advantage of the technology because aside from having a physical casino, which already gave them a decent figures annually, they are also investing in making an online platform as it's not new anymore that more and more people will choose the online set-up as it is more private and comfortable especially if you're just seeking to spend some time to ease up from a long day's work.

Another thing, as long as there are people who are inclined to gamble and some are doing it for a living, gambling industry will continue to grow as it is also hard to think that this kind of business/industry will cease one day in the future.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
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.
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.

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
Well, the gambling industry has indeed grown, and technologically has also evolved..
The possibility to gamble online has indeed taken the entire gambling industry to a new height, that today, anyone can comfortably visit any casino, big or small, open an account, make a deposit and start gambling, all by the help of the internet, and a smart phone, or a personal computer, together with internet connection..

So yeah, if there be one good thing the covid 19 pandemic has done for humanity and online casinos in particular, is the fact that it has help many discover that gambling online is also very enjoyable as gambling offline.
sr. member
Activity: 2590
Merit: 452
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COVID has indeed made the gambling industry experience a significant increase, because not only do people need entertainment in their homes, but they need income and most of these new gamblers think that gambling is one of the fastest and easiest sources of income. Because by only going through their device, they can access various games on the online casino platform and if they are lucky they can get the jackpot which can help them financially during this difficult COVID period. But the fact is that most of them lose and eventually leave online gambling.
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.
I don't think that's right, because the online gambling industry has grown very rapidly, and the number of people gambling online before the pandemic vs now is significantly high and the numbers are increasing day by day. There are a lot of online gambling platforms, and almost each one of them earn great revenue, the reason for that is that the number of gamblers is increasing day by day, so every single casino is getting enough players.

Even the newly launched platform can get a lot of users initially being new to the market because of the excess of gamblers all around the globe who are always looking for new places and bonuses and stuff so that they can join and start gambling after claiming the bonuses and stuff.
What makes online gambling continue to grow is because it has made it easier for people to access gambling games from anywhere with an internet connection. And this led to an increase in the number of people who gambled, as well as an increase in the amount of money at stake. And also the increasing number of new online gambling that continues to grow because online gambling is a very promising business in the post-pandemic digital era and will continue.
and the gambling business is so influenced by internet gaming that it is very easy to operate even by minors, and this impact is likely to continue in the future due to the increased flow of enthusiasts.
sr. member
Activity: 2296
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COVID has indeed made the gambling industry experience a significant increase, because not only do people need entertainment in their homes, but they need income and most of these new gamblers think that gambling is one of the fastest and easiest sources of income. Because by only going through their device, they can access various games on the online casino platform and if they are lucky they can get the jackpot which can help them financially during this difficult COVID period. But the fact is that most of them lose and eventually leave online gambling.
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.
I don't think that's right, because the online gambling industry has grown very rapidly, and the number of people gambling online before the pandemic vs now is significantly high and the numbers are increasing day by day. There are a lot of online gambling platforms, and almost each one of them earn great revenue, the reason for that is that the number of gamblers is increasing day by day, so every single casino is getting enough players.

Even the newly launched platform can get a lot of users initially being new to the market because of the excess of gamblers all around the globe who are always looking for new places and bonuses and stuff so that they can join and start gambling after claiming the bonuses and stuff.
hero member
Activity: 2744
Merit: 588
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.

Online gambling is $63 billion.
All the gambling is $449.04 billion.

Some of you have no idea why we do go gamble, the ones playing online are mostly doing it for pennies, whales are doing it for the whole package, I've seen guys throwing tens of thousands one after other in Casinos after paying just a few hundred because they've started to enjoy the atmosphere, with online you don't have the real thrill at all.
Even experts don't quote online to reach even 25% by 2030.

We can't deny the fact that land-based casinos are still high in numbers when it comes to their revenue.
These high rollers are maybe more comfortable doing their gambling activities in their traditional ways.
But some of these high rollers are finding their way in online casinos already as we have seen some bets in crypto casinos.
This is one of the good things in online casinos, you can see how much bet is going on, even if we say we don't know those people.
The number of online gamblers will further increase in the coming years, as more and more younger generation are open to this type of gambling.
newbie
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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.

Online gambling is $63 billion.
All the gambling is $449.04 billion.

Some of you have no idea why we do go gamble, the ones playing online are mostly doing it for pennies, whales are doing it for the whole package, I've seen guys throwing tens of thousands one after other in Casinos after paying just a few hundred because they've started to enjoy the atmosphere, with online you don't have the real thrill at all.
Even experts don't quote online to reach even 25% by 2030.
legendary
Activity: 2324
Merit: 1604
hmph..
Here is the latest data from Grand View Research


Source: https://www.grandviewresearch.com/industry-analysis/online-gambling-market



Based on the latest data as of 2022, the global online gambling market size has reached $ 63.5 B, this is a very large nominal. Even though Europe is the continent with the largest online gambling share, 41% , ASIA  showing a increase in users and adoptions in 2022. It is not surprising that ASIA has increased in online gambling adoptions, I know in Indonesia online gambling users seem to have increased since the rise of the mobile game "domino". From the game going to real online casinos (no data for this, just seeing from people around me)


Source: https://www.grandviewresearch.com/industry-analysis/online-gambling-market
Top countries that increase online gambling in APAC, China, India, and Japan

More detail about research: https://www.grandviewresearch.com/industry-analysis/online-gambling-market
hero member
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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-19 has truly changed all the structures humans have built to change instantly. By not allowing people to leave the house freely, many offline businesses have turned into online businesses and received many benefits. Online casinos have benefited from Covid-19 and other businesses where people have started playing online gambling from their homes. This made it easier for them to gamble, especially when many online crypto casinos were launched, which made many fiat gamblers switch to using online crypto casinos. The convenience provided by online casinos gives pleasure to gamblers because they can visit online casinos using devices such as laptops, computers, and even phones. And this situation has continued until now when people have found a comfortable place to play gambling with the device they like.
legendary
Activity: 1946
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Leading Crypto Sports Betting & Casino Platform
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.
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.
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.
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