What is your perspective on the increasing number of casinos?

[Fredomago]

The increase in the number of casinos shows that the customer base remains strong and new players are always arriving. Interestingly, these casinos are often not carbon copies of one another: some offer complete innovations, others small changes that make a difference.

Ultimately, as in any market, competition tends to benefit the user. The more options, the greater the chance of finding new and improved gaming experiences.

Indeed, the new casinos needs to provide something that will engage interest from those gamblers who've been reach by their advertisement, something that will lead those patrons and start using their services, and similar to what you have said, it's the end users that benefited from it, as new alternative options comes up and they have new places to play.

With numbers of people getting engage to this venue more and more casino owners and aspirants shows their own ways to gain attentions, either with the way of bonuses or on what new class of games that they offers.

[Synchronice]

Almost every now and then, there is a new casino that is setup, each week, it is like there is a new casino where gamblers could gamble. I am aware that the competition in the industry is good, but more casinos mean more publicity for gambling, and more publicity for gambling means more gamblers definitely, and if there are more gamblers, we will have a higher chance of people who will turn up with a gambling problem or challenge. This is a thought I had earlier, I may be wrong, what do you think? What do you consider is the effects of the many options and variety of casinos to gamble on, do you think that it has somehow promoted and made addiction easy? do you feel that gamblers would have been less addicted if we have fewer casinos?

One thing is clear, many casinos will try to attract many people because if in the past there were 10 casinos trying to gain attention, now 100 try to do it and at the same time, they all compete against each other, so they must be trying harder than ever. Will it attract more gamblers? With their effort and current economic situations, I think yes, they will but in general, we need a statistics that prove whether the number of gamblers increase or decrease because we can't really speak with assumptions only.
I feel that, for me, it doesn't matter how many casinos exist, I'm a responsible anyway, so their number doesn't change anything for me but I can't talk for others with confidence.

[Hispo]

Almost every now and then, there is a new casino that is setup, each week, it is like there is a new casino where gamblers could gamble. I am aware that the competition in the industry is good, but more casinos mean more publicity for gambling, and more publicity for gambling means more gamblers definitely, and if there are more gamblers, we will have a higher chance of people who will turn up with a gambling problem or challenge. This is a thought I had earlier, I may be wrong, what do you think? What do you consider is the effects of the many options and variety of casinos to gamble on, do you think that it has somehow promoted and made addiction easy? do you feel that gamblers would have been less addicted if we have fewer casinos?

Actually, the number of casinos directly obeys something called the law of supply and demand, in my opinion. If there are more casinos, it is simply because there are more people willing to gamble in new platforms and risk their money. One must wonder, why are there more people willing to risk their money? Instead of worrying about market competition.
The amount of people gambling for the sake of money, instead of fun and being irresponsible is a direct consequence of lack of education and also lack of economical opportunities for people living on developing countries, it is not as complex as some people make it sound.
The more fruitful a society is, the less likely is for it's population to become addicted to gambling.

[EdvinZ]

It's a fascinating trend, and I see a lot of potential in it, honestly. Crypto casinos represent a pretty natural evolution of both online gambling and digital finance.

The biggest positives for me are the core principles of crypto itself: transparency and user control. Because transactions are on the blockchain, they're publicly verifiable. This means the games can be provably fair—you can actually check that the house isn't manipulating an outcome after the fact, which is a huge step up in trust over traditional online casinos where you just have to take their word for it. You also have more control over your funds without a middleman; deposits and withdrawals are direct and can be much faster without banks slowing things down.

The global accessibility is also a major plus. It opens up this form of entertainment to people in regions where traditional online gambling might be restricted or where banking options are limited. For them, it's a new avenue for recreation.

Of course, like any new technology, it has its risks that users need to be aware of. The volatility of cryptocurrency itself adds an extra layer of risk to your bankroll, and the anonymous nature of some platforms means you have to do your own homework to find reputable sites. It's the wild west right now, which demands a more savvy user. Responsible gambling principles—setting limits, only playing with what you can afford to lose—are even more critical here.

Overall, I'm optimistic. I view it as an innovative niche that pushes the boundaries of fintech. It's not for everyone, but for those who are already into crypto and understand the risks, it offers a unique and modern form of entertainment with some genuine technological benefits. The key, as always, is education and personal responsibility.   

[Justbillywitt]

Well, I feel that the more easier and accessible it becomes the more addictions it creates in people. There was gambling addiction even before there was the creation of so many online casinos and it was actually plenty players that were addicted then but I doubt if you can compare to the number that we have now. Like I said already, when there is easy accessibility, what you should expect is a spike in the number of addicted gamblers.

I doubt that accessibility to gambling platforms will lead to increase in gambling addiction. Let's not forget that these casinos are always raising campaigns against reckless gambling behaviours that are likely to lead people into addiction. If we are having more responsible gamblers coming into gambling I don't think we are going to witness a spike in gambling addicts despite the increasing numbers of gambling platforms. Gamblers should be more focused on how to gamble responsibly, if all gamblers should do this and follow it, gambling addiction will reduce drastically.

[bakasabo]

Actually, the number of casinos directly obeys something called the law of supply and demand, in my opinion. If there are more casinos, it is simply because there are more people willing to gamble in new platforms and risk their money.

I wish that supply and demand would work fully for gambling. Nevertheless I think that some open casinos because they only think its a good and easy to earn business. Buy franchise, design or script, sign contracts with providers, buy license and you are ready to open business. I can draw parallels with times when online shops were everywhere. It was easy to start such business; resell anything will tiny profit without even having goods in hands (just be an intermediary between large shop and customer). E-commerce was in trend not because there were increased amount of people who wanted to shop online. Now Amazon, Ebay, Aliexpress, Alibaba and the rest have killed all the individual small online shops.