Do you have an idea in percentage how big gambling industry's contribution?

[Ziskinberg]

There are a couple of reasons why gambling is considered an important part of the economy.

• It creates employment
• Government economy is boosted by taxing
• Form of entertainment
• People get to visit the casino resulting in the local market sales
• Leisure time

I think with just about this, and the critical part is the employment. A lot of people could benefit from it, and having a casino could provide that. Whether it's an online casino or not, it still allows people to earn money.

For players, it's essential not to get addicted to it so you could provide and have the proper priorities.

With the set up like physical casinos, this would create more job, but since the world is evolving and it seems like online gambling would become the trend in the future, I guess that would minimize the employment, and what I have understand on this thread is the crypto gambling industry is what we are talking here, so I believe crypto gambling industry will grow since it's budget friendly for people who can't afford to go into popular physical casinos and the adoption would just increase in the long run, and actually the situation now that casinos are lock down, this is the moment where more gamblers will shift into online.

[leea-1334]

With the set up like physical casinos, this would create more job, but since the world is evolving and it seems like online gambling would become the trend in the future, I guess that would minimize the employment, and what I have understand on this thread is the crypto gambling industry is what we are talking here, so I believe crypto gambling industry will grow since it's budget friendly for people who can't afford to go into popular physical casinos and the adoption would just increase in the long run, and actually the situation now that casinos are lock down, this is the moment where more gamblers will shift into online.

Online gambling can create jobs too, I mean people also need good customer support, and good designers to keep coming up with new offerings not just in terms of technology but also in presentation and interface. Different aspects in online gambling, but still needs the expertise to perform them:)

[CryptopreneurBrainboss]

I think with just about this, and the critical part is the employment. A lot of people could benefit from it, and having a casino could provide that. Whether it's an online casino or not, it still allows people to earn money.

From your list, the creation of employment was also my first pick. Not many understand how vital the gambling industry is to the government of a country. Although government can easily create money from thin air, still the taxes this gambling house pays are worth mentioning as they help to finance the budget of the government.

In regards to the employment, we see this casino providing opportunity for quite a number of individuals in various working class. From the cleaners, security officers, customer care officers up to the the managers etc all this individual gt an opportunity to join the workforce because of these casinos.

[crwth]

With the set up like physical casinos, this would create more job, but since the world is evolving and it seems like online gambling would become the trend in the future, I guess that would minimize the employment

At least there are still more websites to work on from. Well, the question is how big is the gamblings industry contribution to the entire market. I think the OP should be more specific on that though.

From your list, the creation of employment was also my first pick. Not many understand how vital the gambling industry is to the government of a country. Although government can easily create money from thin air, still the taxes this gambling house pays are worth mentioning as they help to finance the budget of the government.

Check this out if you want to know more about the tax revenue from a casino. 86% freaking percent 

https://www.casino.org/news/macau-gaming-industry-responsible-for-86-percent-of-tax-revenue/

[Wintersoldier]

As what the thread title says, I like to know based on your opinion how big the contribution of the gambling industry to the entire market.
I have been a gambler for awhile now and I believe that with the contribution of our industry, it will only make the market stronger in the long run, and it's one of the reason why adoption is happening at a very good rate IMO.

In my own personal opinion, the percentage pf gambling industry in the crypro market could be not that big because there are only few gamblers who deposits and invest huge amount of money in a crypto casino, that most gamblers only play in a crypto casino if they will receive a free money for them to play.

[GDragon]

As what the thread title says, I like to know based on your opinion how big the contribution of the gambling industry to the entire market.
I have been a gambler for awhile now and I believe that with the contribution of our industry, it will only make the market stronger in the long run, and it's one of the reason why adoption is happening at a very good rate IMO.

Tried reading articles about it's contributions and didn't get an exact numbers. But according to the things I've read, it's much popular right now. Probably we all know the reasons why. Online gambling industry, blockchain and crypto, is like the golden era of gambling. Aside from more payment options, quick withdrawals, anonymity of the gambler, blockchain addresses the security concerns of the gambler when it comes to online gambling, its much safer. There is also lesser operating costs, I think they are earning much profit without the big budget to operate a whole establishment of a casino. That's why lots of casinos are now rebuilding as online casinos.

We are all asking the same thing but I think it's contributions are enormous.