Online gambling becomes popular

[Altryist]

When theres gambling industry then there would be always those people whom do get addicted with gambling and its none a new thing as we know that industry is way too profitable.

Specially now that everything could really be accessed online too easily and we know that gambling businesses do exist on both markets neither physical or online and now that we are

on a pandemic situation it did really contribute even more for online gambling sites to become more known.

Online gambling was popularized even before the pandemic, because it is very convenient. You can go to the site directly from home, or any other place. And the pandemic has only increased the popularity of this trend.

[Lordhermes]

When theres gambling industry then there would be always those people whom do get addicted with gambling and its none a new thing as we know that industry is way too profitable.

Specially now that everything could really be accessed online too easily and we know that gambling businesses do exist on both markets neither physical or online and now that we are

on a pandemic situation it did really contribute even more for online gambling sites to become more known.

Online gambling was popularized even before the pandemic, because it is very convenient. You can go to the site directly from home, or any other place. And the pandemic has only increased the popularity of this trend.

Online gambling is very much popular in our society today because the world is now digital,and almost every thing we do now is done online.These are some of the reasons why online gambling is popular;it is easy to be reached, and It saves one the stress to locate a bet shop.

[bitterguy28]

When theres gambling industry then there would be always those people whom do get addicted with gambling and its none a new thing as we know that industry is way too profitable.

Specially now that everything could really be accessed online too easily and we know that gambling businesses do exist on both markets neither physical or online and now that we are

on a pandemic situation it did really contribute even more for online gambling sites to become more known.

Online gambling was popularized even before the pandemic, because it is very convenient. You can go to the site directly from home, or any other place. And the pandemic has only increased the popularity of this trend.

Online gambling is very much popular in our society today because the world is now digital,and almost every thing we do now is done online.These are some of the reasons why online gambling is popular;it is easy to be reached, and It saves one the stress to locate a bet shop.

Yeah the accessibility of Online casinos are far from real life casino , imagine you nee to drive in for kilometers just to gamble and loss? then you will be Bullshit tired to go home?

at least in online casinos you can just play in your bed and go sleep once you totally lose the funds.

[passwordnow]

Online gambling was popularized even before the pandemic, because it is very convenient. You can go to the site directly from home, or any other place. And the pandemic has only increased the popularity of this trend.

Yes, even pre-pandemic, online gambling has always been popular but it's different when the pandemic came. Most people stayed at home and due to the quarantine protocols that have been imposed for many countries that got the virus, there go those people that are curious about online gambling. They could be categorized in many class, like those that don't have something to do and looked for a thing to do online, there goes those who already are aware of online gambling and tried their luck, etc.

[molsewid]

It's really a concern that even minors will be able to gamble as long as they have knowledge about crypto and of course if they can find a way to fund their account. However, it cannot be possible to prevent minors from gambling since crypto casinos promote anonymity, it's really the job of the parents to monitor their minor children's activities, not the site as they welcome anyone who can fund their account.

The availability or the accessibility of the online gambling today is really that easy that even the minor could access it. It is indeed a serious concern that should be address properly by the gambling site that the one who could access their site should be in the legal age. And somehow we can't also deny that the popularity of online gambling boosted today due to people nowadays were so exposed to internet which also make the information easily accessed by everybody as long as the internet connection is established.

[KTChampions]

By the way, it would be interesting to compare the growth of online gambling with the overall growth of the online services/delivery industry. I would not be surprised if I found out that even though online gambling has grown, it has done so more slowly than the rest of the online industry. In the end, gamblers are a narrow layer of people, consumers of everything else are the overwhelming part of the market.

[BuNga_cute]

By the way, it would be interesting to compare the growth of online gambling with the overall growth of the online services/delivery industry. I would not be surprised if I found out that even though online gambling has grown, it has done so more slowly than the rest of the online industry. In the end, gamblers are a narrow layer of people, consumers of everything else are the overwhelming part of the market.

Since the first the gambling industry has been under other industries, as well as the online world, online gambling is a small part. Because
the online service industry is needed by more people than online gambling. Moreover, some countries do prohibit their residents from accessing
gambling sites, this makes the world of online gambling even narrower. So the development of online gambling is indeed quite rapid, but its
scope is narrow, because not everyone in the world likes gambling.

[hahay]

By the way, it would be interesting to compare the growth of online gambling with the overall growth of the online services/delivery industry. I would not be surprised if I found out that even though online gambling has grown, it has done so more slowly than the rest of the online industry. In the end, gamblers are a narrow layer of people, consumers of everything else are the overwhelming part of the market.

Yes, if we compare gambling with other industries in online development then of course, the growth of online gambling is fairly slow. Gambling itself is always viewed differently in each country so it is not surprising that the growth of gambling is relatively slow because even though gambling is legal, in fact not everyone will gamble, right. In contrast to other industries that basically they will easily spend their money on other goods and services, and it does not have the risk of losing like in gambling.

[BITCOIN4X]

Yes, if we compare gambling with other industries in online development then of course, the growth of online gambling is fairly slow. Gambling itself is always viewed differently in each country so it is not surprising that the growth of gambling is relatively slow because even though gambling is legal, in fact not everyone will gamble, right. In contrast to other industries that basically they will easily spend their money on other goods and services, and it does not have the risk of losing like in gambling.

The gambling industry whether online or physical continues to thrive regardless of regulation in my opinion. After cryptocurrency has become a new phenomenon in society, the crypto gambling industry is now quite easy to find online. Sooner or later the growth of gambling may still be influenced by regulation, but I think for a country where gambling is legal, the development is much faster. Competition between gambling site to be the best is also something that can slow down the accelerated growth of the crypto gambling industry because site that do not have large bankroll must give up sites that do not have high traffic.

[KTChampions]

By the way, it would be interesting to compare the growth of online gambling with the overall growth of the online services/delivery industry. I would not be surprised if I found out that even though online gambling has grown, it has done so more slowly than the rest of the online industry. In the end, gamblers are a narrow layer of people, consumers of everything else are the overwhelming part of the market.

Yes, if we compare gambling with other industries in online development then of course, the growth of online gambling is fairly slow. Gambling itself is always viewed differently in each country so it is not surprising that the growth of gambling is relatively slow because even though gambling is legal, in fact not everyone will gamble, right. In contrast to other industries that basically they will easily spend their money on other goods and services, and it does not have the risk of losing like in gambling.

Plus, we must take into account that gambling is not a basic need, but entertainment (of course, if we are not talking about addicted people). People are forced to always consume food, things, etc. therefore, during the lockdowns, the delivery industry took off like a rocket. Compared to this, onine gambling has rather lost its positions, although according to formal indicators it has also grown.

[l3pox]

<...>

trust and reputation are really valuable, you are right
you simply can't buy it, it has to be built

probably in terms of competition it comes and goes in weaves, competition gets harder, more people go out of business, competition gets easier, more people enter the business, so forth and so on...

but overall the tendency is that gambling industry gets stronger online
probably

I have no data to support this, but since we know that thanks to the pandemic the number of people gambling online went up then it is fair to think that the number of casinos went up as well as people tried to capture some of the additional money that came to the market, but now that the economy is being opened again then most likely we are seeing some of those casinos to begin to disappear as people go back to their old habits and have other ways to entertain themselves.

yes, I dont have the precise data about it either but would be really surprised if it wasn't true, specially with the pandemic as you mentioned

but yes, thats right, maybe after reopening competition gets harder and some online casinos struggle to keep open?
not sure

do you know what are the margins for online casinos?
probably quite high

[ipanks]

Yes, if we compare gambling with other industries in online development then of course, the growth of online gambling is fairly slow. Gambling itself is always viewed differently in each country so it is not surprising that the growth of gambling is relatively slow because even though gambling is legal, in fact not everyone will gamble, right. In contrast to other industries that basically they will easily spend their money on other goods and services, and it does not have the risk of losing like in gambling.

It depends on the country because if gambling is legal in one country and people are free to play gambling, whether it is offline or online gambling, that can grow faster than the other countries. But if that is about online gambling, people from different countries can find the gambling site easily because they will see many advertisements about a gambling site on many websites. That can make online gambling sites become popular and known by many people.

[Fredomago]

Plus, we must take into account that gambling is not a basic need, but entertainment (of course, if we are not talking about addicted people). People are forced to always consume food, things, etc. therefore, during the lockdowns, the delivery industry took off like a rocket. Compared to this, onine gambling has rather lost its positions, although according to formal indicators it has also grown.

Offshore casinos find its way to also take advantage of this situations, from where I live, those business also ride with this pandemic and begin to offer online services, instead of gamblers to go to their place, they allow gamblers to use their online platforms and with the use of digital currency it's not that hard to transfer both deposits and withdrawal between the house and the players.

It's evolving and even the restrictions is now getting liter people who enjoyed online gambling the most, are no longer need to go out and play.

[KTChampions]

Plus, we must take into account that gambling is not a basic need, but entertainment (of course, if we are not talking about addicted people). People are forced to always consume food, things, etc. therefore, during the lockdowns, the delivery industry took off like a rocket. Compared to this, onine gambling has rather lost its positions, although according to formal indicators it has also grown.

Offshore casinos find its way to also take advantage of this situations, from where I live, those business also ride with this pandemic and begin to offer online services, instead of gamblers to go to their place, they allow gamblers to use their online platforms and with the use of digital currency it's not that hard to transfer both deposits and withdrawal between the house and the players.

It's evolving and even the restrictions is now getting liter people who enjoyed online gambling the most, are no longer need to go out and play.

Sure. Yes, many companies and industries benefit from this situation, but if I could choose which assets to sit in before the start of the pandemic, then it would undoubtedly be shares of delivery companies and similar businesses, but not online casinos because the greatest growth has occurred not in online gambling at all.

[tabas]

Yes, if we compare gambling with other industries in online development then of course, the growth of online gambling is fairly slow. Gambling itself is always viewed differently in each country so it is not surprising that the growth of gambling is relatively slow because even though gambling is legal, in fact not everyone will gamble, right. In contrast to other industries that basically they will easily spend their money on other goods and services, and it does not have the risk of losing like in gambling.

There are a lot of countries that are more with religious groups and that's also stopping the growth of gambling because of such standards. It may be slow in another view.
But it's really significant that its growth recently and popularity is very good to know due to the fact that many online casinos are now in crypto and it's one of the big reasons for cryptos growth.

[xSkylarx]

Yes, if we compare gambling with other industries in online development then of course, the growth of online gambling is fairly slow. Gambling itself is always viewed differently in each country so it is not surprising that the growth of gambling is relatively slow because even though gambling is legal, in fact not everyone will gamble, right. In contrast to other industries that basically they will easily spend their money on other goods and services, and it does not have the risk of losing like in gambling.

There are a lot of countries that are more with religious groups and that's also stopping the growth of gambling because of such standards. It may be slow in another view.
But it's really significant that its growth recently and popularity is very good to know due to the fact that many online casinos are now in crypto and it's one of the big reasons for cryptos growth.

Agreed, most land-based casinos have been closed since the outbreak began. People are transitioning online, which is why online casinos are becoming more popular than ever. However, when it comes to local casinos in our country, we can also find a few, unlike those in first-world countries, which have a wide range of online casinos. This is due to the fact that it is not legal in that country, and people prefer to play in person rather than online. Here in our countries, we have a few online casinos that were not particularly well-known prior to the pandemic, but when the pandemic strikes, they become well-known, and many people play on that platform to relieve stress as a result of the lockdown.

[Silberman]

It is not as if things are that different when it comes to fiat casinos, if their parents gamble then the only thing a kid needs to do is to enter to the account of their parents and gamble that way, also it is not as if you can only gamble online since kids can gamble with their peers as well, this is why we must not rely in a centralized authority to tell us what to do or not do and if we do not want that our kids gamble then we need to teach them why this is a bad idea at their age.

Regards the issue of having underage people gambling I believe parents and families are really the responsible ones for educating and forbidding their children from gambling until they hit the adulthood, that means from that moment on they will answer for their own acts. But while that time doesn't come, parents need to be careful with which sites they let logged in their devices and also how their children are spending the money that is given to them. If the children are spending this money wrongly, just cut their income and there won't be any gambling activity.

I believe this as well, however many parents are exporting the responsibility of raising their kids to the television or social media and they do not want to do it themselves as it is too hard, and this is a problem, after all we know that there are many video games that allow people to gamble within the game so if the parents are not attentive to their children they can very quickly develop bad habits that it could take them a life to get rid of.

[dunfida]

It is not as if things are that different when it comes to fiat casinos, if their parents gamble then the only thing a kid needs to do is to enter to the account of their parents and gamble that way, also it is not as if you can only gamble online since kids can gamble with their peers as well, this is why we must not rely in a centralized authority to tell us what to do or not do and if we do not want that our kids gamble then we need to teach them why this is a bad idea at their age.

Regards the issue of having underage people gambling I believe parents and families are really the responsible ones for educating and forbidding their children from gambling until they hit the adulthood, that means from that moment on they will answer for their own acts. But while that time doesn't come, parents need to be careful with which sites they let logged in their devices and also how their children are spending the money that is given to them. If the children are spending this money wrongly, just cut their income and there won't be any gambling activity.

I believe this as well, however many parents are exporting the responsibility of raising their kids to the television or social media and they do not want to do it themselves as it is too hard, and this is a problem, after all we know that there are many video games that allow people to gamble within the game so if the parents are not attentive to their children they can very quickly develop bad habits that it could take them a life to get rid of.

Honestly this is really hard even how strict you are on regards into those things or on how you do really look into you child and in todays era you wouldnt able to avoid that your son or daughter would really
be exposed into these things since accessibility from computer or even with mobile is already there which means they would be always prone into that and now that we are on digital age
then we should at least tell our kids and make them realize about whats the negative effects of online gambling or any other which would really be that giving some impact or influence into their lives.
Gambling becomes popular because of this pandemic where most people are spending their time  online.

[Fredomago]

Sure. Yes, many companies and industries benefit from this situation, but if I could choose which assets to sit in before the start of the pandemic, then it would undoubtedly be shares of delivery companies and similar businesses, but not online casinos because the greatest growth has occurred not in online gambling at all.

No doubt about that literally since going out are limited surely deliveries are the one who benefited a lot with this situation, the fact that restrictions limits people from going out right?

But moving back to the topic, it's also undeniable that more and more gamblers find online gambling is the best alternatives to please their needs of playing.

And now, that the restrictions are already been lifted from some places, online gambling already got regular customers who find
comfort playing inside their house.

[Botnake]

Sure. Yes, many companies and industries benefit from this situation, but if I could choose which assets to sit in before the start of the pandemic, then it would undoubtedly be shares of delivery companies and similar businesses, but not online casinos because the greatest growth has occurred not in online gambling at all.

No doubt about that literally since going out are limited surely deliveries are the one who benefited a lot with this situation, the fact that restrictions limits people from going out right?

But moving back to the topic, it's also undeniable that more and more gamblers find online gambling is the best alternatives to please their needs of playing.

And now, that the restrictions are already been lifted from some places, online gambling already got regular customers who find
comfort playing inside their house.

They would stay gambling online especially those sports bettors, they can watch the game in the arena while placing their bet online, that's the ideal thing to do, and with that, it will help the online gambling platform to improve. I guess we should also talk on the popularity of online crypto gambling as I'm pretty sure they also benefited big in this pandemic.