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Author Topic: Opinion on increasing gambling.  (Read 152 times)
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December 30, 2021, 06:18:39 PM
 #21

In my opinion, the explanation for this increase is simple:

- With the increasing popularity of cryptocurrencies, people of any age have the opportunity to create accounts on gambling sites because they are not asked to do KYC. just ask:

how many new players join online casinos every year that only accept fiat as deposit and withdrawal

how many new players join online casinos every year that accept cryptocurrencies as deposit and withdrawal

and finally the casinos management referral program has made many people who have a lot of followers in gaming platforms to start promoting the casinos.

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December 30, 2021, 06:24:34 PM
 #22

Based on rough analysis, it can be observed that gambling activity has increased when you compare the present and the past say a year before. Do we now have more gamblers because gambling is now possible online, made more easy and people can stay anonymous while gambling, or as a result of more persons getting to know about gambling? Has the harsh economic situation of some countries indirectly promoted gambling, turning more of its citizens to gamble in search of money?

What is your opinion on the increasing number of gamblers?


Nowadays the digital world and the internet are increasingly advanced and make it easier for many people to do a job, gambling activities which used to be considered as one of the taboo behaviors in society so make that very few people gamble, but now along with technological advances, many people with easy to gamble on online gambling sites without fear of being known by others, I think many things encourage people to gamble, such as looking for fun, fad and also the desire to earn money the easy way. I personally agree with what you said, it seems that the current economic pressure can also be a strong reason for people to gamble, the price of necessities is quite expensive but the lack of work available certainly makes people look for alternatives to get money and gambling can be the one solution.

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December 30, 2021, 06:33:41 PM
 #23

Based on rough analysis, it can be observed that gambling activity has increased when you compare the present and the past say a year before. Do we now have more gamblers because gambling is now possible online, made more easy and people can stay anonymous while gambling, or as a result of more persons getting to know about gambling? Has the harsh economic situation of some countries indirectly promoted gambling, turning more of its citizens to gamble in search of money?

What is your opinion on the increasing number of gamblers?

Many people look at short term variations and fail to make the simplest connections - Covid has turned the world upside down in the last couple years which has meant people in places like the US can be sat at home, still earning a salary and unable to spend any money at their usual retail locations. All that pent up energy is being directed towards online outlets and casinos have been a big benefactor of that. I think you have it backwards, far from having a harsh economic situation, many people have retained their income. Gambling has never been a reliable source of income, so only a fool thinks that they can make money from it in the long run and they soon learn that lesson the hard way.

R


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December 30, 2021, 06:45:39 PM
Last edit: December 30, 2021, 07:02:44 PM by Gozie51
 #24


What is your opinion on the increasing number of gamblers?


We can't pretend not to know that gamblers are increasing. Sometimes I consider it that maybe hardship and poverty is contributing factor that has made people move into gambling. Gambling is becoming a new kind of business that the world is being revolutionize at the moment.


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December 30, 2021, 07:06:03 PM
 #25

I think the expansion of the gambling industry is moving towards online gambling and the number of gamblers is increasing from several factors:

- The proliferation of the internet
- Redistribution of jobs (the number of people working online increases every year)
- Pandemic

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December 30, 2021, 08:13:25 PM
 #26

Numbers in online gambling are rising every year in the past decade, it's a trend and I don't think it will end anytime soon!



Interesting article for people who want to take a look: https://www.gminsights.com/industry-analysis/online-gambling-market

I think gambling is more accessible than ever before! There are more casinos around, on almost every corner, as far as the internet there are zillion casinos as well, and in the last few years it has been much easier to move money online ... so this growth is completely logical! So I believe the numbers will continue to rise, and we can only hope that people will not turn to the complete degens as some of us here! Smiley

As I said in the post above, growth in absolute terms occurs for objective reasons. If we want to know if the online gambling market is ahead of other markets, or some average indicator, we have to make many adjustments and compare it with other areas, such as streaming or other entertainment online.

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