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Author Topic: How Big is the online gambling industry today?  (Read 2966 times)
Westinhome
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August 25, 2023, 11:59:11 PM
 #401


If you look at simple numbers, the industry is growing really fast. But what if we adjust for inflation? Plus, an amendment to the fact that many people began to sit online more than offline (after covid, many even refuse to return to the office because they realized that remote work is what they need). Maybe with these amendments the growth rate will not seem so gigantic, but the governments, of course, are interested in exposing the case so that without their intervention there will be a total infection of all with gambling addiction  Grin

The Covid had increased the usage of Online gambling as compared to the offline gambling in the casino hall.Mostly the work was from home to most of the workers in the pandemic had increased the usage of time in Online gambling.The pandemic is the root cause for the increase in the crypto adoption during 2021.The increase in crypto adoption also increase the usage of Crypto based gambling sites.The government schemes also now increases the usage of cryptocurrency for now,which further increase the crypto based gambling sites.The growth of online gambling before and after pandemic was twice in value.

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ethereumhunter
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August 26, 2023, 09:51:04 AM
 #402

Gambling is very popular, but earlier there were only physical casinos for gambling then gambling was not very popular.  But ever since a huge industry of online gambling has developed, everyone's interest in it has increased, because now there is no need to go to a specific place to gamble. And gambling with crypto is much easier.  Because there is no hassle of banking or limits to deposit and withdraw money, it is becoming more and more popular day by day. and it’s  industry is very big.
Many people were also worried with the stigma that gambling carried at the time, so if a person that you knew saw you entering a casino then suddenly the whole town will know about it and they could begin to discriminate against you, however online gambling protects you against the prying eyes of those people, as now you can gamble from your home and unless you go out of your way to tell people that you gamble then no one is ever going to be able to find out that you do.
And when the gambling industry goes offline to online, it provides convenience for people worried that someone else will see them coming to the casino and discriminate against you. And now they can take those worries away by visiting an online casino, especially if they are well acquainted with crypto casinos. They can gamble from home, playing gambling in their room while listening to music. And they can hide their gambling activities from other people so that no one knows about it and they can be free to play gambling.

That is what makes gambling even bigger because by making gambling online, online casino customers will become more numerous because they come from all over the world and gather at each casino and play their favorite gambling. They can play as many gambling games as they want because almost all online casinos have many games. But this also triggers other problems for playing online gambling because they can easily become more addicted to playing online gambling because no one will see them engrossed in playing online gambling.

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coinerer
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August 26, 2023, 01:08:10 PM
 #403

Gambling is very popular, but earlier there were only physical casinos for gambling then gambling was not very popular.  But ever since a huge industry of online gambling has developed, everyone's interest in it has increased, because now there is no need to go to a specific place to gamble. And gambling with crypto is much easier.  Because there is no hassle of banking or limits to deposit and withdraw money, it is becoming more and more popular day by day. and it’s  industry is very big.
Many people were also worried with the stigma that gambling carried at the time, so if a person that you knew saw you entering a casino then suddenly the whole town will know about it and they could begin to discriminate against you, however online gambling protects you against the prying eyes of those people, as now you can gamble from your home and unless you go out of your way to tell people that you gamble then no one is ever going to be able to find out that you do.
One of the big advantages of online casinos is that gambling can always be hidden. It is very important to keep gambling hidden because if it comes out in public it can cause self-esteem problems. When a person gambles online on a mobile phone at home or anywhere.  In that case it is always possible to keep it hidden because no one else ever looks at one's personal mobile phone without permission. So if one's intention is to gamble with privacy and just for fun then online casino can be a solution for him.


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KTChampions
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August 26, 2023, 06:40:18 PM
 #404


If you look at simple numbers, the industry is growing really fast. But what if we adjust for inflation? Plus, an amendment to the fact that many people began to sit online more than offline (after covid, many even refuse to return to the office because they realized that remote work is what they need). Maybe with these amendments the growth rate will not seem so gigantic, but the governments, of course, are interested in exposing the case so that without their intervention there will be a total infection of all with gambling addiction  Grin

The Covid had increased the usage of Online gambling as compared to the offline gambling in the casino hall.Mostly the work was from home to most of the workers in the pandemic had increased the usage of time in Online gambling.The pandemic is the root cause for the increase in the crypto adoption during 2021.The increase in crypto adoption also increase the usage of Crypto based gambling sites.The government schemes also now increases the usage of cryptocurrency for now,which further increase the crypto based gambling sites.The growth of online gambling before and after pandemic was twice in value.

Covid was a big boost for the development of online in all areas, but I think that even without it, we see how the world is changing and even without covid, a lot goes online. That's why I forgot in my first post to point out the second necessary assessment: we need to take not only an adjustment for inflation, but also for the market share. Because if online gambling has doubled, and for example online games have grown 4 times, then we can say that online gambling is lagging behind.

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slapper
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August 26, 2023, 07:58:48 PM
 #405

~snip~
And when the gambling industry goes offline to online, it provides convenience for people worried that someone else will see them coming to the casino and discriminate against you. And now they can take those worries away by visiting an online casino, especially if they are well acquainted with crypto casinos. They can gamble from home, playing gambling in their room while listening to music. And they can hide their gambling activities from other people so that no one knows about it and they can be free to play gambling.

That is what makes gambling even bigger because by making gambling online, online casino customers will become more numerous because they come from all over the world and gather at each casino and play their favorite gambling. They can play as many gambling games as they want because almost all online casinos have many games. But this also triggers other problems for playing online gambling because they can easily become more addicted to playing online gambling because no one will see them engrossed in playing online gambling.
The game is being altered by online wagering. In the past, I had to dress on a suit to gamble, whereas today, all it takes is a mouse click. It is ground-breaking. People from every region of the globe gather from the comfort of their own homes to place bets on sporting events

Crypto casino? This is indeed a brilliant idea. Swift, anonymous, and cutting-edge! Regarding innovation and slightly tangentially, have you heard about the new virtual reality casinos? It's like being in Las Vegas, minus the expensive hotel expenses

There is, however, a negative aspect to this. Addiction is genuine. When there is no one to check on you, the distinction between entertainment and obsession blurs. This must be kept in control at all times. Always keep in mind that gambling is meant for entertainment, not survival

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August 26, 2023, 08:49:03 PM
 #406


If you look at simple numbers, the industry is growing really fast. But what if we adjust for inflation? Plus, an amendment to the fact that many people began to sit online more than offline (after covid, many even refuse to return to the office because they realized that remote work is what they need). Maybe with these amendments the growth rate will not seem so gigantic, but the governments, of course, are interested in exposing the case so that without their intervention there will be a total infection of all with gambling addiction  Grin

The Covid had increased the usage of Online gambling as compared to the offline gambling in the casino hall.Mostly the work was from home to most of the workers in the pandemic had increased the usage of time in Online gambling.The pandemic is the root cause for the increase in the crypto adoption during 2021.The increase in crypto adoption also increase the usage of Crypto based gambling sites.The government schemes also now increases the usage of cryptocurrency for now,which further increase the crypto based gambling sites.The growth of online gambling before and after pandemic was twice in value.

Covid was a big boost for the development of online in all areas, but I think that even without it, we see how the world is changing and even without covid, a lot goes online. That's why I forgot in my first post to point out the second necessary assessment: we need to take not only an adjustment for inflation, but also for the market share. Because if online gambling has doubled, and for example online games have grown 4 times, then we can say that online gambling is lagging behind.

People are already interested in online gambling, it's just that there are still a lot of outliers with grand promises to get new players hooked that often fall short or sometimes, the casino just disappears. I'm one of those who stick with mainstream platforms and huge gambling organizations because I feel secured that they will deliver with their promises and their promotions. Also, they wouldn't run with my money. What I couldn't wrap my head around is why other people still try new platforms that doesn't have that much exposure to the larger community, and once they got burned, complain about why online gambling will never amount to anything despite having the tech available to accommodate that.
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August 27, 2023, 12:05:55 AM
 #407

Gambling is very popular, but earlier there were only physical casinos for gambling then gambling was not very popular.  But ever since a huge industry of online gambling has developed, everyone's interest in it has increased, because now there is no need to go to a specific place to gamble. And gambling with crypto is much easier.  Because there is no hassle of banking or limits to deposit and withdraw money, it is becoming more and more popular day by day. and it’s  industry is very big.
Many people were also worried with the stigma that gambling carried at the time, so if a person that you knew saw you entering a casino then suddenly the whole town will know about it and they could begin to discriminate against you, however online gambling protects you against the prying eyes of those people, as now you can gamble from your home and unless you go out of your way to tell people that you gamble then no one is ever going to be able to find out that you do.

Well, as far as I'm concerned, I've always known land-based casinos, but they were the first I used to learn about the game of roulette, I'm very honest, I've never used a slot machine in a land-based casino, in fact I haven't. I liked it because I saw that they didn't win anything, but if I played it was just roulette, sometimes I played bingo, but I saw roulette as more exciting because it applied various strategies, including even, odd, color, and zero, these They are the first strategies that I met in the casino, for this reason, thanks to the physical casinos, I already felt more sure of using them to obtain good profits or at least to get a chance, as is the online casino system.

When the online casinos came out, I must say that the only one I knew from Priemroy and I lasted a long time was freebitco. In that casino I did many things, I learned to use the faucets properly and all thanks to the things I was able to do were great to learn, I started With the data, of course, I am used to playing in a casino that was only roulette and when I come across a platform where what is played is dice and I see that it is easier, or at that time I see that it is easier to win Well, in a roulette wheel I started to play and obviously to look for satoshis in the faucet of the site, so that excited me because obviously in a traditional physical casino there was nothing similar to a faucet, but to play with what money was available at that time , and if it ran out, then it was time to look for money again so that it could be exchanged for tokens, that is something that was done, on the other hand, see that you could increase the satoshis by playing dice, it was something that was not so bad, because seeing and playing so much one can realize that things can be easier to win, and after this it was that I found stake.com, and other casinos that were very good and had roulette wheels, and other games that are quite interesting, It is because of this that I can say that things with the casinos and the industry have grown and will continue to grow more and more.



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August 27, 2023, 04:48:04 AM
 #408

One of the big advantages of online casinos is that gambling can always be hidden. It is very important to keep gambling hidden because if it comes out in public it can cause self-esteem problems. When a person gambles online on a mobile phone at home or anywhere.  In that case it is always possible to keep it hidden because no one else ever looks at one's personal mobile phone without permission. So if one's intention is to gamble with privacy and just for fun then online casino can be a solution for him.
The internet gambling market has outgrown the majority of conventional gambling establishments; all you need is a smart phone and data to make everything function smoothly and without difficulty. We're the only ones working with the system online, with no outside help. It feels so delectable to play casino online because it is the only time we can relax our minds and work on something that will undoubtedly benefit us. Casinos have both advantages and disadvantages, depending on one's level of strategy to employed in the gambling system.

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August 27, 2023, 06:07:21 AM
 #409

One of the big advantages of online casinos is that gambling can always be hidden. It is very important to keep gambling hidden because if it comes out in public it can cause self-esteem problems. When a person gambles online on a mobile phone at home or anywhere.  In that case it is always possible to keep it hidden because no one else ever looks at one's personal mobile phone without permission. So if one's intention is to gamble with privacy and just for fun then online casino can be a solution for him.
The internet gambling market has outgrown the majority of conventional gambling establishments; all you need is a smart phone and data to make everything function smoothly and without difficulty. We're the only ones working with the system online, with no outside help. It feels so delectable to play casino online because it is the only time we can relax our minds and work on something that will undoubtedly benefit us. Casinos have both advantages and disadvantages, depending on one's level of strategy to employed in the gambling system.
People are feeling more convenient in playing online casino rather than offline casino. The chance to get the jackpot was the same and people can access it easily without any problem. It can be seen from the annual financial report from some gambling site. Stake has been getting massive growth on its users in the last few years. The growth of online casino can't be prevented as people can access it anywhere. That being said that if so many demands from Evelyn casino were moving to the online casino.
People can play by also spend their time with their families. It will be worth the time rather than playing in the offline casino. It makes people feel better than before.
There will be no bear or bull in the gambling. People were just playing to win.

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August 27, 2023, 06:11:59 AM
 #410

The game is being altered by online wagering. In the past, I had to dress on a suit to gamble, whereas today, all it takes is a mouse click. It is ground-breaking. People from every region of the globe gather from the comfort of their own homes to place bets on sporting events

Crypto casino? This is indeed a brilliant idea. Swift, anonymous, and cutting-edge! Regarding innovation and slightly tangentially, have you heard about the new virtual reality casinos? It's like being in Las Vegas, minus the expensive hotel expenses

There is, however, a negative aspect to this. Addiction is genuine. When there is no one to check on you, the distinction between entertainment and obsession blurs. This must be kept in control at all times. Always keep in mind that gambling is meant for entertainment, not survival
What you say is true. These days, those of us who gamble from home have a lot more freedom in gambling and there may even be people who just woke up and have done nothing but head straight to the casino site and have everything ready to gamble. They also don't need to shower, eat, or do anything else, so they can gamble whenever they want. This is an advancement many people take to online gambling, giving them more time to do other things besides visiting physical casinos.

The crypto casino is a new breakthrough that benefits gamblers, especially gamblers in physical casinos because they can use crypto instead of fiat. They can also hide their identity or at least people won't see their faces while gambling because they are gambling in their room. And they can also reduce the costs that have to be incurred as you say, staying at the hotel in Las Vegas because they can stay in their room gambling.

And as for the downside, it will always be there no matter how the gambling industry develops. If in the future, new technology is applied to the gambling industry, gambling addiction will exist as long as people still want to earn money from gambling. They will still be greedy even though they have won some money before. And that is normal.

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August 27, 2023, 10:49:57 AM
 #411


-snip

And as for the downside, it will always be there no matter how the gambling industry develops. If in the future, new technology is applied to the gambling industry, gambling addiction will exist as long as people still want to earn money from gambling. They will still be greedy even though they have won some money before. And that is normal.
addiction and greed will remain in the world of gambling and will even continue to increase after the gambling industry experiences an increase in the future when technology gets more advanced. thats all because the more sophisticated technology and gambling it will be very easy to access anywhere and even in restricted countries you can still gamble because there are always ways to keep gambling. so it is only natural that one day the development of the gambling industry will be even greater, the number of gamblers will increase and the increase in gambling addiction will be even higher.
some time ago there were several threads about the prohibition of gambling and until now there are still very many gambling advertisements and are still spread in various countries, which means this has become one of the improvements in the gambling industry because even in countries that prohibit gambling there will still be gambling advertisements even though only through social media.

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August 27, 2023, 12:05:56 PM
 #412

Gambling is very popular, but earlier there were only physical casinos for gambling then gambling was not very popular.  But ever since a huge industry of online gambling has developed, everyone's interest in it has increased, because now there is no need to go to a specific place to gamble. And gambling with crypto is much easier.  Because there is no hassle of banking or limits to deposit and withdraw money, it is becoming more and more popular day by day. and it’s  industry is very big.
Many people were also worried with the stigma that gambling carried at the time, so if a person that you knew saw you entering a casino then suddenly the whole town will know about it and they could begin to discriminate against you, however online gambling protects you against the prying eyes of those people, as now you can gamble from your home and unless you go out of your way to tell people that you gamble then no one is ever going to be able to find out that you do.
This gambling has recently taken a new form through digital medium due to this, people can open accounts online on various gambling apps or websites sitting at home. Many times there is no opportunity to know about their activities. Online gambling and currently the trend of gambling through mobile phones is increasing, so no one can find information about gambling unless they say it themselves. Gambling is frowned upon in many societies, but it has become easier through crypto casinos, but no one will know the real news even if it is determined by legal proceedings online gambling is really helping people a lot.

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August 27, 2023, 03:25:46 PM
 #413

Covid was a big boost for the development of online in all areas, but I think that even without it, we see how the world is changing and even without covid, a lot goes online. That's why I forgot in my first post to point out the second necessary assessment: we need to take not only an adjustment for inflation, but also for the market share. Because if online gambling has doubled, and for example online games have grown 4 times, then we can say that online gambling is lagging behind.

People are already interested in online gambling, it's just that there are still a lot of outliers with grand promises to get new players hooked that often fall short or sometimes, the casino just disappears. I'm one of those who stick with mainstream platforms and huge gambling organizations because I feel secured that they will deliver with their promises and their promotions. Also, they wouldn't run with my money. What I couldn't wrap my head around is why other people still try new platforms that doesn't have that much exposure to the larger community, and once they got burned, complain about why online gambling will never amount to anything despite having the tech available to accommodate that.

I also prefer a conservative approach when choosing a platform and will even choose a less profitable one (with worse odds if we are talking about bookmakers) but more reliable. But many players take a different approach and choose the maximum bonuses - they are always given in new casinos (otherwise no one would come to them) and if a new project does not become successful, then it will scam, and those who were lured by high odds lose their deposits and start complaining .

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August 28, 2023, 05:06:18 AM
 #414

addiction and greed will remain in the world of gambling and will even continue to increase after the gambling industry experiences an increase in the future when technology gets more advanced. thats all because the more sophisticated technology and gambling it will be very easy to access anywhere and even in restricted countries you can still gamble because there are always ways to keep gambling. so it is only natural that one day the development of the gambling industry will be even greater, the number of gamblers will increase and the increase in gambling addiction will be even higher.
some time ago there were several threads about the prohibition of gambling and until now there are still very many gambling advertisements and are still spread in various countries, which means this has become one of the improvements in the gambling industry because even in countries that prohibit gambling there will still be gambling advertisements even though only through social media.
That is one of the factors that can make the gambling industry continue to increase from year to year because there are still many people who will be addicted and greedy to get a lot of money from gambling even though they actually realize it is difficult to get. But they still see it as an opportunity they could get one day and they just need to keep trying until they win it. Although the gambling industry's technology will get better and better in the future, they will become more and more eager to keep trying to win some money from gambling.

Currently, addiction has spread to many places and maybe that's because of the convenience they get from playing online gambling that they can play via their smartphone. Meanwhile, countries that prohibit gambling for their citizens have not fully implemented a ban on gambling. Their citizens can still visit casino sites easily, especially since most of them can still use paid or free VPNs.

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August 28, 2023, 07:44:29 AM
 #415

-snip
-snip

Currently, addiction has spread to many places and maybe that's because of the convenience they get from playing online gambling that they can play via their smartphone. Meanwhile, countries that prohibit gambling for their citizens have not fully implemented a ban on gambling. Their citizens can still visit casino sites easily, especially since most of them can still use paid or free VPNs.
well, this is what I mean that there will always be a way to continue gambling because of technological developments such as VPN or activating open DNS on a search engine or Google it will be very easy to access gambling from anywhere even if the country prohibits gambling everyone can still bet. with this technological development, the development of gambling will follow to take advantage of technological developments and expand their reach by placing advertisements on any social media to continue to develop their gambling to become bigger.
the number of online gambling has so far continued to increase and almost every day I find a new gambling site, although I'm not sure whether its a scam or not, for sure the gambling business has mushroomed almost everywhere.

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August 28, 2023, 07:54:02 AM
 #416

well, this is what I mean that there will always be a way to continue gambling because of technological developments such as VPN or activating open DNS on a search engine or Google it will be very easy to access gambling from anywhere even if the country prohibits gambling everyone can still bet. with this technological development, the development of gambling will follow to take advantage of technological developments and expand their reach by placing advertisements on any social media to continue to develop their gambling to become bigger.
the number of online gambling has so far continued to increase and almost every day I find a new gambling site, although I'm not sure whether its a scam or not, for sure the gambling business has mushroomed almost everywhere.
Slot games are a big enough attraction for potential newcomers because I see every ad that is there, almost all of them advertise their site based on slot games. With increasingly advanced technology, it makes it easy for gamblers to access gambling sites, even though gambling is prohibited in their country.

I think the era of gambling business technology is getting more and more popular because it's easier to gain big income for the owners.  New sites are always popping up every day and are dominated by local gambling sites that are targeting users in their own country.

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August 28, 2023, 12:43:25 PM
 #417

well, this is what I mean that there will always be a way to continue gambling because of technological developments such as VPN or activating open DNS on a search engine or Google it will be very easy to access gambling from anywhere even if the country prohibits gambling everyone can still bet. with this technological development, the development of gambling will follow to take advantage of technological developments and expand their reach by placing advertisements on any social media to continue to develop their gambling to become bigger.
the number of online gambling has so far continued to increase and almost every day I find a new gambling site, although I'm not sure whether its a scam or not, for sure the gambling business has mushroomed almost everywhere.
For this reason, people who are used to gambling will know how to solve the problem when they cannot visit the casino site. With a VPN, paid or free or even activating open DNS makes it easier for them to be still able to visit the casino site. The development of technology does help people to get what they want but unfortunately, those who do not have self-control will become uncontrollable. And this has been proven in gambling because more and more people cannot control themselves to the point where they have to lose a lot of money to gamble. We must not experience this and must always try to be able to control ourselves, no matter what situation we get after gambling is over. And even though the gambling business is everywhere, we still have to be able to control ourselves well.

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September 01, 2023, 05:25:56 PM
 #418

well, this is what I mean that there will always be a way to continue gambling because of technological developments such as VPN or activating open DNS on a search engine or Google it will be very easy to access gambling from anywhere even if the country prohibits gambling everyone can still bet. with this technological development, the development of gambling will follow to take advantage of technological developments and expand their reach by placing advertisements on any social media to continue to develop their gambling to become bigger.
the number of online gambling has so far continued to increase and almost every day I find a new gambling site, although I'm not sure whether its a scam or not, for sure the gambling business has mushroomed almost everywhere.
Slot games are a big enough attraction for potential newcomers because I see every ad that is there, almost all of them advertise their site based on slot games. With increasingly advanced technology, it makes it easy for gamblers to access gambling sites, even though gambling is prohibited in their country.

I think the era of gambling business technology is getting more and more popular because it's easier to gain big income for the owners.  New sites are always popping up every day and are dominated by local gambling sites that are targeting users in their own country.

Correct, with the success of many gambling business additional investors to create their own gambling site continue to grow.

And with the help of the internet, where gamblers can easily access the website and can easily
play the game, both transactions from depositing and linking your financial institution's account
to your gambling account is also an easy process nowadays.
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September 01, 2023, 05:35:11 PM
 #419

Firstly, crypto gambling has grown tremendously over the past few years and online casinos are now available in all countries. But since it is banned in many countries so they are using more devices to hide their identity so that the government of their country does not have any influence of the law on the personal lifes of gamblers. Moreover people are getting rich overnight from online casino, but on the other hand many people are also losing money.
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September 02, 2023, 11:54:55 AM
 #420

Slot games are a big enough attraction for potential newcomers because I see every ad that is there, almost all of them advertise their site based on slot games. With increasingly advanced technology, it makes it easy for gamblers to access gambling sites, even though gambling is prohibited in their country.

-snip
yep, currently slot games are being played a lot in various countries because of the advantages of attractive displays, good sound and surprising wins or multipliers as if ordinary gambling people thought slot games were a quick way to double money so that people who had never previously known about gambling ended up also will try to gamble on slot games.

Correct, with the success of many gambling business additional investors to create their own gambling site continue to grow.
current technological developments make investors also more flexible to invest their money which is more profitable with fewer losses such as crypto investors who move their money to invest in gambling business with stable profit sharing and gambling developments are increasing year by year so that many investors will invest their money for helped development of gambling and it was even more surprising when I found out that a local gambling site initially had just one site but after it became bigger site created a new site with a different name but the owner was the same. this is proof that success the online gambling business today is truly promising.

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