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Author Topic: How Big is the online gambling industry today?  (Read 2966 times)
Negotiation
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September 09, 2023, 12:01:00 PM
 #461

A big advantage of this is that gambling can be played through mobile phones and gambling sites for mobile phones are designed in a way that is very attractive. Anyone can easily gamble secretly through mobile phones. So it is natural that it will very difficult to understand who gambles and who does not. But it doesn't matter who gambles and who doesn't.  It is a matter of seeing who succeeds and who loses everything from gambling. When one is happen of these two, it is easily revealed whether the person gambles or not
It is true that identifying people gambling through mobile is quite a difficult task. Because it is not possible to easily understand who is gambling or who is using normal games or facebook due to this gambling through apps or gambling websites. But being successful is really a matter of luck as in normal business people earn as a percentage of the money invested this is not the case in gambling. For the same amount of money many people win in the same game. Earning money is not a job here and many earn money by playing games on mobile phones only for fun and relaxation.

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September 09, 2023, 01:04:00 PM
 #462

With the development of the Internet and smartphones, the online gambling market in the world is growing stronger. This boom is due to the growing trend of digitalization and the loosening of regulations related to online gambling. Many countries have accepted the legalization of sports betting.
This development is so strong we can see that people will play it. Even all classes of society can easily access this gambling game.''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''

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September 09, 2023, 01:53:41 PM
 #463

With the development of the Internet and smartphones, the online gambling market in the world is growing stronger. This boom is due to the growing trend of digitalization and the loosening of regulations related to online gambling. Many countries have accepted the legalization of sports betting.
This development is so strong we can see that people will play it. Even all classes of society can easily access this gambling game.''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''
Yes, as long as there is internet, almost everyone in my country accesses anything online, such as online gambling using their cell phone, this encourages many online casinos to appear advertisements everywhere, even on social media, we find them and there is no prohibition on that, almost everyone accesses gambling. It's everywhere through social media, I think with the economy being a bit chaotic online casinos come in and give a lot of hope to people out there.

So far, what I have seen in the area where I live is that it really influences a lot of young people, this casino business industry is really tempting so that more and more new casinos are popping up every day offering bonuses to new users who join to gamble, I think the industry This casino is very big and influential, now almost all advertising platforms are full of gambling ads and we can't report and stop it, especially in my country, where it was previously illegal, now the government wants to legalize it and tax it.  Wink

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September 09, 2023, 03:44:26 PM
 #464

A big advantage of this is that gambling can be played through mobile phones and gambling sites for mobile phones are designed in a way that is very attractive. Anyone can easily gamble secretly through mobile phones. So it is natural that it will very difficult to understand who gambles and who does not. But it doesn't matter who gambles and who doesn't.  It is a matter of seeing who succeeds and who loses everything from gambling. When one is happen of these two, it is easily revealed whether the person gambles or not
It is true that identifying people gambling through mobile is quite a difficult task. Because it is not possible to easily understand who is gambling or who is using normal games or facebook due to this gambling through apps or gambling websites. But being successful is really a matter of luck as in normal business people earn as a percentage of the money invested this is not the case in gambling. For the same amount of money many people win in the same game. Earning money is not a job here and many earn money by playing games on mobile phones only for fun and relaxation.
And that is why it is not possible to accurately calculate how many people are involved in gambling. It can only be calculated by tracking the traffic of the gambling sites of the gambling sites but whether we know the exact data or not it must be admitted that the gambling industry is now really much bigger than we can imagine. New gambling sites are constantly coming in the market and they are doing business with huge amount of gambling.  So we have to admit that the gambling industry is huge and there are huge amount of gamblers available in the world


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September 09, 2023, 04:50:24 PM
 #465

With the development of the Internet and smartphones, the online gambling market in the world is growing stronger. This boom is due to the growing trend of digitalization and the loosening of regulations related to online gambling. Many countries have accepted the legalization of sports betting.
This development is so strong we can see that people will play it. Even all classes of society can easily access this gambling game.

Almost every app or sites especially the illegal one, you could always see pop-up advertisement about online gambling, by those simple ad there's no wonder online gambling are starting to increase espcially nowadays. Plus the convenience it gives and fun wherever you are as long as you are connected with the internet you could be big time winner or loser.

Quote

''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''


If every online gambling would mandatory have age limit like 18+ where they would be needing ID plus the face check if it's legit maybe it would decrease the numbers of minors gambling. There's a lot of negative effects of gambling to kids not only to money but to their behavior and mindset as well, cause most kids have the feeling of competitive and would eventually want to recover their losses and led to addiction.


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September 09, 2023, 05:05:00 PM
 #466


If every online gambling would mandatory have age limit like 18+ where they would be needing ID plus the face check if it's legit maybe it would decrease the numbers of minors gambling. There's a lot of negative effects of gambling to kids not only to money but to their behavior and mindset as well, cause most kids have the feeling of competitive and would eventually want to recover their losses and led to addiction.
Similar to how some countries have restrictions on alcohol for people under 24 due to addiction concerns, I would also suggest setting a 24-year age limit for gambling. However, it's important to consider that this might impact the economy, as the size of the gambling market can be significant for some countries.

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September 09, 2023, 05:05:25 PM
 #467

With the development of the Internet and smartphones, the online gambling market in the world is growing stronger. This boom is due to the growing trend of digitalization and the loosening of regulations related to online gambling. Many countries have accepted the legalization of sports betting.
This development is so strong we can see that people will play it. Even all classes of society can easily access this gambling game.

Almost every app or sites especially the illegal one, you could always see pop-up advertisement about online gambling, by those simple ad there's no wonder online gambling are starting to increase espcially nowadays. Plus the convenience it gives and fun wherever you are as long as you are connected with the internet you could be big time winner or loser.

Quote

''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''


If every online gambling would mandatory have age limit like 18+ where they would be needing ID plus the face check if it's legit maybe it would decrease the numbers of minors gambling. There's a lot of negative effects of gambling to kids not only to money but to their behavior and mindset as well, cause most kids have the feeling of competitive and would eventually want to recover their losses and led to addiction.


I agree, I think I have read it somewhere a  petition for the influencers to stop promoting gambling in the most accessible social media platform because it is easily to attract kids. Their script on screen are all the same and they want to gain more attention because they are showing their earning in every vlog they are showing that will really influence people to try it too in all ages.
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September 09, 2023, 05:10:30 PM
 #468

According to the statistics online gambling got a lot of response during covid because then all the people had to spend time inside the house so a lot of gambling was seen during this time. As I and some of my friends were heavily addicted to online gambling at that time. Actually online gambling can be played in privacy and you will be somewhat safe that even your family won't know. At this time mobile device is enough for online gambling and you can play gambling even in your alone time. It is really comfortable warmth that you can play online gambling anytime at in home.

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September 09, 2023, 05:33:16 PM
Last edit: September 09, 2023, 05:47:52 PM by Franctoshi
 #469

It's apparent that the availability of the Internet and mobile phones has helped speed up the rate of bettors globally.
For instance, in my area when there was less internet access and smartphones back then as compared to today, sometimes I used to miss placing my bets because of the time it would take me to locate or in search of a nearby sportsbook, but today the increasing number of smartphones users and easy internet access has relieved such difficultly and stress experience then and today one can book and places bets just from the comfort of his home.



Sports betting is getting the largest market share and more attention because we have more football enthusiasts across the world than we have in other areas of the gaming industry.

R


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September 09, 2023, 05:53:57 PM
 #470

With the development of the Internet and smartphones, the online gambling market in the world is growing stronger. This boom is due to the growing trend of digitalization and the loosening of regulations related to online gambling. Many countries have accepted the legalization of sports betting.
This development is so strong we can see that people will play it. Even all classes of society can easily access this gambling game.''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''
Yes, as long as there is internet, almost everyone in my country accesses anything online, such as online gambling using their cell phone, this encourages many online casinos to appear advertisements everywhere, even on social media, we find them and there is no prohibition on that, almost everyone accesses gambling. It's everywhere through social media, I think with the economy being a bit chaotic online casinos come in and give a lot of hope to people out there.

So far, what I have seen in the area where I live is that it really influences a lot of young people, this casino business industry is really tempting so that more and more new casinos are popping up every day offering bonuses to new users who join to gamble, I think the industry This casino is very big and influential, now almost all advertising platforms are full of gambling ads and we can't report and stop it, especially in my country, where it was previously illegal, now the government wants to legalize it and tax it.  Wink
Well, but we have to see the importance of all this, the internet is now a very powerful tool to monetize anything, ranging from marketing for any site and especially for casinos and sports betting platforms, for that reason it is Now the online casino has great relevance, of course I know many friends, generally friends who are 50-60 years old who do not change traditional physical casinos for online casinos, I believe that all of this they prefer those casinos because The simple fact is that they are not that good at using electronic platforms, they are not that good at technology, and that is the main reason for them not to participate in casinos, the only way is to sit with them, with a pencil and role so that they can write down and know the steps that have to be done, just so they learn so that they can play in online casinos, although for some of them they do not like all those processes, because they believe that they are going to lose money there, So it is a matter of things focusing more in the sense of technology.

So now the internet has made a lot of advantage over these sites, because on the internet anyone can enter and get any type of Information, many things can be done to be Able to access the best content that can be from casinos, games, sports betting, and so on. Through the communities, through the audiences of many, you can get a lot of traffic, and because of this , the Casino is becoming more popular and has quite a lot of acceptance worldwide, as it reaches places where they have never played in a casino in their lives. , and people to play to live the experience because they look for the way through crypto because to be able to have access to them, that is the Magic of this , the bad Thing is that some Casinos Prohibit some countries just for the I just belong to a List Where they don't Allow these Benefits nor do they Allow the use of the VPN , which is Very sad on the Part of these casinos, it's a Shame.

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September 09, 2023, 07:31:35 PM
 #471

-snip

The most important one in the online gambling industry is finding the legit one,it surely take some time to get the correct one.Some of the new gamblers are not ready to check the data of the website.The most important is checking their license number before starting use of their website and checking the owners history also the good option.Because you get clear by the two ways,So the money you are depositing to the website will be safer one.Some gamblers will use the money worth of 50-100 dollars for the test.But the gamblers should change this way of thinking and save that 50-100 dollars for the future.
regarding beginner gamblers who still do not know how to analyze whether a gambling site is legitimate or a scam, its actually very easy, just ask a friend or anyone who is more experienced in gambling and its very normal for beginner gamblers to still be confused about how to research a scam site or not because of the large amount of gambling nowadays. It always makes us worry about gambling scams and for those of us who are on this forum, we are very grateful to be able to choose a trusted gambling site that has been analyzed by trusted members and one of them is Stake.com, this is the biggest site that has had amazing developments.

IMO, for budget issues to try new gambling sites or beginner gamblers not need to use the amount of $50-$100 just $10-20 it will be safer and if we talk about better saving for the future I think it is already out of this gambling scenario because gambling is always recommended using cold money from the remaining daily needs.

..Stake.com..   ▄████████████████████████████████████▄
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September 09, 2023, 07:41:48 PM
 #472

regarding beginner gamblers who still do not know how to analyze whether a gambling site is legitimate or a scam, its actually very easy, just ask a friend or anyone who is more experienced in gambling and its very normal for beginner gamblers to still be confused about how to research a scam site or not because of the large amount of gambling nowadays. It always makes us worry about gambling scams and for those of us who are on this forum, we are very grateful to be able to choose a trusted gambling site that has been analyzed by trusted members and one of them is Stake.com, this is the biggest site that has had amazing developments.

IMO, for budget issues to try new gambling sites or beginner gamblers not need to use the amount of $50-$100 just $10-20 it will be safer and if we talk about better saving for the future I think it is already out of this gambling scenario because gambling is always recommended using cold money from the remaining daily needs.
I agree or better if you could share this forum to them as well. As what we can see, most of the well-known gambling sites that is about or related to crypto has an ANN thread here and if someone is still confuse about something we can post this in this forum and ask for feedback. There's a lot of new gambling site wherever I use any soc media platform. And we can say that it is bigger than before.
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September 10, 2023, 08:27:27 AM
 #473

regarding beginner gamblers who still do not know how to analyze whether a gambling site is legitimate or a scam, its actually very easy, just ask a friend or anyone who is more experienced in gambling and its very normal for beginner gamblers to still be confused about how to research a scam site or not because of the large amount of gambling nowadays. It always makes us worry about gambling scams and for those of us who are on this forum, we are very grateful to be able to choose a trusted gambling site that has been analyzed by trusted members and one of them is Stake.com, this is the biggest site that has had amazing developments.

IMO, for budget issues to try new gambling sites or beginner gamblers not need to use the amount of $50-$100 just $10-20 it will be safer and if we talk about better saving for the future I think it is already out of this gambling scenario because gambling is always recommended using cold money from the remaining daily needs.
I agree or better if you could share this forum to them as well. As what we can see, most of the well-known gambling sites that is about or related to crypto has an ANN thread here and if someone is still confuse about something we can post this in this forum and ask for feedback. There's a lot of new gambling site wherever I use any soc media platform. And we can say that it is bigger than before.

Sharing the forum will help them find related updates and information about the gambling site they wanted to use or if they have a concern about it, they can heck and post it here.

With the emerging technology, all platforms are now being used by business owners to attract
possible players to use their services, you can point them out here or you can point the socmed
that the business is using for addition information.
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September 10, 2023, 08:34:51 AM
 #474

It's apparent that the availability of the Internet and mobile phones has helped speed up the rate of bettors globally.
For instance, in my area when there was less internet access and smartphones back then as compared to today, sometimes I used to miss placing my bets because of the time it would take me to locate or in search of a nearby sportsbook, but today the increasing number of smartphones users and easy internet access has relieved such difficultly and stress experience then and today one can book and places bets just from the comfort of his home.


Sports betting is getting the largest market share and more attention because we have more football enthusiasts across the world than we have in other areas of the gaming industry.

With the use of cryptocurrencies and online casinos being accessed globally worldwide, the number of gambling users has increased world wide and this has made this industry a multi-million dollar one. Although I do not say that an increase in the gamblers means that they are actually gaining money or benefiting from it, The actual beneficious are the casino owners who are really making money from this industry.

Also the covid has also given a boost to this industry as during the covid times, only the online gambling industry was not disturbed, rather it gained the highest users in those times when people were free at home and they had nothing to do but gamble online.

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September 10, 2023, 12:59:33 PM
 #475


''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''


If every online gambling would mandatory have age limit like 18+ where they would be needing ID plus the face check if it's legit maybe it would decrease the numbers of minors gambling. There's a lot of negative effects of gambling to kids not only to money but to their behavior and mindset as well, cause most kids have the feeling of competitive and would eventually want to recover their losses and led to addiction.


I agree, I think I have read it somewhere a  petition for the influencers to stop promoting gambling in the most accessible social media platform because it is easily to attract kids. Their script on screen are all the same and they want to gain more attention because they are showing their earning in every vlog they are showing that will really influence people to try it too in all ages.

I think the legalization of gambling websites needs to be considered and implemented under a strict management system. After all, the more banned, the more players there are. Even children can play. By applying it to legal practice, we can manage children. If we cannot control them, children's consciousness cannot know the harmful effects of gambling addiction. I believe this will lead the younger generation to a dead end. Children will become addicted and lose their future. This is alarming when the gambling industry is so developed and legal management is so lax.

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September 10, 2023, 07:10:57 PM
 #476

regarding beginner gamblers who still do not know how to analyze whether a gambling site is legitimate or a scam, its actually very easy, just ask a friend or anyone who is more experienced in gambling and its very normal for beginner gamblers to still be confused about how to research a scam site or not because of the large amount of gambling nowadays. It always makes us worry about gambling scams and for those of us who are on this forum, we are very grateful to be able to choose a trusted gambling site that has been analyzed by trusted members and one of them is Stake.com, this is the biggest site that has had amazing developments.

IMO, for budget issues to try new gambling sites or beginner gamblers not need to use the amount of $50-$100 just $10-20 it will be safer and if we talk about better saving for the future I think it is already out of this gambling scenario because gambling is always recommended using cold money from the remaining daily needs.
I agree or better if you could share this forum to them as well. As what we can see, most of the well-known gambling sites that is about or related to crypto has an ANN thread here and if someone is still confuse about something we can post this in this forum and ask for feedback. There's a lot of new gambling site wherever I use any soc media platform. And we can say that it is bigger than before.
If I were to give advice or share gambling on this forum with them I think it would be a bit difficult or maybe I would not do it. the reason I say this is because there are 2 reasons and the first reason is that there are a lot of gamblers around me, especially slot gamblers and they find it difficult to accept betting using crypto but prefer to use fiat and the second reason is I not want to be blamed if anything happens when they try to gamble on the site casinos on fi forums then experience defeat and when they get emotional they will blame someone usually like that so I do not want to share with people around me regarding crypto gambling on forums.

even so, it seems like there are a lot of people on this forum who have tried to share online gambling on this forum which is spread via social media and I am also sure that as technology becomes more sophisticated, online gambling will continue to increase.

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Westinhome
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September 11, 2023, 05:59:15 PM
 #477


If I were to give advice or share gambling on this forum with them I think it would be a bit difficult or maybe I would not do it. the reason I say this is because there are 2 reasons and the first reason is that there are a lot of gamblers around me, especially slot gamblers and they find it difficult to accept betting using crypto but prefer to use fiat and the second reason is I not want to be blamed if anything happens when they try to gamble on the site casinos on fi forums then experience defeat and when they get emotional they will blame someone usually like that so I do not want to share with people around me regarding crypto gambling on forums.

even so, it seems like there are a lot of people on this forum who have tried to share online gambling on this forum which is spread via social media and I am also sure that as technology becomes more sophisticated, online gambling will continue to increase.

If you analysis the Stake casino,you can understand the exact growth of the online casino.The Stake had billion of dollars and top most casino in the world for now.Last week some hack of 40 million dollars was occurred in the Stake,but in few hours they proved their power and get back from the hack and retrieve their wallets.On the next day the stake had paid their campaign participants without fail.This was the legitimacy of the Stake as compared to other casino.If any other casino get hacked,they will use this opportunity and fly with the res of the money.They not even pay the workers after the hacking.But the Stake had paid all their signature campaign participants without any few minutes delay.Other casino should take stake as example and need to grow to the extreme.

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September 11, 2023, 07:31:27 PM
 #478


''I saw a child using a phone to gamble. Will this be a harmful effect worth reporting?''


If every online gambling would mandatory have age limit like 18+ where they would be needing ID plus the face check if it's legit maybe it would decrease the numbers of minors gambling. There's a lot of negative effects of gambling to kids not only to money but to their behavior and mindset as well, cause most kids have the feeling of competitive and would eventually want to recover their losses and led to addiction.


I agree, I think I have read it somewhere a  petition for the influencers to stop promoting gambling in the most accessible social media platform because it is easily to attract kids. Their script on screen are all the same and they want to gain more attention because they are showing their earning in every vlog they are showing that will really influence people to try it too in all ages.

I think the legalization of gambling websites needs to be considered and implemented under a strict management system. After all, the more banned, the more players there are. Even children can play. By applying it to legal practice, we can manage children. If we cannot control them, children's consciousness cannot know the harmful effects of gambling addiction. I believe this will lead the younger generation to a dead end. Children will become addicted and lose their future. This is alarming when the gambling industry is so developed and legal management is so lax.

The mine sweeper game is not meant for gambling but it is now today. If a kid finds out they can make money with it, no doubt he will try it with the very little money he has.
The gambling industry is not done expanding.  It's gonna get bigger and bigger while we are going digital. The games that we just used to enjoy on PlayStation might just get involved in gambling one day since developers of those games are also getting into crypto.

Tekken (street fight game) was one of the games I used to play and over time without betting it gets boring. I won't be surprised if there is a version of it in the future where we can login to such game and bet.


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September 11, 2023, 08:39:00 PM
 #479

I think the legalization of gambling websites needs to be considered and implemented under a strict management system. After all, the more banned, the more players there are. Even children can play. By applying it to legal practice, we can manage children. If we cannot control them, children's consciousness cannot know the harmful effects of gambling addiction. I believe this will lead the younger generation to a dead end. Children will become addicted and lose their future. This is alarming when the gambling industry is so developed and legal management is so lax.
Through the history of the world if there was one thing that does not work to stop people from engaging in an activity is to ban it, and if anything this increases the desire people have of it as now it is even more attractive precisely because it is illegal, so if we want to avoid that minors gamble the best way to do so is by the implementation of regulations which legal casinos must follow, this way you get the best of both worlds, you reduce gambling on minors as much as possible, while at the same time you make an industry legal which generates enormous amounts of taxes.

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September 14, 2023, 02:44:25 AM
 #480

I think the legalization of gambling websites needs to be considered and implemented under a strict management system. After all, the more banned, the more players there are. Even children can play. By applying it to legal practice, we can manage children. If we cannot control them, children's consciousness cannot know the harmful effects of gambling addiction. I believe this will lead the younger generation to a dead end. Children will become addicted and lose their future. This is alarming when the gambling industry is so developed and legal management is so lax.
Through the history of the world if there was one thing that does not work to stop people from engaging in an activity is to ban it, and if anything this increases the desire people have of it as now it is even more attractive precisely because it is illegal, so if we want to avoid that minors gamble the best way to do so is by the implementation of regulations which legal casinos must follow, this way you get the best of both worlds, you reduce gambling on minors as much as possible, while at the same time you make an industry legal which generates enormous amounts of taxes.

Yeah, that way you help both sides avoid minors to get an early addiction while providing additional income coming from the tax that there
government will implement when a legal casino applies for the permits.

We will continue to see more updates and more developments coming from this industry as more and
more people are already engaged with gambling, legalizing will help in terms of controlling the situations
especially with rules for minors to play.
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