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Author Topic: How Big is the online gambling industry today?  (Read 3227 times)
KTChampions
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June 23, 2023, 06:13:56 PM
 #281

New casinos that want to get the attention of gamblers must be able to provide attractive promos. New casinos should look at what has become a trend and follow it or modify it according to conditions in the casino if necessary. By making offers or trying to be communicative with potential members or with members, the casino can slowly gain its position. And if the service from the casino can be continuously improved, the casino can increase its reputation. This makes the gambling industry grow because each casino can provide something different from other casinos. But new casinos must understand that competition in the gambling business is fierce and each casino wants a lot of profit.

For a player, joining a new casino is always a risk, so new projects should have really attractive bonuses for players at the initial stage. Therefore, the threshold for entering this business is quite high - in order to gain a player base, you first need to make large investments both in the project itself and in advertising. As for the differences between casinos, I did not notice this - the set of games and services is almost the same everywhere.

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June 23, 2023, 07:23:01 PM
 #282

New casinos can come with various innovations, especially to attract more members. But that doesn't mean we don't need to be careful. However, we must be more careful because we need to know how innovation can benefit us or the casino. New casinos are looking to grow and our job is to ensure they can get a good position in the gambling industry. And looking for reviews from this forum can help us decide whether to play at the casino or are still waiting for more reviews. I don't trust reviews from outside sites and trust the reviews I found on this forum more because this forum already has many trusted members. Many of them are veterans in the gambling industry and also experienced so they can provide valid reviews about new casinos.
there are new casino sites that appear every day but they fail to get a lot of customers because the innovations given do not give us confidence and look like a scam so many gamblers don't want to register there.
new gambling sites that want to join the gambling industry and be successful at least they provide attractive offers and any promotions that can make customers feel comfortable with these promotions. so that new casinos can compete in the gambling industry with old casinos and slowly become popular.

but all that is not easy for new casinos because they at least have to have a slightly large amount of money to be able to compete in the world of gambling.
New casinos that want to get the attention of gamblers must be able to provide attractive promos. New casinos should look at what has become a trend and follow it or modify it according to conditions in the casino if necessary. By making offers or trying to be communicative with potential members or with members, the casino can slowly gain its position. And if the service from the casino can be continuously improved, the casino can increase its reputation. This makes the gambling industry grow because each casino can provide something different from other casinos. But new casinos must understand that competition in the gambling business is fierce and each casino wants a lot of profit.
Indeed, your proposition for emerging casinos to gain momentum holds water. Promotions, trend-awareness, and adaptability are crucial in such a cut-throat milieu. Yet, the inherent character of the gambling industry itself calls for careful contemplation

All trends may not resonate with a casino's target market or brand vision, making trend-chasing potentially fruitless. Opting for data-backed choices and unearthing niche segments might foster enduring growth.

A relentless drive for service excellence is noteworthy, but service quality is often a given, not a distinctive factor. New casinos need a value proposition that syncs with their brand ethos and audience needs. Sustainable profits hinge on strategic execution beyond mere trend pursuit and service enhancements.

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June 23, 2023, 08:41:50 PM
 #283

I periodically read articles on statistics, and I will share with you that 7 times more people play in an online casino than in a real casino: in bars, hotels and gambling establishments. This clearly shows that people do not need bright lights and halls, they do not need performances of stars or a sense of celebration from coming to the game room. They just want to get a chance to win and some kind of interface from this casino.
And this is a frightening statistic, since a lot of people came to the casino just because the casino became online. And they would never have gone to play if it had continued to exist only in reality.
Excess of everything is frightening, it is not online gambling that is frightening but it is the addiction that people get into and then refuse to get out of their houses for months only because they are gambling, that can be bad for one's health, both mental and physical. One should get out, get some fresh air, roam around with friends, spend some time with the family in the evening, and do all sorts of things that a normal human being should do.

But when someone gets addicted to gambling, especially if it's online gambling, they forget about all these things and always sticks to gambling and they start staying at home more often than before only because of it, and that if increases with time is surely frightening.

We humans are still very much influenced by metabolic factors. After all, our body is essentially a chemical reaction. What happens to someone who stayed at home for online gambling? Dopamine, which is responsible for achieving the goal, is not fully produced, because the goal is constantly slipping away. Oxytocin is almost not produced, because it requires communication with other people, and not a minute, but hours of live communication! Endorphin, which can be obtained during physical training, is obviously not produced either. All this has a detrimental effect on the psyche. Setting goals in gambling and evaluating the chances in the game.

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June 23, 2023, 08:47:25 PM
 #284

Before making a final decision for the use of a particular casino, we should ensire to make a serious research about them to know and have the knowledge about whom they were, what record do they have convincing enough for us to take as reason why we should stick to them alone, many individuals and organizations are now creating new casinos for business, some already had a track record of good, some bad while some were just setting in for the very first time, we must have interest in getting every required and necessary informations about these platforms before hand.

This is right.

It's our responsibility to check whether a casino is to be trusted or not. It's good to ask people for their opinions and suggestions, but nothing beats finding the needed information by yourself. Researching is very much needed if you don't want to be fooled by paid advertisements and shilling. You have to find the right casino for you based on your collective experience, research, and from the advices people who have experienced certain situations, mostly unfavorable ones, so that you won't also stumble upon the same misfortune of not knowing better.

There is no point that comes close to this, as a gambler that is willing to take risk, he should be ready to take care of his bets and account balance, the responsibility is to gamble wisely and it's another thing to protect what you use in gambling and the game that you have. When a casino doesn't have good reputation, they can manipulate result and give you fake one, they can give you wrong outcome and always win, this is why it's advisable to do reputation research if the casino is clean and they don't meddle with players money, and also don't have the history of doing tricks to gamblers money.

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June 23, 2023, 10:39:08 PM
 #285

 It's very interesting how the Internet has made gambling very popular are easy to access, because currently distance cannot be a barrier to it cause many people around the world can easily log into different bookies site and gamble at the comfort of their home we also know that sport formal used for entertainment is now a avenue to gamble and make predictions and gambling very popular because a lot of different sport fans are willing make  predictions when there teams are going against another, its won't be a thing of suprise anymore to know that ⅓ of the worlds population or more are influenced into gambling through sports like football, Ruby, basketball and so on.

 
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June 23, 2023, 10:55:22 PM
 #286

Covid-19 pandemic fueled the rate of online gambling because most person were with their smartphone locked down idle at home. There was no way people will stay idle without having fun,this made so many people went into online gambling the more and after they saw the easy accessibility and company it gives,they never want to stop. The rate of which people gamble is increasing annually, so this information isn't a surprise to me. Smartphone has contributed a lot to the increase of online gambling because it is more convenient and can be accessible anywhere and  anytime,without showing concern of the person you are with. Gambling is part of the world daily activities and more people are getting involved in it everyday by day with the help of online casinos

I agree with your statement.

With the pandemic happening, it not only proved that jobs can be accessed in an online environment but also services. It pivoted and shifted the focus in an online and satellite scale where almost all businesses are attempting to create services available. The pandemic proved that online gambling is more convenient than visiting a physical casino, which poses more risk and problems with the gambler.

Though this may be the case, visiting a physical casino is still not obsolete despite the resurgence of online gambling. In fact, lots of physical casinos have been developing more and more games and improvements to their services in order to compete with this kind of platform.
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June 23, 2023, 11:15:49 PM
 #287


According to the articles shared, sports betting will have the highest market gain in the next few years.
What do you think?

Online gamblingm and the gambling industry is expanding rapidly all over the world. With online gambling people can watch live streams of gambling activities on their phones and place bets directly through mobile apps from the comfort of their homes. In the US, the emergence of online gambling can be attributed to a significant event in 2018 when the Supreme Court passed a bill that lifted the ban on sports gambling across all states in the US. During the past two years, the COVID-19 pandemic has further accelerated the growth of the online gambling industry in the US. As physical casinos in Las Vegas were forced to shut down due to the pandemic, many gamblers turned to online gambling platforms as an alternative. This shift in behavior has not been limited to the US alone, as online gambling has become a profitable source of tax revenue globally, offering short-term financial benefits and showing signs of continued expansion.

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June 23, 2023, 11:28:45 PM
 #288

One among the industry that experienced a big rise in the market out of COVID is the gambling industry. During the time of COVID people were shut within their homes. Those moments helped the online gambling platforms to attract them and find whether they're lucky enough to win something. Those participants now continue to be regular gamblers. Apart, the technology have been very supportive with the development of different advancement in gambling. How good this gonna be is unknown, but heavy investment from the leading ventures were taking place to grab the gambling market.
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June 24, 2023, 04:48:00 AM
 #289

New casinos can come with various innovations, especially to attract more members. But that doesn't mean we don't need to be careful. However, we must be more careful because we need to know how innovation can benefit us or the casino. New casinos are looking to grow and our job is to ensure they can get a good position in the gambling industry. And looking for reviews from this forum can help us decide whether to play at the casino or are still waiting for more reviews. I don't trust reviews from outside sites and trust the reviews I found on this forum more because this forum already has many trusted members. Many of them are veterans in the gambling industry and also experienced so they can provide valid reviews about new casinos.
there are new casino sites that appear every day but they fail to get a lot of customers because the innovations given do not give us confidence and look like a scam so many gamblers don't want to register there.
new gambling sites that want to join the gambling industry and be successful at least they provide attractive offers and any promotions that can make customers feel comfortable with these promotions. so that new casinos can compete in the gambling industry with old casinos and slowly become popular.

but all that is not easy for new casinos because they at least have to have a slightly large amount of money to be able to compete in the world of gambling.
New casinos that want to get the attention of gamblers must be able to provide attractive promos. New casinos should look at what has become a trend and follow it or modify it according to conditions in the casino if necessary. By making offers or trying to be communicative with potential members or with members, the casino can slowly gain its position. And if the service from the casino can be continuously improved, the casino can increase its reputation. This makes the gambling industry grow because each casino can provide something different from other casinos. But new casinos must understand that competition in the gambling business is fierce and each casino wants a lot of profit.
of course, when it comes to what is currently trending in the world of gambling, I think every gambling will automatically follow these trends to continue to develop and compete with other gambling. but the problem here is that new gambling will be unable to compete with old gambling and on the other hand every day we will always see new gambling always come up with dancing innovations but they fail to compete.
I admit that the development of the gambling industry is very large at this time, almost every day we always see new casinos appearing and with some attractive offers that can make gamblers interested in registering and developing this business.
but my worry is that when the gambling industry develops, there will be lots of new gambling scams that deceive many customers and this will reduce the number of online gambling enthusiasts.

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Doan9269
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June 24, 2023, 05:00:14 AM
 #290

It's very interesting how the Internet has made gambling very popular are easy to access, because currently distance cannot be a barrier to it cause many people around the world can easily log into different bookies site and gamble at the comfort of their home we also know that sport formal used for entertainment is now a avenue to gamble and make predictions and gambling very popular because a lot of different sport fans are willing make  predictions when there teams are going against another, its won't be a thing of suprise anymore to know that ⅓ of the worlds population or more are influenced into gambling through sports like football, Ruby, basketball and so on.

The advancement of the internet or let me say online gambling has made it more a widespread opportunities for people to have access to gambling regardless of their location or whereabouts as long as they can have a medium to access the internet and gambles, also the online gambling platform have also made it in a simplified way to register and get enrolled for online gambling with just few requirements needed which i believe are affordable enough to give while at the point of registration.

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June 24, 2023, 05:03:15 AM
 #291

One among the industry that experienced a big rise in the market out of COVID is the gambling industry. During the time of COVID people were shut within their homes. Those moments helped the online gambling platforms to attract them and find whether they're lucky enough to win something. Those participants now continue to be regular gamblers. Apart, the technology have been very supportive with the development of different advancement in gambling. How good this gonna be is unknown, but heavy investment from the leading ventures were taking place to grab the gambling market.

COVID has indeed made the gambling industry experience a significant increase, because not only do people need entertainment in their homes, but they need income and most of these new gamblers think that gambling is one of the fastest and easiest sources of income. Because by only going through their device, they can access various games on the online casino platform and if they are lucky they can get the jackpot which can help them financially during this difficult COVID period. But the fact is that most of them lose and eventually leave online gambling.

R


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June 24, 2023, 06:46:19 AM
 #292

One among the industry that experienced a big rise in the market out of COVID is the gambling industry. During the time of COVID people were shut within their homes. Those moments helped the online gambling platforms to attract them and find whether they're lucky enough to win something. Those participants now continue to be regular gamblers. Apart, the technology have been very supportive with the development of different advancement in gambling. How good this gonna be is unknown, but heavy investment from the leading ventures were taking place to grab the gambling market.
Gambling is widely prevalent, and the number of people who gamble is expanding on a regular routine. It is important that we understand when to gamble and when not to gamble. There is competent traffic generated by online gambling, and looking at the staggering figure will only keep one's mind acquainted with gambling activities. A lot of people anticipate actively in gambling, it was one of the most visited sites during the pandemic, people became bored at home and needed something to do in order to keep busy, some even go as far as becoming gambling addicts, while others maintained their daily gambling activities. 

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June 24, 2023, 08:04:18 AM
 #293

For a player, joining a new casino is always a risk, so new projects should have really attractive bonuses for players at the initial stage. Therefore, the threshold for entering this business is quite high - in order to gain a player base, you first need to make large investments both in the project itself and in advertising. As for the differences between casinos, I did not notice this - the set of games and services is almost the same everywhere.
We should stay away from the risk by keeping a close eye on the new casino and always looking for more information so we can keep abreast of developments. A new casino providing the best for its members can develop into one of the recommended casinos. And also, the casino will go according to plan so the casino can be big. A new casino must do a lot if it wants to expand its business because the gambling business has grown so large that new casinos must always be able to adapt to existing conditions. The most important thing is that a new casino should have a clear plan and be able to move it slowly and new casino owners should know that there is no rush to chase profits. Profits will come when they succeed in satisfying their customers.

Indeed, your proposition for emerging casinos to gain momentum holds water. Promotions, trend-awareness, and adaptability are crucial in such a cut-throat milieu. Yet, the inherent character of the gambling industry itself calls for careful contemplation

All trends may not resonate with a casino's target market or brand vision, making trend-chasing potentially fruitless. Opting for data-backed choices and unearthing niche segments might foster enduring growth.

A relentless drive for service excellence is noteworthy, but service quality is often a given, not a distinctive factor. New casinos need a value proposition that syncs with their brand ethos and audience needs. Sustainable profits hinge on strategic execution beyond mere trend pursuit and service enhancements.
There is no need to chase or follow existing trends but try to innovate from existing trends to create something different from what already exists. That can make people curious and they will try to join the casino while trying to play there. If the casino can provide attractive promotions to its members, the casino will get more members to play there. Members are looking for satisfaction, and as long as the casino can provide it, they are sure to return for more.

This is where service quality is needed so that it can provide something that makes its members return for more. And it's only time for the casinos to thrive and benefit from the players.

of course, when it comes to what is currently trending in the world of gambling, I think every gambling will automatically follow these trends to continue to develop and compete with other gambling. but the problem here is that new gambling will be unable to compete with old gambling and on the other hand every day we will always see new gambling always come up with dancing innovations but they fail to compete.
I admit that the development of the gambling industry is very large at this time, almost every day we always see new casinos appearing and with some attractive offers that can make gamblers interested in registering and developing this business.
but my worry is that when the gambling industry develops, there will be lots of new gambling scams that deceive many customers and this will reduce the number of online gambling enthusiasts.
New casinos can compete with old casinos, depending on how they can provide satisfaction to their members. The innovation provided by the new casino will provide something different from other casinos so that it can make people curious. And when people are curious and visit the new casino and make them want to play longer, that will be a new chapter begins for the new casino. And if the new casino can satisfy its new members, maybe many people will move to the new casino because the new casino service is better than the old one. Competition between new and old casinos is getting tougher and only casinos that can really give satisfaction to their members can survive.

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June 24, 2023, 10:20:47 AM
 #294

One among the industry that experienced a big rise in the market out of COVID is the gambling industry. During the time of COVID people were shut within their homes. Those moments helped the online gambling platforms to attract them and find whether they're lucky enough to win something. Those participants now continue to be regular gamblers. Apart, the technology have been very supportive with the development of different advancement in gambling. How good this gonna be is unknown, but heavy investment from the leading ventures were taking place to grab the gambling market.
Changes globally where everything is digital and online make everything related to the internet growing rapidly, so online gambling sees an opportunity to provide facilities to gamblers who are used to coming to land-based casinos and betting agents in their area by simply using an internet connection and already can carry out gambling activities at home, what's more, interesting is that only one site has provided many gambling options so there are no more obstacles to gambling, and the development of online gambling is getting bigger because with a small minimum deposit applied by gambling sites make people who have funds limited can still start gambling.
And it seems that currently land-based casinos are only used for gamblers who also want to enjoy holidays and entertainment, and for daily gambling activities will use online gambling.

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June 24, 2023, 10:07:59 PM
 #295

It's very interesting how the Internet has made gambling very popular are easy to access, because currently distance cannot be a barrier to it cause many people around the world can easily log into different bookies site and gamble at the comfort of their home we also know that sport formal used for entertainment is now a avenue to gamble and make predictions and gambling very popular because a lot of different sport fans are willing make  predictions when there teams are going against another, its won't be a thing of suprise anymore to know that ⅓ of the worlds population or more are influenced into gambling through sports like football, Ruby, basketball and so on.

with the appearance of online casinos everything became much easier for people, nowadays people have the opportunity to bet on top leagues such as the premier league, la liga, serie A, liga1, bundesliga, NBA, UFC. so that makes a person even afford the luxury of going to the field to follow the game live and pick up their smartphone and bet on the team that is playing at that very moment, so this is something that was impossible many years ago when only physical casinos existed, while physical casinos can give people the pleasure of living with other people, having the opportunity to make people see beautiful women, play against other people

in online casinos people can afford to play at any day and time, this is a great advantage, but it can also be a big problem as it makes many people play a lot and cannot stop playing and how as a result, people will be addicted to gambling more often, technology is undoubtedly a very good thing, but unfortunately it can also harm a lot if people do not know how to use technology, I think that the fact that people can be able to play any day, and the biggest advantage of online casinos over land-based casinos

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June 27, 2023, 07:23:02 PM
 #296

One among the industry that experienced a big rise in the market out of COVID is the gambling industry. During the time of COVID people were shut within their homes. Those moments helped the online gambling platforms to attract them and find whether they're lucky enough to win something. Those participants now continue to be regular gamblers. Apart, the technology have been very supportive with the development of different advancement in gambling. How good this gonna be is unknown, but heavy investment from the leading ventures were taking place to grab the gambling market.
Gambling is widely prevalent, and the number of people who gamble is expanding on a regular routine. It is important that we understand when to gamble and when not to gamble. There is competent traffic generated by online gambling, and looking at the staggering figure will only keep one's mind acquainted with gambling activities. A lot of people anticipate actively in gambling, it was one of the most visited sites during the pandemic, people became bored at home and needed something to do in order to keep busy, some even go as far as becoming gambling addicts, while others maintained their daily gambling activities. 
While there was already a trend for business to move online, the pandemic accelerated this trend to incredibly levels, now this was booth good and bad, for those which already had put their business online this helped them to multiply their profits, but for those that had not done so this was terrible as their profits dwindled significantly and they had no budget to move online, so many businesses went bankrupt at the time due to the pandemic.
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June 29, 2023, 10:18:23 AM
 #297

Just like gambling is risky without personal documents, doing kyc on all sites is also very risky. So we need to be careful in all cases  If not, problem is certain. It is not possible to do anything good in negligence. So it is foolish to think that we can be completely safe in any case. it is impossible to be completely safe especially when it comes to gambling
Yes, that's correct. We have to be careful when gambling because we have seen a lot of scam casinos out there, so we don't need to try it, especially if we already know that the casino has been a scam for a long time. We must have a list of trusted casinos that we can use for gambling so that we will not be tempted to move to a casino we are unfamiliar with. And if we want to do KYC, we have to ensure the casino is trusted and can take good care of personal documents. And we already have those trusted casinos in this forum to help us stay away from scam casinos.
It is actually safe to gamble anonymously. I know there are still legit casinos out there who demands a KYC but many things could go wrong. It's better to be paranoid than regret later on. There are some casinos which are said to be a scam but still operating. It's crazy but maybe some people still test them out only to prove the statements of the others. If in case they haven't been victimized, I will still not be confident. It could be that the said casino are only doing a selective scamming and maybe they only target gamblers with huge deposits.

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We must have a list of trusted casinos
Maybe this should help you: https://bitcointalk.org/index.php?topic=5396543.0
It's not a list but it's only a normal thread though I see that some replies there are informative.
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June 29, 2023, 12:38:18 PM
 #298

COVID has indeed made the gambling industry experience a significant increase, because not only do people need entertainment in their homes, but they need income and most of these new gamblers think that gambling is one of the fastest and easiest sources of income. Because by only going through their device, they can access various games on the online casino platform and if they are lucky they can get the jackpot which can help them financially during this difficult COVID period. But the fact is that most of them lose and eventually leave online gambling.

This is indeed one of the reasons why we have huge lists of online gambling today and others that don't have permits to operate, especially in our country, are luring kids into playing. also, some students spend their allowance on this new era of online gambling. They don't care about their users and they just want to earn money from these poor guys that don't seem to care about their situations. Back then, students only play a small amount of money just, merely killing time, but now they are making thousands, that's why they can easily recruit others to play as well. This is not good at all because of no restrictions.

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June 29, 2023, 01:15:55 PM
 #299

There is no need to chase or follow existing trends but try to innovate from existing trends to create something different from what already exists. That can make people curious and they will try to join the casino while trying to play there. If the casino can provide attractive promotions to its members, the casino will get more members to play there. Members are looking for satisfaction, and as long as the casino can provide it, they are sure to return for more.

This is where service quality is needed so that it can provide something that makes its members return for more. And it's only time for the casinos to thrive and benefit from the players.
Attractive promotions can indeed have a higher curiosity effect so that gamblers want to try playing at the casino, but not all gamblers will be interested just because of promotions and most gamblers are looking for casinos that can provide good service and also low costs.
Promotions will only attract new users, while loyal customers will survive because the service is according to their wishes.
Yes, service can be a distinct advantage and can compete with other casinos in the gambling industry, considering that service is the main factor, gamblers can always deposit a generous amount of money to continue betting.

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June 29, 2023, 01:25:40 PM
 #300

COVID has indeed made the gambling industry experience a significant increase, because not only do people need entertainment in their homes, but they need income and most of these new gamblers think that gambling is one of the fastest and easiest sources of income. Because by only going through their device, they can access various games on the online casino platform and if they are lucky they can get the jackpot which can help them financially during this difficult COVID period. But the fact is that most of them lose and eventually leave online gambling.

This is indeed one of the reasons why we have huge lists of online gambling today and others that don't have permits to operate, especially in our country, are luring kids into playing. also, some students spend their allowance on this new era of online gambling. They don't care about their users and they just want to earn money from these poor guys that don't seem to care about their situations. Back then, students only play a small amount of money just, merely killing time, but now they are making thousands, that's why they can easily recruit others to play as well. This is not good at all because of no restrictions.

COVID can indeed be the reason why everyone is into online gambling. What I found is that rather than going into fiat online casinos more and more gamblers and newbies are exploring crypto online casinos. We can see it right here on the Gambling board. On average I think we would see a new ANN from a crypto casino in a month. Some of them would invest in marketing within the forum by organizing a signature campaign and others would offer a lot of bonuses and special signing bonuses. The way it looks now I feel online gambling and especially crypto gambling would become a big business in a few year's time now.
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