Over the years, casinos and gambling have grown in popularity. Land-based casinos were popular in themselves, seeing millions of visitors frequent such venues around the world. However, it wasn’t until the advent of online casinos that the true growth in the gaming world has been seen. Since the development of online casinos, more and more players have been flocking to online sites to meet their gaming needs, and this trend doesn’t appear to be slowing down any time soon. Keep reading to find out about this meteoric rise.
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Out with the old, in with the new
While land-based casinos have always been popular, it wasn’t until the arrival of online games and sites that the gaming industry really took off. While people could visit a range of casinos, including various Irish casino options, often people lived too far away, making it an expensive trip. Being able to access the same games online simply made everything easier. Once this happened, then the market was able to grow and offer more and more features, games and bonuses to those who chose to play online.
One of the aspects that has helped this industry to grow is the increase in revenue. With more people joining up, more money is flooding into the market. Having access to more money means that casino sites are able to offer bigger and better bonuses, a higher quality of games, better services and so on. In turn, this draws in more players and so the circle continues. Add to this the continued development of technology and the arrival of smartphones and the growth online has accelerated rapidly.
Accessibility and the mobile platform
The use of smartphones has definitely sped up the growth of the online gaming industry, but so has the increased availability of fast internet. These factors have combined to ensure that players are able to get easy access to their games of choice with little to no lag time. In fact, nowadays, 80% of online gamers are on mobile devices, highlighting the importance of sites that are mobile optimised or even offer dedicated mobile apps for players to download and access the games. Convenience is key at this time.
Online gaming laws
The growth in online gambling does depend on the country the player resides in though. As the industry has grown, governments around the world have placed rules and regulations on what can and cannot be done. Some of these are very restrictive, such as in the US. Other countries use strict legislation to allow players to enjoy the online gaming world while providing them with a safe and secure environment in which to do so. With more regulation, there’s less chance for players to fall foul of a scam, encouraging more players to join the fun.
Improved technology and game options
In very recent years, technology has played a massive part in pushing the online gaming world forward. New technical innovations are coming all the time. First there were live games, providing a more real and interactive experience across a wide range of table games. Now, online casinos are moving toward providing virtual or augmented reality games, taking levels of game immersion higher than ever before. With these experiences being offered to players, more and more people are signing up to see what all the fuss is about.
Current day issues
The need for online entertainment has never been clearer than right now. While the online gaming industry has been steadily growing around the world, this year in particular has seen an even bigger leap. Due to global lockdown restrictions, land-based casino closures and so on, more and more players have been signing up to online casinos to get their daily fix of gaming. In fact, the online casino market has seen an impressive 13.2% growth from 2019 to 2020 and most of this is due to Covid-19!
This year has truly highlighted how easy it is for people to access activities online, and how important it is. Even without this massive surge in online gaming – specific to this year – the industry is on the rise. So much so that experts predict the industry will continue to gain traction from now until 2027, with this rise partially attributed to the increased use of mobile devices, higher levels of security online and the wider availability of digital currency. All that needs to happen now is that these sites continue to move with the times.