According to Juniper Research, new positive regulation and more uptake in digital products is driving a surge in online gambling, and it will reach a total of $1 trillion globally by 2022. There are many reasons why gamblers around the world are choosing to play at online casinos.
Online casinos drive innovation
Online gambling has come a long way since it first began, aided by new technology. New channels, like chatbots, deliver personalized offers and provide 24/7 service to customers. AR and VR immerse games intro an entire new world and 5G network helps them stream games uninterruptedly and at a faster speed.
The use of blockchain technology and cryptocurrency in casinos has enabled safer and faster transactions across the globe. Improved security through facial recognition system has further bolstered the online casino popularity on mobile devices.
Increasingly engaging offers are driving user adoption and player spending. Playing at an online casino real money can be made and players can receive instant payouts.
Pennsylvania legalized online gambling in late 2017 and Parx Casino is one of the online casinos driving innovation with its attractive offers to new players and much more.
In the U.S. the economy has taken a knock and states are looking to the revenue that online gambling can provide. The US economy in 2021 could be more sustainable and resilient than in 2020.
Online casinos means convenience
Convenience is probably one of the main reasons people choose to play at online casinos. Using their smartphones, they can gamble from the comfort of their couch at home and at any time of the day. Technological advances mean that graphics and sound are advanced enough to give players a thrilling experience without having to expend the time or spend money getting to a brick-and-mortar casino.
It may be profitable to think about starting a business related to the online casino industry because it is growing so strongly. It is still important to do due diligence, however, in order to find out more about the chances of success.
Online casinos offer versatility and safety
With the simple click of a button, it is possible to try out a wide variety of different games, such as slots, blackjack, roulette and video poker.
The latest encryption technology means that players’ financial and personal information is protected and they can play in safety without having to worry.
Online casinos are user-friendly
It can be quite difficult to learn how to play casino games at a brick-and-mortar casino. There is noise, plenty of distraction and other players to contend with. Online casinos are providing user-friendly platforms that make it easy for new players and they can even watch video tutorials to learn how to play games.