• Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Archives
    Archives Contains a list of blog posts that were created previously.
  • Login
    Login Login form

Good growth in the world of online gambling

Posted by on in News
  • Font size: Larger Smaller
  • Hits: 1219
  • 0 Comments
  • Subscribe to this entry

b2ap3_thumbnail_Online-Gambling.pngThe world of online gambling is in its heydays and will not be slowing down any time soon. Online gambling took off in the early 21st Century. The industry has grown from $10-13 billion to a staggering $41.4 billion as at 2015. $41 billion is a fraction of the $360 billion that the land-based casinos are worth.

Online casinos and sportsbooks have hampered a great deal to the brick and mortar revenue. A huge amount of these revenues from the brick and mortar casinos is from US-based casinos which might be the reason why it is taking long for online gambling to be regulated in these states.

Europe is at the doing well in the online gambling industry and generating a lot of revenue as United States tries to catch up. Casinos based in Europe can be played by players from around the globe. As new brands get into the market each and every month, more caution needs to be taken as more and more rogue casinos look for unsuspecting players. There are trusted and long-term serving casinos we can always rely on. They include; Rich Casino, Bet365, JackpotCity Casino, Betfair and BetAtCasino in a myriad of many more. Thousands of players continue to sign up into these online casinos for their quality services. This immense growth has registered a growth of 36.6% since 2010.

As more governments realize that there is a lot of tax revenue to be realized from online gambling, they continue to regulate the activity so as not to lose it through illegal gambling. Some of the recently regulated markets include; France, Spain and UK. Mobile gaming his one of the embraced method of gaming. the reason players love it is because one can play the game anywhere and from any mobile device.

In the USA, online gambling has been regulated in New Jersey, Delaware and Nevada. Recently, many states are also looking at the pros and cons of regulating online gambling. Online gambling offered 734 thousand job opportunities in US and this shows a lot of potential if more states regulated the activity.

 

Comments

Newsletter

Tired to search every day for casino bonuses? Tired to see the word "expired" under every promotion? Do you are always looking for new online casinos? We have a solution. Subscribe to our newsletter and receive the latest casino bonuses, codes, exclusive deals, news and reviews directly in your mail.

Please, insert a valid email address.

Great! Successfully subscribed.

Ops! You're already subscribed.
We use cookies to ensure that we give you the best experience on FreeExtraChips. Read our privacy policy.Ok, Thanks!