If recent industry reports are anything to go by, the casino industry is set to undergo a period of unprecedent growth. In fact, over the next four years, the global casino and gambling market is expected to increase by a staggering $82bn!
But what is behind this level of growth?
Although there are many factors at play, one of the primary drivers of this growth is the rise of online gambling and casinos.
While online casinos have been around for many years—in fact, some of the earliest websites ever made were for online poker— an increasing number of countries have started to properly regulate this historic past time.
The effect of this is that in places like the United States, government moves to regulate online casinos and betting platforms have worked to fuel customer demand by increasing customer confidence in the industry. Although this is only one of many factors behind the growth of the industry in recent years, it does provide a sense of how the industry is changing.
Beyond the more external factors behind the growth of the live online casino industry, what are some of the reasons customer demand is increasing? And why are more and more people choosing to play at live online casinos?
If you want a quick overview of this topic, keep reading this article. If, however, you want a fuller picture of what digital casinos have to offer, you can read more about the best live casino games by heading over to this website.
More games, more choice
One of the most obvious advantages that online casinos have over land-based casinos, is the level of consumer choice they offer.
While land-based casinos will undoubtedly have a healthy selection of different types of casino games, as well as all the added extras that come with the casino experience such as bars and restaurants, there is simply no denying the fact that online casinos offer a whole other level of choice.
With the simple click of a button, a Google search will offer thousands of options for you to choose from. This includes large casino platforms that cater to many different types of players and game types. As well as more niche online casino platforms that might be dedicated to a single game type. Regardless of what type of player you are and what type of games you enjoy playing, there is an online casino perfectly suited to your tastes.
Safe payment methods
Another important factor in the rise of online casinos is the advances that have been made in online payment security.
Although previously many internet users might have felt a little bit uneasy about making payments online due to the risk of fraud or identity theft, this does not appear to be the case to anywhere near the same extent anymore. There have been significant advances made in the digital payments space in recent years, which has boosted the confidence of consumers.
Nowadays, online casino users can choose from different types of payment operators, such as Neteller, Skrill, PayPal, Visa, bank transfer, and most recently cryptocurrencies. All of these options are efficient and offer high-levels of customer protection. This means you can spend less time worrying about your safety and more time gaming!
Bonuses and value for money
One of the best things about the sheer volume of new online casino operators opening up in the last number of years is that it has led to increased competition for customers.
The result of this for casino players is that online casinos will frequently try to one-up each other in terms of the welcome bonuses and added extras they provide players with as a way of enticing them onto their platform.
As such, online casinos provide great value for money when compared with land-based casinos once you take all of these bonuses and added extras into account. Online casinos are also better valued for money as you will not have to spend any extra cash getting to or from the venue itself.
Comfort and convenience
Another important factor that should not be overlooked when accounting for the popularity of online casinos, is the convenience factor.
There is simply no denying the fact that online casinos are much more convenient than land-based casinos.
Rather than trying to navigate your way to some far off destination just to get a few rounds of poker in or a couple of slot machine games under your belt, you can simply load up your online casino from the comfort of your own home.
This also means that casino games can be enjoyed in a much more casual way than land-based casinos can. Having access to mobile casino apps means you can load up a game and get a few rounds in while you are waiting for your bus! This is a level of convenience that physical casinos simply can’t compete with.