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Growth of Online Gambling in the World

Online gambling sites are taking over the casino industry by storm thanks to the rapid advancement of technology. Most online gambling sites have already overtaken land-based casinos. And their growth is expected to accelerate as government and health officials continue to emphasize on social distancing and staying at home as much as possible.

The static growth of online gambling in the world before COVID

By the end of 2019, most gambling experts were predicting that this year would be the year that gambling sites begin to overtake land-based casinos in terms of revenues. Only a few predicted how these changes would happen swiftly and dramatically. Before the pandemic, players had the option of visiting land-based casinos and playing their favorite games together with their friends.

Although some enjoyed playing with land-based casinos, the majority opted for online gambling sites due to convenience and the wide variety of bonus offers and promotions. With online casinos, players can access their favorite games without having to make a deposit thanks to the ‘try before you purchase’ feature.

Even before the pandemic, some land-based casinos had already shifted to the online gambling space to attract more players and increase their revenues. Now that most people can easily access technological devices like smartphones, tablets, or computers, it’s easier to access Woo casino like never before.

Growth of gambling after the pandemic

The online gambling market is expected to grow to 66.7 billion dollars by next year thanks to the coronavirus disease which has taken over the world by storm. As health and government officials continue to urge people to stay at home as much as possible and avoid crowds, the majority of people are having lots of free time to play their favorite casino games and increase their chances of winning cash and other amazing prizes.

The revenue generated by the new Australian online casino is attributed to gaming activities through the internet using mobile and desktop devices. Some of the gambling establishments that have been developing include poker games, online sports betting, bingo, and lotteries to name a few. Technological advancements such as Virtual Reality and Blockchain have encouraged people to gamble online.

These technologies have also enhanced transparency in this market by preventing fraud and increasing trust between players and online gambling sites. After the pandemic, you should expect to see more online gambling sites.

Casino games that became more popular last year

There were a lot of games that were introduced in the online gambling world last year by some of the most popular game developers in the world. These games were responsible for increasing revenues and profits for online gambling sites. They include:

● Texas Hold’em Live poker by Evolution Gaming
● Age of the Gods Roulette by Playtech
● Planet of the Apes slot by NetEnt
● Playboy Gold Slot by Microgaming

Conclusion

The online gambling market is expected to grow at a rapid rate in the next few years thanks to the COVID-19 pandemic. As more land-based casinos shift to the digital world, you should expect more players to shift too. Trying out different gambling sites will allow you to discover your likes and strengths.

This website developed and maintained by Australian Travel & Tourism Network Pty Limited for Australian Travel Service providers © last updated 14-Nov-2020