The American casino industry is big business, with revenue for 2022 breaking records and surpassing the $53 billion 2021 record with a staggering $60 billion.
With individual states governing their own gambling regulations, regular changes throughout the country take place; online casino gambling is another factor that has spurred its popularity.
The growing impact of improved technology has led to many gamblers changing their habits. A switch to online gambling opened up this new avenue to a wider demographic, with many enjoying the convenience and variety of gambling options.
While physical gambling operations still enjoy a high level of business, online casinos have built on their success.
As more people started to see the benefits of betting online, the choice of online casinos grew. This wide selection of online casino sites provides users with a variety of options, so it can be challenging to find the best ones, especially with new sites popping up on the market all the time.
Let’s look at the benefits of using newer online casinos in comparison with older, more established sites.
Choosing a New Online Casino
First, there are many considerations that need to be made when choosing a new casino to play at, whether it’s a recently-established site or one that’s been around for years. These include:
Promotions & Bonuses
The promotions and bonuses offered will always have terms and conditions attached. You should read these to ensure the offers suit your needs.
Each state has its own regulations for online gambling and many require operators to be licensed. For example, the PGCP licenses online casinos in Pennsylvania so finding new online casinos with the correct licenseing is made easy for players; these sites must adhere to industry standard practices that are designed to safeguard players and protect their funds (source: https://www.sportstalkphilly.com/pa/casinos/new).
Software & Game Selection
The software and game selection will determine the quality and selection of games you will be able to play. If you’re particularly interested in table games, you might want to look for a site that offers live dealer games, for a more realistic and immersive experience.
Users should enjoy their gambling experience. This means a range of high-quality games should be available, the site should run without glitches, and it should offer a good level of convenience.
Online casinos that offer a bigger range of payment methods will make it easier for players to enjoy their favorite games and quick payouts.
The Pros and Cons of Using a New Online Casino
With the basics covered, weighing up the pros and cons of different casino options will help you further select the online casino that best meets your needs. There are lots of things to consider when choosing which site to use, so balance up these pros and cons before making your choice:
The Pros of Using a New Online Casino
Optimized for Mobiles
New online casinos are far more likely to be designed with the mobile market in mind. More established sites have had to adapt original concepts to accommodate mobile use, whereas newer sites can be tailor-made for different mobile devices.
This not only ensures compatibility with new devices and operating systems but also guarantees a better user experience. Quick and responsive gameplay and visuals designed for mobile screens will benefit users who expect a high-quality iGaming experience.
New online casinos offer better bonuses to attract users from established competitors in the competitive market.
Free spins and matched deposits are common among online gambling sites, and many newer sites also offer bonuses that don’t require the user to place any deposit at all.
While this may sound counter-intuitive for a new business, it can encourage users to create an account and play the games on offer. Because the user then has an account and understands how the site and its games work, they are far more likely to continue using it.
Large Game Selection
New online casinos typically come to market with an extensive catalog of games. A greater choice in games makes it easier to entice new users and retain existing customers.
Extensive Payment Options
One of the most significant selling points of an online casino should be convenience, and offering a range of payment methods to suit the user will facilitate this.
New online casinos will be equipped to handle traditional payment methods including card payments and linking to bank accounts.
Digital payment methods will also be available with Apple Pay and PayPal being two of the more popular choices.
Another payment method that some online casinos might offer is cryptocurrency. Crypto casinos offer users the opportunity to play with a variety of different cryptocurrencies and are often known for offering great bonuses.
The Cons of Using a New Online Casino
More Potential for Glitches
Because new online casinos make the most of the latest technologies to entice customers, it does mean there is more potential for system glitches. Traditional online casinos will typically use tried and tested software and games that offer a more reliable service.
Trustworthiness and Reliability Unproven
There is a great selection of trustworthy and reliable new online casinos on the market, but reputations take time to build. Because of this, it can be more challenging to find newer casinos that you can rely on.
Less Understanding of Local Markets
Older online casinos have had longer to study the data they receive from customers in order to streamline processes and provide the services wanted by their customer base.
This can take time and will allow online casinos to tailor services based on their location. New online casinos that don’t have access to this data may offer a more general service until they are able to narrow their focus based on the gambling patterns of their users.
More established online casinos are typically more trusted than newer sites, but they can be limited by older software, poor game selections, and fewer payment options.
New online casinos are designed for the current market and make use of the latest software and technology to ensure users have the best online gambling experience possible. A wide selection of new games, better graphics, and live dealer games are made possible by better internet connections provided by 5G.
The lure of bigger sign-up bonuses and better loyalty schemes also make the prospect of choosing newer online casinos significantly more attractive.