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What does make gambling so attractive? People spend their time, money, nerves in the hope to win. The gambling process is exciting, engaging, it fills in a gambler with adrenaline and expectation of millions.
In the ‘casino planet,’ the innovative and creative take the day. In this competitive world, fortune favours the ones who can keep up or create new technology trends.
The decline of the UK high street has been a key talking point for the best part of a decade, with the latest figures showing that the number of shoppers frequenting their local stores has fallen by 10% during the last seven years and this comes off the back of news earlier in the year that bookmakers like William Hill are closing 700 high st outlets.
The global online gambling and gaming market is expected to be worth somewhere around 87.5 billion USD by the end of 2024. This is with a CAGR of 8.77 percent. The improvement of the industries in aspects like security, gaming experience, and convenience could be the factors that could boost the online gambling market.
Ask any online casino aficionado what their biggest gripe is when it comes to online gambling and the answer is most likely to be the wagering requirements that are attached to almost every casino bonus. We’ve all been there; you use your bonus money to place a wager on your favourite slot game, you hit a winning reel, and then you realise that in order to get your winnings you actually have to use them to place more bets and, therefore, risk losing it all. That’s why we’re so excited to see that a new generation of no wagering casinos have hit the online casino market.
For a country in which gambling is largely outlawed but for three states, the statistics for casino gaming in India make for unexpected reading for anyone with an interest in the sector’s key emerging markets.
It is estimated that betting turnover in the country is worth in excess of $1.6 billion, even though casinos are only allowed in the states of Goa, Daman and Sikkim.
There’s no doubt that online slots have come on leaps and bounds over recent years, becoming more appealing than ever before with amazing graphics, ear-popping sound effects and music, not to mention a greater range of varied and exciting gameplay than ever before. There’s much more to playing slots than watching spinning reels, waiting for that elusive jackpot prize to drop.
A study by Market Research Inc. has recently completed its detailed analysis of the current size, shape, and likely future trajectory of the online gambling industry. Called the Global Casino Market Report Forecast 2019-2025, this document takes great interest in a range of connected areas. These cover measures such as examinations by device, region, type, and segment forecasts.
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As an igaming business marketer, you must be well aware of the importance of reaching your potential players by all possible digital means. One of the most effective ways to be in the spotlight of your potential players is showing up on the websites they visit. But is it that easy to find advertising space on the website to get to the desired audience?
The online gambling market is already huge and constantly expanding, so it is not surprising that investors keep an eye on its performance. Land-based casinos have all but lost the race with their Internet counterparts and the gap is only expanding every year. Licensed online casinos can provide legal gambling alternatives to players from all over the world, with Europe being the most profitable market.
Since its launch in 2005, casino life magazine has grown to become the leading business-to-business publication that focuses on Casino Operations and, Manufacturers and Suppliers of Gaming Equipment and Services.
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