Since its inception in the 1990s, the online casino industry has grown exponentially. The online gambling market is expected to reach a revenue of USD 87.75 billion by 2024, registering a CAGR of 8.77% between 2019 and 2024.
Just before the 1990s, gambling belonged to the wealthy in society — those who could dress up in suits and show up in brick and mortar casinos. Then technology came, the internet entered the mix, and online casinos were born. They were embraced from the beginning as they brought a sense of inclusion and variety. This meant that everyone could play from the comfort of their homes without the need to size up their bank accounts at the casino.
Since then, they have kept growing in numbers,and they are gaining popularity by the day. Thanks to them, more women are now embracing gambling.
Read on to find out why more people are choosing to play in online casinos:
Most online casinos are accessible on multiple platforms. Regardless of your location or time, you can still play your favorite game. You only need your device and a stable internet connection. The use of HTML has made it possible for players to either download their games on whichever platform they choose to play or access them instantly.
You can play on the go using your mobile device or wait till you get home for the desktop experience. In the last decade, numerous online casino sites embraced mobile gaming, and the response has been tremendous. With their devices, players can access support services, transact, and even claim bonuses at their convenience.
When online casinos were introduced, some people felt like there was a gap. They could only play against computers/robots-losing the social effect, and the environment lacked the casino feel. Then online casinos introduced live gaming, and this gap was filled. Online players got the chance to enjoy immersive gaming experiences and chat with other players in the process without leaving their homes.
The game variety at online casinos is also hard to ignore. Most online casinos work with multiple software providers to ensure that they offer both quality and quantity. This means more entertainment options for punters and more ways to win.
Online casinos have also gone further to cater to the different needs of its players. You will find games of different categories and types. Some even serve them on tables with different limits to include every budget.
Most traditional casinos required players to carry large amounts of money around. This could expose the players to issues like robbery. With online casinos, players get to enjoy anonymity.No one knows how much you are worth, and they can’t reach you.
Furthermore, thanks to technological advancement, players can transact safely at their convenience. Most online casinos have several fast banking methods for players to deposit and withdraw.Players don’t need to worry about hackers because most online casinos use encrypted technology to protect all communications between players and the casino.
Technological advancements have made it possible for online casinos to serve their clients with more than they could get in offline casinos. Being able to enjoy the convenience of time, location, and even how you transact are benefits that cannot be ignored. The availability of more games, varied gaming experiences, and the peace of mind that comes with safety and security are enough reasons to entice both new and novice players.
It is no wonder then that online casinos are gaining popularity by the day, and with the introduction of Virtual Reality, Blockchain technology, and social gaming, the online gaming scene is bound to explode soon.