How Much Is the Online Casino Industry Worth?

Jan 22

How Much Is the Online Casino Industry Worth?

The first online casino emerged in 1994, and ever since, the popularity of this type of casinos has immensely increased. As they become more reputable and endow players with secure transactions, more and more countries choose to legalize online gambling, further fueling the growth of online casinos. Albeit not as popular as their land-based counterpart, the ever-expanding offer of online casinos that offer good bonus codes like the Aspers promo code might lead to them becoming a go-to option for every player out there, and it is only a matter of time before they overtake the land-based casinos in terms of generated revenue. Before that happens, however, let’s focus on the present and see how much revenue they generate and how it has increased over the years. Online Casinos and Their Revenue Nowadays, there are plenty of ways to gamble online. Two most popular ones include sports betting and online casinos. In 2017, the United Kingdom’s gambling industry generated an estimated revenue of £4.5 billion a year. Most of the generated revenue is attributed to video slots, £1.6 billion to be precise, while table games account for only £377 million of the total revenue generated by online casinos in the UK. On a larger scale, and during the same year, the global gambling market was estimated at $47.5 billion by the end of 2017. In 2011, the industry was estimated at around $30 billion, and it has steadily increased over time. From 2016 to 2017, the revenue generated by online casinos increased by 20%. Now, one may think that 20% is not insanely high growth, but 20% of almost $48 billion is a lot of money. In more recent years, the number only continued to grow, and 2018 has seen revenue of $51.2 billion while the estimated income for 2019 and 2020 stands at $55.19 and $59.79 billion respectively. Why Are They So Popular? It is true that the atmosphere cannot compare with that of a land-based casino, but as technology improves, so does the player’s experience. Virtual reality that is being introduced to online casinos and players can even introduce playing with actual people as dealers. However, the biggest reason for the popularity of online casinos is their...

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Sports Betting vs. Casino Gambling

Jan 06

Sports Betting vs. Casino Gambling

The top two places on the entertainment list belong to sports betting and casino gambling. People have always loved visiting casinos and sports games. In casinos, they gamble and enjoy various casino games. And at sports games, they enjoy watching the game and betting on their team and favorite players. For that reason, both have never stopped being popular. With the appearance of online casinos and betting sites, their popularity has kept growing rapidly. Online casinos and betting sites offer promo codes, bonuses and special offers which attract an audience even more, such as Unibet offers which have attracted a lot of new clients who love betting. Though both are very popular, attract a similar audience and indeed are similar to a certain extent, they still differ a lot. For those who are not familiar with the two, in the following paragraphs, we will present the differences between sports betting and casino gambling. Casino House Edge vs. Sports Betting Odds What makes casino gambling different from sports betting is that casino gambling has a house edge. House edge is the amount of profit which needs to be earned on each game that is played for a longer period of time. House edge is what ensures casinos not to stay out of money. Sports betting does not need a house edge since it depends on the money people invest in betting. The more money people invest, the more money they can get. If they invest a small amount of money, they will get a small amount of money too. What sports betting has is odds. The bookmakers try to predict the result of the game by using the latest data and statistics. Once they predict the result, they make the odds for the people to bet on. If they do thorough research, gamblers can predict the result themselves. In this way, the opportunity to win the money is increased, unlike casino games where you can simply rely on your knowledge to play the game and on pure luck. Promotions Promotions offered by casino gambling sites differ a lot from the offers offered by sports betting sites. Sports betting promotions usually include some welcome bonuses which you can use to bet...

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The Emergence of Blockchain

Sep 17

The Emergence of Blockchain

The appearance of the blockchain technology has revolutionized the worlds of finance and business. Blockchain has been introduced through the rise of Bitcoin and other cryptocurrencies and it has already had a great impact on the entire industry. Some people claim that this technology is the cure for all the problems in the world of industry, other fear its impact and the fact that it is still an uncharted territory that is being used without a complete knowledge. One thing is for sure – blockchain will stay with us for a long period of time. Many famous multinational corporations utilize the appearance of blockchain for various purposes: money transfers, loyalty rewards, data sharing and more. While it is only a time where blockchain starts being used in a mall or your local coffee place, it is interesting to see how it spreads. Hey, maybe one day we can see it on sites that have offers like 21LuckyBet Bonus Review? Who knows! When did it all start? Blockchain was first mentioned in 2008 by Satoshi Nakamoto (real name unknown), a computer programmer who unleashed the world’s most famous cryptocurrency, Bitcoin. The appearance of Bitcoin meant that the world was ready for a fully developed digital currency and that it had a technology sophisticated enough to create and distribute cryptocurrencies from point A to point B, without the involvement of banks or governments. Yet, it was not until 2011/2012 that Bitcoin started gaining popularity. Only then was it recognized and accepted as a valid form of payment. However, the financial industry quickly moved away from Bitcoin, mostly because of the malversations and the connection of Bitcoin to some criminal activity. This new type of currency gave the opportunity of a technology that facilitates the exchange of goods online. The appearance of the blockchain technology made the banks very nervous – they accentuated its unpredictable impact on the entire finance industry. Yet, another story is being told today – today, every bank has a strategy for blockchain technology and they often come up with new ways of using it. More and more money pours into blockchain each day. Exploring and applying the new technology One should think that, with all the fuss...

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Mobile Options for Playing Online Casino Games

Feb 18

Mobile Options for Playing Online Casino Games

Playing online video games is lots of fun in itself and then there’s playing Casino games. Casino games are very entertaining and can even save and give you money! Cherry Casino Voucher Code has helped save many people’s money in the past, so now is your chance to see for yourself. Saving money while doing your favourite thing surely is not something you should pass up. Making money is what people love to do most, and even better, saving it whilst you’re doing so! But which phone exactly is the best for your games? Do you really need to own the most expensive phone out there to get what you need? Can my old phone work? Let’s find out. Normal (old) Smartphone Just because almost everyone you see on the sidewalk has their newest edition of the phone out before them, doesn’t mean you need to own it too. You can still do whatever you want on your old one. That includes the grand Casino games that everyone, including you, love so much. Just enjoy the small things, and don’t sweat the fact you may not have a brand new phone. When you have your games on it, that’s all that you really need. Keep in mind that they might not be “as good” as the latest device, but they will still play to your satisfaction. In other words, it gets the job done just fine with no problems. Android If you happen to have the latest Android, then you will also be able to play your online Casino games. However, there will be some changes with the resolution and the screen, meaning that they will be better! On the Android you can also get way more games than before, so that means more of your favourite game, gambling! It can be tricky for you to find these games, but surely, they are definitely there. Whether on the Play Store or your own browser, you will be able to play your games on the Android. Even though the IPhone is more well-known, it doesn’t mean that they are the best at performing and having everything you need. Some proclaim that Android has even more than the IPhone, but either...

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When to Know You Should Stop Playing

May 26

When to Know You Should Stop Playing

If you’ve found your favourite casino slots game and checked out the best games in the industry, become a regular on slot-news.com and are spending a lot of time on casino sites, it might be time for you to assess whether you need to take some time off gambling. Doing a simple test to find out whether you find it difficult to break a habit is something which everyone should do every once in awhile. Take a few days off from playing every month – or two days per two weeks, to make sure you’re not hooked to playing. If you find you have trouble doing this, then speak to your local GP or check out the information on the Gambling Commission website. Assessing yourself is a great way to ensure you’re in control and it is nothing to be ashamed of. Don’t let the casino games get the better of you. You can find more information on the NHS. All you need to do is check yourself every so often and both you and your wallet could thank you in the future for short breaks. Make sure you’re also taking regular breaks from your device when gambling and are heading outside for fresh air too. If you find that during your break from gambling, you are missing playing the game, then a good idea is to take longer away from playing and continue checking your behaviour. Being able to self assess before reaching out for professional help is always a good...

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Biggest Bingo Wins of All Time

Apr 14

Biggest Bingo Wins of All Time

Bingo has long been a very popular game among people from all over the world and many online casinos now offer their own versions of bingo. The rules of bingo are very simple once you learn them and this is a kind of game that can be played for endless hours without getting bored. Here are the main rules of bingo for players who are new to the game. Common Rules Players are given special cards that feature a grid of five rows of vertical squares and five diagonal rows, each of which features a different number. A bingo caller is given a batch of bingo balls with numbers on them, then selects one ball at a time and calls out the number of the ball. When players hear a number that corresponds to a number of their card, they place a marker over the number. The main objective of the game is to be the first player to get a line of five covered numbers on their card. When this happens, the player calls out bingo and wins a prize. 75 Ball This version of bingo is particularly popular in North America and, on the bingo cards that are handed out, a single letter is written at the top of each vertical row which spells out BINGO. As the name suggests, 75 ball uses 75 bingo balls, which means that there are lots of chances to win. In addition to trying to get a row of five, at the start of each game, the bingo caller may announce a winning pattern such as the letter C, T or a diagonal line. 90 Ball In this traditional version of bingo, the bingo card features nine different columns and three rows of numbers. Players are given a book of ten bingo cards that they can play simultaneously, if they wish to try to increase their chances of...

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