How did online casinos rise up?

How did online casinos rise up?

Online casinos are as old as the internet itself. The popularity of online casinos has been steadily growing day by day. Online casinos have become very popular in the last 5 years. Thanks to high-speed internet and smartphones, the traffic on these websites has been increasing astronomically. To give an estimate, there are almost 1.6 billion gamblers worldwide, and the online gambling market is worth 40 billion dollars every year. Online casinos play a huge part in this total estimate.

With the current coronavirus pandemic, the visitors of these online casinos have skyrocketed. People have decided to stay at home and enjoy the thrill of a bet at home rather than risking to go outside. In this article, we will explore various reasons as to why online casinos are so popular.

Technological Advancements

Online casinos are becoming more and more popular day by day. One of the main reasons behind its immense popularity is the advancement in technology and the availability of high-speed internet. These days’ people are winning and losing thousands of dollars every day with a single touch on the screen. High definition screens and animations have made these casino games more immersive than ever before.

Plus, there is an upside to staying at home. You don't have to get out of your bed these days' to play your favorite casino game. With the advancement in technology, players can now talk to other players and even with the dealer. This experience contributes to a holistic and immersive experience of online casinos.

Legalization of Gambling

Another big reason for the huge success of online casinos is the legalization of gambling in countries like France, Germany, Spain, Malta, and Italy. The legalization bill in these countries has been one of the major contributors to the expanse of the online casino business.

For the past couple of years, Europe has been dominating the online casino market with an almost 48 percent share. This is majorly due to the addition of countries like France and Germany. In the United States, online sports betting was legalized in 2018, and it has skyrocketed the online casino business in the country.

Secure Payment

Another reason behind the rise of this multi-billion-dollar industry is the secure-payment option that is provided to the players. People used to be hesitant because of scammers and hackers before. These days, in the word of crypto-currency and safe transaction options, players feel safe in placing their bets online.

Moreover, with the advancement in technology, people have started to separate fraud sites from reliable ones. Users use sites like slothino.co to get information about the newest and most secure online casinos in the market. There are plenty of online websites where you can go and play securely if you do not want to download an app on your phone or computer.

Online marketing and Celebrity endorsement

Online marketing and celebrity endorsements have played a huge role in letting people know about this forum. A celebrity's face is trust-worthy for the people. When people see their favorite actor or actress attached to a brand, they feel comfortable in associating with it. Major online casino forums have employed this strategy to increase their user base.

Similarly, these casinos have used social media platforms to promote themselves. This type of marketing has been proven very successful when it comes to marketing these online platforms to the targeted audience.

The availability

One of the many charms of online casinos is their 24/7 availability. You could be hundreds of miles away from a casino; if you have a strong internet connection, you are good to go. As a result, many people are shifting to online gaming.

Moreover, these casinos are not limited to computers now. You could be on a bus or sitting in the waiting room of your dentist, and you can play these online casino games. In addition to this, online casinos have recently added simplicity to the game, which was not present before.

Countless bonuses and prizes

No online casino is complete without its bonuses and prizes. It is one of the many things that attract new players to the online world. Players are given real prizes and bonuses based on their referrals and loyalty.

Bonus codes let you place free bets on roulette tables and slots. These bonuses give you a chance to win actual money for yourself. Many platforms now offer a huge reward for their players, some of them going up to 15000 USD in the first week.

Variety of games

People are attracted to online casinos because of the plethora of games provided to the player. The player can enjoy crabs, blackjack, and even slots on these forums. It has become one of the great past-times for people all around the world.

Good customer service

Having good customer service is important for any business. It is specifically important in casinos. That is why these websites have immaculate customer care systems. From online chat to toll-free calls, online casinos provide everything and more.

Launch your casino

We see how popular online casino business has become, especially after the coronavirus pandemic, which has caused a 100 percent spike in traffic on these sites. Slothino, a new online casino, writes about what goes on behind the curtains of launching a new online casino.

The forum details the detailed procedure on what you will need to do and procure to get your business started. Some of the key elements of setting up a casino are;

  1. Selecting your online provider
  2. Dealing with legal and licensing issues
  3. Selection of online providers
  4. Payment methods
  5. Marketing and bonuses

These are some of the things you will have to take care of if you plan on starting an online casino business.

Conclusion

The casino industry has been on a tremendous rise for the past 5 years. After all, who would not want to experience the thrill of a casino in the comfort of their own home? With the rapid advancement in technology and the availability of high-speed internet, online casinos have become the future of online gambling.