The COVID-19 epidemic in 2020 caused casinos across the globe close for guests. The case of Las Vegas, the world’s capital of gambling, all venues were shut down for over two months, which resulted in massive losses to the business.
In the course of the lockdown, a brand new market was created. Since there was no casino that accepted retail players, gamblers had focused their attention on casinos online. situs judi slot online, the internet gaming industry witnessed a dramatic increase, and isn’t letting up even though the pandemic appears to be gone.
According to a research study, this trend is expected to continue over the coming decades, and the total online gaming market predicted to reach just below $100 billion in 2025. For a better understanding it’s higher than GDP for other countries such as Sri Lanka, Myanmar, Bulgaria, Croatia, and others.
To better know what makes this business is so promising, here are some facts that illustrate the benefits of online gaming.
#1 Online Casinos Have Never Been This Generous
The online gambling market has never been this intense. To draw players, online casinos have just come up with strategies to stand from the crowd. A popular methods is to provide attractive offers to new players.
It’s possible to say that nearly all sportsbooks and casinos online offer a welcome gift to new customers. This can are in the form of match bonus deposits. Additionally, there are casinos with no deposit bonus that offer gratis money.
Other types of bonus offers you will find in sportsbooks and online casinos are rebate deals as well as free spins/bets birthday bonuses and more.
#2 The US Is Not a Very Gambling-Friendly Place
The legality of gambling online varies between different countries. It’s not surprising that the US is not as gambling-friendly as people imagine. Actually there are just two states which you can gamble online (e.g., New Jersey, Delaware, Pennsylvania).
In many other states, gambling online is either prohibited or not regulated. Two states have the most strict laws on gambling in the United States namely Utah in addition to Hawaii. Gaming on the internet is not only not legal in these states, however, the same is true for casinos that are located on land.
#3 Online Slots Make up 70% of the Industry’s Income
It is believed that online slots earn the highest amount of revenue in the world of online casinos. According to studies the games contribute around 70% of overall revenue. Other games that are popular include blackjack, online roulette Baccarat, blackjack, and more.
#4 Most Online Casinos & Sportsbooks are Licensed in Curacao
There’s an abundance of gambling websites online with licenses in Curacao. The tiny island country situated off from the shores of Venezuela is a popular location for owners of online casinos and sportsbooks due to a variety of reasons, beginning by the simple fact that registration process isn’t too difficult.
Additionally tax rates are also lower in Curacao aren’t as expensive like in other locations. For instance, online casinos within certain US states are required to donate as much as half of their profits in taxes to government.
#5 About 11% of All Internet Users Gamble Online on a Regular Basis
Gambling online is a pastime which is much more well-known than people believe. It’s estimated that over one-in-ten Internet players play regularly. The typical gambler online is a man aged 30-plus.
#6 The First Internet Casino was Launched in 1994
The Internet began to take off in the 1990s. A few years after the first websites on the internet were launched, Microgaming launched the world’s first online casino that was actually a real one.
The website is no longer in operation However, the company still operating and, in the present, Microgaming is one of the top online casino game makers around the globe.
#7 The Highest Sum Ever Won in an Online Casino is $24 Million
It’s difficult to collect all the relevant details in the realm of gambling online. Based on the data available online it is apparent that the largest jackpot ever that an online casino has ever won was $24 million.
It occurred to one Finnish player, who hit the jackpot from the slot game Mega Fortune. According to the story, the lucky winner was not an avid player of slots. His preferred favorite game was online poker. But at that moment the winner decided to give Mega Fortune a spin. It was the right choice since he was able to win the jackpot with a 25 cent spin.