Gambling related articles
Why the
Online Gambling Industry Keeps Growing
From Steve
Johnson.
February
2020.
Over the past few years, the gambling industry has
grown at a huge rate. In fact, gambling is now being
realized as a major contributor to the economic growth
of a country worldwide. Forecasts are, by the time
we get to the last quarter of 2020, the gambling industry
would have reached 60 million. As a result, gambling
becomes one of those really viable options for investors
worldwide. A lot of things have contributed to this
growth, which includes the growth in e-sports, the
advancements in mobile gaming, and many others.
According to https://www.newzealandbetting.io/
ever since the introduction of online gambling, the
gambling sector has grown a lot and continues to grow
rapidly. Back in 2015, the online gambling industry
was actually pushing towards a profit of $40 million
and by the time we got to 2018, it had actually doubled.
Right now, it is forecasted that it will reach $60
billion by the end of 2020. This is quite a huge growth
and it doesn't apply to online casinos only. We have
actually witnessed quite a huge growth in land-based
casinos too.
Growth of online casinos
There is no denying that online casinos are the driving
force behind the growth. This is due to the convenience
that the internet brings to gambling. With online
gambling, all you will need is an internet connection
to bet on your favorite games. This has seen a lot
of potential markets for online casinos growing at
a huge rate.
Mobile Gambling
The smartphone and tablet technology has brought
about a lot of changes to the gambling world. Now,
all a player needs is an internet connection in order
to gamble online. This has resulted in unlimited access
to gambling portals. In fact, people can now gamble
at any time, from anywhere.
E-sports
Lately, video game leagues that are highly competitive
are growing quite rapidly. This has attracted some
huge sponsorship deals, as well as huge crowds. This
has also seen a lot of aus
sports betting sportsbooks being attracted
too, thereby contributing to the growth of the online
gambling industry.
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