At the end of the day, real competition is good for the space. Whilst it might be hard to imagine for those of you who have been gambling and posting here since 2016 or earlier, we are still extremely early in terms of the evolution of this industry. Exciting things are happening within tech, crypto and the internet as a whole, and it seems like that hasn't fully converted to gambling just yet - a big reason is due to the lack of actual competition. Competition forces companies to either change or risk being left behind. Those that build, keep up and grow; those that copy slowly die out. We'll soon see which is which.
I don't know how did you arrive at the conclusion that there is a lack of competition in the gambling industry, casinos are spending money on ads, and signature campaigns and giving a good percentage to affiliates, they are paying streamers and hiring ambassadors to promote their platform and this is million of dollars spent, I keep saying that the casino industry has stiff competition and there's really a stiff competition going on they never stop giving perks to their VIP or high rollers just to keep them playing int heir casino and shut out other casinos, even if there is the similarity of design and concept the competition is always there.