Post
Topic
Board Gambling discussion
Re: How Big is the online gambling industry today?
by
GigaBit
on 17/06/2023, 10:02:36 UTC
it's true that notifications that we often find disturbing appear almost every day and even notifications on my cellphone for online gambling promotions can appear several times a day.

If this happens to every smartphone user, it is likely that even ordinary people will casually occasionally open online gambling site notifications and they might register and continue to play online gambling.
as we know that gambling in the view of most people is a bad thing and if in the past gambling was carried out in certain places. Meanwhile, for now, everyone can be free to play gambling without being known by anyone other than him and the gambling admin and they can play without having to consider bad things from the view of some people.

With this convenience, it is possible to make the online gambling industry very large. Because you don't need to come to a certain place to play gambling, you only need to visit online gambling sites to play gambling, so that online gambling sites are able to reach all lines of urban and rural communities and both young and old. Which makes the online gambling industry even bigger.
The convenience it provides is exactly why online gambling industry has grown so rapidly over the last few years triggered by covid-19 and the pandemic it caused. People switched from land-based casinos to online casinos because they were not allowed to gamble at land-based casinos since it is a public place and they were all closed down during the pandemic. People obviously found online gambling to be way more convenient than land-based casinos.

And on top of that, cryptocurrency gambling platforms have served like an icing on the cake by providing even more convenient options for deposits and withdrawals by reducing the time, speed, and cost of transactions for the gamblers who used to use traditional online casinos using fiat.
People have been interested in gambling since ancient times due to which this industry started to grow gradually. But since the pandemic of Covid-19, a major revolution has taken place in the online gambling industry. Because at that time all kinds of movement were restricted so people could not move anywhere. At that time there was nothing more enjoyable than online gambling. Covid-19 is said to have been one of the worst years for the online gambling industry. Since then this industry is improving.

Another reason behind the rise of the online gambling industry is cryptocurrency. Gambling with fiat money used to have various obligations but due to the ease of depositing and withdrawing through cryptocurrency, crypto based gambling platforms are now the most preferred gambling platform for gamblers.