Post
Topic
Board Gambling discussion
Re: How Big is the online gambling industry today?
by
Rabata
on 05/07/2023, 10:37:31 UTC
COVID has indeed made the gambling industry experience a significant increase, because not only do people need entertainment in their homes, but they need income and most of these new gamblers think that gambling is one of the fastest and easiest sources of income. Because by only going through their device, they can access various games on the online casino platform and if they are lucky they can get the jackpot which can help them financially during this difficult COVID period. But the fact is that most of them lose and eventually leave online gambling.

This is indeed one of the reasons why we have huge lists of online gambling today and others that don't have permits to operate, especially in our country, are luring kids into playing. also, some students spend their allowance on this new era of online gambling. They don't care about their users and they just want to earn money from these poor guys that don't seem to care about their situations. Back then, students only play a small amount of money just, merely killing time, but now they are making thousands, that's why they can easily recruit others to play as well. This is not good at all because of no restrictions.

COVID can indeed be the reason why everyone is into online gambling. What I found is that rather than going into fiat online casinos more and more gamblers and newbies are exploring crypto online casinos. We can see it right here on the Gambling board. On average I think we would see a new ANN from a crypto casino in a month. Some of them would invest in marketing within the forum by organizing a signature campaign and others would offer a lot of bonuses and special signing bonuses. The way it looks now I feel online gambling and especially crypto gambling would become a big business in a few year's time now.
After the discovery of Bitcoin, the use of this currency on gambling platforms increased tremendously and since then the opportunities for crypto gambling have continued to grow. During COVID 19 there has been a major revolution in cryptocurrency gambling platform. Since then people are significantly attracted to gambling on crypto. There are now more cryptocurrency supported gambling platforms than fiat currency. Crypto casinos are now attracting the attention of gamblers due to quick and easy deposits as well as easy withdrawals. Every gambler considers crypto platform to be more secure. ‍So certainly say that this industry will gain more prevalence in the future.