Post
Topic
Board Gambling discussion
Re: How Big is the online gambling industry today?
by
bitzizzix
on 11/07/2023, 11:36:56 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.
The way I see it, the growth of the industry has not really been as great as they say it is. Yes, the online casino sector grew significantly during the pandemic, but at the same time the land-based casino sector experienced a very strong decline. It is more likely that the gamblers who played in land-based casinos were forced to retrain as online gamblers due to their closure. Personally, I do not think that during the pandemic in the field of gambling came a lot of new players who are active to this day. It seems to me that if there was any growth, it was very short term and not that significant for the industry.
I don't think that's right, because the online gambling industry has grown very rapidly, and the number of people gambling online before the pandemic vs now is significantly high and the numbers are increasing day by day. There are a lot of online gambling platforms, and almost each one of them earn great revenue, the reason for that is that the number of gamblers is increasing day by day, so every single casino is getting enough players.

Even the newly launched platform can get a lot of users initially being new to the market because of the excess of gamblers all around the globe who are always looking for new places and bonuses and stuff so that they can join and start gambling after claiming the bonuses and stuff.
What makes online gambling continue to grow is because it has made it easier for people to access gambling games from anywhere with an internet connection. And this led to an increase in the number of people who gambled, as well as an increase in the amount of money at stake. And also the increasing number of new online gambling that continues to grow because online gambling is a very promising business in this post-pandemic digital era and will continue.
and the gambling business is heavily influenced by internet gaming, and this impact is likely to continue in the future as the audience continues to arrive.