Category Archives: Online Gambling

growth of online gambling

The Growth of Online Gambling

Visibly the growth of online gambling has been seen remarkably. There are a lot of changes going on in the online gambling market and one is the direction that companies are moving.

Different companies are looking for various ways to make sure that they have a competitive edge over their opponents. It is a sign of how things in the iGaming business market are changing.

There was a time when the business market was chugging along healthily. That is no longer the case post-pandemic though.

Now, there are so many entrants into the online gambling market that companies have to be more competitive-minded than ever.

If you look at the promotions that are out there now, you are easily going to find that there are hundreds of options. Online casino companies are looking to consistently fill their calendars with events throughout the entire year.

They follow along with the calendar to make sure that they are making the most of the natural events. Just look at the number of special promotions now!

You are going to find hundreds of different events right now that the summer season is upon us. They are all specially tailored for the summer-fall season and likely have a close tie to “free money” or “special holiday cash” wins.

This is a sign of how operators are trying their best to cater to the growth of online gambling and their growing customer databases.

They know that if they don’t meet (and exceed) the needs of players everywhere, players and the gamer community alike are smart enough to move on to other companies that will.

Online Gambling Market on the Move

The sheer value that is involved with the online gambling market on the move, is reason enough for legislators to also support it.

Lawmakers all over the US have made it a priority to keep on building their potential revenue with gaming and this involve eSports, Sportsbooking, as well as other iGaming areas.

They want to make sure that they are going to have a piece of that lucrative pie. Right now legislators cannot turn down the possibility of bringing in millions of dollars extra in monthly revenue. They know that gambling is just the pastime to do that too.

The Growth of Online Gambling is here and it has proof that is a multi-billion dollar business and showing no signs of slowing down any time soon. This is why so many lawmakers are trying to incorporate it into their own budgets.

Higher Bankrolls

Another reason why data studies shows the growth of online gambling, it’s because the market cap has grown and because people also rebuild their bankrolls.

New studies have shown that now that the pandemic is reaching a much better control with vaccines and protocols, and people are coping with it.

The result of people having a better bankroll of their spending cash and to make it through the difficult pandemic period is the stimulus packages as well as free food distribution.

Another way people have built higher bankrolls and shows that impact in the growth of online gambling and this is something that can go in a completely separate topic, it is the growth of the value of cryptocurrency market.

Since, most of the online gambling companies offer the players cash-out payments in cryptocurrency such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and others, but we will cover that on another article coming up.

Winning money in a competitive Market

What better way to do that quickly than to start winning at online gambling? It is a fun way to make a bankroll higher and come up with some additional money.

This is why so many people are considering it. Just look at the recent huge payouts at big-dollar tournaments. Though not everyone is going to win them, there is still enough in smaller wins that the average player can potentially build wealth.

This is making the market more competitive than ever and making it that much more lucrative for gamblers to keep on playing.

There are possibilities now that were completely unheard of in older times. This is a sign of where the growth of online gambling market is going and where you should expect change in the near future.

Companies are restructuring and rebuilding themselves to handle the added pressure of pleasing the entire growth of online gambling market.

They want to survive and with a mindset of serving the customer. Just take a look at the specials out there and likely you are going to be happily surprised at all that there is.

It is something that is going to continue as the growth of online gambling market continues.

Let us know what you think on the comments, as we continue to provide legitimate insights about our wonderful world of online gambling. ~BettingOnline.US

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Sports Betting Online New York

Sports Betting Online in New York

New York Governor Cuomo, he is a strong proponent of legalized online gambling in the state and that sports betting online in New York is near.

New York is yet another state in the area that is making a petition for the newest gambling hotspot of the northeastern part of the US.

New Jersey’s Atlantic City was the title-holder for a long time, but soon took a huge hit due to the pandemic for the brick and mortal industry.

The area had been popular and the second most popular location for gambling with the exception of Las Vegas, Nevada. Atlantic City over the years has dwindled in popularity.

The pandemic hit the area hard though- it brought about a lot of problems due to popularity quickly waning.

Players suddenly cut gambling out of their schedules, but gambling in the New Jersey hotspot all but died.

The brick and mortal locations has had to cut back on its casino workers over the past few years with massive layoffs.

This is hampering the state even more as it tries its own way to pull out of the pandemic and move beyond it with the online gambling re-infrastructure, making an opportunity for sports betting online in New York.

While the state is still looking for ways to revive, it is getting a lot of stiff competition from neighboring ones.

Sports Betting Online in New York is a major contender that is taking a stand to try to take over as the online gambling hub of the northeastern part of the country.

Sports Betting Online in New York

This is a perfect position to be in for states. They want to be in the place of growth and have the opportunity to keep on building their own markets.

This is where New York Online Sports Betting is right now. With the hold created by Atlantic City’s demise, the green light is a go-ahead for any state to work with.

They are now coming together to create a gambling plan that is going to take into account huge growth, as spurred by the market.

This is what all good businesses follow when they are looking for places to set up camp.

In addition, the different online casino games out there playing into the mix.

They are what is drawing so many people to gaming- that along with the payouts that are also rising.

These two changes are completely redefining the face of online gambling and specially sports betting online in New York.

Online gambling in Miami-Dade County

Online gambling in Miami-Dade County is a hot topic right now for everyone, voters and legislators are included.

They recognize how much money is involved and are suffering financially themselves.

Since the pandemic there have been aftereffects to deal with and they require a lot of revenue to solve.

One by one state legislators are trying to write their own rules in terms of gambling law.

In the US the UIGEA is the prevailing law and has been since 2006. The UIGEA, or Unlawful Internet Gambling Enforcement Act was created to police and prohibit online gambling.

Lawmakers wanted to eliminate gambling from the market. They wanted the law to push it out and cause players to run out of online gambling options.

Unfortunately, this was not the case. Rather than eliminating gambling, it just pushed US players to offshore gaming companies. Offshore companies were more than willing to accept the US market due to how lucrative it really is.

They benefited and the US lost billions of dollars in gambling revenue. That money is no longer recoverable and legislators are aware of this. Before more money is siphoned out of the country, lawmakers want to make sure they come up with a good plan to bring it in once and for all.

Florida is a state that is heavily involved in the debates right now. The leaders of the state are working together to find a way to bring about the proper laws.

Now, Online gambling in Miami-Dade County is the latest area in the state that is prioritizing finding laws to govern online gambling and its legalization.

The Miami-Dade county commission issued a proposal to put the gambling issue on the voting ballots.

This is appropriate to what is happening throughout the US right now.

Online Gambling laws are being prioritized by lawmakers and many of them are putting the final decision into the hands of the voters.

This is a great way to get around the anti- gambling activists who are concerned with the issue.

If voters speak directly to whether or not it moves ahead or not, it likely is going to be that much more appropriately received by everyone involved.

Online Gambling in Florida

Anyone who has been following growth in online gambling in Florida as well as the US market likely has heard about the three large casino centers going up in Florida.

The Sunshine State is the latest location to take on a proactive online gambling initiative.

The state’s legislators see the benefit of online gambling and want to capitalize on it now that the popularity of the hobby is so advanced.

People love to wager- that is a reality that is evident throughout the whole world.

Even players who have smaller bankrolls have made it evident that they are willing to wager their leftover money at the online casino in Florida.

It is something that has baffled economic experts- they believed that once the economy had its meltdown, people would leave the gaming tables forever.

This however was not the case as is evidenced by online gambling in Florida’s popularity.

Though during the beginning of COVID-19 people cut back on wagering, they soon returned to gaming centers and online casino gambling but in smaller numbers.

This was a sign that there is a continuing dedication that people have to entertainment in the form of buying chances.

They understand that though they are wagering, they are also giving themselves a shot at winning big—something that could potentially change their entire lives.

This is what people enjoy working with too- they know that since the lockdown they have diminishing savings.

What better way to rectify this than to win a few hundred-thousand or even millions of dollars?

This is why people are so eager to get back to online gambling in Florida. They understand the risk and are more than willing to take it on.

Online Gambling in Florida

One thing that is confusing Florida legislators is just how far they can push online gambling in Florida.

The state recently came up with a gambling plan to create three large gambling centers.

The purpose of course is to generate additional cash, but also to create jobs for the market.

This could be the biggest positive change that legislators can come up with right now but experts are questioning the projections made about online gambling in Florida’s potency.

Sure economists can predict that the three gaming centers will bring in millions of dollars every month, but there is no way of predicting how reliable that money truly is.

This is something that is quite literally a “shot in the dark” for all states to worry about.

growth of online gambling

Online Gambling is on the Rise

Online Gambling is on the rise though now that Covid-19 is on full swing but for good reason, since it’s best to stay home.

The online gaming world is up in numbers and that is enough to spur online casinos into building it. They know that as they continue to fuel time and effort into gambling, they are going to keep on building more money.

The dual benefit though for United States is that they get to see more money and more jobs coming into their market.

Let’s say a moderate-sized casino is built in a location with a high unemployment rate. The casino needs people to build the facility.

Nowadays, facilities are bigger than ever so this could mean temporary work for hundreds of workers.

In addition, once the casino market gets open, it will need managers, dealers, waitresses and waiters, house keepers, bartenders, office managers, a/p, a/r workers, etc.

The diversity of employees needed is a benefit for the locals. It can employ those with technical training, office training, managerial training and any other kind of training.

There are hundreds of people who normally line up to apply- especially in the areas where the unemployment rate is notably high. They are looking for opportunities and the thought of a huge online gambling center being put up, is a great encouragement.

The jobs created also mean that the large online casinos will be able to function that much more efficiently and quickly. Once the human resources are settled, the casino can get onto the job of operating at full capacity.

The trend of using online gambling right now is being fueled by public interest. There are still millions of Americans who have no way of rebuilding their nest eggs and online gambling is a means of doing just that.

The payouts right now are huge and gambling companies are building them up even higher than ever before.

This is part of the reason why gamblers are so interested in the gambling market right now.

They recognize the quick life-changing jackpots that are around and want to take full advantage of them. There are few other options that can help them to revive the market quite as easily and quickly as gambling.

It is expected that online gambling will continue to be developed in years to come as public interest grows even more.

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Safety Concern for Online Gambling

So how are online gambling companies doing to protect their players? They can do what they can using the highest level of security to keep databases from being hacked. This is the number one tactic that is being used to protect customers.

The problem though is that there is only so much that they can do. Although companies are trying to use technology to shore up security, hackers are just as smart.

They know the ins and outs of gaming too. For the most part a customer can use an online casino with top notch security, but there are still steps they need to take to protect themselves.

One thing a player can do is to use an e-wallet to manage their money. When you sign up to an account at an online casino usa you have to fund it.

One way is to directly give the casino access to your bank account. Another safer way though is to give the casino access to an e-wallet. You will share your personal information with the e-wallet company but they never share it with the casino.

This way the casino never has your information stored on their database. If they are hacked, then your personal information won’t be handed to a thief.

Sure they may have your name and the e-wallet account number you use, but then they would have to break into the database of every e-wallet customers use to get their personal information. That extra step makes information more protected.

Another thing you can do is to work with a debit card. This way you can limit the amount of funds you put on the account.

For example, you may put just $300 on the card during your gaming session. This way IF a hacker gets access to your debit card number, they only have access to your $300 and not your entire bank account.

Either way, you can protect yourself. Sure the casino is going to do what they can to keep your information safe, but sometimes technology is working too fast for even them.

Your best bet is to take your personal information into your own hands and create as many barriers to it as you possibly can.

Asian Gambling Market

The Asian Gambling Market

One of the fastest growing gambling markets right now is the Asian Gambling Market one.

Asia is a country that no one would have though would have taken off quite like it did.

If you look at the biggest revenue growth, it is countries like Macau and Singapore that have taken off.

A few years ago, at the height of the recession, casino companies in the states were suffering. They were having problems finding a steady stream of customers to sustain them.

The reality of their situation is that the very gamblers they had relied on to build their businesses for years, were no longer at liberty to keep on doing so.

People were suffering from unemployment, over-extended bills, heightened taxes and lack of credit. Their only choice was to shore up their particular finances and cut back.

Gambling was something that was a sure-fire entrant on that list of cut-backs. It had to be cut out.

This is why so many different people had to no longer sustain their local casino. Casino companies had to realize the losses and factor them into their business models– not an easy thing to do.

This is why so many companies had to deal with their consistent losses and ended up cutting back drastically.

Asian Gambling Market

The interesting thing though was that the Asian market never suffered at all.

It was a place that maintained a long-standing growth pattern despite the economy. It made it that much more of an interesting situation because of the differing ways that the market was growing.

It was not uncommon for the Asian market to see a 40, 50 or every 60% increase in growth over the course of just one month!

This was something that gambling companies all over the world were amazed at.

They wanted to know what it was about the Asian market that was impervious to market changes…even defiant of them!

This is why there are so many different companies right now that are looking to enter into the Asian market, or at minimum invest there.

They know that the growth the Asian markets have seen was consistent and big enough to likely not be ending any time soon.

Poker Continues its Rebound

Since Black Friday, the state of poker has been up in the air. Would the shutting down of the three main poker websites in the US by the Department of Justice cause people to stop gambling?

Would it cause people to stop gambling in the US? Would it turn away millions of dollars as a result?

All of these questions also came into play because of the huge dollars that online gambling is consistently bringing in. Now that Black Friday is a few years behind us, what exactly is its effect on the world? One way to gauge how well poker is doing is to look at the popular poker tournaments that already have decade-long histories.

First of all there is the World Series of Poker, or WSOP. This is a big-dollar tournament that hands out multi- millions in payouts to the top table winners. The main tables were yet to happen when Black Friday first occurred. It was encouraging to organizers that though the market was shaken, people were still signing up for hotel rooms in Las Vegas to visit the WSOP in record numbers as expected.

There was no mass exodus from poker or from the WSOP to speak of. This was an early sign that poker was not a dying market…regardless of what the US Department of Justice did. There was enough of a market to continue to work with as gamblers reeled from the changes.

Another sign that poker gambling online is going to be fine is the sheer number of people who are signed up for the coming World Poker Tour, or WPT. They are also coming in as projected, or better. People love the WPT because of its innovation.

This was the first poker tour to embed a camera in the table and give viewers the opportunity to see the player’s hole cards live during the tournament. This offered viewers a personal investment in the gambling and put a new spin on viewership as a whole. Players love to watch poker as much as they love to play it.

Despite the changes going on in the US market regarding online poker gambling, it likely is not going to die anytime soon.

growth of online gambling

The New Year Brings New Casino Bonuses

All avid casino gamblers should brace themselves for 2019 by checking the new casino bonuses. The casino gambling market is highly competitive right now and that means that one operator after another is trying to outdo the others.
 

 

Casino bonuses have been around for relatively a good period of time as compared to brick and mortal casinos. Though online gambling has taken off, it wasn’t until their popularity developed that gambling companies started to offer the casino bonuses.
 

They realized that gamblers were more discerning than ever and were looking for the bigger returns. When the online gambling market first began, people weren’t quite sure what to expect. They were used to going to land-based casinos for their needs and rarely even thought of playing on the internet.


Once internet gambling became safer though, people started to consider it for their gambling needs. The flexibility and convenience of online gambling both play into how popular it is and has grown.


People love the idea of not having to go to a physical location. In today’s rushed world, some people just don’t have the time to take a long weekend for gambling. Or, they don’t have the time to drive a few hours to the local casino and back.


This is where internet gambling comes into play. It offers players the chance to log in immediately and have an hours-long gaming session, or a few minute-long gaming session. It all depends on what time they have to invest in their gambling. This is why they continue to wager in the online market in record numbers.


The biggest return though of online gambling is how many promotions are coming out of the woodwork. Due to how competitive things are, online operators are getting more ingenious than ever.


They are coming up with the returns that not only grow customers’ bankrolls, but also offer people merchandise and comps to go along with their returns. This is where players can continue to build on what their big returns are.


Not all of them have to be monetary to make the most of a gambling sessions though. It is sometimes just as much fun to win a great meal or a show ticket as it is to win some cash.

Building Your Skills in Online Gambling

When you are online gambling at the casinos you want to always consider how it is developing your skills. Yes- gambling is fun. This is the main reason why it is around but it also is a great way to develop your skills as a gamer.

If you are working with games of luck then you won't have to worry about strategy, but if you are working with games of skill then you will.

These are games like poker and blackjack. Both games require experience to allow you to perfect your own results with them. There are may experts out there who will tell you they have the "secret" to building skills. They likely are offering these secrets for $19.99 or more! This is a sure-fire sign that there is no magic formula to take that is going to allow you to win big.

Realistically if there was, wouldn't everyone be taking it and winning? The bottom like for games of strategy is that you have to practice them. There is no way to get around that- and if someone tells you they have a "fast track" don't believe them! Especially if they will share it for a small (or not so small) fee!

In the online gambling world you are going to have to put your time into studying games of strategy. They come with a lot of returns, but they also come with a big learning curve.

Just ask any gambler who has won a big-dollar tournament. They will tell you stories about the months, even years, they have spent working with games to hone their skills.

The good news though is that in the world today you are going to find plenty of different locations where you can study your strategy. You can log into an online casino and be able to get in a few minutes of studying. This is a great way to work with the games.

The internet is immediate and if you want to work with a strategy, it is the perfect platform to use. Strategies need to be worked on so be sure to give yourself enough time to learn them.

The internet is more helpful than ever though when it comes to learning on the fly so be sure to use it!