So many of our daily tasks and habits have become easier than ever before, thanks to the evolution of the internet. It seems like a desktop and smartphone can meet virtually all of our needs efficiently and painlessly. A variety of industries have soared as a result, and that’s especially the case with the casino gaming sector.
Before online casinos started, their brick-and-mortar counterparts offered extravagant gambling environments – at a cost. When casinos transitioned to the web, they were no longer bound by the traditional overhead costs and could therefore offer gamblers the same games with the addition of bonus money, sign up promotions, the ability to play games for free through “practice play” and lower stakes options. New players benefit most from online casinos because learning the ropes online is less intimidating than learning in a physical casino.
The success of online and physical casinos aren’t mutually exclusive. The online casino industry has fired up revenues at physical casinos by keeping gaming visible and accessible. In 2005, the total casino gaming revenue was just over $32.7 million USD, and in 2014 it was over $37.9 million USD. That’s the highest it’s been in the last 10 years. Online casinos keep classic games like blackjack, roulette and slots accessible and mainstream – even Facebook has recently allowed casino gaming on their platform.
Revenue generated from online gaming continues to help strengthen the American economy through taxation. Revenues get distributed throughout states, municipalities, Native American communities, wages, the purchase of goods and services, charities, the government and more. Not to mention the amount that goes back into players’ pockets through bonuses, special offers and social media giveaways.
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As revenue continues to grow, online casinos will continue to reinvest in their software and improve their services and products. We’re already seeing a lot of growth in mobile casino technology, and it will continue to branch out from there. The advent of mobile gaming technology lessens dull moments; you can enjoy a few rounds of your favorite table game while waiting in lines or for meetings. After all, it’s 2016: Technology waits for no one.
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