Online Casinos

Also known as virtual or internet casinos, they are online versions of traditional, or bricks-and-mortar casinos. With online casinos, gambling enthusiasts have a chance of playing and wagering on games using the internet. This is a prolific form of online gambling.

Online casinos mostly offer payback percentages and odds that are somewhat higher than brick-and-mortar or land-based casinos. A majority of online casinos buy, or rent, their software from notable companies such as Amaya, Microgaming, International Game Technology, Golden Race, Playtech, and Realtime Gaming.

Online Casino Market Insight

On a global scale, the online casino market is expected to witness a compound annual growth rate of 9.7%, during the forecast period of 2018 to 2023. If you happen to consider industries that have seen rapid and massive growth online, you will undoubtedly be presented with numerous examples of them over the years.

Among the many industries that have witnessed rapid growth online, casino gambling on online platforms is one of them. In just a short span of time, online casinos have experienced steady increases concerning popularity, with more and more people signing up with several sites, to enjoy the many online casino games that are on offer. A primary reason as to why online casinos continue to grow in size and popularity is because they are highly responsive to innovations and new forms of technology.

Internet penetration seems to have proven to be a significant driver for the growth of the online gambling market, along with live gaming and mobile betting, that have had profound impacts on hundreds of operators. Additionally, there are opinions that the adaptation of virtual reality gaming across online casino gambling will change the dynamics of the market in the years to follow.

Advantages of Online Casinos over Bricks-and-Mortar Casinos

Undoubtedly, the internet has truly revolutionized the manner in which gambling enthusiasts play their games. Whether you are a blackjack enthusiast, a poker player, or love trying your luck at the slots, there are hundreds of casino games that you and your friends can indulge in online.

But what are the advantages of online casinos? Are there any advantages that come with them? Many benefits come with online casinos. First, online casinos are convenient, and available whenever you want. If you are busy or live far from a land-based casino, all you need is a laptop or a smartphone, to play your favorite online casino games.

Second, online casinos are safe. With online casinos, you won’t have to battle with the loud noise that’s common in bricks-and-mortar casinos. With online casinos, you won’t have to worry about finding a parking spot, fighting through the crowds, and choking down cigarette smoke among others.

Online casinos are known for having in place attractive promotional offers that you will find hard to resist. Here, you are promised of several promotional offers and bonuses, that you may not encounter in brick-and-mortar casinos.

Lastly, online casinos are friendly to the environment, and by using them, you play a role in reducing your carbon footprint, not forgetting the fact that you have a wide variety of games in place to play.