In this modern era, everything is going digital, especially during COVID-19. Online casinos have quickly become the place for people to gamble and it’s so easy. And accessible in the digital space, as a result, traditional casinos are fast becoming a thing of the past. One of the key reasons apart from the pandemic is that people are saving time. And money because they don’t have to travel and pay to park at an online casino and thus have more money to gamble and fewer barriers to entry.
The new generation of online gamblers can research online casinos before choosing where they want to spend their money gambling. This is often choosing quality sites like the award-winning Mr Green because of the quick withdrawals and 24/7 customer support.
Different ways to gamble
Online casinos have no physical limitations so they can have lots of games. Which is good for the players as it provides much more exciting and long-term entertainment. Having such a wide variety of games means there is always something for everyone’s taste providing a fun and exciting experience. You can find all the games you would expect to see at a physical casino too like slots, blackjack, poker, roulette, craps and even bingo all from the comfort of your home.
Casino Bonuses
There are a wide variety of casino bonuses compared to physical casinos. Some of the bonuses might include a welcome bonus, no deposit bonus, free spins, multipliers and referral bonuses. The reason that bonuses are so good is that they give a player a chance to play and enjoy risk-free games and free winnings adding to the enjoyment.
All-time high
During the early phases of the first lockdown, there was a huge surge in online searches for casinos reaching an all-time high whilst the physical betting shops were closed in countries like the UK and Australia. Coupled with the closure of many sporting events globally, gamblers had to find online alternatives for betting. Betting sites with many products offered bored sporting gamblers an alternative to live sports betting with games like blackjack, roulette, and poker.
Deposits, withdrawals and customer service
Factors such as the ease and safety of making a deposit. Good and accessible customer service and most importantly the ease and speed of withdrawing your money from online casinos. Good options to look for are E-check, PayPal and pre-paid cards. It’s also a good idea to look at the customer support options, good sites will offer live chat, telephone or email. A good tip is to always look at the FAQ section first as this may have the answer you are looking for.
Market trends
High internet connectivity and the growth of smart devices are helping to drive the growth of the online gambling market. There is a shift in the acceptance of online gambling. Which is augmenting the demand and fuelling the growth along with high-profile sponsorships which are also attracting a large consumer base.
Market growth
The global online gambling market size was valued at $66.7 Billion in 2020 according to estimates. The global market is expected to witness continued strong growth from 2021 to 2026 with a predicted compound annual growth rate of 11.94%.