6 Factors That Influenced the Popularity of Gambling in 2021
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Portuguese gambling industry generated €139m in 2020. Most of the land-based casinos were closed and only allowed to resume operations under new social distancing rules and other health protocols. Physical sporting activities were suspended and resumed with new measures in place.
Portugal allows online gambling. The only thing that an online casino platform requires is an operating license. Some of the entities tasked with regulating gambling in Portugal include the Lisbon Holy House of Mercy and the Gambling Regulation and Inspection Service.
Gambling is no longer seen as a black sheep in society. People understand that gambling is a source of entertainment and a career for others. Review websites make it easy for internet users to land at the best sites. Portuguese players who want to play bingo can check bingo online reviews to make an informed decision.
Internet penetration in Portugal increased during the Covid-19 pandemic. Some of the Portuguese players who used to visit land-based casinos now had to explore online casinos. Portugal is one of countries rolling out a 5g network, which will increase speeds tenfold.
There were 5.05 million smartphone users in Portugal in 2015. The number is expected to be 6.51 million by 2022. Mobile gaming is popular in the country due to the availability of affordable smartphones and internet penetration.
There are more online casinos marketing gambling products. Online casinos must engage in ethical marketing practices. 6 factors that influenced the popularity of gambling in 2021.
Virtual reality is one of the technologies promising to change the casino gaming industry for the better. We expect to see more customer-centered products and technologies such as artificial intelligence helping the gaming companies understand customer behaviors better in the future.
