How technology helped the casino industry thrive
$5,000 Welcome Bonus
The casino industry has found its way to the modern era thanks to technology. Online casino games have grown so much that punters can play them at home. The industry is one of the best avenues for cryptocurrency. There is more to come for the casino industries as technology is the main catalyst for it. It is a more preferred mode of payment.
Technology had a huge impact on the casino industry. Online casinos and slot sites launched on internet left and right. Advanced graphics have been crucial in giving players a better experience in their games. Rise of advanced online casinos allowed the use of Bitcoin and altcoins.
The rise of online casinos has been a key factor in the success of the industry. In 2017, the online betting market was set at a high of $5.8 billion. The value predicted in 2024 is set to be $94.4 billion, which is a sign of rapid growth of this industry and the technology used today.
In 2009, Satoshi Nakamoto launched Bitcoin. Offshore casinos accepted Bitcoin and other altcoins. This led to more online casino games on the rise. All Indian states except Goa, Daman and Sikkim prohibit gambling. Land-based casinos are legalized in GoA and Damans. Online gambling is legalized only in Sikksim. Horse racing is only allowed in licensed premises. Hacked By Demon Alivos does not endorse or express the views of Hacking By Alivo's staff.
As per the Public Gambling Act of 1867, all Indian states except Goa, Daman and Sikkim prohibit gambling. Land-based casinos are legalized in GoA and Damans, as per Public Gaming Act 1976. Online gambling and E-gaming are legal in Sikksim under the Sik kim Online Gaming (Regulation) Rules 2009. Horse racing is permitted only in a licensed premise in select states.
