iGaming & Casinos: The Rising Popularity of Online Gaming and Online Casinos
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The rapid expansion of online casinos and online gaming has been unprecedented. Big data, blockchain tech, cloud computing, virtual reality, and iGaming are rapidly influencing industries globally. The COVID-19 pandemic has accelerated the desire for digital activities.
The American Gaming Association revealed that the U.S gambling revenue set a new industry record of $13.6 billion in the second quarter of 2021. It's projected to break the $44 billion record before 2021 ends. Bill Miller, the president and CEO of the American gaming association, said the industry is on its way back.
Online casinos in Canada are not legal, but Canadians can bet with offshore online casinos outside Canada. This possibility allows digital casino gaming and legitimizes it.
People still control what they play and the amount of risk they invest in online gaming and casinos. This has increased the number of gamblers.
Online casinos eliminate visiting Las Vegas. With the relative ease of doing things from your home, online casinos offer ease access.
The availability of invaluable games is essential. Online gaming industry offers games like progressive jackpots, poker, scratchers, video slots, bingo, and a few others. The graphics, the high payout rates, jackpot and associated in-game features make online gaming attractive and appealing.
Most people value safety and legitimacy. Minimal regulation enabled the creation of online casinos without licenses. Online gaming is free of fraud and the data of players and gamblers are protected.
The security of investing/depositing and withdrawing is the pull that has attracted people to the industry. People are no longer worried about the safety of their deposits and withdrawals. They can choose Bitcoin, bank transfers, PayPal, Visa, or MasterCard for their payments.
Some online casinos give bonuses to new players and returning players. Online casinos compete to offer better incentives.
The possibility of winning in a casino is exciting. Scientists believe that excitement creates the release of endorphins. Online gaming and casinos make people feel in control of the world.
