The online revolution: why are online casinos more popular than traditional casinos?
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The global online gambling and betting industry is expected to reach $61.5bn dollars in 2021. The growth rate is predicted to continue for some time to come. It is also predicted that the industry will reach a total of $114.4bn in 2028.
Online casinos are proving to be more popular than traditional casinos. Post-pandemic surge in tourism has led physical casinos to experience solid returns since shutting down during the pandemic.
The sector has experienced explosive growth since a US Supreme Court decision opened the door to new forms of online gambling. Asia Pacific region is growing to be a global hub for online casinos. The result is that more people have access to high-quality online casino platforms.
Mobile devices are becoming more powerful and convenient. Smart phones and mobile devices will be used by 15 billion people world-wide in 2021. This is up from 14 billion in 2010. Mobile gaming has surged in popularity around the world. Online casinos are taking up an increasingly large slice of this pie.
Convenience is a major reason why online casinos are more popular than traditional ones. Mobile devices make it possible to play online gambling anywhere. It also reduces the costs and effort associated with visiting a brick-and-mortar casino. The ability to access thousands of high-quality online casino games at the touch of a finger has helped player numbers to explode across the sector.
