The online casino sector is experiencing an explosion in terms of users and revenue, with the statistics displaying this annual trend. One of the largest gambling markets is the UK. In 2018, the gambling sector produced a revenue of 14.5 billion pounds. About 40% of this revenue was contributed to the remote gambling segment.
Already one of the world’s largest betting operators, thanks to an excellent portfolio of brick-and-mortar premises and online sites - many of which offer some of the best free bet offers around – Entain now looks set to expand its operation still further.
In moments of financial uncertainty, there aren’t too many industries which escape unscathed. Historically speaking though, it is those spheres which involve a degree of speculation which seem more immune than most – be that the top Fx trading platforms, or leading betting companies. As such, it shouldn’t come as the biggest surprise that, in a time of widespread purse-tightening, many gambling operators are hitting the industry headlines courtesy of their expansion plans.
For almost as long as sporting events have been in existence, fans have sought to enhance the entertainment with a bet on the unfolding action - sports and betting simply go hand in hand. Beginning with peer-to-peer betting and moving on to the brick-and-mortar high street betting industry, these natural bedfellows have grown in unison.
In the online world of the 21st century, this relationship been sports and betting is stronger than ever, with sports betting companies regularly featuring in the industry news headlines.
India may not immediately spring to mind when thinking of global gambling hotspots. The pursuit is after all banned in much of the country, with the states of Sikkim and Goa being two or very few exceptions. Nevertheless, the nation has been hitting the industry headlines with increasing regularity of late, with online casinos new to India sparking a huge spike in betting online.
Outdated Laws Failing to Keep Pace
Increasingly, people are using their cellphones for mobile browsing and many of the parts of their lives when they need to get online fast. This makes sense, of course: we have our phones with us almost all the time, and if we need to check today’s weather forecast or monitor the score in a football game, the internet is right there in our hand. And when you need an online service in a hurry, you’re all the more likely to reach for an app than go to the trouble of seeking out a site in your browser.
The online casino industry is ever-evolving in order to improve the playing experience for customers. There really is no limit to where these online platforms will stop, as new technologies allow them to constantly revolutionise the industry.
Tennessee is one of the states in the US that has legal sports betting after the Supreme Court of the US struck down the Professional and Amateur Sports Protection Act of 1992 in May 2018. However, unlike other states with legal sports betting, Tennessee only allows online betting and doesn’t regulate any offline betting activities.
On May 26, 1978, the Resorts Casino Hotel in Atlantic City, New Jersey, officially opened its doors. The Resorts Casino Hotel is regarded as the first legal casino outside of Nevada in addition to being the first casino hotel in Atlantic City.
Since its launch in 2005, casino life magazine has grown to become the leading business-to-business publication that focuses on Casino Operations and, Manufacturers and Suppliers of Gaming Equipment and Services.
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