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Category Archives: Online Casino
The best casino apps in 2020 – Times of Malta
Posted: January 11, 2021 at 10:12 am
Casino apps have become the new standard for mobile playing in some parts of the world. Especially Europeans have embraced this new way of playing, and a lot of players prefer this as opposed to playing from their browser. Some online casinos refer to themselves as a multi-platform casino. This normally means that they dont necessarily have a downloadable app, but rather that the casino is optimized for tablets and phones and can be accessed through the browser.
Casino apps have become popular all over the world. In recent years weve seen a spike in both Norwegian casino apps as well as Swedish and Finish ones. The Scandinavians arent the only ones who enjoy playing on the go, and we believe that this trend will keep on growing the next few years. As of now there are a fair amount of casino apps available for both android and iOs players, and were going to take a look at some of the 2020s best casino apps.
Betsson is a well-established online casino that opened its digital doors all the way back in 2003. This is a casino that really shows that it's keeping up with the times, through their very user-friendly, innovative and modern casino app. The app is available for Samsung, Apple, Huawei, Sony, HTC, LG, Motorola, OnePlus and Xiaomi devices.
From the app you can play all your favorite games from big name providers such as Nyx and NetEnt. This is a casino that really has put time and effort into making their app look as good as its working. From a great design, varied gaming selection, easy and user-friendly features to unique bonuses Betsson casino app is among the best on the market.
ComeOn is another well-known online casino that has entered the mobile casino market. The original online casino was launched back in 2011, and has managed to create a safe and popular platform for online games. Their mobile application has a large gaming selection, with games provided by the popular software developer NetENt. The ComeOn app can be downloaded on devices from Apple, Android, BlackBerry, Windows, Sony, LG, HTC, OnePlus as well as a bunch of tablets.
ComeOn casino app has a great design that really complements the original colour palette of the online version. You can access a lot of the same payment methods such as Visa, Skrill, and Paysafe to name a few. Youll find a varied selection of games, more accurately around 50 games that can be played directly from the app. The gaming selection consists of old classic slot machines, as well as the popular table games, roulette, blackjack and video poker.
The online casino Leovegas has been around since 2012. They have now launched their very one mobile casino app, that can be downloaded at both iOS and Android devices. You can choose whether you want to download the live casino or the betting casino separately, which is great for players who know exactly what they prefer to play.
The LeoVegas Casino app has a great gaming selection consisting of popular titles from well known developers. Yggdrasil Gaming, QuickSpin and NetEnt are among the software providers that you can find here. The design is flawless, and the app is very user-friendly on all devices. You can easily navigate your way around the app without any hassle. The customer service, security level and payment methods are just as good in the LeoVegas Casino app, as it is in the online casino.
There are several reasons why a lot of players prefer mobile apps, as opposed to playing from their browser. Even though an online casino might be optimised for phones, doesnt mean that all of their gaming selection is compatible or mobile-friendly. If you play in a casino app however, you can be sure that all the games have been designed to work seamlessly on tablets and other devices.
A lot of casinos do special offers and bonuses for their mobile players. This is also something that makes playing in casino apps more favourable than just from your browser. We are seeing more and more apps being released on the market, and most of them are available for both iOS and Android players. Some are even optimised for Windows and other types of smartphones. We are sure that this is only the beginning of mobile casino apps. Even though the desktop market always will be there, the future's looking bright for easy, user-friendly and accessible mobile casino apps.
Disclaimer: Play responsibly. Players must be over 18. For help visit https://www.gamcare.org.uk/.
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Popular game developer to provide content to online casino platform provider for operators targeting the newly regulated market – Telemedia Online
Posted: at 10:12 am
Stakelogic, the progressive and innovative online casino content developer, has become a founding partner of the Dutch Gaming Association and will provide its full suite of classic and video slots to operators through the DGAs platform.
The Dutch Gaming Association was founded by Peter Spellier,the brothers Ron and Marcel Traarbach and Stakelogic, and provides operators looking to target the newly regulated Dutch market with a turnkey online casino platform that is compliant with regulations.
Stakelogic will integrate its full suite of classic slots into the DGA platform and will also design and develop exclusive slots that will only be made available to operators that use the DGA platform. The offering of exclusive slots has proofed to be an effective mean to increase player retention.
Analysts predict that 65% of the regulated Dutch online casino market will be made up of slots play, whereby classic slots are expected to do more than half of all slot play. . Stakelogic is seen as the unchallenged world market leader in de classic slot segment. Therefor Stakelogic is lined up to take a substantial share of the Dutch market.
Stephan van den Oetelaar,CEO of Stakelogic, said: The Dutch market provides tremendous opportunities for operators that can enter the market fast, with content that appeals to the Dutch player preferences and is supported by a platform that is fully compliant with the new Dutch regulations.
The DGA provides this and Stakelogic is delighted to be a founding partner. We are also thrilled to have integrated our classic slot and video slot games into the platform and to be working on a number of classic slots specifically for the Dutch market.
This is a tremendous opportunity for Stakelogic, for the DGA and for operators looking to expand their reach into what is a hugely exciting market.
Henk Wolff at the Dutch Gaming Association, said: We are incredibly bullish about the Dutch market and believe that our technology and content offering provides operators with the best platform from which to deliver a winning player experience and to ultimately succeed.
Content will undoubtedly be king in the Dutch market, and that is why we are pleased to have Stakelogic as a founding partner and to be able to offer its games to our operator partners. We are particularly excited about the exclusive classic slots in the works.
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Casino Gambling Online Trends 2021 – TheSpread.com
Posted: at 10:12 am
Casino Gambling Online Trends 2021
The online casino gambling industry experienced record growth last year and 2021 is expected to be even bigger.
Casino classics such as slots and the BetRivers promo code are still the most popular games and bonuses but other ways of gambling are taking form such as decentralized gaming. In this article, I will talk about what technology is driving the trends and what to expect in the near future.
How Decentralization Is Transforming Online Gambling
One of the major growth areas over the last 5 years is decentralized gaming. It works by the decentralized blockchain running smart contracts that make possible a completely decentralized platform. Become it is decentralized means anyone around the world can access it anonymously along with can be ensured true results due to blockchain verification of each transaction.
New Casinos Powered By Crypto Tokens
New blockchain-powered gambling platforms can create their unique characteristics of cryptocurrency. It can be done via using blockchains such as Ethereum and EOS. There are many advantages of this for the players but there are also risks attached as well that you need to be aware of.
The main benefit is that they can create an ecosystem where all players share in the house profits. These are distributed via smart contracts and the amount is determined by the percentage of coins you hold. Players can also earn free coins by mining taking place while games are being played. These are the future of gaming but the technology is far from working perfectly at the present.
The risks are that these types of crypto coins are extremely volatile and most projects have ended up with players losing all of their coins accumulated. It is important to understand that no new blockchain project is a sure-fire thing so always only invest what you can avoid.
Is This The Year That VR Casinos Finally Take Off?
Over the last year and the start of this year, many people around the world have been forced to stay indoors. It has led to many looking for ways to entertain themselves which is why VR has seen record growth in 2020. There was also the successful launch of oculus quest 2 along with an update for PS5 VR. Many experts believe we are now only a couple of years away from seeing mainstream VR so will 2021 be the year of the virtual casino rise?
Final Thoughts
The online gambling sector is one of the ones that have seen the biggest growth in recent years. Unlike sectors like tourism, restaurants that have fallen apart and are struggling to stay afloat, the online gambling sector is experiencing record growth. The improvements in technology and breakthroughs such as the blockchain are revolutionizing the industry but we are a couple of years from becoming a serious threat to the centralized casino model.
In 2021 expect to see more esports gambling along with more platforms launched that provide a chance for players to share in-house profits through new crypto coin blockchain casinos. VR is still a few years away from mainstream acceptance but will make big progress this year.
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5 Most Difficult Niches in the Online Marketing Industry according to Casino Robots – ABCmoney.co.uk
Posted: at 10:12 am
With COVID-19 forcing millions of people out of work, the internet looks like it offers an opportunity to try and earn a living online.
Setting up an eCommerce business is challenging, and theres plenty of tasks involved with launching and managing a webstore, blog, or affiliate landing page.
To make the most out of your online experience, you need to choose a niche where you have the best chance of penetration. The reality is it takes a marketing strategy to make your website rank in search and SERP.
Therefore, there are some niches that newbies should avoid when thinking about starting an online business. Some niches cost a fortune in ranking for keywords, and the expenses involved marketing and SEO.
Here are our five most difficult niches in the online marketing industry. Avoid them unless you have a large marketing budget and deep pockets.
#1 Gambling and Casino
Online gambling and casino are possibly the most challenging niche to rank online. According to Casino Robots, its a competitive niche with brands and companies generating millions in revenues. Therefore, you can expect the niche to be challenging to penetrate.
Most casinos spend a large part of their profits on advertising and marketing strategies to draw in more business. They offer the latest casino games and competitive bonus packages for players on the front-end. On the backside, they spend millions on AdWords, social media, and video marketing strategies.
As brick-and-mortar casinos closed in 2020, the online gaming space absorbed the action. As a result, business is booming for casinos, and the industry is even more competitive than it was at the beginning of the year.
#2 Adult
Adult is another popular niche that exploded in 2020. With adult stores closed, everyone is moving their business online. The adult niche has plenty of opportunity for talented marketers, but it also has plenty of competition.
The internet got its claim to fame from hosting adult content, but today, eCommerce far outweighs the old model. Adult websites rank for some of the most expensive AdWords, and you need a deep marketing budget to accommodate the costs involved with competing against the top companies and affiliates.
To run a profitable business, you need to specialize in combining sub-categories. Marketing to your audience can require some racy content, and youll need to hire copywriters comfortable with working in that industry.
#3 Payday Loans
A payday loan website is a lucrative but competitive niche. However, its not the best option for beginner internet marketers. Ranking for a payday loan site takes a massive amount of outreach and backlinking to improve your rankings.
In 2016, Google decided to ban payday lending websites from advertising using the Google SERP platform. The reports of predatory lending practices from unethical companies caused concern with promoting these businesses.
As a result, marketers must resort to social media and link-building strategies to build their business. Using digital traffic sources to deploy geotargeting strategy through social media and local PPC offers the best value for your marketing budget.
Payday loan prospects come from specific demographics, with targeted customer personas. Therefore, using your strategy to target these groups on social media is a great way to attract new customers.
#4 Real Estate
Real estate continues to be one of the most profitable and competitive niches online. Real estate agents put a huge amount of work into marketing. Unless you have a solid work effort and a Deep marketing budget, its challenging to compete.
The best strategy for ranking in real estate is to focus on promoting local listings. Using local SEP tactics and strategies to target specific zip codes is the best way to promote your companys listings. Facebook Ads allow you to geotarget prospects in your local area, promoting your listings and your company in their feed.
Focus on using informational, local keywords surrounding real estate investments, such as demographic information, legal, and financial data. Remember the importance of using video and high-quality images in your marketing strategy.
#5 Cryptocurrency
With Bitcoin breaking its 2017 high almost three years to the day, cryptocurrency is in for a wild ride in 2021.
Crypto is one of the most competitive niches online, and like Google banned payday loans, social media banned crypto. Therefore, its challenging to advertise your crypto business on these platforms, and youll have to find alternative methods.
There are plenty of models for working with crypto online, from crypto cloud mining programs to promoting exchanges. However, its a challenging niche requiring extra effort from marketers.
To be successful, youll need to focus on backlinking and building your reputation on social media without the use of ads. That means creating an organic reach, and thats challenging on a platform that focuses heavily on its advertising model to generate reach for your posts.
Choose the Niche thats Right for You
Marketing a business online is challenging work. Therefore, make sure you choose a niche you enjoy working in every day. When you have passion for your work, it will help you persist through the challenging times.
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5 Most Difficult Niches in the Online Marketing Industry according to Casino Robots - ABCmoney.co.uk
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Receive $100 Bonus When You Pre-Register on FanDuel Michigan Today! – Lineups
Posted: at 10:12 am
Michigan is within weeks of going live with online sports betting and casino gaming, and FanDuel Michigan will have you covered for the big launch. Right now, if you sign-up before the state goes live, you will receive $100 in pre-registration bonuses courtesy of FanDuel. All you need to do is create a FanDuel account, and there is no need to make a minimum deposit for their bonuses.
The first bonus is a $50 free bet bonus to be used in the sportsbook and $50 in casino credits for the online casino. The bonuses will help you explore the online casino and sportsbook to see which games and betting markets you prefer using. You will have up to seven days to use the pre-registration bonuses before they expire. Head over to FanDuel Michigan today before its too late.
Despite the controversy surrounding the Washington Football Team and the Philadelphia Eagles Sunday night game, the Football Team is in the postseason for the first time since 2015 with a 7-9 record. Washington gets to take on Tom Brady and the Tampa Bay Buccaneers.
This should be a great defensive matchup on Saturday with two of the best defenses in the NFL. Washington and Tampa Bay have defenses in the top five in defensive DVOA, according to Football Outsiders. The Football Team will have a much tougher time moving the football than the Buccaneers will in this matchup.
The Buccaneers offense ranks third in the NFL in DVOA. The Buccs could have a limited Mike Evans this Saturday after suffering a scary knee injury last Sunday vs. the Falcons. However, the x-rays came back negative and avoided what could have been a brutal loss to this offense.
Washington could struggle to move the football on Saturday. The Football Teams offense ranks dead last in DVOA, according to Football Outsiders, behind the Jets and Broncos. The story Alex Smith is creating this year has been great, but it will not cut it on Saturday.
Washington has struggled to move the football in recent weeks, which came against defenses like the Eagles, Panthers, and Cowboys. The Buccaneers have a top-five defense and should have no issues slowing down the Football Team offense.
Fortunately, the Washington defense has kept them in every game this season, but trying to stop Tom Brady and the Buccs offense will be difficult this weekend. The Football Team is an eight-point underdog this Saturday and will need to pull off something historical to move onto next weekend.
The defensive matchup will be outstanding this weekend, and scoring points will come at a premium. There is value on the under anything above 42. The Buccaneers should score at least 20 points this weekend, but its hard to see Washington scoring in this game.
The Football Teams offense is one of the worst in the NFL and 25th in points per game. The Buccaneers defense will do enough to keep the game under the total. The spread will be surprisingly close, but the total should go under.
Under 42 or better
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Norway initiates new limits to casinos – European Gaming Industry News
Posted: at 10:12 am
Reading Time: 3 minutes
Norway is one of those countries which is especially strict with its regulations in the gambling industry. While gambling online is still legal in Norway, the regulations make gambling almost impossible. Besides the strict regulations, the monopoly of the industry does not let many online casino operators be present in the market, and thus, the online casino players, are having a hard time choosing the right one.
With the global pandemic going on, the number of active casino players is increasing. This is due to the fact that land-based casinos are closed almost all over the world, and the only possible option for gambling is online. This is why all of the players have turned their backs to the brick and mortar gambling and instead are actively placing their deposits online.
While the pandemic might have definitely done good for online gambling, it definitely did not affect the online players positively. According to some research and statements, published by different affiliate websites, the number of problem gamblers has increased drastically, making officials consider their limitations and perhaps implement some new initiatives to prevent the problem of gambling.
Norway is just among those countries that decided to change and restrict its approach even more to the gambling industry. Norways online gambling monopoly is imposing new holiday spending limits. The limits have been increased recently as well, though in the first half of December the limits have been increased even more. On the other hand, PartyPoker plans to make this Christmas the worst ever possible.
Norsk Tipping was the first to announce the new regulations. The operator mentioned that it was reducing the mostly loss limits due to the higher risk of addiction by 25% to NOK7,500. The maximum daily loss limits on these games will be down to only NOK2K. Not only the online casinos made the announcements, but every other affiliate and third party representatives are also encouraged to deliver this news to the customers. The Gratis Spinn turned out to be quick on the action and made an almost instant announcement regarding the upcoming changes for the Norwegian customers.
The products like KongKasino, eFlax, Bingoria, and Yezz will also be subjected to an extended time out period after one hour of continuous play. The previous 90second delay will now last for 15 minutes, which is a very big change. The company is also removing the popular tag from its most popular casino games, in order to attract less attention from the customers. The tags, as well as promotional messages, will be limited to the players aged from 18 to 25.
The pre-selected stakes on certain products are being set as low as practically advisable and Norsk Tipping warned that it is not ruling out a further downward adjustment of maximum betting stakes on certain casino products. The betting was limited for a long period of time, as every sports activity was canceled or postponed because of the pandemic and now, the betting limits are even more discouraging to the punters.
According to the Norsk Tipping, the limits have been very effective and efficient in fighting the problematic gambling with the online casino players. Though now unlike every other December, which is supposed to be the most lucrative month of the year, December is very much limited and no high hopes are placed on the operations. Though because of the doubled flow of the players, both because of the pandemic in December month, the accountability measures shall be in place before the end of January.
Asen Havnelid the CEO of Norsk Tipping said that the company will use its Playscan risk-analysis tool to monitor and control the measures with the intended effect. The tool is capable of controlling if the measure is in place and what kind of consequences they may bring. Also, according to the results of the data collected from December to January, the company will decide further actions regarding the new initiative, whether to continue or not.
Meanwhile, Norwegian poker players reported receiving emails from PartyPoker this week informing them that the sites will prohibit further deposits. The new regulation was taken in place from the 17th of December. Norwegian players will lose the ability to make any kind of deposits, though they will be able to require the withdrawal of their winnings from the account past the 17th.
This is not the first case, players confessing on the PlayPoker emails. The hundreds of players from different countries received similar emails, stating that they will be limited to use PokerPlay services. This is especially discouraging for the players outside of the US, where no changes have been noticed. The company made a statement regarding their intentions, saying that PokerPlay, which is the child company of GVC Holdings, is planning to limit its operations in every other market, rather than the US, in order to improve the reputation and operate solely in the regulated country.
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Can Brick-and-Mortar-Heavy Las Vegas Sands Pivot Online Fast… – OnlineGambling.com
Posted: at 10:11 am
In an industry-defining about-face, the Las Vegas Sands Corporation is likely to open online gambling operations this year despite previous resistance from the companys chairman Sheldon Adelson.
But does the Sands have enough in reserve to reverse its decades-long anti-online stance and spin up a viable online product?
The companys 87-year-old billionaire CEO is currently taking a leave of absence to resume non-Hodgkins lymphoma-related treatment. Adelson was last treated for the disease in 2019.
In Adelsons absence, acting CEO Rob Goldstein has reportedly recently discussed moving the worlds biggest gaming company by market capitalization to the online sports gambling space before the years end.
Before this, Adelson has vociferously opposed the endeavor and spun up and financially backed lobby groups such as his Coalition to Stop Internet Gambling (CSIG) to slow web- and app-based casino proliferation games and sportsbooks.
I am willing to spend whatever it takes, Adelson said when launching CSIG in January 2014. My moral standard compels me to speak out on this issue because I am the largest company by far in the industry, and I am willing to speak out. I dont see any compelling reason for the government to allow people to gamble on the internet.
But the Sands may be feeling the pinch of brick-and-mortar revenue lost in the 10 months since the COVID-19 pandemic landed on US shores.
At the end of Q3 on Sept. 30, 2020, the Sands announced an operating loss of $610 million, compared to an operating income of $899 million in Q3 2019.
The companys net loss in the third quarter of 2020 was $731 million, compared to a net income of $669 million in the third quarter of 2019.
At the time, Adelson tried to put a positive spin on the historic shortfalls: I am pleased to say the recovery process from the Covid-19 pandemic continues to progress in each of our markets, he said. Our greatest priority as the recovery continues remains our deep commitment to supporting our team members.
Adelson and the Sands are no strangers to digging out of holes during untenable financial crises.
A quick history lesson: In November of 2008, at the height of the Great Recession, the company announced it would default and face bankruptcy if its debts werent restructured.
At the time, the Sands had $8.8 billion in long-term debt and could not satisfy the requirements of loans arranged by Citigroup Inc., Goldman Sachs Group Inc., and Lehman Brothers Holdings Inc. The latter had declared bankruptcy itself on Sept. 15 of that year.
By January 2009, the companys market value had plunged more than 90 percent, and Adelsons net worth shrunk by an estimated $13 billion. He and his family injected $1 billion out of their fortune to keep the company afloat.
After the economy recovered, the company continued to grow its physical footprint and aggressively expanded internationally, building luxury properties in emerging markets like Macau and Singapore.
Financial analysts believe the Sands could become an immediate online player by tapping once more into the Adelson war chest.
Ending in Q3, the company reported current unrestricted cash balances at $2.38 billion. The Sands also said it has access to an additional $3.95 billion available to borrow. And if that wasnt enough, Adelsons net worth is back up to $35.6 billion according to Forbes, leaving him with deeper pockets than each of his rivals combined.
Since the 2018 Supreme Court ruling on the Professional and Amateur Sports Protection Act opened up legal online gambling to be a state-mandated decision, the Sands is the only US casino operator without an online gambling sportsbook.
In that two years since states started to regulate online gambling rivals MGM,Caesars Entertainment, and Wynn Resorts have expanded their online brands starting with Nevada and New Jerseytoday at least one of those brands can be found live in all of the 20 states plus Washington DC where gambling is legal. With Michigan andVirginia set to go live this month and New York in the offing sometime this year, the land-grab will only grow more intense.
To keep up with the demand for growth last fall Caesars acquired London-based sportsbook William Hill, and MGM is currently attempting to acquire London-based online gambling and retail giant Entain. Today, the Sands sports wagering offering is limited to a William Hill sportsbook at the Venetian on the Las Vegas Strip and kiosks at Palazzo next door.
But Adelson had a chance to get in early. In the companys 2001-02 and 2002-03 filings with the SEC, the CEO was actually in favor of going online.
The company is actively pursuing the possibility of developing and operating an internet gaming site and is currently exploring other business opportunities for expansion, the Sands 2001 shareholders report said. The company entered into a joint venture agreement to assess the feasibility of developing and operating an Internet gaming site.
The nascent lure of internet 1.0 soon faded as the company saw profits climb from the opening of Adelsons dream property, the Venetian.
The luxury resort opened on May 3, 1999, to the release of white doves, sounding trumpets, and singing gondoliers. Actress Sophia Loren joined Adelson in launching the first gondola around the hotels moat. And the $1.5 billion resort, built on the old Sands hotel and casinos footprint, became the blueprint for the Strips pivot to gargantuan luxury properties with millions of square feet to host events and trade shows to match.
With a market capitalization that is still north of $44.4 billion, some analysts believe the Sands could lure a rival into a merger or sell off properties like the Venetian, Palazzo, or Sands Convention Center raise cash to buy an overseas sportsbook to become a player immediately.
A combination of improved regulatory momentum in states like New York and increasing valuations for online operators have likely weighed on their decision to reconsider, Roundhill Investments co-found Will Hershey said Thursday. The longer the pandemic rolls on, and retail operations suffer, the more pressure there is [for the Sands to get] online.
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Can Brick-and-Mortar-Heavy Las Vegas Sands Pivot Online Fast... - OnlineGambling.com
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How the Covid-19 Crisis Impacted Online Gaming Industries – TheCork.ie
Posted: at 10:11 am
11 January 2021By Roger Jonesroger@TheCork.ie
The onset of the COVID-19 coronavirus pandemic brought the world economy to a grinding halt in 2020. The gaming industry took a surprisingly bad hit, with brick-and-mortar casinos remaining closed throughout the global lockdowns. From South Africa to Las Vegas, casinos closed their doors, and punters had to find other venues for their action.
Bingo halls and betting shops remain closed, with owners facing tremendous hardship. The closure of racetracks and the termination of many sports leagues left sports betting shops suffering. The only sport available for betting throughout 2020 was the Ultimate Fighting Championship (UFC).
With physical locations experiencing business coming to a grinding halt, online casinos are thriving. It seems that the online gaming industry absorbed much of the action from regular punters, with casino slot games experiencing record traffic in 2020.
The lockdowns left millions of gamblers stuck at home with nothing to do. While physical betting locations and casinos had to shut their doors, online vendors faced no such restrictions. As a result, the online casino industry experienced its biggest year ever, with most casino venues experiencing record volumes.
Many players look for a no account casinos when playing online, making it challenging to follow the exact number of players moving their business online. However, judging from the bump in revenues in Q2 and Q3 of 2020, Q4 will set new records for the online gaming industry.
Volumes at the virtual tables will certainly continue to explode, especially as the western world goes back into lockdown during the winter. This year, during the lockdowns, the most popular gaming choices were slot machines and card games, both experiencing record volumes of online players in 2020.
Many physical operators are taking their business online, and theres an increase in the amount of new online casinos and gaming venues launching on the internet. With the market shifting direction, smart owners understand the importance of moving their business into the digital world.
However, according to estimates, online operators saw an increase in revenues of over 13% so far in 2020. We expect the trend to continue into 2021, as more gamblers move to find their action online. We also expect the industry to adapt to the changes, and we dont know if physical gaming will make a comeback until 2022.
The US and UK governments continue to enforce the lockdowns, and with many experts stating that its going to continue well into 2021. we dont see the gaming industry making a comeback any time soon.
The CDC and Dr. Anthony Fauci stated that they though social distancing, mask-wearing, and limited crowd gatherings would have to continue for some time, even as governments introduce vaccine programs in 2021. Thats a shocking statement for any brick-and-mortar casino owner or manager.
The coronavirus pandemic not only closed casinos around the world, but it also forced casino staff into furlough or unemployment.
As a result, many dealers, waiters, bartenders, and hotel staff are going through the roughest time of their lives. With government reports stating that theres no chance of things returning to normal, these individuals rely on unemployment right now.
The virus disruptions in normal social life mean that international gaming revenues are down a staggering 11% in 2020. United Kingdom operators state they experienced a 50% loss in revenues, compared with the previous year.
However, closures were across the globe, and the Chinese gambling mecca, Macau, saw revenues drop by as much as 88% in Q2 2020.
All the findings in this post bring about several questions relating to the future of gambling. Its clear that physical gaming locations and casinos are on their way out. The chances of these institutions making it through another year of record-low revenues are not good.
Therefore, we can expect to see more brick-and-mortar betting shops and casinos go under in 2021. However, we expect the industry to move online.
The action wont go away; it will move to a new venue. The online industry can expect steady growth over the next two years as we navigate the rest of the pandemic.
When physical locations do reopen, maybe after introducing vaccine programs, we expect the industry to be a desolate place. Only the top players that had the financial resources to weather the storm will survive. That means your mom-and-pop betting shops are likely to go out of business in the coming months.
The COVID-19 pandemic is a global tragedy for the people and the economy. However, while the physical gambling environment is on life support, the online world of gambling thrives. We expect 2021 to be a record year for online gaming and the possible death knell for the traditional casino industry.
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Online Casino and Game Software Market (Covid-19 Analysis) SWOT Analysis, Key Indicators, Forecast 2028 | IGT, Playtech, Microgaming, Betconstruct,…
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Global Online Casino Gaming Market Precise Scenario Covering Trends, Competitive Scenario, Business Opportunities and Growth Forecast during 2020-2025…
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DesktopMobile
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