Online casino gaming is becoming more popular over the last few years. This is especially the case last year when the COVID 19 pandemic broke. With people required to stay at home due to lockdowns, many tried to find new activities to entertain themselves. There are a lot who found online gaming and gambling as a great way to spend their free time.
The online real money gaming market has reached over 64.13 billion USD last year and it is expected to reach a value of around 72.02 billion USD this year with a CAGR of 12.3 per cent. With this rate, the market is then projected to grow up to 112.09 billion USD by 2025.
We can only expect that more people will be spending money on online casino activities like the Online roulette game from 10CRIC in the coming years. Now, you may be wondering why online casino gaming is becoming popular in the first place. Here are some common reasons why.
Why People Gamble?
Whether you gamble online or not, this activity allows your brain to release dopamine which is a feel-good neurotransmitter. Having increased dopamine can make you feel excited and thrilled. It is associated with pleasurable sensations and this is why gambling is easily a fun activity.
People are also naturally thrill-seekers and some are more willing to take risks. And to some people, gambling is a great form of entertainment. Some would even say that it is their way to temporarily escape the problems that they are facing.
Some people choose to gamble to solve their financial woes. Some resort to this activity to be able to pay their bills and debts. Some gamblers are doing financially fine and would just really want to make profits while they’re having fun.
There are also professional gamblers who heavily rely on casino gaming as their main source of income. Overall, people have different reasons as to why they gamble but generally, it’s for fun and earning a few extra bucks.
Why Gamble Online?
While the gambling industry has been steadily growing over the years, the internet has been a real game-changer. Sure, online gambling may not have been that popular when it started in the 90s but things are different now that technologies used by the industry are a whole lot better.
It’s now safer to gamble online as the most reputable casino sites out there use the latest technology in terms of security. This is also the case when it comes to online payment solutions. Casino operators allow the use of different payment methods like the use of credit or debit cards, digital wallets, cryptocurrencies, and many more. They would even cater to people who don’t want to make online transactions by partnering up with third parties to enable offline transactions.
While visiting an actual casino is an experience of its own, the internet has simply made gambling easier to access. It’s so easy to find a good online casino that offers a variety of gaming options. If you feel like you still want something else, it’s no sweat to jump from one casino to another.
With that, the internet has also made gambling cheaper. There’s no need for you to travel and spend money on food and drinks. You can quickly log in to your online gaming account without even leaving the bed with your laptop or smartphone.
The use of mobile technology has also boosted the growth of the gambling industry. More casino operators are now focusing on the mobile market with their native apps. It makes sense as the population of mobile internet users is also growing. The better their services are mobile, the more people they can reach.
Conclusion
Many experts are saying that mobile gambling is the future of the industry and this is evident in certain countries and places. For example, in the United States, the state of New Jersey would report that around 80 to 90 per cent of its sports betting handle is from the mobile sector. There is also the state of New York that initially only allowed in-person betting but is now looking to regulate mobile betting too. This is after seeing the potential of the market. Overall, it’s convenient to gamble online. Whatever casino game or gambling activity it is that you want to experience, it’s already online. There are even live casino rooms that you can join where you get to interact with a live dealer and chat with other players from around the world. It’s simply hard not to enjoy gambling online in these modern times.
