Posted in Guides, Industry April 29, 2017
Access to Information, Online Casino Review Sites Boost iGaming to Become a $56 Billion Industry
In today’s digital age, the internet and social media have revolutionized the way people obtain information, conduct business, and socialize with each other. This includes the world of online casino gaming, which has experienced significant growth thanks to new technologies. The market has grown from $35 billion in 2013 to a projected $56 billion industry by the end of 2018.
Online Gaming Industry Segments
Online gaming involves using the internet and other technologies to place bets on various games. The most popular forms of online gaming today are poker, classic table games like roulette and baccarat, and slot games. Sports betting is currently the largest segment within the online casino industry. Other popular segments include casino-style gaming, which encompasses slot games and poker games.
While online casino gaming continues to grow, land-based casinos still generate the majority of income. In 2015 alone, land-based casinos were predicted to earn over $317 billion in gross winnings, with the United States leading the way. The casino industry contributed $240 billion to the US economy and employed over 700,000 people.
Review Websites and Access to Information
The popularity of online casino review sites and other informational websites has played a significant role in the success of online casinos. These platforms provide customers with access to detailed information about casinos and promotions, similar to travel review sites like TripAdvisor. Customers are encouraged to post reviews, which increases the amount of information available to help others make informed decisions.
Review websites and online forums have become the go-to sources for casino news, reviews, and information. They allow players to learn about the best casinos, as well as which ones to avoid. This access to information helps customers make informed decisions about where to play and ensures a safer and more enjoyable gaming experience.
Empowering Casino Players Through Information
By utilizing review websites and online forums, casino players can gather unbiased information about different casinos. They can learn about the layout, promotions, and security level of each online casino. This information helps customers decide if a particular casino is worth signing up for and becoming a member. The availability of forums and review sites has empowered customers and contributed to the growth of the $56 billion online casino industry.
Forums for Education and Empowerment
In addition to review websites, casino forums and communities serve as platforms for players to discuss concerns and share experiences. These discussions help educate and inform players about the services offered by different casinos. Players can learn which sites offer the best perks and which ones to avoid due to unfair gaming practices. Some forums even list problematic websites or “rogue casinos” to steer clear of while playing.
Thanks to the internet and the technologies it offers, casino players now have the ability to educate themselves about the industry and make informed decisions. This easy access to information has empowered customers to explore the online casino environment and spend their money in online casinos. The availability of information and customer empowerment are the driving factors behind the continued growth of the online casino industry.
