Did you know that online gambling business is currently one of the fastest growing business categories in the world? The popularity of online gaming is increasing rapidly and this year has seen significant growth in Europe and Asia. In China and Malaysia, there are twice as many online gamers as there are Internet shoppers. Around 43% of Chinese Internet users play games online, while just 16% report that they shop online.
Revenues in online gaming business rose from $800 million to $1 billion in 1999! Online gambling business is expected to continue to generate so much revenue for years to come.
Currently, online gaming is illegal in 5 countries: The United States of America, Germany, France and the United Kingdom of Great Britain.
Due to the lack of regulation, agencies in these countries are still attempting to implement regulation and even within Europe countries are still discussing the finer points of legalising online gambling.
There is a lot of gaming companies investing in the advancement of their software, servers and infrastructure that support online gaming businesses. Some of these companies are even investing in original IPs that allow online gaming to be rolled out across multiple countries.
There are now many gaming companies that allow people to play games on their servers, that provide very fair, safe and secure gaming for players. These companies focus more on creating great games that people love playing rather than any regulation issues and red tape.
Because of the low overheads of online gaming companies, they can afford to provide a higher quality of product and let the games speak about themselves.
It is amazing to think about just how many people have never played pokerlegenda or casino games in their lifetime. By licensing out their software, these companies can offer these tailored games to everyone, regardless of the budget or skill level of the player.
Just like with television and music, the internet is just a click away. If you have an online gambling site, players can still play their favourite games with the same ease and convenience as they would at the casino.
Should the US eventually regulate online gambling, making it clearly legal and allowing it in the casinos and poker rooms, it will be a huge boost to the industry and help to promote it massively.
Now that the US is supposedly going to allow it, the question is whether or not other countries will follow and implement the regulation the US dictates. It is very hard to say for sure, but France is said to be planning a overhaul of their entire gambling regulatory structure to embrace online gambling very soon.
So, France should now be able to choose from the numerous European online gambling sites to incorporate it into their own regional gambling structure and earn revenues as Europe’s online gaming industry is one of the largest and most dynamic today. If you have a mobile site, chances are it was designed to include an online variant as the technology is becoming more and moreavailable on mobile phones today.
Whatever the outcome of the US legislation on online gambling, players can still enjoy mobile casino betting and gaming technology on their cell phone. Addiction to gambling is said to be one of the causing factors for the gambling addiction, as it is a highly addictive habit that can cause the player to bet or gamble until their personal finances are exhausted.
It is the current lack of regulation and the fact that online gambling is still not accepted by many governments that has led to the industry and technology improving so quickly. Mobile gaming is said to be the future of the industry, and once it moves regulated mobile casino gambling will only become more popular.
However, mobile gambling isn’t really suitable for the majority of the population. Only 2% of the people surveyed in the UK said they had tried a mobile casino. The majority of those were said to be interested in the technology, and it is likely to only grow as mobile technology become more advanced.