The present and Future of Online Gambling
one of the major online casinos announced that it had given its one billionth blackjack hand. And when you think of how many web casinos exist, it gives you some idea of exactly how popular visiting casinos online is. When the first online casino went live in 1996 DominoQQ Online, nobody could have expected the twists, turns, and huge growth a would experience, particularly when you include smart mobile devices, which are finding their way into more hands every day.
Statistics by Nielsen Media Research truly showed that in the uk alone, online gaming traffic was up by 40% over 2009. It also found that 46% of online players were women and about 50% were middle aged men with above average salaries. And the united states, the National Annenberg Survey of the Young found that some 16% of college-aged men visited online casinos one or more times a month, up dramatically over ’08 figures.
Many online gaming venues credit the increase in popularity to the development of industry standards by groups like eCOGRA (eCommerce and Online Gaming Regulation and Assurance), better responsiveness to customer service, and a commitment to providing players with safer, quality sites. Newer payment methods are coming online, and more currency and language options are also assisting in the worldwide growth of gaming websites.
One of the biggest world regions for expansion of online gaming is Latin America. These thirty three countries, with a population of around 570 million, are ripe for investment by web gaming firms. In fact, investors in areas like financial companies and online server operators are keenly eying Latin America as a front for expansion.
A chief reason for the appeal of broadening online gaming into Latin America is the existing telecom facilities, including widespread option of broadband and mobile internet. In ’09, internet access reached nearly 200 million Latin Americans, and it was growing at a clip of 30% each and every year.
Mobile online gaming appears to offer the greatest potential for growth in Latin America, because device penetration in the region was at 80% in ’09, which was above the world average, with mobile networks reaching nearly 500 million people. Couple this with the rapidly increasing graphics and game features specifically mobile devices, and it is clear why any casino online looking to expand would do well to consider this region.
But mobile device gaming is not merely a Latin American phenomenon. Mobile devices are rapidly growing in popularity everywhere, and the web casinos that develop applications for it are the ones who will be first in line to take advantage of the foreign exchange market.
Online gaming has come quite a long way since 1996. More regulations are in destination to help reassure consumers, and more payment and currency options are available. The graphics and software platforms are better than ever, casinos are taking a new look at customer service, and mobile mobile devices like Robot phones and apple iphones are opening up a new sector in online gaming. In short, it is a very exciting time for the online gaming industry.