In the past few decades, there probably hasn’t been a more dominant industry online than online gambling. What was once a thriving industry in Vegas fully made the jump online. Many believed it will never take off, but not only it did, it managed to wipe the gambling industry in a short time.
It all started in the early 2000s when the first online casinos hit the market. Online casino game developers were active far before that happened. Microgaming, for example, has been around since 1994, so the idea of online gambling was always there. The industry needed a place for all those games, and online casinos certainly supplied it. From there, it has been smooth sailing, up to 2021 where online casinos are the preferred way to gamble these days.
Stats Don’t Lie
If you take a look at the numbers, it’s clear how online gambling wiped Vegas off the map. Gamblerspo.com tells us that the average number of games in online casinos these days is around 1,000. That’s 1,000 slots and casino games you can carry around in your pocket on the go. These can be played anytime and anywhere as long as you’ve got Internet on your phone. And we all have it.
The fact that you can play thousands of different games online is the main reason why gamblers have made the switch online. Sure, lush Vegas casinos had thousands of games too, but not in this variety. The major flock to online casinos happened after 2010, and they’ve literally exploded in popularity around the globe.
That’s mostly because of the increased decriminalization of online gambling. Countries are seeing the reported revenues which often run in billions and changing laws and regulations to allow online gambling. It has paid off everywhere, and it’s a major reason why the industry is moving forward at such a pace.
Innovation and Change
Another major fact why the online gambling industry is growing is innovation. To put it simply, it has changed the way we interact and play with casino games, especially slots. Have you played video slots recently? They look pretty similar to the best video games, both visually and in terms of gameplay. Innovation in graphics and gameplay has driven the industry forward and set the basis for new and better games.
And the innovation never stops. Game studios are working on bigger and better games, always creating a new gameplay feature or way to win. It lures more and more customers in and makes the online gambling industry a juggernaut that never stops running.
There are still some countries hesitant about legalization, but that will change soon enough. The industry is generating bigger revenue than many others combined, and that kind of money can fuel many flailing economies.
With new games on the horizon that look nothing like your dad’s slots, the online gambling industry will keep marching on. It gives players fun and entertainment like never before, and that’s exactly what most are looking for.
