The Most Vibrant & Growing Online Gaming Industry in The World Today – Gambling!

Posted by GBGC on May 16th, 2019

Yes! Gambling is considered as the most versatile entertainment economy around the globe. The Online Gambling Statistics puts the shocking figures on the board revealing the craze of gamblers worldwide.

The onset of the internet has revolutionized our life. Not just our shopping turns digital but gambling also becomes a part of it. In today’s piece, we’re going to discuss online gambling and how it has evolved over the period of time.

The Concept of Online Gambling

As the name suggests, it’s all about playing betting games online which includes Poker, Casino, Bingo, Lotteries, and Sports. Many of the Asian and European countries ban their people to take part in online gambling. It was the year 1994 when the 1st online Casino has started. Since then Online Gambling Statistics are multiplying with each passing year.

The best part of online gambling is that you can be the part of it from any corner of the World round the clock. Virtual casinos provide easy access for addicted gamblers to live their passion. Online betting can be accessed through any device say smartphone, tablet or computer wherein you can connect the internet and operate. According to a report presenting Online Gambling Statistics, most of the traffic on gambling websites are sourced from smartphones.

A Brief Comparison of Physical Gambling & Online Gambling

There’re a lot of questions exists about online gambling especially for people who are new to it. The biggest of all is how gamblers pay and receive the winning bet. Well, there is a huge difference between traditional in-person gambling and that of online one. Unlike old school gambling, players and dealers in online gambling do not interact with each other. Plus, online gambling is faster than real-life gambling because it eliminates many intermediary channels. One of the wonderful things about online gambling is it offers a variety of games to play in.

More About Online Gambling

Internet is flooded with online gambling websites. Some of the big daddies are JackpotCity, Spin Casino, 22Bet and Bodog. It would really be unfair to not mention Las Vegas here, as it’s the city of Casino all over the World with the highest number of Casinos in the town. No doubt that digitalization has changed a lot of things around us and gambling is no exception. As per the latest Online Gambling Statistics, it contributes more than a hundred billion dollars to the world economy.

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GBGC
Joined: May 29th, 2017
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