The current and Future of Online Gambling

In March 2011, one of the major internet casinos announced that it had dealt its one billionth blackjack hand. And when you think of the number of web casinos exist, it gives you some idea of just how popular visiting casinos online is. Once the first online casino went live in 1996, nobody might have predicted the twists, turns, and huge growth the would experience, specially when you include smart mobile devices, that are showing up in more hands every day.

Statistics by Nielsen Media Research this year demonstrated that in the united kingdom alone, gambling online traffic was up by 40% over 2009. It also found that 46% of online players were ladies and about 50% were older men with above average salaries. And in the united states, the National Annenberg Survey of the Young found that some 16% of college-aged men visited online casinos at least one time per month, up dramatically over 2008 figures.

playfred

Many gambling online venues credit the increase in popularity towards the growth and development of industry standards by groups like eCOGRA (eCommerce and Online Gaming Regulation and Assurance), better responsiveness to customer support, and a commitment to providing players with safer, higher quality sites. Newer payment methods are coming online, and more currency and language options are also assisting within the worldwide growth of gambling websites.

One of the biggest world regions for expansion of online gambling is Latin America. These 33 countries, with a population close to 570 million, are ripe for investment by web gambling firms. In fact, investors in areas like financial providers an internet-based server operators are keenly eying Latin America as a front for expansion.

A chief reason for the appeal of expanding on the internet into Latin America may be the existing telecommunications infrastructure, including widespread accessibility to broadband and mobile internet. Last year, access to the internet reached nearly 200 million Latin Americans, also it was growing at a clip of 30% each year.

play fred

Mobile online gambling appears to have the greatest possibility of development in Latin America, because device penetration in the area was at 80% last year, which was above the world average, with mobile networks reaching nearly 500 million people. Couple this with the rapidly evolving graphics and game features specifically for cellular devices, which is clear why any casino online looking to expand would prosper to think about this region.

But mobile device gambling isn’t just a Latin American phenomenon. Cellular devices are growing rapidly in popularity everywhere, and also the web casinos that develop applications for it are the type who will be first in line to take benefit of this market.

Gambling online originates a significant long way since 1996. More regulations have been in spot to help reassure consumers, and much more payment and currency options are available. The graphics and software platforms are better than ever, casinos are taking a brand new look at customer service, and mobile handheld devices like Android phones and iPhones are opening up a new sector in gambling online. In a nutshell, it is a very exciting time for the gambling online industry.