The Growth of Online Gambling

Mar 5, 2014 | USA Online Casino News

In 2011, the biggest money maker for the United States was lottery sites, 63% of all online players were headed to lottery sites to try and hit a big jackpot the runner up to that was sports betting and then online casinos. Sports betting is majorly popular because players already make bets at their local bars, with friends and at the racetracks so betting online was bringing the betting to them without having to leave the house.

The Growth of Online Gambling

For some, it seems like online gambling is a new entertainment feature that popped up just a few days ago. Mainly United States citizens will be under this impression however, the entertainment option as a whole has been around for quite the while. In countries beyond the United States, players have had this form of gaming which features hundreds of gaming options. The state of online gambling seems to be ever-present and growing at a rapid pace. Some lawmakers within the United States have already allowed the gaming to be regulated and encouraged from their state while others are on the brink of taking the plunge into a world with minimal costs which could bring the state millions or even billions in additional revenue.

So what makes people choose online gambling over the traditional casinos? Many of us are firm believers that there is no experience quite like the thrill of gambling especially within a crowd of people all playing against the house am I right? Granted, the casinos will always have that edge over any kind of electronic gaming but, players who use the online casinos do so with good reason. Maybe the player lives in a region where they don’t offer land based casinos, it sounds absurd to anyone on the west coast, but in states like Utah, there are no casino facilities available, so players there might decide they would like to play online. Since there are no laws directed right toward gambling online from Utah it is a boundary players there may be willing to play with.

Online gambling began in 1998 where the first online bingo and poker sites were launched. I bet you didn’t know that! Playing online gained momentum which lead to more and more casinos and gambling styles opening up. Players now will have thousands of online casinos and poker rooms to play with that offer a 3D technology feature. In 2011, the global revenue from online gambling was estimated to be around $30 billion from over 1,000. This was before online gambling was in the news in the United States and having a major part of our globe left out just goes to show that this type of gaming will continue to grow. From 2010 to 2011, there was a whopping 32% jump in players in just one year, with that there was a 4.5% jump in social media presence which may not sound like a whole lot however, just about everyone we know is on social media networks so this gave online gambling a big reach.

In 2011, the biggest money maker for the United States was lottery sites, 63% of all online players were headed to lottery sites to try and hit a big jackpot the runner up to that was sports betting and then online casinos. Sports betting is majorly popular because players already make bets at their local bars, with friends and at the racetracks so betting online was bringing the betting to them without having to leave the house.

When it comes to demographics, you may not have a conclusion as far as your thoughts on who plays in online casinos the most. The numbers don’t lie, bingo users are typically women over 50 and young professionals are the ones who like to play poker and in online casinos. Over the years, the averages for sports betting have gone up due to the increase of online gambling that has been thrown into the media.