Gambling is one of the fields that has been most affected by the rise in popularity of the internet and smartphones throughout the twenty-first century. Online gambling almost doubled
The billions invested by users on online gambling almost doubled between 2010 and 2018, despite billions spent in overall gambling barely increasing by a third. This means that, though the gambling industry has, in fact, become slightly more popular, the ratio at which this is happening does not compare to the number of people that are simply transferring their gambling experience from real life to online platforms.
This trend is expected to continue, also thanks to the possibility of now conveniently playing on your smartphone from anywhere in the world.
While desktop online gambling allowed you to play without having to physically show up to a casino, it still bound you to your house, equally limiting you, though in a more comfortable environment. The fact that users can now play on their phones is a game-changer that is expected to increase the popularity and enhance the user experience of online casinos even further.
As a matter of fact, online gambling is expected to grow another 7 to 8 billion in the next two years alone, with some predicting that mobile gambling alone will account for over 50% of the gambling industry, which is currently worth 90$ billions.
The wide variety of apps and websites available online, allows people to choose their favorite games and bets, weighed against the more limiting experiences offered by physical facilities, which obviously have to deal with a higher abundance of expenses, shortage of space, personnel and a gradual loss of clients.
Online casinos are the Amazon of the gambling industry: they obviously deal blows to physical facilities, though they do this in favor of improved user experience, especially for what concerns the mobile versions; so they are not likely to disappear anytime soon.
Regardless of this, investors still seem to think there are good reasons to go strong on real-life casinos, at least in the United States, where the number of physical facilities increased by about a fifth between 2005 and 2016. It is only a matter of time before we find out whether this choice will prove successful, or whether the number of casinos is destined to be inversely proportional to the success of online gambling.
