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Online casinos are gaining popularity / BYYD Blog

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Online casinos are gaining popularity



    The prospects for the development of the online casino industry are becoming ever more distinct. The global online gambling market will expand, and its combined annual growth rate will increase by almost 11%.

    The law “On state regulation of the organization and conduct of gambling” (January 1, 2007) states that the organization of online casinos in Russia is prohibited. Playing in an online casino for Russian citizens is not limited and is not illegal. Meanwhile, the global scale of development of this industry is striking in its comprehensiveness. A high level of digital environment dictates its own rules.

    The recent work of TechNavio, a global research company, has shown that the growth trend of online gambling will continue until 2020.

    The global online gambling market currently generates revenue of about $ 37 billion a year, and about 85 countries around the world have decided to legalize online gambling, according to the American Gaming Association.

    According to the European Commission, online gambling revenue is around $ 15 billion a year, and it is growing faster than in the rest of the world, ”said CardPlayer, a global online poker resource. Continental online gambling is growing at an annual rate of 15%

    Top European game innovators continue to raise the bar for online slots and other gambling for the home and mobile player. William Hill VEGAS, a significant figure in the online casino industry, is the starting point for the growth of the online gambling market. The company provides a powerful “cocktail” of high-quality games and emotions that players experience during online sessions.

    The online gambling industry is growing so rapidly that it’s quite difficult to capture global statistics - changes occur literally every day. Last week, mGamingWatch noted that the 2016 Spring Online Poker Championship (SCOOP), held over 17 days at PokerStars, set a new world record for the highest cash rewards in online poker history.

    The total prize pool of $ 90,984,283.44 during 168 tournaments broke the previous record of $ 81,222,158.66, set during SCOOP 2014 and exceeded it by almost $ 10 million. Such statistics perfectly demonstrate the global coverage of the online casino industry and the ever-increasing interest from consumers. similar services.

    The most solid online gambling market is in the UK.There are more than 18 million accounts of online casino players from the UK, each of whom wishes to take part in a world tournament. This month, Vegas Mobile Casino, the leading mobile casino in the United Kingdom, announced the launch of new match-slot games. These include: “The 100,000 Pyramid”, “Dungeons & Dragons: Crystal Caverns”, “Lil 'Lady”, “Shamrockers: Eire to Rock” and “Western Belles”. In the near future, a large number of online games are expected to launch, and manufacturers consider today's realities the most successful for this area.

    According to the UK Gambling Commission, from 2005 to 2009 the number of online slot games increased by 328%, while table games and poker increased the volume in the niche from 52% to 26%, respectively.

    The most favorable situation in the field of online poker is observed in the UK, since there are no restrictions for players, as in other European countries. Players from the UK are free to “battle” in international tournaments until actions taking place on the online platform are prohibited by the UK Government.

    As for Russia, it is considering the possibility of legalizing and regulating online gambling. About 8.4% of players at PokerStars are residents of Russia.

    It should be noted that online casinos are not the only area that is currently experiencing a period of “prosperity”. Cyber-sport, spreading everywhere, is almost put on a par with football and other popular sports. The digital era is opening the door to major market players for profit.

    How do you feel about online casinos? BYYD • Mobile Advertising Platform



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