Online gambling offers a myriad of opportunities to modern entrepreneurs who are unstoppable in their endeavors to create outstanding gaming products, drive their business to the ultimate success, and outpace all rivals. But is it easy to start online casino, begs the question? Let’s shed some light on today’s gambling business.
Online gambling platforms have become popular in recent years. Last year, the global online casino market was US$53,7 billion and is expected to grow in the years to come. Among others, Europe has taken the biggest piece with US$22 billion, which is projected to increase six times by 2027.
In the USA and Europe sports betting and casinos are prevailing among the playing population, taking up the third of the entire market in 2018. The statistics seems to reassure those who want to initiate their own gambling company via the Internet.
Moreover, there are undeniable advantages for online casino publishers and their consumers. Entrepreneurs don’t have to buy or rent space to operate a land casino, hire a big team of workers to maintain the physical office, worry about utility tax or possible criminal attacks.
Customers from all over the world can access the website comfortably in their homes at any time and using any device. This is extremely helpful and beneficial for those who live in countries where the government forbids land casinos.
The pandemic has also made an enormous contribution to the growth of online gambling. The recent research states that America has seen an increase of beginners in online poker by 255% since the quarantine measures took action. In general, the poker industry has grown by forty-three percent since spring 2020. Some countries have quickly adapted to the popularity of gambling. Thus, the Belarusian government has legalized online casinos while Armenian state forces changed their laws to become more loyal to running casinos through the Internet. Since everybody seeks a possibility to drive revenues, it’s imperative to figure out how to start online casino.