Category Archives: Online Gambling

Here are the four major developments in the industry in 2022.

The pandemic led to a massive boom in the industry. People were stuck at home with nothing to do, so most turned to online gambling. Its been more than a year since the pandemic, the restrictions have been lifted, and the industry is still booming while undergoing numerous developments. These developments are coming rapidly, and if youre not watchful enough, you might have missed some. Worry not though; in this article, well cover some of the major developments in the gambling industry you might have missed in 2022.

According to gambling expert Klara Czerwinska, Dla graczy do?? wa?ne jest, aby nad??a? za najnowszymi trendami hazardowymi, poniewa? te mog? odegra? kluczow? rol? w ich hazardowej przygodzie. Gracze mog? umiej?tnie wykorzysta? rozwj bran?y hazardowej w d??eniu do sukcesu, dlatego te? witryny takie jak polskie kasyna online istniej? po to, by gracze byli na bie??co z najnowszymi trendami bran?y.(Its important for gamblers to keep up with the latest gambling trends as these trends can play a vital role in their gambling journey. Gamblers can utilize the developments in the gambling industry by using them in their pursuit of success; its also why sites like Polish online casinos are dedicated to ensuring that players stay updated with the latest trends.)

Here are some of the major developments that have rocked the gambling industry in 2022.

1. Cryptocurrency and GamblingSince the 2020s began, cryptocurrency has become an integral part of our world. Most industries have now integrated it into their systems, and the gambling industry is no different.

Currently, most major gambling sites now accept deposits and withdrawals in cryptocurrencies. But its no surprise though, because the two industries are simply perfect for each other. Most gamblers love to stay anonymous, and thats one of cryptocurrencys biggest pros. Furthermore, people now want to be able to withdraw their winnings as fast as possible. Most of the traditional payment methods available usually take days, but with cryptocurrency, the entire process is completed in minutes and hours at most.

Theres also the security that comes with using cryptocurrency. Because of scams, most people are scared to put their banking card details in an online casino. But with the new cryptocurrency development that most gaming sites are adopting, these fears are eliminated. These pros are important to the successful operation of an online casino and are why cryptocurrency has become a huge part of the gaming industry today.

2. Smartwatch Gambling Apps In 2021, the total number of smartwatch users crossed the 200 million mark, and gambling experts predicted that it would be the future of online casinos. Its 2022, and it turns out that these predictions were accurate as major gambling software providers are now creating smartwatch-based games.

This is part of the industrys mission to ensure that gaming becomes easily accessible. Three decades ago, going to a land-based casino was the only way to gamble. The late 90s and early 2000s saw the rise of PC gambling, and by the 2010s, everyone could access an online casino on their mobile phone.

Once again, its 2022, and the industry has moved to smartwatches, with games like Lucky Slots, Double Luck Nudge, and Wolf Gold now available on both iOS and Android smartwatches.

3. More Gambling RestrictionsThe gambling industry is a multi-billion dollar sector, and as though, many criminals see it as the perfect way to launder money. These phenomena have been going on for decades, with millions of dollars being laundered annually.

In 2022, most gambling commissions have enforced stricter laws to control how casinos handle funds. In this year alone, three major gaming establishments have been slapped with heavy fines for failing their social responsibility and allowing criminals to launder money through their sites.

In March, 888 UK Limited was fined 9.4 million by the United Kingdom Gambling Commission (UKGC) for laundering offences. BetVictor suffered a similar fate earlier in January when they were handed a 2 million fine for the same offence.

4. The Rise of Online CasinosLand-based casinos are yet to recover from the pandemics blow. Most people who discovered online casinos during the lockdown fell in love with them and are yet to return to traditional houses.

Since traditional casinos are not readily available in all locations, players have to spend a lot on traveling and accommodation fees before they can play their favorite games today. But thanks to the introduction of online casinos, theres no longer a need to spend on these expenses. Just log on to your gambling site and place your wagers.

According to Earth web survey data, 46% admitted to gambling in 2022, with 18% claiming to have gambled online.

The Bottom LineIts almost impossible to find someone that has not heard of the gambling industry in the world. The industry has grown into a major force, generating billions of dollars in revenue.

This is all thanks to the innovations and developments constantly rocking the industry. In 2022 alone, there has been a massive adoption of cryptocurrency as a payment option in many online casinos. The year has also shown that smartwatch gambling apps are the future of online casinos.

Furthermore, theres been a steady decline in land-based casinos, with more players opting to play games online. Finally, different regulatory commissions have created stricter laws to control the high level of money laundering in the gambling industry today.

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Four major developments the gambling industry has witnessed in 2022 - More About Advertising

No Deposit Free Spins Overview

A couple of decades ago, the only way one could play a casino game was by going to a land-based casino. Now, anybody can find thousands of online casinos offering various games.

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The Dark Side Of No Deposit Free Spins

Before signing up on any gambling site because of the free spins, they're offering, always ensure you read their bonus terms and conditions. While you don't require money to access these spins, they usually have rules attached to them, and not all are favorable.

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The Bottom Line

Online casinos now allow players to get free spins easily. It's a perfect opportunity for gamblers to confirm if the site is legit and check out a slot game before playing with your money.

But unlike demo modes, where you get to play games for free but can't withdraw winnings, a no deposit free spin wager is real, and you can withdraw the winnings as real money. Players are basically given free spins for verificationon the online casino. However, they have rules attached to them. Ensure you read them before registering.

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Details

Amidst debate over whether web apps are better than native apps lies one undeniable fact: mobile gaming changed the gambling industry. In the early days of online casinos, the industry struggled to find new customers.

There was a time when gambling insiders feared slot machines would soon lack people to play. But then came mobile betting apps and the iGaming sector experienced a sudden surge in demand.

At the height of COVID-19, demand for online gaming increased so much that states across the US began to legalize the industry as a way to increase revenues. In this article, well delve into the role betting apps have played in elevating online gambling into a multi-billion industry.

Every Gambling Site Became Mobile Responsive

Increased demand for betting apps meant one thing for gambling sitesthey had to embrace change or risk shutting down. Forward-thinking casinos and sportsbooks adopted mobile gaming early on.

By designing betting apps, a gambling site secures part of its fan base that prefers mobile to PC websites. Also, it opens room to attract new customers escaping gambling sites without mobile support.

As we stated, betting apps come in two types. There are native apps. These apps work on a specific operating device, say iOS or android and not both. Then there are web appsthey operate across multiple devices through the web.

Because web apps are easier to create and work on all devices; theyve surpassed native apps in popularity. To be fair, play stores also contributed to the growth of web apps. They would constantly ban betting apps, which forced operators to create an alternative.

Are web apps better than native apps? Most betting apps provide the same betting markets and games. As such, it all depends on your preferences. That said, choose the best betting apps in 2022 for a delightful betting experience.

Mobile Gaming Overtook PC Gaming

Its officialmobile gaming is bigger than PC and console gaming. One of the reasons is due to its affordable nature. Smartphones cost as little as $50. And these cheap smartphones are good enough to bet on sports or play poker.

In addition to being affordable, smartphones are incredibly convenient. You can carry your phone inside your pocket or purse comfortably. And when you get into the mood to bet online, you can do it at your convenience.

With that in mind, mobile betting apps would probably not be popular without modern technology. Advancements in mobile programming, graphics design and marketing helped spearhead mobile gaming into dominance.

Also, improved technology in mobile phone developments helped breed improved, better performing phones. The modern iPhone or android smartphone runs smoothly and supports complex games.

Software Providers Went Mobile

In the early 2000s, most online casino games could only operate on a desktop computer. Whats more, you had to download gaming software before you could bet on slots or play blackjack.

Everything changed after mobile betting came along. Online casinos began contracting software providers with mobile games. To keep up with competition, every software provider went mobile. Next, they introduced instant gaming.

For clarity, not every online casino game runs smoothly on mobile devices. Some slots designed in the 1990s and early 2000s were never updated to support smartphones.

However, a majority of casino games designed after 2010 run on smartphones smoothly. That includes live casino games like poker, baccarat, roulette and blackjack. For the uninitiated, live games allow you to bet against human opponents instead of bots.

More Revenues and Customers

When you think about it, betting apps helped bring more people to the gambling industry. In turn, this increased profits for gambling businesses. Statistically, the iGaming sector has been growing at a rate of over 10% every year in the past five years.

It will continue to grow at this rate up to 2027, according to experts. In 2022, online gambling is worth an estimated $90 billion. Whats more, half the world say they gamble online regularly.

Of the people who gamble online, roughly 55% of them use smartphones. Now, some of these people simply shifted from PC to smartphones. But theres a significant portion of them who bet exclusively on mobile devices.

That is particularly true for people getting into online gambling post PASPA. After the Supreme Court legalized sports betting in 2018, states have been legalizing both sports betting and online casinos. Over 30 states have laws that support mobile betting. But fewer than 10 of them also support online casinos.

Banking on your Phone

If you want to deposit money to a betting site, theres no need to turn on your laptop. Many casino payment providers have apps you can use to deposit between $10 and $10,000.

In fact, there are so many mobile payment apps that choosing the right provider can be daunting. People who love e-wallets have options like Google Pay, Skrill, PayPal and Apple Pay.

On the other end, you could also deposit through Discover, MasterCard and Visa. Some casinos also accept crypto, Visa gift cards and wire transfer. Choose a safe and trustworthy payment company.

Also, consider features like fees, speed and chargebacks. Top-tier payment apps have low fees and process payments instantly. Whats more, they can get you a refund in case you get scammed online.

New Laws and Rules

As we had stated earlier, betting apps didnt exist on Play Stores for long. In 2013, Google enforced a ban on all gambling apps from its platform. Apple made a similar rule a couple of years later.

In all fairness, Google and Apple banned betting apps as a direct response to new government regulations. However, casinos and sportsbooks later found a solution. They betting web apps which didnt have to be accessed from play stores.

Still, to be clear, governments around the world have been legislating new laws aimed at protecting mobile players. As a result, you cant create a betting account if youre under 18 years. Also, you might be required to prove your identity as part of the registration process.

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How the Growth of Betting Apps Affected the Gambling Industry - Native News Online

It didnt get bad for Jason until recently, when gambling on his phone became both available and socially acceptable.

For most of his life, he had enjoyed betting money here and theresay, during poker with friends as a teen and on the occasional casino trip. He even occasionally bet on sports through foreign-based companies.

None of it ever seemed or felt like much of a problem to himthat is, until the pandemic. The previous year, his home state of Illinois had legalized sports betting and expanded casino gambling, flooding the state with advertisements. It didnt take long before Jason was hearing about gambling all day every day, he said. When he started to go through personal issues at home in 2020, he found himself at the casino trying to burn off some steam.

Soon enough, however, he preferred online gambling. The casinos, he came to believe, were less efficienttoo much non-gambling time, he saidand led to questions about where he had been. By comparison, his phone allowed him to be 100 percent plugged in from anywhere, without people asking questions. I could do everything you could do at a casino on my phone, he said. But, he added, I didnt have to explain where I was or anything like that. I didn't have to answer to anybody.

Being able to just sit in bed and go on my phone and gamble made it almost impossible to stop.

Unlike sports betting, online casino gambling remained illegal in Illinois, and Jason wasnt sure if the online games he was playing were legal or not. But there was never any red tape to get past in order to play those games, he said.

Regardless of the legality, the growing prevalence of gambling in society helped him legitimize his habit to himself. It felt less seedy, he said, even if he would gamble until three in the morning while his kids slept and then wake up and do it again. By this year, Jason didnt go a day without gambling.

I felt like I had to be gambling at all times, he said.

He would ultimately blow through a couple hundred thousand dollars before admitting he had become a problem gambler in May. Still, Jason considers himself a slightly better case than average. Since he joined Gamblers Anonymous, hes heard stories of people losing homes and living out of their car.

In the U.S. this century, gambling has become more wholly legitimized, released from the confines of Atlantic City and Las Vegas and into the broader culture. Gambling advertisements litter the country, and more than 20 states now allow casinos, compared to just nine in 2001. Roughly the same number have legalized online sports betting and more people are pushing for legal online casinos as well.

Politicians say the legalization of gambling provides states with much-needed additional revenue and allows the government to more adequately oversee gambling and responsibly help those who develop issues. These arguments, as well as ones against prohibitionary schemes generally, are difficult to refute in theory; in practice, its not yet clear whether state agencies are taking their oversight commitments as seriously as they should.

Do you have insight into the online gambling industry? How has it affected your life? We want to hear from you. From a non-work device, contact our reporter at maxwell.strachan@vice.com or via Signal at 310-614-3752 for extra security.

The omnipresence of gambling and gambling-like activities has made financial catastrophe a few clicks away for anyone with a phone. Experts increasingly see the simultaneous rise of online sports betting, online casinos (legal or not), cryptocurrency trading, and day trading as the same root thinggamblingwith the same root issues.

Often, they even involve the same people. Survey data out of the National Council on Problem Gambling last year found a significant correlation between people who trade on a weekly basis and gamble as well. There's a big overlap there, said Keith Whyte, the executive director of the organization. The true extent of the issue is only now starting to emerge and is in need of additional study, said Lucas Trautman, the medical director of Oxford Treatment Center in Mississippi and a psychiatrist who has helped people with addictive disorders including gambling.

It's blown up under our nose, Trautman said.

Cindi M. has certainly noticed a lot of people like Jason coming to meetings recently. A member of Gamblers Anonymous who now serves as the public relations chair for the groups board of trustees, she said theres been a dramatic increase in the number of young men developing compulsive gambling issues and showing up to meetings since online sports gambling became legal in Illinois three years ago.

The effect on young peopleand particularly young menhas been noticeable to Cindi, whose own sons have told her that all their friends gamble these days.(After Motherboard published this piece, Cindi asked that we remove her surname so she was not in violation of her programs rules.)

That lines up with additional survey data from the National Council on Problem Gambling, which has found that over 40 percent of people ages 18-44 gambled online last yearcompared to just 21 percent of people ages 45-54and that over a quarter of them increased the amount they played during the pandemic.

They have access to it 24/7 in the palm of their hands. The temptation is always there.

They have access to it 24/7 in the palm of their hands, Cindi said. The temptation is always there. You can stay away from casinos and racetracks but you can't stop using your phone.

That has made it easy for people like Jason to develop gambling problems and harder for them to resist the impulse to place another big bet, according to Whyte.

It's pretty conclusively established in the gambling literature that ease of access is a risk factor for the development of gambling problems, Whyte said. Ease of access alone doesn't make doesn't make someone a gambling addict. But it certainly can contribute to an increase in the rate and severity.

The ease of access is clear and growing. In January, the first month mobile sports gambling became legal in New York, people wagered a record $1.6 billion online, more than any other state in its opening month. But Ashley Owen, a team leader at the NYC Problem Gambling Resource Center, funded by the New York State Office of Addiction Services and Supports, still has trouble convincing people to take gambling issues seriously. Part of the issue, she said, is that problem gambling has become harder to detect. People with gambling problems less often exhibit physical symptoms compared to people with substance abuse issues. And now, with the rise of mobile gambling, people can gamble in the privacy of their own home without their loved ones knowing, which has altered the landscape significantly, Owen said.

We call it the hidden addiction, she continued. As long as you have a smartphone, you have access to all sorts of gambling at your fingertips.

One middle-aged man in the Chicago area who asked that Motherboard not use his name as his job gives him access to clients personal informationwas able to hide the true extent of his online gambling addiction from his wife until they wanted to get a new patio.

Everything being at your fingertips was just terrible.

The problem had begun when the Chicago man lost one of his jobs early in the pandemic and needed extra income to support his wife and three kids. I got three kids. So when one of my jobs went away, that was a big hole in our budget, he said. It was pretty tough for me. Like, where the heck am I going to get this money? Thats when a friend introduced him to an online poker app where people could host games. At first, he was open with his wife about his play, since nothing he was doing was too notable. Every once in a while, shed even see a deposit for a couple hundred bucks in their bank account.

But the accessibility of the gambling games made it difficult to stop. Everything being at your fingertips was just terrible, he said. Soon, he was playing during work and thought about gambling so much he could barely sleep. I'd be waiting for the next table to be opened up in the morning by the poker guys, he said. Sometimes, he found himself physically shaking. You get to this point where you just can't stop, and you're thinking all the time, I just got to go back on. he said.

He also became really, really secretive. He opened up his own checking account and multiple credit cards. He went into his payroll account and made sure to take out an extra $200 every two weeks. He even took out a loan to feed his online habit.

I spun this web that was just awful, he said.

Then, they applied for a loan to install a new patio in their backyard. The man knew they were going to pull their credit. What he didnt realize was that theyd give his wife a copy of his. When she saw it, she almost went insaneand understandably, the man said. I thought it was over. I totally thought my life and my marriage was over, and that I was gonna lose my kids.

We call it the hidden addiction. As long as you have a smartphone, you have access to all sorts of gambling at your fingertips.

His wife stayed with him, and the man installed an anti-gambling app on his phone to try and stop himself from gambling online. The man also joined Gamblers Anonymous, where he was shocked by the number of young people he met there. I can't believe that I see all these young 20-somethings coming in, he said. It's very disheartening.

Nick, a 21-year-old in California, is one of those young people. He had first gambled as a young teen, when he visited family on the East Coast and one of his cousins introduced him to legal online sports gambling. Nick wasnt old enough to gamble then, but he found it easy enough to get around the systems the companies had set up. It really wasn't that hard to create an account under my dad's name, he said. By the time he was a senior in high school, Nick was gambling on his laptop in class. Then, when he went to college, the situation devolved as he moved from online sports gambling to a bookie he could text at all hours.

For me, being able to just sit in bed and go on my phone and gamble made it almost impossible to stop, Nick said. I can't just get rid of my phone.

I can't believe that I see all these young 20-somethings coming in, one member of Gamblers Anonymous said.

Hed stay up until 4 a.m. gambling on his phone then go to class at 8 a.m. A straight-A student in high school, he earned a 2.2 GPA his first semester of college When Nick eventually realized he had a problem and joined Gamblers Anonymous, he was one of the youngest people there.

He couldnt help but feel a bit different than the older people he was meeting. For one thing, unlike a lot of them, he had never entered a casino.

Taking a page from social media and online shopping sites, mobile gambling sites employ very, very aggressive marketing tactics that can be hard for problem gamblers to escape, according to Keith Whyte, the executive director at the National Council on Problem Gambling. Third-party data collection, for example, allows the gambling industry to create customized, alluring offers designed to get people to come back and spend more, he said.

Numerous studies have indicated that phone addiction has become prevalent in society, especially among people under 30, but there isnt yet even a clear and agreed-upon conceptual framework for analyzing the problem of gambling in the mobile-phone era. In 2013, the American Psychiatric Association recategorized gambling disorder as similar to substance-related disorders in the Diagnostic and Statistical Manual of Mental Disorders. But its also proposed internet gaming disorder for potential addition as a distinct disorder, and cited a need for further research.

The fact that it's on the phone is so crucial in the cultivation of an addictive disorder, said Trautman, the psychiatrist who treats people with gambling disorders, of online gambling.

Whyte has been trying to get politicians to take his issue seriously since 1998. These days, hes seeing even less interest from Washington D.C. in talking about the downsides of gambling. When they do talk to him, the politicians and policymakers are often still prone to place the blame on the individual, who they see as immoral or weak-willed, he said.

They're still trapped in our traditional, moral, and religious cultural views around gambling, he said.

Part of the problem comes from the fact that so many gamblers struggle quietly and alone, making problem gambling seem like less of an issue. Less than 1 percent of people with a gambling problem seek help, according to Whyte.

But another is that sports gambling looks increasingly like good politics. According to recent polls, as many as two-thirds of Americans believe sports betting should be legal, and the tax revenue can be substantial. Illinois has already generated over $100 million for itself, and New York this year has already earned $267 million in tax revenue from sports betting. The money will help fund education programs, as well as problem gambling prevention, treatment, and recovery services, though so-called sin taxes have been criticized as regressive in nature.

I could do everything you could do at a casino on my phone.

Since he stopped gambling in May, Jason has noticed with fresh eyes just how prevalent the gambling industry has become. Nationally, entire sports shows are now dedicated to gambling, and others dont go long without mentioning an exciting potential parlay bet. Gambling commercials play all the time on the radio and when he watches sports, and the leagues themselves have signed official partnerships with companies like FanDuel and DraftKings.

It is everywhere now, Jason said. It's kind of disgusting when you start to look at it from the outside in.

This post has been updated to remove Cindi M.s full surname.

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People around the world enjoy playing their favorite games in online casinos. The convenience, privacy, and variety of games make online casinos popular. You can find almost any type of casino game you can think of, from online slots and table games to live dealer games.

The evolution of online casinos began with the advent of the internet. The first online casinos were launched in the mid-1990s. They offered a limited number of games, mostly based on luck, such as slots and roulette.

Over time, online casinos began to offer more games, including those that require skill, such as blackjack and poker. In addition, online casinos began to offer live dealer games, in which players can interact with a real dealer via webcam.

The latest development in online casinos is the ability to use cryptocurrency to place bets and withdraw winnings. Cryptocurrency is a digital or virtual currency that uses cryptography for security. Bitcoin was the first cryptocurrency that was created in 2009.

Numerous other cryptocurrencies have been created since then including Ethereum, Litecoin, and Bitcoin Cash. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control.

Cryptocurrencies are becoming increasingly popular due to their convenience and security. In addition, the value of many cryptocurrencies has increased significantly over the past year. This has made them attractive to investors and speculators.

Why use cryptocurrency in online casinos?

Cryptocurrencies are also gaining popularity in the online gambling world. Online casinos that accept cryptocurrency offer several advantages over traditional online casinos.

The first and most obvious advantage is that cryptocurrencies are decentralized. This means that they are not subject to government or financial institution control. This makes them much more private and secure than traditional currencies.

Another advantage of cryptocurrencies is that they are global. Anyone with an internet connection can use them. This makes them convenient for players who live in countries where online gambling is prohibited by law.

In addition, cryptocurrencies are fast and cheap to send. Transactions can be completed in a matter of minutes, and there are no fees for deposits or withdrawals. This, in turn, saves time and money for both the casino and the player.

Also, the anonymity of cryptocurrencies makes them ideal for online gambling. Players can place bets and withdraw winnings without sacrificing their privacy.

Finally, many online casinos offer bonuses and promotions to players who use cryptocurrency. These can include free spins, deposit matches, and cashback offers. This makes playing with cryptocurrency even more profitable.

The value of many cryptocurrencies has increased significantly over the past year. This has made them more attractive to both casino operators and players.

So, if you are looking for a new and exciting way to gamble online, consider using cryptocurrency. You will enjoy all of the benefits mentioned above, as well as the added bonus of anonymity and privacy. Check out online casinos recommended by Profit Squad and choose one that suits you best. It is imperative to choose an online casino with a good reputation, that is licensed and regulated by a reputable authority, and that offers a wide range of games.

Featured image via Unsplash.

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Cryptocurrency Is a Game Changer in Online Casinos, Here's Why - CryptoGlobe

Expectedly, there have been complaints about the negative impact on gamers. Critics have pointed out the moral implications. However, analysts and government officials are fast to respond to the vast contributions the industry makes to a countrys economy. First, lets discuss the significant beneficiaries in any jurisdiction that legalizes and regulates gaming.

Before focusing on specific nations, we must start by answering the question of who benefits the most. While the headache of setting up laws and regulating the sector lies with the government, all residents within the jurisdiction are primary beneficiaries, both men and women.

From residents to partner industries, the education system, and state governments (in the case of the USA), there are more benefits than usual, especially as online casinos are now becoming regular with land-based venues.

In the USA, online casinos are developing rapidly. With the upturn of the PASPA law in 2018 by the Supreme Court, states now have individual powers to legalize online gaming and make laws as they see fit. This has increased the nations capacity and even boosted the economy since traditional casinos have an additional partner that assists them in making gaming appealing to everyone.

Gamblers spend more than $2 billion at restaurants close by, and an estimated $1.7 billion at retail stores. The gaming sector is responsible for over 2 million jobs when considering job creation.

This is also felt in education, where state lottery boards are detailing their profits to the public education system. Over $27 billion were made from this method in 2018, a necessary amount pumped into state-owned schools to improve the quality of education.

The Canadian economy has also felt the impact of internet casinos. Over 260,000 residents currently work in the sector, directly and indirectly. Hence, it is impossible to rule out the serious effect of gaming, especially in Canada. Its now unsurprising that Canada is listed among countries where online gambling is legal with space for future improvements. The financial gains are terrific.

A total of $17 billion or more was raised as revenue in 2017. A huge figure accountable for direct gaming and paying for services related to casinos.

In Australia, the story is almost the same. Jurisdictions like Melbourne, Brisbane, Sydney, and Perth have famous attractions in gaming venues. It is not surprising that Australia has some of the best slot machines, contributing heavily to the excess of $25 billion raised as revenue. The government also gets almost $5.5 billion in taxes revenues annually.

Initially, gaming was restricted to land-based retail centers, and several had rules dictating who could access their amenities. In addition, the payout was low due to the outstanding costs of maintaining the land-based casinos. Hence, players had to wager for long hours and get little pay. Also, one could never guess the size of the payout. With internet gambling, the story is different. The players now have a chance to consult the reviews, and find the highest payout online casino where they can enjoy exciting and secure gameplay. The chances of winning more have also increased.

The sector is so vital that the nation also boasts of a casino software developing company, Aristocrat Gaming. This provider is responsible for developing software for online casino sites.

Spain is another jurisdiction with a huge gaming sector. According to statistics, over 200,000 jobs have been created. While 45% is remitted in gaming taxes, operators make over 5 billion yearly.

Gambling online has become attractive in Spain. The nation has turned into a haven for many online sportsbooks, internet poker rooms, and casinos. A familiar figure is seen as Spain posted 747 million in revenue for the 2017 fiscal year. It is expected that this will grow in the years to come.

Casino gambling has made a visible impact on Ireland. In 2018 alone, the authorities issued 32 licenses to deserving operators. Although these casino sites are under heavy regulation, getting licensed has become easier. It has created several jobs, which has further boosted the economy.

For most platforms, confirming which site can pay out instant winnings for gamblers is now possible. Initially, players were restricted to waiting for long before getting cash wins. Ireland gamblers can comfortably find the reviews and choose an instant payout casino, and also read about different promotions like bonuses and games to wager. This has further improved the industry in the nation.

Currently, the gaming sector is worth about 1.1 billion, with contributions from almost all stakeholders. Slot machines are a significant attraction, and the nation is projected to have higher amounts due to the further influence of the gaming sector.

Licensed iGaming sites have never been more instrumental to the growth of any jurisdiction than now. It has become a win-win situation for everyone, which is why the process of getting a license has become easier. This includes the players, operators, and the government. Gamblers now have the choice to play at reliable casino sites. A licensed iGaming site means they can gamble without fear of losing their funds.

Operators can easily manage sites without fearing attracting disturbing lawsuits or being made to pay heavy fines. They can also tap the huge population and offer targeted ads to entice new customers. The sector generates billions of dollars in revenue for governments around the world. Generally, the licensed iGaming sector provides immense benefits to everyone economically.

Undoubtedly, there is a complete shift in the internet gaming industry globally. The economic relevance has shown that online casinos have come to stay. We believe that other governments can learn from these jurisdictions, and move to legalize the sector. This should be followed by intense regulations and policies, too.

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The Impact of Online Casinos on the World Economy - Qrius

Recently, we came across this sports betting and online gaming website named OLE777 after hearing about it from many of our readers. At first, we found it like just another sports betting and online gaming website. Yet, after knowing about its features and numerous sports betting and eGaming options, even we felt surprised to the core. Based on our unbiased analysis, we provide a detailed insight into its big list of products and services.

OLE77 is a sports betting website that provides a broad selection of international sporting competitions and leagues, as well as bonuses and promotions for all users. Since its start, OLE777 Casino has offered gamers online amusement, utilizing cutting-edge technology and high-quality products to provide an engaging experience.

OLE777 is a member of the OLE Group and complies with Curaaos eGaming laws. The International Gaming Association has recognized The OLE Group as a lawful gaming provider. The parent company of OLE777, TGP Europe Limited, originally introduced the online casino in 2017.

Here, we take a thorough look at all the important features of this website, including as the registration process, deposit options, withdrawal policies, and more.

Lets examine the factors that make gaming licenses so crucial. When it comes to things like making sure there arent any unfulfilled promises to players, that the technology doesnt crash except in extremely rare circumstances, that the terms and conditions are clear and fair, and that you get paid the money youre owed when you win, the more reputable the license, the more checks and the tougher the checks are.

Lastly, the operator needs to work with an ADR service that has received UKGC accreditation. As a result, if there is a disagreement between a player and an operator, a third party who is not involved in the argument can determine who is right and who is wrong based on the evidence provided.

OLE777 is a member of the OLE Group and complies with Curaaos eGaming laws. The International Gaming Association has certified The OLE Group as a lawful gaming provider.

A reputable bookmaker offers markets on practically all international sporting events. You can wager on access, singles, pre-matches, and live events. You can use the Sportsbook to look up previous outcomes that have determined the outcome of your bets, and you can check odds in fractions or decimals. Some may believe that the days of extravagant rewards have passed, but operators must keep in mind that players still need incentives when it comes to welcome bonuses.

OLE777 offers various advantages as far as free play is concerned. i.e., a 50% bonus on their initial deposit made during the promotion. Sports/Esports, 50% bonus on first deposit (Live Baccarat), and 100% bonus on first deposit for users (Slots)

These offers are valid from May 1, 2022, to October 31, 2022. Additionally, some terms and restrictions are immediately visible on the page.

If this is your first time using OLE777, you should be aware that it is the only sportsbook in Asia that solely takes deposits with cryptocurrencies. Being a gamer, you wont get tired of OLE777s big list of games. Moreover, players can play well-known casino games, including baccarat, blackjack, roulette, poker, and sic bo here.

You can choose from more than a hundred slot game titles, live dealer games, and online lottery games. OLE777 provides a demo mode that enables users to play games without paying if they are unsure. The table games at the OLE777 Casino include variations of popular table games from real-world casinos like poker, hold em, baccarat, roulette, and blackjack. There are a total of 16 tables available for use at OLE777 Casino.

On OLE777, you may select from various sports and betting markets. The general rule is still the same: the more matches and betting markets a sport draws, the more fans it has. Live casinos, lottery betting, and electronic gaming all list the most popular games and ways to wager on sports.

Unlike other websites, OLE777 doesnt make you wait forever to withdraw your winnings. The procedure is quite simple, and OLE777 doesnt charge anything. However, users must first have a particular amount in their OLE777 wallet.

On the other hand, the user must adhere to the following guidelines to withdraw the necessary sum.

You can create and redefine account security information with the use of OLE777. There is no need to worry about any hacking or data theft because all that is needed to create an account is an email address. Sign in, select REGISTER from the menu, and then enter your email address. You can then treat yourself to various sports betting and gaming possibilities if you follow the instructions.

OLE777s first deposit process is as simple as 123. You can fund your account with Bitcoin (BTC), Ethereum (ETH), or Tether (USDT), as the site solely supports crypto-based deposits. You only need to follow the steps below once you have ensured that your e-wallet has the necessary number of cryptocurrencies.

Please be aware that there is a minimum deposit amount if this is your first time making a deposit: It is 0.001 BTC for Bitcoin and 0.01 ETH for Ether. It is 40 USDT for USDT ERC20 and 20 USDT for USDT TRC20.

Most cryptocurrency deposits are processed immediately. However, delays that impact the length could be brought on by third-party services or by other events. Please email us at [emailprotected] if the transaction takes longer than 24 hours and include more information about your issues.

Given our findings and analysis of OLE77, we can tell it is one of the best online gaming and sports betting websites around. Your gaming experience simply reaches another level, given the user-friendly ecosystem created by website designers. If youre looking for a reputable, long-running, and secure online casino gambling platform, OLE777 is the name to go with.

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What Makes OLE777 the Most Popular Online Sports Betting Site? - CryptoNewsZ

Home Journal Gambling in the Metaverse: Complete guide to Decentralized Casinos Intro What is Metaverse?

The Metaverse is a fictional alternate network based on virtual reality, augmented reality, and immersive virtual worlds.

Tech giants like Microsoft, Apple, and Google, game developers like Epic Games, major brands like Nike, and even shops like Walmart are fighting for control over the Metaverses growth or access to lucrative virtual markets. Even Facebook famously changed its name to Meta in order to emphasize its focus on the creation of the upcoming Metaverse.

The idea of Metaverse is to let people work, enjoy, play, communicate, study, shop, gamble, and do much more through a single virtual experience.

In many ways, the Metaverse is similar to the current online gaming experience. However, there are some key differences. For starters, the Metaverse isnt just about playing games; its about living life. You can go to school, attend classes, meet friends, and do pretty much anything else youd normally do in real life.

Online casinos are no exception. Theyre already offering players various games, including slots, table games, card games, sports betting, and even poker. And while most of them offer mobile apps, the Metaverse offers something different. Players dont need to download software onto their phones or tablets. Instead, they simply put on a headset and step into a virtual world.

This brings us to the second difference. While weve been able to enjoy online casino games since the 1990s, the Metaverse is still in its infancy. So far, its mostly used for educational purposes, but experts predict it could become mainstream in the next decade.

Gambling is fast becoming one of the top immersive experiences in virtual reality, and platforms are working on creating it as seamlessly as possible while keeping players safe.

One key aspect to remember before entering the world of cryptocurrency gambling is that different digital currencies and NFTs can be used by different casinos and within the multiple experiences they offer. This includes the ability to use different tokens and collectibles within each game.

Here are some tips to help you start playing in a Metaverse casino:

1. Understand how the blockchain works

2. Find out what cryptocurrencies and NFTs are being offered by the casino

3. Read up on the games and see if there are any terms and conditions attached

The Chateau Satotoshi is a three-part casino, nightclub, and theater that was created by the distributed autonomous organization (DAO) Decentral Games and released in the Decentraland Metaverse world in 2019.

It is designed to be a full-service casino, offering everything from roulette wheels to slot machines and blackjack tables. Players can buy chips with MANA or ETH and play traditional and crypto-friendly table games.

With the slogan The entrance to the Metaverse MetaHero has already made great strides in virtual reality. The platform was launched in 2021 with the idea of reconstructing yourself in the Metaverse. One of their main areas of interest is reportedly gaming and casinos, where you can wager with their native currency, HERO tokens.

Additionally, the casinos objective is to develop a secure and engaging virtual environment for players.

EarnBet takes a different approach than most crypto casinos out there. Instead of just offering one type of game, it lets you bet with all sorts of existing cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and many others. When you play, youll receive BET tokens, which are a brand new cryptocurrency built specifically for Earnbet.

These tokens will earn you dividends forever, according to EarnBets whitepaper. So, not only do you get to gamble with real money, but you also make money every time someone else wins.

Currently, EarnBet offers dice, blackjack, baccarat, and some custom games like Crash and Hilo.

The Edgeless team has been working hard to build out a solid platform since launching their ICO in May 2017. They launched their first casino app in August 2018, and its now used by over half a million people globally. Their goal is to provide players with a fun experience, while being able to offer some of the best odds possible. With the addition of their latest game, Edgeless Casino, they are making good progress towards achieving those goals.

You may play dice, blackjack, roulette, slots, video poker, and specialized games like Crash and Treasure Hunt at Edgeless.

How will you pay for Metaverse games, you may be wondering? Is it similar to the present-day internet casinos where deposits can be made using bank wires, PayPal, or Visa?

Not exactly. Cryptocurrency, including cryptocurrencies, tokens, and NFTs, will power most of the Metaverse gaming market. These financial instruments have been around for a while, but they are currently greatly increasing in popularity since every significant news source discusses crypto and NFT issues daily.

Here is a concise list of acceptable payment methods for Metaverse games, including crypto slots, blackjack, and roulette:

Although the Metaverse is just starting to take off, virtual worlds are quickly improving, getting more immersive, and becoming more dynamic. They are also making it possible to have high-quality experiences that can accurately imitate some of the feelings we experience in real life. In this regard, the metaverse is the ideal setting for an activity like gambling.

The most passionate gamblers are now traveling to Metaverse casinos for the possibility to win the jackpot, despite the fact that traditional online gambling may be simple to get started with.

Yes, gaming is a part of the Metaverse. In fact, it covers a wide range of uses in addition to gaming.

Yes, you can gamble in the Metaverse. Online blackjack, slots, and roulette are all available to gamblers.

Yes, you can play poker in the Metaverse. For example, players in the free metaverse poker game ICE Poker compete against one another and earn tokens by completing daily challenges. The in-game money known as ICE encourages player liquidity and allows for in-game item upgrades.

Almost every single day sees Metaverse gaming reach new heights. It is the next major thing that will transform the look of the digital world.

CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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Gambling in the Metaverse: Complete guide to Decentralized Casinos - Captain Altcoin

When it comes to playing casino games, the more you spend the more you win. Because of the high risk in most games, it is a lot easier for a high roller to lose more than a normal casino gambler. This is because high rollers usually only lose the big payouts from big jackpots, while normal players do not necessarily win the small but big payouts. Thats why many gamblers are looking for online casinos for high rollers offering juicy bonuses and multi-million jackpots. But what else is special about high rollers and casinos for high-stake gamblers? Lets answer these questions together further in this post.

High rollers love to play high-risk games where a huge sum of money can be bet at once. In general, the games where the bet is in the thousands can be considered high-risk, but it can give a lot in return. This is also the reason why many big-spending high rollers usually like games like baccarat, blackjack, roulette, craps, etc. All of these games promise very big wins. But the most popular games among high-rollers are progressive slot machines. They offer multi-million jackpots that grow constantly.

The casino industry is about to boom, with new companies emerging every single day, promising big bonuses and exciting bonus offers. It can seem overwhelming for a first-time high-roller, but the time invested will undoubtedly be worthwhile. And an online casino will be one of the most exciting places to gamble since most of them offer top bonuses and special promotions, excellent customer support and outstanding payout rates. You can easily find such casinos in BestAuCasinosOnline ratings.

There are always ups and downs when it comes to playing in online casinos. You sometimes lose, but you win as well. This is where high-rollers can expect massive gains when it comes to hitting the grand prize. However, there are many other good things about being a high-roller apart from winning a lot in online casinos.

One of the main benefits of becoming a high-roller is that it will get you more bang for your buck and start earning money with help of online casinos. Since you have more money to play with, you have access to more games to play just as you wish. Apart from that, you get much better odds for a smaller bet. Even if youre playing with $100 in your account, thats like $1,000 in your pocket.

Its simple maths. When youre spending that kind of money, youre going to win more often. And since youre spending more, it makes sense that youll win more, even if your goal is to win your way out of your bonus. And this is how it works in reality the more actively you play, the higher odds you have. With every single bet you make, your chances of landing a jackpot increase. Thus, the man won $1 million in 20 minutes in a casino and became a millionaire in less than half an hour.

The same logic can be applied to bonuses. If youre spending more money than other players, your bonuses are going to be bigger, and your winnings are going to be higher. Most online casinos treat their loyal players in a special way. They offer exclusive rewards and bonus offers to them. So you can definitely count on a boosted bankroll and more money to play your favourite games.

Even though your bonuses are bigger, your winnings are still going to be pretty much the same. Thats because the average amount that youre betting on is going to be around the same as everyone else. But since youre spending more, youll be getting a better percentage of each bet, meaning that youll be able to take home more. In this way, youll get more chances to win, but your wins will be around the same.

As a rule, casinos process cash-outs of high-rollers faster since they are true VIP clients. What is more, on some gambling sites, you do not even need to pay any fee to have your transaction request processed by the casino system. So you can benefit to the fullest when you need to get your precious win as soon as possible without the need to pay a dime for the urgency.

There are many good things about being a high-roller. First of all, you can count on massive gains and exclusive bonuses. What is more, online casinos treat their players in a special way by offering top-level service and gambling conditions. So if you want to get the maximum out of your stay in an online casino, then you should consider becoming a high-roller. Of course, it is important to find a professional online gambling operator to enjoy top benefits and avails.

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What Are High Roller Online Casinos And What's Special About Them? - KHTS Radio

Online gambling operator Bet365 has launched internet sports betting in the US state of Colorado through a partnership with Century Casinos.

Under the 10-year arrangement, Bet365 will offer online and mobile sports wagering to players in Colorado via one of Centurys master licences.

Century holds master licences for both itsCentral City and Cripple Creekland-based casino properties. These licences allow holders to work with a retail or online sportsbook, or a licensee that offers both.

The partnership wasfirst announced in May 2020, with the launch subject to Bet365 securing the relevant regulatory approvals to launch in the state.

The agreement also includes a minimum annual revenue guarantee and a percentage share of net gaming revenue payable to Century each year, with an advance fee, in each year of the agreement.

The launch comes after this week it was revealed that consumer spending on sports betting in Coloradofell for the fourth consecutive month in July, though the state did report an increase in revenue.

Handle in July amounted to $258.4m, the lowest monthly total of the calendar year so far, and also 17.5% lower than $313.2m in June. However, the July total was 42.5% higher than $181.3m in the same month last year.

Some $256.4m was spent betting on sports online, while the remaining $2.0m was wagered at retail sportsbooks across the state.

In terms of gross gaming revenue, this reached $20.8m, which was 205.9% higher than the $6.8m reported in June this year and also 32.5% higher than $15.7m in July 2021.

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Bet365 goes live in Colorado with Century Casinos - iGaming Business