The online casino industry which began in the year 1996 has witnessed tremendous growth and has become more popular than one could ever have imagined. Currently, there are thousands of Internet casinos generating revenue that go well above billion dollars.
As Internet population grows globally, and with online gambling gaining popularity in European and Asian countries, it is safe to say that the above figures will grow even further with no instant signs of decelerating in the near future.
An online casino when compared to a land based casino has several advantages, which make it a far more profitable venture. Given below are some reasons which have contributed to the growth of online casinos:
An online casino accepts several different courses so players of different nationalities can share the same virtual gaming room. For instance, an individual living in France can buy credit in Euro where a gamer living in the US can buy in USD. This eliminates the confusion and problem of having to first convert an unknown currency to one's own before making a bet.
All popular gambling sites provide multiple language support, so an individual who does not understand English can still play and enjoy without having to face language problems and communication issues. Some languages offered at the online casinos are- Chinese, Arabic, Czech, Dutch, Danish, English, Finnish, Estonian, French, Greek, German, Hebrew, Japanese, Italian, Norwegian, Korean, Polish, Russian, Portuguese, Spanish, Turkish and Swedish.
Online casino players play with actual money, and surely they are far more conscious of the value of their money in contrast to the ones who gamble with a heap of casino chips that do not seem to have the same value. Unlike land casinos, online casinos encourage gamblers to gamble away far more money. Moreover, an online casino keeps flashing the amount the player has won or lost in addition to the amount left his account. This keeps the players in check and ensures that they do not lose track of their money.
Free Casino Chips:
In an attempt to attract more players, several Internet based casinos offer free money. Free bonuses may range from ten dollars to two thousand dollars. Offering players free match-play or no-deposit bonuses presents a wonderful incentive for gamblers to register accounts with such online casinos.
Internet based casinos do not have a dress code. Since you are playing in a virtual environment, nobody cares about what you're wearing. Therefore, people do not have to worry about dressing according to the social environment or selecting what to wear. Being able to be dressed in whatever one wants gives a greater sense of convenience and comfort.
An online casino does not require hiring dealers, purchasing slot machines, gaming tables and buy a building, run a restaurant and bar, appoint security guards, and the like, presumably they typically have far lower overhead expenses and superior payouts for their customers than land casinos.
Due of the aforementioned reasons, it is not difficult to understand why an online casino can actually overtake it's brick and mortar cousin in terms of profit and popularity.