Since the start of the new decade, online casinos have continued to grow in popularity. However, many people still don’t understand what online casinos are or how they work – but this guide is here to explain all of that and more.
What is an Online Casino?
An online casino is an internet-based casino that replicates the land-based experience of gambling.
For example, you can join an online casino and gain access to all the games you’ve seen and played before, such as poker and roulette. This time, the only difference is that you’re playing through a computer or smartphone screen – simple.
5 Interesting Stats You Need to Know
With that covered, let’s now take a look at 5 interesting stats about online casinos that you need to know.
1. There are More Than 2800 Online Casino Sites
Yep, that’s right – there are more than 2800 online casino sites on the internet, which is pretty staggering when you think about it. On top of this, there are also the best gambling apps to choose from. Basically, because online casino sites are so popular, many of them are now available in app form, too. After all, the average person now owns a smartphone, so it’s hardly surprising that gambling companies are trying to fill this market space.
2. 17% of the Global Population Enjoys Online Gambling
Over recent years, online casinos have become so widely adapted that the percentage of people around the world that now gamble online has reached 17%. Moving into the future, it’s expected that this figure will continue to rise – especially now that people are spending more time at home. Whether they’re relaxing on the couch or kicking their feet up in bed, people love to pass the time with online casinos.
3. The First Online Casino Was Released Back in 1994
Do you remember 1994? If you were around back then, that’s when the first-ever online casino was created!
Microgaming was the name of the company behind this development. Little did they know, but they would be the catalyst for one of the biggest online industries of all time.
4. 80% of Online Casino Players Are Male
This statistic might come as a shock to you, but it’s true: online casinos are most popular with male players. The reason for this isn’t specifically known. However, it’s expected that online casinos – and gambling more broadly – is most popular with males due to the fact that it provides a similar experience to that of video games.
5. Cryptocurrency is Becoming More Popular in the Online Casino World
You’ve heard of cryptocurrency, right? It’s the online currency that can only be used over the internet. Bitcoin is a popular example of this.
Now, many online casinos are accepting cryptocurrency as a payment method, which is incredibly exciting. As the future unfolds, it’s expected that this trend will continue, largely due to the fact that Bitcoin is expected to continue growing in popularity.
Don’t worry, though – if you’re not a fan of cryptocurrency, that’s not a problem. You can still use the US dollar in almost all online casinos, which is good to know.