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Here’s Why Online Casinos Boom in Europe

Updated on 25 August, 2020 at 2:43 pm By

We are in a time of change when it comes to the way we gamble our money. The physical casinos have seen better days and are constantly outperformed by the online ones who offer greater bonuses, the broader supply of game variation, and the ability to play anywhere and at any place. Online gambling and online lottery have become one of the most normal sources of entertainment in Europe as the ability to access casinos nowadays is exceptionally easy. In addition to that, the minimum amount of money you have to spend in order to play at the casinos have also been lowered. This means that players can now play for hours without having to spend more than a couple of dollars a time.  


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In this article from Danish News media Finans, CEO of CasinoTop Reza Shojaei discuss why online casinos, and especially mobile ones are on the rise these days. This article will bring forth some of the main points in Mr. Shojaei’s argumentation, as well as look at other causes to the online mobile casinos are booming in Europe. Read this one and you will become wiser on the topic of gambling in the 21st century and why online casinos boom in Europe. 

 

Huge market for gambling



First of all, the market for gambling as a whole has seen an explosive increase in growth and revenue since the 2000s. With the invention of the internet and online gambling, the market has profoundly changed since the days where gambling was solely a physical process where you went to a specific place to gamble money. Nowadays things have changed, and this has really been a catalysator for the growth of the industry. It is especially in Europe, North America, and Southeast Asia, where the biggest increase in market size has happened and Europe in particular has been one of the primary drivers for the revolutionary progressions that have happened in the market of gambling over the last decades.  This is the first reason why online casinos boom in Europe, that the size of the gambling industry has grown explosively because of the higher buying power and the gradually increasing salary-levels in the region. This has made people pursue the gambling industries more frequently and spend more money at gambling companies. 

 

The technology revolution

However, the primary reason why online casinos keep booming on the continent of Europe has something to do with the technological revolution that has flooded the market over the past three decades. The smartphone, the fast speed internet, and many more progressive technologies have made it super easy and user friendly for consumers to engage with casinos. It has never been easier to go to a poker tournament or play a couple of hands at a blackjack table than it is today. Additionally, the invention of the online casino has seen an explosion in the innovation of the slot machines, and these days there are well over 100,000 different slot machines at the online casinos around the world which gives it the players options beyond their imagination. You can basically access casinos from your work, from the library or anywhere else, where you would like to entertain yourself. As long as you are in possession of a computer, a tablet, or a smartphone that is connected to the internet, you can gamble at any online casino you would like to. Thus, is the technological revolution of the 21st century one of the primary drivers to the explosion of online and mobile casinos in Europe. 


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Play anywhere and everywhere


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Basically, the principle of “play anywhere, everywhere” is one of the main reasons as to why online casinos in Europe thrives. The consumer base is close to limitless and potential customers only limited to persons of the legal age of gambling who own a smartphone. This means the vast majority of the European population are potential customers at online casinos. In the past, before online casinos were even a thing, gambling enthusiasts had to physically go to a casino, have a lot of money ready, and dress up for the occasion in order to even begin gambling. Nowadays the same people can literally spend their lunch break, their commuting time, or any other spare time to gamble at the casino. It is this accessibility that has made it possible for millions around the world to gamble whenever they want. They don’t have to put any effort into gambling anymore. It is possible to sit on your couch on a Thursday night in your jogging clothes and still go to the casino. It has become an entertainment industry as much as it a professional gambling industry – and thus it can attract an almost unlimited number of customers.

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