The online gambling market is already huge and growing steadily. Therefore, it is not surprising that investors keep an eye on performance. Land-based casinos have almost lost the race with their internet counterparts and the gap is widening every year. Licensed online casinos can offer gamblers from all over the world legal gambling alternatives, with Europe being the most profitable market.
Operators and bookmakers offering online casino games to the UK and local bookmakers must apply for a license from the UK Gambling Commission, one of the most stringent regulatory agencies. Players are obviously inclined to choose licensed casinos, so these are also the ones that attract potential investors. The largest online casino operators and the software developers they operate have been around for decades and they enjoy an excellent reputation. Return on investment is slow and steady, unlike new casinos that can make higher profits but do not offer the same guarantees in the long run.
Online gambling sets new record every year
The worldwide annual revenue of the online gambling market of 2018 was more than 50 billion US dollars and was a new record. This is a market that continues to grow, regardless of the international context, strength or weakness of local and global economies. Players are less interested in these circumstances and usually find the resources they need to meet their expectations. For big investors, this is a strong incentive to spend a lot of money, but ordinary people could also benefit from investing their savings in this industry. Online gambling has greater potential for future growth than most other industries, including land-based casinos and bookmakers. Most new players choose to play over the Internet to improve usability and to receive special bonuses and promotions.
The mobile gambling revolution is still in progress and more and more powerful smartphones and tablets are being released. Software developers are able to create better-looking games with more complex gameplay that can easily run on handheld devices. As a result, global annual sales continue to increase and forecasts for the next decade are optimistic. The best scenario is that these numbers double in less than 10 years.
The perks of a diversified portfolio
Investing in online gambling is relatively new, especially among ordinary people who have limited resources to spend money. If you can diversify your investment portfolio, it is indeed a good thing to take the less traveled paths. Traditional bonds and stocks have the advantage of stability and reasonable returns over long periods of time, but their growth is slow. On the other hand, online casinos can make bigger profits as long as investors make an informed decision.
There is no shortage of choices and nothing prevents investors from capitalizing on the immense potential of new markets. Everyone is eagerly awaiting the legalization of US gambling nationwide, but some American states have already taken that step. Early Adopters are always the ones who benefit the most. So take a calculated risk because investing in online casinos pays off in the long term.