The advent of online casinos has changed the way casino playing happens worldwide. If before, casino players need to brave the road traffic to get to the buildings where there are casino games, anybody who likes to play casinos can do it anytime and anywhere since these online casinos are available across various devices, provided they have an Internet connection. Online casinos have also spread like wildfire globally. There are casinos in the Western world and elsewhere, such as the Thai casino. But what is there to know about online casinos by the figures? This article will discover the various statistics defining online casinos today. Read on.
Interesting Statistics About Online Casinos
1. The market size of online betting and gambling is projected to grow to $100 billion by 2026.
In 2019, the market of online gambling was worth more than $50 billion. It has been said that its market will grow to a whopping $100 billion by the year 2026.
2. It was in 1994 when the first online casino was founded.
A company known as Microgaming created this casino following the introduction of the Free Trade and Processing Act of 1994 in Antigua and Barbuda.
3. In 2020, 70 percent of betting revenue came from mobile gambling alone.
These statistics clearly show how technology has shaped the betting industry.
4. In 1997, there were over 200 Internet casinos in operation.
As discussed earlier, the first online casino was from Microgaming, which opened in 1994. Nonetheless, it did not take so long for other casinos to follow suit. As a matter of fact, in 1997, there were more than 200 online casinos in operation. These online casinos were earning an average of $1.3 billion of revenue every year.
5. In the United Kingdom, people from age 35 to age 44 enjoy gambling the most.
This is not just in the United Kingdom, but these statistics are also similar for other countries across the globe.
6. Around 0.7 percent of gamblers have a “gambling problem.”
Recent surveys show that around 0.7 percent of gamblers are classified to have a “gambling problem.” These figures include people who feel they are almost losing control and those who keep on gambling despite knowing they have this problem.
7. Currently, sports betting is the most popular kind of gambling activity with 81 percent of gamblers saying they are into sports betting.
Despite this statistic, casino games are not too far behind, with around 74 percent of gamblers saying they enjoy the casino as a type of gambling as well.
8. 17 percent of British people who gamble choose to gamble online.
Not only this, if we take a look at the rest of the globe, evidence shows that around 26 percent of the global population are gambling in any given year.
9. A typical Australian spends more than $1,200 on online gambling yearly.
In Australia, online gambling is considered a big thing. It only keeps growing, and there is no sign of it stopping very soon. Furthermore, at 80 percent, Australia holds the highest number of adult gamblers worldwide.
10. In the United States, there are around 85 percent of American adults who tried gambling.
Together with the staggeringly high statistics of gambling in Australia, in the United States, around 85 percent admitted they have gambled at least once throughout their lifetime.
11. The revenue of online gambling worldwide reached $66.67 billion in 2020.
Online gambling, along with online shopping and more things on the Internet, benefited the most from the COVID-19, a global pandemic that is still happening now. With land-based gaming establishments closing down, gamblers from all across the globe resort to online betting, like online casinos.
With those being said, the online gambling revenue worldwide reached $66.67 billion in 2020, increasing from 2019’s $58.96 billion.
12. In 2020, 70 percent of revenue from betting was predicted to come from mobile gambling alone.
This reflects the fact that almost everybody, no matter which part they are in the world, relies on their smartphones in everything they do, gambling being one of them.
13. 57 percent of American online gamblers are women.
More than half of United States online gamblers are female. This figure may also comprise social casino gambling, a game that does not involve real money. However, it is clear this breaks the stereotype since there are more male gamblers in the United States than females.
14. 96 percent of online gamblers play the games at home.
Almost all online gamblers play at home. With this, 55 percent use their mobile devices to play these types of games. Because of the portability of these mobile devices, 12 percent of players prefer gambling online while they are on the commute.
Not only these, but another 12 percent prefer playing at work, eight percent prefer playing while in the club or pub, and four percent like playing at a sports venue.
Thanks to modern technology, many people across the globe are offered a multitude of options when it comes to spending their free time. The Internet has become a place and haven where individuals can try various types of entertainment. This has also contributed to the gambling industry a great deal. Plus, today, gamblers from all around the world can win real money even when they are just sitting at home and playing their favorite online casino games. They only need to access the World Wide Web, and winning these games can begin.
Online casinos have become quite renowned recently. The variety of available platforms for gambling is so wide figuring out the best to use is challenging.
There are different reasons why you should get your head in the game, that is, the online casino. These include saving you time and playing wherever you want, playing fairly and safely, giving you a wide array of choices, providing you with rewards and bonuses, and of course, letting you have fun while at home.
The online casino and gambling statistics you learned about above should paint a picture that these kinds of games are both fun and risky. However, they only get bigger day by day. Amidst the risks, it is always important to practice moderation like with any other activity.