During the past two decades, the online
casino industry has expanded dramatically. According to studies done by
different casino associations, the industry has developed because it takes
everything together. For example, CMD368 casino offers complete gambling
experience that includes lottery and betting.
The study also indicates at “problem
gambling” that is people committing crimes like robbery
and bank frauds and lying to family and friends to get funds for gambling. But
these people constitute around 1% of the total gambling population. Also, it
would be wrong to blame CMD368 for bad habits because these people take
gambling as a source of income and for this reason rely too much on casinos.
Here’re
the findings of studies done on expansion of casino industry
About
users
1. A large number of gamblers belong to lower
to middle income group that want to enjoy gambling but without risking their savings.
2. Number of higher income group people is
also increasing but they are limited only to selected casinos.
3. Housewives also constitute a small number
of online gambling populations.
4. Young generation like college students and
management graduates are also taking interest in online gambling. But their
number is too small.
About spending
5. So far, gamblers from lower to middle
income group are spending the largest amount on gambling activities that
include lottery and betting.
6. Housewives come on the second number on
spending.
7. High-income group gamblers come third in
spending on casino activities.
About gambling preference
8. Casino games like poker, baccarat,
blackjack, roulette wheel and slots are the first preference of online
gamblers.
9. Lottery comes on second because it is more
like a source of income than a game.
10. Betting on sporting events is high only
during big events like FIFA.
Time spent on gambling
11. Average time spend on gambling is 1-2
hours everyday but it is increases to up to 4 hours on weekends and holidays.
Employment generation
12. Legalizing casinos has a direct impact on
employment. It is found that countries where gambling is legalized have higher
employment (8%) than those without casinos.
Tax benefits
13. Taxes from casinos are much lower in
comparison to taxes collected from other industries but casino taxes help
governments avoid spending cuts or increasing taxes on other areas.
Impact on other industries
14. Lottery companies registered a steep
decline in their sales after the online casinos started expanding but they
never targeted the people that constitute a large number of gambling
population.
15. Betting on sporting events remain largely
unaffected due to its association with sports. People that love sports take
interest in betting.
16. Online gaming industry is facing toughest
competition from casinos.
Opposition to casino expansion
17. Casinos are alleged to promote bad habits
like alcoholism and crime in society.
18. Social organizations decry casinos for
distracting students.
19. Some casinos operate illegally and cause
losses to the tune of millions of dollars to the governments.
But the casino industry is thriving despite
opposition. Also, the governments find the allegations leveled against casinos
are baseless.
Myth:
Casinos promote bad habits
People with bad habits play casino games.
Casino games require presence of mind with high level of intelligence instead
of an alcoholic mind. Addicts and criminal can never get success in casino
games.
Myth:
Casinos distract students
There are many things that are distracting.
For example, take movies and online content like Netflix that is more
distracting than casinos.
Myth:
Casinos operate illegally
There are many businesses operating
illegally. But it is for the government to make strict rules to discourage illegal
businesses.
What is the most important finding of casino
studies?
Online casinos take every activity that is in
anyway related to gambling together. For example, take lottery that registered
a steep decline when the casinos start expanding. But today lottery has become
a part of casino industry.
Online casinos are working with lottery
companies to make lottery more interesting. Availability of online tickets and
live telecast of lottery draw are some of the ways that promote lottery. Also,
gamblers can view past results to make winning numbers.
Gamblers that are also sports fans take
interest in betting during sports seasons like FIFA that is the biggest
festival of odds judi bola live on earth. They get betting odds on casinos.
Also, they can find tipsters on casinos.
What
is the biggest strength of casinos?
The study found convenience as the biggest
factor in the expansion of kasino live Indonesia. Online gambling is made convenient to attract people of all
income groups and ages.
Convenience
of finding: It is easier to locate
and access online casinos than driving long distances to access physical
facilities. Quick accessibility attracted people to gambling.
Convenience
of playing: Online casinos give
bonus that is free money and it is for gambling. People can easily find casinos
and get bonus for playing. It is dual advantage that makes online gambling
irresistible.
Convenience of winning: Online casino games are tweaked to make them
customer friendly. For example, take online permainan slots terbanyak that come with multiple reels and tens of
winning lines that increases winning chances. Similarly, video poker is made
for those that are new to this game.
Convenience
of investment: For online gambling,
you need a gambling account that is like your savings account. Bonus and
winnings would be credited to this account and gambling money would be deducted
from the account. Having a dedicated account for gambling would make it easier
to keep tab over your spending.
Which is the biggest gainer in casino
expansion?
Sportsbook online Indonesia is so far emerged as the biggest gainer. It is so
because betting is the only activity that people of all ages and different
income groups enjoy. The number of bettors has increased rapidly with the
expansion of casinos.
What is the future of casino expansion?
Mobile casino in Indonesia is the future of online gambling industry. In
future all casinos would be available on mobiles. A simple mobile application
would provide the real pleasure of gambling in the most convenient manner.