Reasons for investing in online gambling 2022
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The economy changed entirely after the 2008 global financial crisis. Although this crisis did not last more than one year, it encouraged emerging technology sectors to lead the global economy. With a quick look at the list of the world's wealthiest people, you will find out that they do not all have significant physical assets, and more than 90% of their wealth is technology and software assets. This digital tech-driven economy has made available to small investors wholly new and different types of easy and profitable investments, including investing in global stock exchanges, cryptocurrencies, CFDs, forex, and even online gambling.
Online gambling has been growing in popularity for years. Websites such as Betfair and Bet365 are mainly known by sports enthusiasts and are used to bet on the results of, for example, football matches. In addition, it is also possible to bet on horse races, darts matches and other sports. Also, all gambling sites offer casino games. Unlike sports betting, casino games are not based on any skill and do not require studying the odds stats or following the matches’ events to predict the results! Moreover, casino games offer much more profit than sports betting, but their volatility is very high. Just UK casinos not on gamstop club, which has a plethora of the best casino games.
From sports betting to stock market speculation
There is a great similarity between investing in stocks and online gambling. Both areas depend on supply and demand, price volatility, and high profit/loss potentials.
What is striking is that when the sports events were shut down in 2020, a huge number of online gamblers have switched to speculating on the stock market.
A good example of this is the GameStop mania of the past few weeks. Instead of looking seriously at an underlying fundamental value of a stock, it is used for gambling. Entire online communities lined up to speculate the stock's value upwards. That it has little to do with investing, and it was pure gambling, especially when Reddit traders have lifted other stocks such as AMC, Nokia and even BlackBerry. Although the stock market can never be predicted, it must be remembered that there is a big difference between investing and gambling.
Online Gambling & Stock Exchange
Investing is increasingly seen as gambling, while there are countless options for 'real' gambling. This can be done online and there are more and more providers of gambling games. All European countries have legitimate authorities that license online gambling operators, except for the Netherlands. However, The Dutch Gambling Authority will start processing applications for a license from April first. Starting from September, the first licensed online casinos can open legally.
For those who prefer not to speculate on GameStop shares but want to experience the real gamble online, there are countless providers that they can try. Most providers have nice bonuses available for all players from the first moment they create a new account. These 'welcome bonuses' make it more attractive for new online gamblers to try the virtual casino.
Ways to Invest in Online Gambling
It's no secret that the online gambling market has seen tremendous growth in recent years. This has continued in the last decade and it seems far from the end. More and more people are discovering the benefits of gambling online, that's not surprising, because there are many of them. Compared to playing in an offline casino, you have many more options.
Online casinos are not limited by space and have no opening and closing times. So, online gamblers are free to play whenever they want from the comfort of their surroundings. Moreover, creating an account only takes a few minutes. After that, you can make a deposit, and you are ready to start right away! This ease of use has a massive appeal to many people, and it explains why more and more people are switching to online gambling.
As the growth of this market is also expected in the coming years, people are no longer only interested in playing online casino games. The attention to investing in online casinos or the Internet gambling market is also growing. The new generation is interested in making paid live streams for their betting sessions, affiliate marketing for gambling sites, designing games, and contributing to the new technologies that online gambling portals need. This is absolutely not strange. After all, online gambling is being legalised in more and more countries, making it even more attractive for many potential investors. But how exactly can you invest money in this market, and what is the current situation? We've researched it extensively for you here.
Online Casinos are Taking Over the Gambling Industry
Interestingly enough, online gambling is by far the most popular in Europe. Figures show that most players now choose to play online. That is different on other continents such as North America and Asia. However, many gamblers in some countries, like the Netherlands and Germany, still prefer classic casinos. In some cases, this has to do with strict legislation or particular habits. However, there is no doubt that there is also growth in online gambling popularity worldwide. Therefore, it is expected that the market worldwide will become much larger in the coming years.
Lots of New Technologies
Another reason that online gambling is gaining popularity is that it is becoming more and more sophisticated. Compared to, for example, 10 years ago, many games look more and more eye-pleasing and offer many more options. This, intuitively, makes them much more attractive for many people to gamble on the internet. For example, in the live casino, as a gambler, you'll enjoy a real casino experience where it seems as if you are sitting at a table in a land casino. In this way, gambling online becomes more interactive and that is often exactly what visitors to online casinos are looking for.
How Can You Invest in the Online Gambling Industry?
If you are seriously considering investing in online gambling, there are several ways to do this. If you have a lot of money, you can always invest in starting casinos or software companies. However, this field is fraught with risks. That's why it is often wiser to opt for more reputable names. After all, these have already built up a good reputation and are therefore often more stable. In that case, you have, among other things, buying stocks of games providers or online gambling companies.
This article was written in cooperation with Jason Farrell
