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Online Casinos: The Impact and Contribution to the World Economy

Posted on December 23, 2017 in Uncategorized

Online gambling is big. Not just kind of big, it’s massive. In an economy where the recession has bitten most businesses and strangled others, online casinos and even high street bookmakers; are thriving. The very first online casino opened in 1995, and in the past decade the phenomenon has exploded into something that is huge beyond belief.

Despite bad publicity, bad economies and various obstacles by governments, this industry has grown beyond peoples expectations. It’s hard too see a time when they were not around. Online casino guides have a plethora of information about the best places to bet, and are great guides to the ultimate online casinos.

Here are our top 5 reasons why they are great for business and great for the economy.

1) No Dress Code:

One of the main reasons people stayed away from regular casinos was the atmosphere. Having to follow a strict dress code, wait in line and the general rules surrounding the casino experience put people off big time. Being able to play online is as restrictive as sitting in your home and watching TV.

2) Bonus Bonus Bonus:

An online operator will typically offer a cash bonus for signing up. There are few high street businesses that pay you to walk in the front door. There are fewer still that give you free spins, monthly prize draws and a whole other rack of freebies. Including vouchers for high street shops.

3) Location, Location, Location:

Some people like to play casino games every day. If you need to go to a physical location this is impossible. With an online casino, you can play with a laptop and an internet connection anywhere in the world. It really is the most convenient way to play casino games.

4) Fun Factor:

Online casinos are fun… period. You can take a break, have a drink, smoke. All of these things are not allowed in many casinos and more to the point you can still chat with other players, watch TV in the background. Turn the laptop off for an hour while you cook, then start again. You get all the benefits of a casino with none of the drawbacks.

5) Private Life

Some pro gamblers have said that being able to test new systems without prying eyes is one of the many advantages of online gambling. But for many it is simply the ability to play games without other people elbowing you or noise. Some people simply don’t like being around other people.These are just a few of the reasons the online casino guides are saying that online casinos are the new boom industry. The economy surrounding these businesses is also huge, these companies all need employees, web designers, coders, lawyers and accountants. Not to mention the fact that people are winning tons of money every day, enough to pay of the car; and in some cases enough to pay off the mortgage.

That is what you call impact.