The gambling industry is booming with forecasts suggesting a global growth in the billions – but it wasn’t always like that. In this article, we look back on some of the most dominant gambling trends in 2021, which has definitely been the year where online gambling reached new heights.
This growing interest in online gambling could be due to the rapidly changing consumer habits we have seen since the start of the pandemic when searches for ‘online casinos’ hit an all-time high. Now, almost two years later, the pandemic is still raging, causing massive changes within most major industries on the globe, including gambling.
Forget about the days when you had to visit a prestigious casino or a drab betting shop. As a result of the many lockdowns, gamblers have adapted and discovered the joy of the online world in the process. Meanwhile, countries have opened their eyes to the industry’s potential with many poised to make more gamble-friendly laws. Let’s look at the biggest trends 2021 brought to the table.
Online casinos became the big power players
The gambling industry is ever-growing, and this two-digit billion market is expected to hit 67 billion dollars in 2025. The continuous flow of new users and gamblers is not a new tendency. However, the year 2021 brought about challenges due to the many lockdowns. Yet, as the land-based casinos had to close, online casinos could stay open.
These changed circumstances have had an impact on the gambling industry, as people have turned to online options, such as casinos and sports betting. As a result, new blogs and guides with casino reviews are popping up every day. Visit Americancasinoguide.com through this link to see just how much things have evolved during 2021.
More gambling on smartphones
With much more time indoors, many have turned to online entertainment on their phones and tablets. And online casinos and sports betting sites experienced a huge increase in interest from seasoned users and newcomers alike. Suddenly people followed the sports news, not just for fun but also to decide on their next betting strategy. The lifestyle during lockdown simply shifted the dynamic within the gambling industry even faster, pushing it towards the inevitable takeover from online sites. It was always going to happen – the pandemic just accelerated its pace.
Live dealers and socials
While an online casino means there is no physical location to go to, it does not have to be lonely – at least not anymore. With more people feeling isolated during the pandemic, there has been an increase in online casinos with live dealers, giving the players a more sociable experience from the comfort of their homes. They can even play against each other rather than a machine. Much more fun – and much more sociable.
A change in laws and attitudes
Finally, we have seen a positive global trend in the area of law. India is an example of this. The once ‘tough on gambling’ country is slowly changing its laws, making gambling a legitimate activity and industry that can flourish and grow. Another place that has paved the way for gambling opportunities is the US where sports betting has been legalized in many states, transforming the world of NBA basketball and football betting. These trends suggest a loosening rather than tightening of the law, giving gambling the boost that it needs to reach stardom.
