Reviewing the performance of the gambling industry in 2018

Elias Hubbard
January 3, 2019

The gambling industry has boomed in 2018 with 51% of the world’s population taking part in a form of gambling every year. Casino attendance in Great Britain is also on the increase with more people heading to land-based venues to try and maximise their winnings. Online gambling participation is also on the rise, and the industry has witnessed record-breaking numbers over the last 12 months.

In this article, we’re going to break down the success of online gambling and explore exactly how it grew globally in 2018.

The growth of the online gambling industry

Online gambling has made its mark in recent years and has seen significant success in 2018. It’s more popular than ever. The most commonly used device to gamble is a laptop computer, but there’s also been an increase in the number of users accessing online gambling sites via their mobile phones.

Many people choose to gamble online for its convenience and extensive gaming selection. The quality of online gambling facilities has improved drastically over recent years with improved graphics, additional gaming features and a range of payment options. It also helps that more gambling sites are taking extra precautions to ensure their players can play safely and securely on their websites.

However, different countries approach online gambling in different ways. In the UK, gambling online is a popular and normal pastime. But in America, online gambling laws are much stricter and limited.

Online Gambling in the UK Vs. US

The gambling industry in the UK has had a total gross gambling yield of 14.4 billion. And, with over 107,940 employees currently working in the Great Britain gambling industry, it’s safe to assume that it won’t be slowing down anytime soon.

However, in the US, it’s a different story. Gambling is regarded as a restricted pastime in America. Despite being home to the “gambling capital of the world”, the US prohibits the transfer of betting information via telephone lines. But this was largely regarding sports betting, which has recently gone through radical changes in 2018. The US Supreme Court decided to rule the Professional, and Amateur Sports Protection Act of 1992 was “unconstitutional”.

There’s also been more leniency shown to laws surrounding online gambling. Delaware was the first state in America to legalise online gambling back in 2012. Other states, such as Pennsylvania and New Jersey have legalised betting sites and apps. Online gambling is incredibly popular in Pennsylvania with online poker being the most popular form of gambling. This is a recurring trend across the United States and the UK.

Why is online poker so popular?

Poker has always been a popular casino game, but with the quality of online gambling increasing year after year, poker has quickly established itself as one of the most played games online. Since online poker was introduced, the amount of poker players worldwide has amplified. There are many reasons for its growing popularity. For one thing, it’s a lot less intimidating to play poker online than in-person. Most poker tournaments require a buy-in, and this often deters players from wanting to participate. But online, even amateur players are welcome to play live poker without the pressure of facing a group of professional poker players. There are usually various levels available, which means you can play against other novice players. Or, if you’re an experienced player, you can compete in more serious tournaments.

Playing poker online tends to be a lot more affordable than playing in a luxury casino. The stakes are much smaller, which means you can play without worrying about taking a substantial financial risk. Many online gambling sites offer players the option to play with real money or practice play, so you can work on your poker skills without losing a single penny. You’ll also have a range of poker options to choose from including Omaha, 7 Card Stud and Texas Hold’em.

The future of the gambling industry

Following the success of 2018, the online gambling industry is expected to do even better going into 2019. With technology continually evolving and online gambling sites continuing to improve the quality of games offered online, it looks like a bright future for the online casino industry.

Other reports by Click Lancashire

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