Online gambling has taken the world by storm; it has become the best way to play games of chance from the comfort of your own home. According to a census taken back in 2016 of the number of players that have taken their business to the online platform – click to play UK slots now.
Online gambling makes up approximately 33% of all gambling in the UK. The recorded profits of 2016 reflected that £4.5billion is the figure that was the Gross Gambling Yield (GGY)- the figure before the deduction of costs of operation. This makes online gambling the biggest sector within the gambling industry. Of this figure of £4.5billion, £2.6 billion of it came from casino games and of this; online slot games generated a profit of £1.8 billion alone.
This proves that the online sector is doing much better financially compared to the offline market. This has to do with the technological advancements of the modern age and how most activities have an online component. The online platform has become a widely accessible one and the preferred method for gaming as a whole.
The safety of firewalls and encryptions have made online gambling feel safer rather than losing a casino card and having to lose any coins on it or have to go through a mountain of paperwork to claim winnings makes online gambling look even more attractive. The safety of having your funds in a casino account behind layers of cyber security is next level regarding the protection of personal information.
Traditional casinos still have their place in society; however, this has been shrunken to special occasions and for high rollers looking for the VIP experience. Not to mention the older generations that are used to the older ways of hitting the slots. Land-based casinos have certainly taken a hit with the advancement of technology and the move from many players to online casinos. The spurts of big profits that these casinos get are no match for the constant earnings which online casinos receive. The convenience of being able to play slots anytime and anywhere is unbeatable as players are not restricted to casino times or locations.
Online casinos additionally offer promotions and bonuses for slots. These are wads of free cash as they do not contribute to the house advantage. Loyal and new players are awarded by online casinos whereas real-world casinos typically do not offer these kinds of perks.
Unfortunately, in the face of innovation, the offline market has been left in the dust and cannot compete with the popularity and convenience of online platforms. When it comes down to the question of whether to hit the slots at a casino that you have to drive to and put up with the haze of smoke and other patrons or be comfortable in a controlled environment – it’s no question. The online slots and gambling industry as a whole is more popular and profitable as can be seen in the market research conducted in the UK.