The internet has been a frontier of change for many industries. Some happened faster than we have initially anticipated, like the way we listen to music and watch movies. For some other industries it took a little while to adjust to the internet, but technology innovators do no rest on their laurels, and it was only a matter of time until casino and gambling becomes mainstream online.
Online gaming or gambling is now a multi-billion dollar market. The popularity of this industry has been growing over the years with rapid pace in Europe, while encountering legal obstacles in the United States. The global size of the online gamingmarket has crossed the $41 billion mark, which is an increase of 36.6% since 2010.
In Europe, where rules and regulations have been flexible and more accepting of the new online business, has become the largest online gambling market in the world. Besides the UK, France and Spain where the industry is pretty much established, more countries, like the Netherlands, are now allowing online gaming as they are trying to increase tax revenue. The popularity of the new gaming platforms can be explained because of companies like Netbet Casino on Mobilewhich include a wide variety of games and gambling options all in one place, including - poker, casinos, sports betting, bingo and lotteries. Casino games and sports betting make up the largest share of the market.
In the United States, despite legal limitations, the industry has been growing as well. In 2013 several states decided to be more open to online gambling, like Nevada, New Jersey and Delaware. Other states in which legalization legislation has been introduced continues to grow — California, Colorado, Hawaii, Illinois, Iowa, Louisiana, Massachusetts, Mississippi, and Pennsylvania. In 2014, statistics show that this online marketwas employing 734 thousand people and has made a total contribution of approximately 240 billion U.S. dollars to the U.S. economy. Needless to say, the popularity of online gambling is expected to continue spreading.