Best of the Week
Most Popular
1.US Paving the Way for Massive First Strike on North Korea Nuclear and Missile Infrastructure - Nadeem_Walayat
2.Trump Reset: US War With China, North Korea Nuclear Flashpoint - Video - Nadeem_Walayat
3.Silver Junior Mining Stocks 2017 Q2 Fundamentals - Zeal_LLC
4.Soaring Inflation Plunges UK Economy Into Stagflation, Triggers Government Pay Cap Panic! - Nadeem_Walayat
5.The Bitcoin Blueprint To Your Financial Freedom - Sean Keyes
6.North Korea 'Begging for War', 'Enough is Enough', is a US Nuclear Strike Imminent? - Nadeem_Walayat
7.Bitcoin Hits All-Time High and Smashes Through $5,000 As Gold Shows Continued Strength - Jeff_Berwick
8.2017 is NOT "Just Another Year" for the Stock Market: Here's Why - EWI
9.Gold : The Anatomy of the Bottoming Process - Rambus_Chartology
10.Bitcoin Falls 20% as Mobius and Chinese Regulators Warn - GoldCore
Last 7 days
The 5 Biggest Bubbles In Markets Today - 20th Sep 17
Infographic: The Everything Bubble Is Ready to Pop - 20th Sep 17
Americans Don’t Grasp The Magnitude Of The Looming Pension Tsunami That May Hit Us Within 10 Years - 20th Sep 17
Stock Market Waiting Game... - 20th Sep 17
Precious Metals Sector is on Major Buy Signal - 20th Sep 17
US Equities Destined For Negative Returns In The Next 7 Years - 3 Assets To Invest In Instead - 20th Sep 17
Looking For the Next Big Stock? Look at Design - 20th Sep 17
Self Employed? Understanding Business Insurance - 19th Sep 17
Stock Market Bubble Fortunes - 19th Sep 17
USD/CHF – Verification of Breakout or Further Declines? - 19th Sep 17
Blockchain Tech: Don't Say You Didn't Know - 19th Sep 17
The Fed’s 2% Inflation Target Is Pointless - 19th Sep 17
How To Resolve the Korean Conundrum  - 19th Sep 17
A World Doomed to a Never Ending War - 19th Sep 17
What is Backtesting? And Why You Need Backtesting System? - 19th Sep 17
These Two Articles Debunk The Biggest Financial Nonsense I See In The Media - 18th Sep 17
Bitcoin Price Crash 40% In 3 Days Underlining Gold’s Safe Haven Credentials - 18th Sep 17
The Sum of Risks – Global, Strategic, Political, and Financial - 18th Sep 17
The Netflix Of Canada’s Cannabis Boom - 18th Sep 17
Stock Market Sentiment Speaks: Either You Learn From The Events Of The Past Week, Or You Are Hopeless - 18th Sep 17
SPX 2500 … At Last! - 18th Sep 17
Inflation Lies, Lies and OMG More Lies - 18th Sep 17
How to Choose right Forex Trader? - 18th Sep 17
Who Has Shaped the World the Most? The Dozen Greatest Achievers - 17th Sep 17
Riding the ‘Slide’: Is This What the Next Stocks Bear Market Looks Like? - 17th Sep 17
Gold Up, Markets Fatigued As War Talk Boils Over - 17th Sep 17
Predicting the Future of the U.S. and the World - 16th Sep 17
Deceit in the Financial Food Chain - 16th Sep 17
Gold GLD ETF Investment Resuming - 16th Sep 17
Extreme Weather & Energy Markets: What's Next? - Video - 15th Sep 17
Trump’s Path to IP Wars - 15th Sep 17
GBP USD Approaches Fibonacci Target - 15th Sep 17
Higher US Interest Rates May Force Higher Inflation Rates - 15th Sep 17
Stock Market Investors: Taking the Road "Less Traveled" Has Its Perks - 15th Sep 17
The 3 Best P2P Lending Platforms For Investors In 2017—Detailed Analysis - 15th Sep 17
The US Debt Bubble Will Soon Warrant Serious Measures - 15th Sep 17
Why it is Often Difficult to Sell a House Fast - 15th Sep 17
S&P 500 At New Record High, Will It Break Above 2,500? - 14th Sep 17
Capital Market Trends - 14th Sep 17
Mike Maloney: The Top 10 Reasons I Own Gold and Silver - 14th Sep 17
The Only Real Europe is Greece - 14th Sep 17
7 Security Tips for Online Traders - 14th Sep 17

Market Oracle FREE Newsletter

5 Markets Ready to Move Before Year-End. Eexpert Analysis and New Trading Opportunities

The changing demographic of online gamblers

Personal_Finance / Gambling Aug 21, 2017 - 11:24 AM GMT

By: Submissions

Personal_Finance

Thomas writes: The face of gambling has changed massively over the last couple of decades, developing into an online-driven industry that has altered not only the way people play, but who is actually gambling. Leaving the traditional image of a casino or bookmaker in the dust, online gambling is now an exciting experience that keeps players from all walks of life coming back for more. It is now estimated that 44% of women now regularly gamble, and an increasing number of 18-24 year olds are now opening online gambling accounts, as well as playing more often.


This shift has happened for a number of reasons, including the lower prevalence of betting shops and lower attendances at physical casinos and bingo halls, but one of the key drivers has been the fact that online gambling websites are now becoming the preferred method of playing the lottery, casino games or betting on sports. Online gambling providers are noting increased revenues year on year and the extremely lucrative industry seems to be experiencing steady growth, with new markets and types of player opening up year on year.

A noticed trend

The companies that offer online gambling certainly aren't oblivious to the fact that their demographic is changing rapidly either. The content as well as the type of games available on gambling websites are now noticeably geared to both younger people and women, with themed websites even aimed solely at attracting female players now quite common. With an ever increasing number of people in both of these groups, it makes absolute sense to have a wide selection of games for all preferences to ensure as many prospective customers as possible are interested in what's on offer. Online slot website Slots of Vegas in particular has a huge range of high quality virtual slot games that cater for all tastes. The site also provides huge jackpots and bonuses, so those that are lucky enough could find themselves winning huge sums of money.

More accessible games

With the vast array or tablets and smartphones now in the hands of as many as 9 in 10 adults in the UK, access to the internet has never been so straightforward and readily available. Mobile internet has changed the status quo completely too, with gamers able to log on anywhere, anytime via 4G to gamble on the move. Players can now visit a casino without having to leave the house, with increasing numbers of gamblers playing on their commute, whilst out with friends or even at work!

Where next?

It seems that there are still plenty of opportunities for gaming companies to expand their offerings, creating ever-more exciting games and appealing to even more people. One of the biggest opportunity lies within technology, with better hardware allowing game developers to be more adventurous with the way games look, sound and feel. Virtual reality has already exploded onto the general gaming scene and it is only a matter of time before online casinos get in on the action and provide an exciting new element.

It seems that the sweeping changes we've already seen aren't slowing at all and the world of online gambling is going to continue to leave its roots. With mobile technology, disposable incomes and more of a relaxed attitude to online to gambling from the younger generation, we can expect the industry to continue changing rapidly as technology and preferences shape what sort of products are offered to gamers of the future.

© 2017 Copyright Thomas - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife