The online casino industry which began in the year 1996 has witnessed tremendous growth and has become more popular than one could ever have imagined. Presently, there are thousands of Internet casinos generating revenue that go well above billion dollars.
As Internet population grows globally, and with online gambling gaining popularity in European and Asian countries, it is safe to say that the above figures will grow even further with no instant signs of decelerating in the near future.
An online casino when compared to a land based casino has several advantages, which make it a far more profitable venture. Given below are some reasons which have contributed to the growth of online casinos:
An online casino accepts several different currencies so players of different nationalities can share the same virtual gaming room. For instance, an individual living in France can buy credit in Euro whereas a gamer living in the US can buy in USD. This eliminates the confusion and problem of having to first convert an unknown currency to one’s own before making a bet.