it is no understatement to say that online gambling has revolutionized a global, nearly century-old industry to its core within a few decades. A global viral outbreak in 2019 and 2020 further pronounced the worth of online gaming but also highlighted some of its more detrimental effects. This short guide will provide a brief overview of the impact of casino operators on the online iGaming scene.
Online Casinos vs. Land Casinos
The advent of casino sites is irrevocably affecting the way people bet. Where land-based casinos have for decades been the primary entertainment centers for millions of players internationally, online casinos are undoubtedly becoming the new playground for new-generation players.
Some may even say the rise of casino sites poses a mortal threat to the land-based industry, and rightly so. Online casino operators offer unprecedented benefits, such as the convenience of gaming, tailored player amenities, and more gaming material than even the most ardent players can handle.
Next to online casinos, land-based casinos seem stuck in time, offering the same choice of table games and patron services as they had for years. Where brick-and-mortar casinos can be seen as either a retreat for the wealthy or for professional gamblers, online casinos accept and welcome all types of players that are ready to spare a bare minimum of their budget or with no budget at all (thanks to the no deposit bonuses) and offer a more personalized experience for casual and high-stakes players alike.
The most esteemed gambling entertainment corporations who operate land casinos can stock thousands of tables and slot machines on the game floor. On the other hand, small-scale casino venues offer a limited game choice compared to the best in the business.
There is no such discrepancy among online casinos. Certainly, some iGaming sites do the bare minimum in terms of game selection. However, in the world of online gaming, technology and regulation allow smaller casino sites to compete with the most reputable brands in terms of game choice. Still, there is no comparison when it comes to these, always go for an already approved and established brand.
The Rise of Gaming Software Providers
Even seemingly small online casinos can offer up to 5,000 games due to the emergence of casino gaming software developers. While some casino game providers have supplied gaming sites with content from the onset of the iGaming industry in the 1990s, many major developers have emerged in the past two decades.
To keep up with the competition, the top casino software developers release a new title every month or every few months, perpetually feeding their online casino partners with new content. They are in a constant race to keep up with the latest game technologies and develop more immersive casino games that will satisfy every player's gaming appetite.
One of the most significant differences between online and land casinos is the convenience of access. While you have to actually be physically present on the casino floor at brick-and-mortar casinos, online casinos offer the convenience of remote play and play on the go.
Technology allows online gaming brands to effortlessly adjust their software, gaming products, and all other services for mobile play. You can find mobile casino apps native to Android and iOS systems, but that is not the only way to play on the go. HTML and other technologies and website-development processes allow tech teams to adjust casino sites for use on a mobile browser without the necessity of using an app.
Online Casino Regulations
One of the major factors for the advent of online casinos is the standardization of gambling regulation and the establishment of credible regulators and licensors. The global interest in internet casino gaming has led to the institution of regulators like the UK Gambling Commission, the Malta Gaming Authority, iGaming Ontario, and Curacao eGaming.
iGaming Ontario and the UKGC are arguably the two top operators providing regulation on a local level, while regulators like the MGA and Curacao eGaming supply providers with remote gambling licenses for those who want to play at offshore sites.
Upsides and Downsides of Casino Sites
Online casinos are unarguably the next big thing in the global iGaming industry. The benefits of playing at licensed brands with fair user terms and extensive game portfolios are manifold.
Unfortunately, not all of the options available to players are safe. Below we examine a few of the benefits and drawbacks of web casinos.
The Benefits of Online Gaming Sites
The convenience of remote play is perhaps the major advantage of casino sites. There are only a few essential conditions to play online, such as age eligibility and a small budget, which can be as low as $10. Apart from playing from home, mobile play enables playing on the go on a whim.
The variety of casino bonuses is another big game-changer. Alongside bonuses tied to deposits, many casino sites offer no deposit offers and loyalty/VIP rewards and perks tailored for casual players and high-rollers alike.
Lastly, interactive online play is also enabled for live dealer blackjack, roulette, poker, baccarat, and craps. Live game shows are a novel live gaming category that also appeals to specific audiences.
The Drawbacks of Online Gaming Platforms
Although licensed casino operators employ robust anti-money laundering and anti-fraud measures, they cannot completely root out such practices, which threaten the integrity of the entire industry.
Excellent customer support is another key factor that defines one casino from great to terrible. Also, while live gaming is a major asset of online casinos, the thrills of live betting in person are, some would argue, incomparable to playing online.
Lastly, all regulated online casino operators institute policies and measures to allow players to set deposit limits, take a break, set session limits, and use other features to be in control. However, due to the ease of depositing large amounts of money and the access to thousands of real money games, gambling addiction continues to be a thorn in the eye, even for the biggest online brands. Today, major brands have plenty of responsible gambling programs ( self-exclusion, deposit limits, etc.) that guarantee a safe gaming session for all players.
Casino enthusiasts of traditional betting at brick-and-mortar casinos tend to be repetitive in their arguments about why land-based casino venues are the real deal.
Yet, online casinos give players countless arguments that support the contentious claim that online casinos are, simply put, the way forward.