The online gambling sector was on some major rotation in 2005 with online casino promotions becoming bigger and better, gambling events merging online and offline marketing and a number of casino operators even making their way onto the London Stock Exchange.
New software technology and online casino games hit the market, making 2005 one of the busiest years yet sa gaming . But more importantly there are a lot of excited gamblers and investors waiting to see what the major online casinos and poker rooms will bring to the table for 2006.
Perhaps some cutting-edge, innovative gambling software or drastically improved Internet security technology that will add an entirely new dimension to what it means to play online. Or could we be looking forward to even bigger prize pools and tournaments that go beyond the likes of PartyPoker’s “Poker Tournament Cruise” or the Fortune Lounge Group’s “International Casino Games”.
Over the past year the online casinos have done a lot to make the process of online gambling more involved and exciting for the player. Traditional download casino software saw the addition of new technology designed to make the online casinos more enjoyable and convenient. Java applications and instant-play Flash casino games helped players obtain immediate access without downloading or installing software.
Mobile casino games have also become the growing trend within global entertainment markets, and many players enjoy great games, like poker and Blackjack from their hand-held devices. This technological revolution has allowed players to take their favorite online casinos and poker rooms with them.
Maybe a change is brewing in the way gamers play online, and with the increase in casino and poker room endorsements by eCommerce and Online Gaming Regulation and Assurance, eCOGRA, responsible gambling and player protection is becoming increasingly the norm online.
In South Africa, for example, Internet gambling is not really legal, but the National Gambling Board in that country, is trying to get above-mentioned sector legitimated by the Trade and Industry Ministry. This could mean that South Africans earning a substantial living off playing casino games or poker online could be in for the tax ride of their lives.
The question is whether 2006 will see the similar kind of phenomenon and originality that online gambling provided in the previous year. With the ever-increasing penetration and affordability of online entertainment, more and more players are joining in the fun at online casinos, and this creates healthy competition that is often the reason for fresh features and innovative technology.
Whatever this New Year brings, one things for sure, that financially the rewards stand to quadruple in the next four years, with the legalization of Internet gambling promising an estimated USD25 billion burst into economic markets.
So while online casinos vie for our consumer interests, we can enjoy the benefits or more appealing and interactive casino technology while we await the financial rewards of a revolutionary industry.
Gone are the days when people used to play casino games to indulge in serious gambling to earn huge amounts of profits. This trend was brought about by hard core gamblers in the year 2000. It continued for about five years or so. The trend has now shifted towards the fun aspect of the casino games. Today is the time when casino games are played by people basically to have some gala moments. The proliferation of Internet has given an impetus to online gaming. People play in different slots as per their convenience. Online gambling has enabled the enthusiastic people to try their luck in online casino games. Online casinos are perceived to be one of the best avenues for entertaining oneself. They offer numerous interesting activities to indulge in. It has happened for the first time that online gambling is competing with other modes of entertainment.
People are literally crazy about online gambling in the UK. It is anticipated that there will be a considerable rise in the spending limit of the average consumer. Revenue from online gambling is expected to touch nearly £1.6billion by the end of year 2010. Online gambling is likely to draw more and more leisure oriented consumers. The format of gaming is so simple that even a layman can play the casino game. There has been a surge in the number of websites offering online gambling. UK will continue to serve as the focal point to play the casino games. The leading players operate from the UK. Online poker is driving people crazy. It has caused bizarre all over the world. It has made an immense contribution in taking the business of online gambling to new heights.
Poker is the hottest topic in the market of online gambling. Online poker is expected to witness rise in the number of players. The industry is likely to grow by leaps and bounds. The total amount gambled at the online poker casinos all across the globe is over USD 60 billion. In the next 2-3 years to come, online poker will enjoy highest demand. The credit for bringing popularity to poker goes to the TV shows that portray the hero playing poker as stylish. Poker has received wide coverage within a short span of time. The world series of poker have been covered extensively by the ESPN channel. Online poker has contributed a great deal in enhancing the global business. Recently, betting was done on the competition of heavyweights that brought the well known poker site “Paradise Poker” revenue worth USD 300 million. The future prospects of online gambling are quite good. There is likelihood of cutthroat competition in the online gambling market.