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Why Online Casinos Are Here To Stay

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Photo by Brooke Cagle on Unsplash
Reading Time: 4 minutes

 

Over the last few years, there has been a rapid increase in the number of online casino websites popping up. These will continue to become more widespread with all of the new online casinos 2021. These have been successful in gaining large followings from players all over the world. Whilst some people may think that these sites are simply a fad, there are, in fact, many reasons as to why they are here to stay for good. We have looked at some of these below in great detail.

Provide Greater Confidentiality

Some players like the idea of being anonymous whilst gambling. There are a number of reasons why this may be so, although one of the main ones is getting seen by someone within a gambling venue that you do not want to see you there. In a large casino, such as those found on the Las Vegas strip, it can be almost impossible to know who will see you whilst you are there. This poses a big privacy issue, especially for high profile people such as athletes, actors, and politicians. 

However, by playing on an online casino, this is not an issue, as you are able to gamble away in the privacy of your own home. No one can possibly see you and such websites offer a good level of confidentiality, doing everything that they can to keep the identity of their customers private. As a result, no one will ever be aware of what your gambling habits are exactly.

Make You Spend Less

As anyone who has ever set foot in a store before can attest to, it is quite easy to go in with the aim of just getting one item and coming out with dozens of others instead. This is because they are filled with lots of tempting products and offers that will entice you into making a purchase/purchases. Casino resorts are very much designed in the same way, with there being present many things to tempt you from parting with your hard-earned money. These include luxury accommodation, fine dining, exotic drinks, and pulse-racing shows. None of these things are cheap and if you decide to indulge in them all, it can end up costing you a fortune. 

However, playing at an online casino means that you do not have all these things to tempt you, thus meaning that you will spend less…at least on other things than gambling. To ensure that you do not gamble away more than what you can afford, most online casinos have betting limits in place, so that you do not get carried away and spend all of your money on one spin/hand / or throw of the dice. This is perfect for those individuals who are either on a budget or have a gambling issue.

Provide You With Bigger Bonuses

There are many online casinos out there that are known for providing big win bonuses to their players. Some even give out bonuses simply just for signing up with them. The bonuses and rewards come in the form of things like free spins or matching of sums deposited. Similarly, many provide players with generous loyalty schemes that offer benefits and regards the more that you play. However, these do come with certain terms and conditions that must be met in order to qualify for them. These often come in the form of specific wagering requirements and the like. 

Because online casinos have much lower overheads and overall running costs than those with physical real locations, they can afford to pass these savings on to players in the form of larger and more generous bonuses. All the expenses that come with running an actual real casino, such as electricity, manpower, premises rent, water, etc. are all costs that are not relevant to online casinos. Over the space of a single year, these can build up considerably. Online casinos only need very few staff and the odd few pieces of equipment in order to keep their business up and running. 

Accessible 24/7

Many people do not have real physical casino locations near them to go and play in. Therefore, being able to play your favorite games online provides for a much more convenient experience than driving for hours in order to reach your closest casino. This is similar to how online stores such as Amazon work, whereby you go to them because you cannot physically go to a store. To be able to access these online casinos all you need is a computer or mobile device that has access to an Internet / Wi-Fi connection. 

Because of how many games these websites have on them, you would have to visit one of the large Las Vegas super casinos in order to experience the same amount of games. Doing this would obviously cost you more in travel and accommodation if you then decided to stay the night. However, for some individuals, travel is simply not something that they can do. This can be for a variety of reasons, including work or commitments at home.

 

Make gaming accessible for all

Anyone that enjoys gambling and playing games but has some sort of health or mobility issue can find getting to and making their way through some of the bigger gambling resorts a difficult thing to do. This includes people with anxiety problems, lung diseases, agoraphobia, muscle problems. Thanks to the prevalence of online casinos, these such individuals are able to play away and not have their health problems impact on their enjoyment of doing so. 

 

Staying away from physical casino locations is actually good for everyone’s health as it stops you from eating excessively at the all you can eat buffets and get carried away at the bar. However, you must remember to take regular breaks when gaming on a computer screen as it is bad for your eyes and can cause fatigue. Getting up and stretching your legs helps to get the blood flowing and fight the effects of fatigue. 

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Industry News

DAZN Appoints Brice Daumin as CEO of French and Swiss Operations

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DAZN Group, the world’s leading sports streaming service, announced the appointment of Brice Daumin as CEO of its French and Swiss operations. Daumin will oversee DAZN’s growth strategy in France, using his experience and knowledge of the French market garnered over 25 plus years in the French media and telecoms industries.

The move further underlines DAZN’s commitment to France after its launch in August 2023. DAZN brings its French subscribers the best of combat sports including a weekly schedule of top-quality boxing, MMA with the Professional Fighters League and PFL Europe featuring world-class fighters such as Francis Ngannou and Cédric Doumbé, huge PPV boxing line-ups featuring Tyson Fury and Anthony Joshua, such as “Day of Reckoning”. DAZN also brings its customers top-tier football including Ligue 1 Uber Eats, and the UEFA Women’s Champions League.

DAZN has also delivered a distribution strategy, striking deals with prominent telco and cable operators, to ensure as many French sports fans can access DAZN’s compelling catalogue of premium live sports content, magazine programming, archive and other sports entertainment products. Daumin will report directly to Alice Mascia, whose group responsibilities include her roles as Group Chief Marketing Officer and CEO of DACH.

Shay Segev, CEO of DAZN Group, said: “DAZN’s global sports offering expanded into France last year and we’re excited to announce that Brice Daumin is joining our team to help us grow in this evolving market. With his extensive in-market experience across our strategic imperatives – customer focus, commercial development, and distribution – Brice will play a key role in our long-term development in France. This is a clear statement of DAZN’s commitment to France and our ambition to continue growing in this exciting sports entertainment market.”

Brice Daumin, CEO of DAZN France, said: “This was an easy decision for me to make. DAZN has already demonstrated its offer right across Europe, with its operations in Belgium, Germany, Italy, Portugal and Spain. Working with the biggest rights holder, in local markets and on a global level, DAZN delivers a fantastic service in a way that works for fans and rights holders. The opportunities for further growth in France are clear, especially when you look at the expanding range of sports entertainment products DAZN is creating – e-commerce, ticketing, social experiences and gaming. The French sports fan is ready for a new experience, one that DAZN will deliver.”

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Industry News

Betsson Acquires Gaming Operator and Game Developer in the Netherlands

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Betsson announced that the Group has acquired Holland Gaming Technology Ltd, a gaming operator with a license in the Netherlands, and Holland Power Gaming B.V., a game studio that develops casino games for Holland Gaming Technology Ltd. The total consideration amounts to EUR 27.5 million on a cash- and debt-free basis and is financed with own liquid assets.

Holland Gaming Technology Ltd is a gaming operator, which holds a gaming license for casino games in the Netherlands and offers games through the websites www.goldruncasino.nl and www.goldruncasino .com.

Holland Power Gaming B.V. is a game development company in the Netherlands that supplies casino games exclusively for Holland Gaming Technology Ltd.

The total consideration amounts to EUR 27.5 million, out of which EUR 16 million is paid upfront at closing, and deferred payments of EUR 9 million and EUR 2.5 million will be paid in six months and twelve months respectively.

The acquisition will over time contribute to a higher share of revenue from locally regulated markets and is in line with Betsson’s strategic ambition to deliver profitable growth through geographic expansion.

The acquisition is subject to post-closing approval by the Dutch gambling regulator KSA.

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Industry News

IGT Earns Gold Medal from Leading Sustainability Rating Agency EcoVadis

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International Game Technology PLC announced that it has earned a gold medal sustainability rating from EcoVadis, a leading provider of business sustainability ratings. This gold medal rating positions IGT among the top five percent of global companies assessed by EcoVadis for its comprehensive sustainable business practices. IGT scored particularly well in the areas of environment, ethics and sustainable procurement.

IGT’s sustainability programme was assessed under the EcoVadis criteria using 21 benchmarks within the categories of environment, labour and human rights, ethics and sustainable procurement. EcoVadis methodically evaluates environmental, social and ethical performance using these international sustainability standards for more than 85,000 companies worldwide.

“Receiving a gold medal from EcoVadis validates IGT’s long-time commitment to continuously improving our ESG results and the effectiveness of our Sustainable Play initiatives. IGT will leverage the gold medal honor from EcoVadis as inspiration for enhanced sustainability innovation and performance, as we help contribute to a more sustainable future for our business and stakeholders,” said Wendy Montgomery, IGT SVP Marketing, Communications and Sustainability.

EcoVadis’ business sustainability ratings are based on international sustainability standards such as the Ten Principles of the UN Global Company, the International Labour Organisation conventions, the Global Reporting Initiative standards and the ISO 26000 standard. The ratings provide an evidenced-based analysis on performance and an actional roadmap for continuous improvement.

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