Market Trends Influencing the Casino Industry Revenue
With each passing day, the online casino betting and sports gambling industry are exhibiting various transformations since the past decade. With all the technological innovations, the gaming industry is seeing changes like never before and so the phrase “Change is the only constant” fits so well with this industry. The major reason for so many changes in casino sports betting and gambling online sports industry is smartphone penetration. Today, online gambling sites and sports betting sites are becoming popular and replacing the traditional casinos. According to an online report, more than 60% of the revenue of casino betting sites and gambling industry comes from mobile devices and more than 70% of the betting stakes are done from mobile devices. There are several other factors such as cashless opportunities, Blockchain technology, bonuses etc. which is driving the online casino betting industry in a totally different direction. There are also various market trends in this industry