Will digital casinos overtake regular ones?

There are two obvious patterns we see today. On the one side, offline gambling aka traditional gambling start getting more expensive than ever before for the gambling companies. Licenses cost more to maintain, staff starts getting higher compensations, the government pays more attention towards gambling, which the chance of a fine is bigger. On the other side, we can see that there is a general trend of moving all of the possible types of services offline. People often prefer online marketplaces to regular markets, it is much easier and more convenient to read the news on the web than on the newspaper…people even meet their future wives and husbands online. Hence, this tells us that gambling can move into a digital space in just a few years from now.

Advantages of online casinos

There are a few obvious strong points of playing blackjack or roulette from your browser. First of all, you don’t have to spend time traveling to a place and back, online gambling saves you lots of time. In addition to this comes privacy. You will not be spotted placing bets by your business partner or a relative. Finally, it just safer as you will not get mugged on your way back after winning a jackpot.

Disadvantages of online casinos

One of the clear weak points is the lack of experience. It is quite a great feeling to enter a casino, a place with no clocks and hundreds of players winning and losing every second. In many casinos you get to experience some great service, free drinks and, maybe, even food. Apart from that, online casinos are not transparent. Many people have an attitude of “I don’t believe it until I see it” and this is where most of the online casinos fail to demonstrate their fair way of treating the players.

How will the future look?

Digital gambling will certainly overtake as it is much more accessible. Next to this, with the recent developments in the gambling regulation, bitcoin casino gaming is expected to take a large share of the market. The reasons for it are lower transaction costs, improved privacy and full transparency. The later is the most important point as, with the help of bitcoins, an online casino will be able to demonstrate its payout history.

However, regular casinos will not be gone. The experience they offer is much more than just winning and losing. Even though the costs of operating a casino are going up, it is still quite a profitable business. In a near future it is expected that most of the casinos will be placed only in 5-star hotels, as such locations tend to receive the most fitting audience. It is quite likely that gambling will be prohibited in more countries, hence many people will do it as a recreational activity abroad or will simply gamble online with bitcoins. However whether we could on the number of players or volume of bets, we are certain that within the next decade online gambling will overtake the traditional one.