The UK gambling market is growing very rapidly
In general the online casino industry is increasing at impressive rates and during the past few years the growth is tremendous in a global plan. Nowadays customers can gamble legally from anywhere, at any time using a desktop, tablet or any mobile device.
Due to legal changes and technology development the growth of the UK online gambling market is impressive
There are some changes made in the UK gambling market which led to this rapid growth
With the Gaming Act which was instated in the UK in 2005 the use of online casinos has massively increased.
In 2017 the UK Gambling Commission released their Gambling Participation and Perceptions Report. This report contains a lot of detailed information showing the increased usage of online and mobile gambling especially in the UK. During the year of 2017 45% of citizens in the UK participated in some form of gambling. According to the survey 18% of those players were enjoying their gambling entertainment using online gambling sites. Online gambling is growing very fast within the industry.
Online and mobile gambling has become quite popular due to the high technology development. It makes it possible that players can play from the comfort of their home or environment they have chosen. Playing from your comfort zone the association is that you play in a land based casino and at the same winning odds.
The UK Gambling Commissions decided to implement stricter gambling regulations. For example, there is a rule that advertising of gambling companies at sports events is prohibited. This aims to protect gamblers and keep companies from taking advantage of the audience.
From the other hand the popularity of E-sports betting is growing. There are many platforms available where it is possible to participate in sports betting. Currently tennis and horse races are the most exciting sports to bet on online.
Nowadays new currencies are used such as Cryptocurrency and as a result the online gambling market is growing in popularity. With cryptocurrency implemented by many casinos, players have access to more benefits. For example, safe and anonymous deposits and withdrawals as well as faster processing time of payments.
The growth of online casino gambling is tremendous, especially in the UK. The positive side from this growth is that users will have access to new innovative games as well as competitive service provided by the online casino operators.