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The UK Casino Industry And Its Amazing Growth

A few years ago, the idea that you could place a bet with your phone seemed preposterous. Yet here we are today, using our mobile phones for a huge number of activities. Placing bets on sports and playing casino games is one of many things we can now do thanks to ever-increasing technological strides forwards. Right now, mobile gambling is taking the lion's share of the whole gambling pie, and we can only see this getting bigger every passing day.

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Introduction: The UK Casino Industry and Its Amazing Growth

It’s hard to believe but the very first online bet was made in 1996. Since then, the overall betting and casino industry has grown at an alarming rate and there have been massive technological improvements along the way. For the punter or casino gambler, this means that the quality of online gaming has been constantly improving, with more options now available than ever before.

What’s particularly interesting is that not all nationalities or cultures are equally interested in gambling. For example, the United Kingdom is one of the world’s most lucrative gambling markets, and for its size, it represents a sizeable proportion of the total annual gambling turnover from around the globe. In fact, it’s estimated that the total annual revenues from UK gambling and sports betting will pass $18 billion for the first time by the year 2024. This impressive achievement is made possible thanks to the rapid advancements in both technology and the uptake of mobile devices by customers worldwide.

The UK Casino Industry: The Mobile Movement

Probably one of the main factors in the exceptional growth of the gambling marketplaces is the facts that internet speeds have increased significantly over the last few years, thereby allowing easy access for millions of people. The growth of the mobile marketplace has bought untold wonders and benefits to your average online gambler. There are now thousands of quality websites online within the casino industry, that can be accessed with the simple swipe of a finger across a portable phone screen, at any time and from anywhere.

Going back a few years, you’ll see that the first online casinos were relatively primitive. If you were playing on your PC or laptop it wasn’t such an impressive experience, to put it mildly. In terms of quantity or quality, the punter’s choices were very limited and the overall experience was nothing more than a clunky one. Back then, mobile technology was in its infancy, and the very idea of being able to play casino games on your mobile phone was pure fantasy.

Fast forward to today, and we can see that it’s mobile technology that is driving all internet gambling sites upwards and onwards. The sheer ease of being able to take out your portable phone and go online with the touch of a few buttons has made mobile gambling the number one method of placing sports bets or playing at the online casino. After all, you only need to log on to the online casino and then you’ll be playing epic jackpot games instantly.

The UK Casino Industry: Safety And Security

Back in the early days of internet gambling, it appeared that almost anyone could throw together a website and start making money from punters. As you can well imagine, they were all sorts of businesses and businessman behind these efforts, and some of them were far from honest. Today you’ll need to jump through any number of hoops in order to gain an official licence and you will be thoroughly regulated throughout the course of operating your internet betting company. One of the safest casinos with a reputable licence is 22Bet Casino. They have a massive number of games.

In the UK, licensing regulations form part of the cornerstones of online gambling. The UK Gambling Commission takes online betting, and its effects on society, very seriously indeed. As such, they are constantly performing, testing, enhancing, and refining all policies concerning online gambling, including both advertising and age verification. Interestingly enough, it’s now the gambling companies themselves, who are tasked with protecting those players who have a possible gambling addiction. On discovering them, these companies are obliged to either suspend or exclude such players for their own health benefits.

As you expect in an open market, there are always some casino operators who choose not to play by the rules laid down by different gambling authorities. That’s why we always suggest you take your time and check the casino’s licence and that it follows all regulations before you sign up. Only stick with the best online casinos with jackpots. Unless the casino or gambling company in question has some governmental oversight, they could very well simply rip you off, and there’s nothing you or anybody can do about it.

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The UK Casino Industry: More Generous Offers

With a fixed number of gamblers and yet an ever-growing number of gambling companies within the casino industry, it’s no surprise that there is a huge competition between them to sign up every single punter. The only way to differentiate your company from another online gambling entity is how much and how often you are prepared to make these offers to would-be customers. This is a case of market congestion leading to greater competition, which in the end, should benefit the online punter.

As casino brands are forced to offer greater incentives of all shapes and sizes, you’ll see new promotions on a daily basis, even from the same company. The initial welcome bonus used to be a relatively small fixed sum, but today you will find it can sometimes go up to thousands of pounds as bonus credits. There are also plenty of no-deposit bonus offers would you can take advantage of, and with these, there’s no need to pay any money into your casino account. With many companies, you can not only keep, but also can cash out the winnings from these no deposit bonuses directly into your pocket.

We suggest that you take the time and effort to read through the terms and conditions of every casino site before you accept any offers they might have. This is necessary because casino companies, even the best jackpot sites, are not renowned for their generosity and are certainly not in the business of giving out free cash. On the whole, the greater the bonus, then the more restrictive will be the terms and conditions, and the more difficult it will be to cash out. Though a casino with a reputable gambling licence will, on the whole, be honest, keep in mind that transparency has never been any of these companies fortes and the same goes across the whole casino industry.

The UK Casino Industry: The Live Casino

Thanks to major advances in technology, many of today’s online casinos are able to replicate the live casino experience. For the gambler, this means being able to sit at a virtual table and play with a live dealer in front of them. They can chat with players sat at each elbow, as well as the dealer or croupier who is overseeing the game. And all from the comfort of his own sofa at home, playing on a portable phone.

For a great live dealer experience, we highly recommend 22Bet Casino. Not only are their live dealer games off the charts in terms of having a great time, but they also help you get started with a generous welcome bonus of 122% up to €300!

We can honestly say that live dealer casino gaming has totally changed the casino industry and revolutionized the way that punters now interact with online casinos. For a start, there’s no need for the RNG or Random Number Generator anymore, as live dealer games use real dealers who oversee the table casino action. High definition cameras provide a direct link between the casino host and the punters, and everything operates in real-time, which makes for a much more immersive and enjoyable experience as a means to win the jackpot online.

But more importantly than all of these factors, it opens the door to a social experience for the online casino punter. This beats playing with a cold and heartless machine, hands down, as it allows online gamblers to interact with others whilst playing any number of live games.

The UK Casino Industry: Is The Future VR?

It’s quite possible that in the near future that the casino industry will see the rise and eventual dominance of virtual reality technology, as it will play an increasing role in the online casino industry. Right now there are some websites offering a virtual reality experience, but on the whole, it’s a rather clunky and primitive affair. But from small beginnings come great things, and we fully expect to see the casino industry putting more and more effort and money being placed in virtual reality technology. Right now we’re seeing more games coming out with the option of VR, so imagine the situation in 10 years or so.

Talk with any casino industry insider and they will tell you that they fully expect, via technology, to take the live dealer casino games to the next level. This will allow for an interactive 360 degree, fully immersive, gaming experience that can be had from any location. Technology will be able to recreate the traditional casino experience and, in so doing, bring even more gamblers to the table.

The UK gambling scene is presently very popular, and so vibrant, that we can see nothing other than a very bright future ahead for the whole casino industry.