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Online Casino trade outsmarts brick-and-mortar establishments

2016-08-30 10:42:49

This trend is evidenced by the increase in annual revenues of online casinos, from 7.4 to 37.6 billion dollars, within a mere ten years, from 2003 to 2013. These figures are set to grow for the foreseeable future. Mobile technology adds a further revenue stream to the sector, which is thriving due to relatively low costs.

This shift from brick-and-mortar gambling to online casinos has made itself felt in cities renowned for their casinos – even in Las Vegas. Donald Trump’s casino chain filed for insolvency in 2014. Both Atlantic City and Macau casinos have been struggling for survival over the past years.