It has been a difficult 12 months for a lot of different sectors, but one of the worst affected has been the casino industry. Millions of casinos around the world were forced to close their doors, and some have been unable to re-open for the past couple of months.
The size of the issue facing the casino industry is evident by the drop in revenue that has been recorded by one of the biggest casinos in Las Vegas. MGM Resorts reported last year that they lost $1 billion in operating costs, and the struggle only looks set to continue. Could that lead to the ever-growing online casinos becoming the trusted outlet by gamblers worldwide?
Online Casinos Continue To Flourish
The land-based casinos may be struggling at present, but there have been a growing number of people turning to online sites. A recent report by the UK Gambling Commission found that there has been an increase of 9.2% of gamblers turning to online games such as roulette over the past 12 months. There are many reasons for the popularity surging, with the most important of these reasons being down to it being the only option available for gamblers to play some of their favorite games.
The leading sites available online offer an extensive selection of games on their site, and with welcome offers also available, it isn’t much surprise that there has been a rise in the number of players online.
How Online Casinos Reward Customers
Customers are rewarded for signing up with online casinos through welcome offers. Among the welcome offers, available include the NetEnt slots with free spins. Welcome offers are truly how online casinos stand out from the land-based casinos, as the sites can offer customers something in return for them signing up. That is typically in the form of a matched bonus or free spins that new customers will be able to use on one of their favorite games.
As well as welcome bonuses, casinos online also offer bonuses that look after existing customers, with excellent VIP clubs and other weekly promotions available with the leading sites. The popularity has led to a number of new casinos being brought to market, which increases the need for an online casino to offer the best possible welcome bonus to their customers.
Will The Popularity Of Online Casinos Continue?
It is hard to see anything other than the continued popularity of online casinos. The sites are constantly evolving and adapting to the consumer’s needs, and that has been easily down with the technology developed. The next step that online casinos will be looking to make revolves around virtual reality. Integrating this technology will enable players to feel like they are in a real land-based casino, such as the ones you can find in New Jersey and Las Vegas. If this technology is effective and well-received by players, then it could be a long way back for land-based casinos and their popularity.