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2 Analysts Predict Online Gambling Boom in Current Economic Climate Author: Amy T. According to various analysts, the current economic climate seems to be sparking rapid growth in the online gambling industry as governments in need of more tax revenue start to remove bans and tax the resultant surge in bets. Our experience in the online gambling industry and our capacity for innovation have turned Casino Boombet casino into your best option. Boom Bang Casino is an online casino where members can play games ranging from video slots, to table games and card games. Members can enjoy titles from multiple gaming providers which include NetEnt, Microgaming, Betsoft, Pragmatic Play, Rabcat and Oryx Gaming. The motto of Booming Games is to ‘inject some boom into your online casino’. The ongoing aim of this provider is to offer casinos with bold, well designed modern video slots that grab players’ attention and are great fun to play. Booming Games was set up in 2014 and is based on the Isle of Man.

There’s a Great American OnlineCasino Boom coming soon to fun-loving mobile gamblers in the United States of America.

Right now the US is in the middle of a great sports betting expansion with the majority of states legalizing sports betting and moving into legal online sports betting for people located within their states.

For now, just a handful of American States of passed regulations of online casinos.

Boom

But the gambling numbers speak for themselves…

The BIG MONEY is with onlinecasino games and mostly with online slot machines.

So the Great American OnlineCasino Boom that I’m referring to and predicting is going the be the next waves of online gaming regulations for American online gamblers in the United States.

First you will notice a couple of states regulating online casinos. Their numbers will shine bright so more states will follow them with regulating internet casino sites for people in their states.

Finally, after a period of another 5-10 years we’ll get hit with the biggest and final waves of the Great American OnlineCasino Boom will come after the rising USA online gambling storm has brought in all the swells that come with each round of state internet gambling regulations getting passed.

Thee biggest and final wave of the Great American OnlineCasino Boom is when the United States Federal Government passes regulations legalizing and regulating online casinos on a national level for all Americans and people in the USA.

I’m estimating federal USA onlinecasino regulation will most likely happen, if it occurs ever, sometime between 2025-2030.

I’m this final wave theory is created & estimated based on my twenty years of experience working full time as an iGaming industry leading affiliate marketing casinos online since 2001.

Because of all of this, I think online gambling stocks will likely see far above average market returns over the next decade. I’m not currently owning any gaming stocks or publicly traded gambling companies for full disclosure purposes.

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Always remember to play games responsibly!

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Web searches and traffic to illegal online casinos surged during the depth of Australia’s COVID-19 lockdown, despite the government regulator’s “whack-a-mole” attempt to block unlicensed offshore gambling websites.

Headset

Exclusive online traffic data provided by analytics firm SEMrush shows the number of web searches within Australia for “onlinepokies” jumped from 12,100 in February to 40,500 in April, as the pandemic forced pubs, clubs and legal casinos to close their doors.

Traffic from Australia to one of the most popular and widely promoted online casinos, JokaRoom, almost doubled from 606,407 visits in February to 1.2 million visits in April, SEMrush’s data shows.

Search requests for the term “onlinecasino Australia real money” jumped almost 540 per cent, while searches for “Australian onlinecasino reviews” grew ten-fold.

The Australian Communications and Media Authority has ordered internet service providers to block 52 illegal onlinecasino websites since it gained the power to do so in November, and warned that the websites frequently defraud users while offering few if any harm minimisation measures.

An ACMA spokesman said the regulator was aware illegal sites were still targeting Australians and that it would continue to block sites while running a public education campaign warning users of the risk they’ll never get back the money they deposit.

Industry statistics showed that the amount Australians gambled on offshore sites had been falling before COVID-19, the spokesman said.

The federal government estimated last year that Australians lost up to $400 million annually on illegal gambling sites, depriving states of around $100 million in tax revenue had that money been lost with legal on-shore operators. Australians lost $25 billion gambling in 2018 with just over half of that on poker machines.

Alex Russell, a gambling researcher at Central Queensland University, said he had expected a spike in online gambling as poker machine venues shut, with onlinecasino games more attractive than sports betting or lotteries to gamblers who were used to high-speed slot games.

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“Gambling is an addiction… so having that taken away from you overnight is a big deal, so they’re going to look for something else,” he said.

Dr Russell said the more reputable casino websites appeared to be playing by the rules and blocking Australians, which left the “dodgy ones” who were “really quite happy to disappear and take your money“.

Monash University gambling and public health expert Charles Livingstone said trying to shut down illegal gaming websites was like playing “whack-a-mole” as new websites sprang up whenever one was blocked.

Professor Livingstone also expected increased spending on online gambling during the COVID-19 lockdown, but said his own yet-to-be published research did not suggest that illegal casino sites were a major driver of that.

It is not illegal to playonlinecasino games in Australia but it is illegal for websites to provide that service. Some countries, including New Zealand, licence and regulate onlinecasino gambling.

Research by the Australian Institute of Criminology shows that the total number of people gambling online declined in March and April this year, but those who were gambling spent more.

Casino Boom Online Virtual Headset

The survey of 1000 people found 33 per cent said they had gambled more online in April compared to the start of the year. One in five said they were playing onlinecasino games, card games and pokies more often in April than at the start of the year.

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Business reporter at The Age and Sydney Morning Herald.