Imagine being able to play casino games on the go. That is what live casinos let you do. They let you play classic casino games when you are on the way to work, or on your way back from work. You can just sit in the comfort of your room and play your heart out only because of this casino. A few years back, this concept wouldn’t have been possible because all we had was land-based casinos. In that case, you had to drive and visit the casino, play by the rules, and then again drive back home. Which one would you prefer? Obviously, the first one! It provides you with the same sound effects, ambience, and games without forcing you to get out of your comfort zone. Now let’s check out how the online casino evolved with time from a niche product to mainstream success.
Evolution Gaming is a leading supplier and is also a listed entry in Stockholm. This company has repeatedly brought forth various statements that showed the pace of growth of the live casinos.
As per the annual report of 2016, the value of total operating revenues increased from €31.3m to €115m in the last financial year. Martin Carlesund, the Chief Executive, reported that product enhancements, new licenses, new market regulations, and incremental growth led to the increase in revenues of the live casino.
The growth has even continued in the year 2017. EBITDA brought forth profits of over €19.2m and Q2 had profits for over €42.3m in 2017. The figures calculated in the year 2016 also proved the continued and growing significance of casino products throughout the world, especially in the United States. Paul Leyland, an analyst and the founding partner of Regulus Partners, said that most of Evolution’s revenues come from mobile channels. That’s because people tend to prefer live casinos more than they would ever do in case of land-based casinos.
Not everyone is always in the right mood to actually spend money on gas and travel to the land-based casinos to gamble a little and make some money. At times, you may want to just play in the comfort of your home without ditching your daily activities. That is when the concept of online casinos comes into play. No wonder that online casinos have gained such a huge momentum amidst gamblers all around the world.
There was a time when the online casinos were all about playing some teeny-weeny games on the mobile phone and enjoy on the go. Now, with the advent of time, the demands of people in regards to the casino have changed considerably. Now players want to sit down at a real gambling table, connect with as human dealers and play with actual cards. But, they want to do so from the comfort zone of their homes.
Developers have worked really hard to build the games as per player requirements and instructions. The players seem to be too happy with the game developers so far. The games have also matched pace with the 4G and Wi-Fi hotspot networks effectively.
The live casinos have put a step forward with the advent of on-premise studios. The director of the Hippodrome Casino in London had also said that this new system embraced by these casinos had gained too much popularity among its clients.
He also added that his customers are intrigued by the cameras and in turn, feel confident to play in such an energetic ambience. Most importantly, people tend to love this version of this game since it comes from a trusted source and reminds them of an environment that they have been to physically.
All in all, it is quite obvious that live casinos have already started dominating the market, and it stands as a tough competition to the land-based casinos. Technology has also brought forth a slew of new rules and features for people to play at the online casinos. Make sure you abide by all of them to steer clear of the penalty.
Posted On: 19/09/2019
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