Though online and mobile casinos’ profits are continuing to rise, the rumours surrounding the improving economy have seen many abandoned casino building projects starting back up again.
A continuing trend from 2012 and going into 2013 was that online and mobile casinos are seeing an upward profit, whereas traditional casinos are experiencing a slump.
The main reason is obviously the effect the recession had on the gambling industry, as with any other – that people don’t have as much money to spend anymore.
However, interestingly this isn’t the only reason, or even the main reason if we consider how well the lottery, book makers and mobile casinos are doing in the current market. Revenue for internet gambling is at an all time high, so why are people more enthusiastic about enjoying a game online rather than at their local casino?
The first and main reason is for comfort and security. Though players were suspicious of the safety of dealing with money online, now advanced security technology means people are more trusting of the web. Moreover, playing online obviously means it’s completely unnecessary to toddle down to your local casino if you fancy a spin, as with the launch of mobile casinos, a quick gamble is at the convenience of your finger tips.
However, many abandoned casino building projects in recent months have been taken back up again. The Leeds ‘Super Casino’ that’s been edging slowly towards a decision for 6 years is finally starting to pick up speed again thanks to an optimistic future for the economy. At the beginning of this month, it was also announced that there will be a new Aspers Casino opening in Milton Keynes Xscape centre in September 2013.
Whether the brick and mortar casino industry is being too optimistic about the UK’s economic future, or whether the industry is genuinely picking up, it’s hard to say. People will always be fond of the traditional casino for a special event, but online casinos are proving to be the nation’s favourite go-to-gamble.
