Gambling on Smartphones Expected to Grow in the Next Several Years

While the title of this article might make it sound as though gambling on smartphones is not all that prevalent just yet, it is. The focus here is on just how much it’s expected to grow in the next few years.

Believe it or not, in just three short years -by 2020- the number of smartphones in the world is expected to double to 6.1 billion. That means about 70 percent of the world’s population is anticipated to have a smartphone by that time.

That Means More Access to Gaming

While the online gaming industry has been growing in leaps and bounds in recent years, that trend is only expected to continue, possibly at an even steeper trajectory as we move through the end of this decade. That’s because with the advent of easy to use online gaming apps and other methods, more people have begun to discover the relative ease in logging on, opening an app, and being met with a semi-realistic casino world.

Whether it’s for betting on sports and other activities, hitting the slots, or finding one’s favorite casino gaming tables, online gaming is booming. And with better graphics, improved usability, and more user friendly content, millions of people are being drawn to this form of entertainment. Having a great site to help people find the best online casinos is great as well, as it will drive more traffic. Businesses like www.bestonlinecasino.uk is one such website.

The Numbers from 2016

To put things into a bit of perspective here, in 2016, $550 billion (US) was bet online. That’s larger than the GDP (gross domestic product) of many countries around the world. It’s a staggering number that has only been going up in recent years.

In fact, according to Juniper Research, that number is expected to double by 2021. That’s $1.1 trillion is anticipated online bets.

What Does This Mean for the Industry?

Essentially, it means that any casino or gaming industry that doesn’t see smartphones as being all that important to their future business success, and that isn’t investing resources into building a more formidable online business model, is asking to be left behind.

If twice as many people will own and use smartphones in just three years, and if only a fraction of those users are interested in online gaming, that’s still a major boost to the gaming industry.

In reality, though, as more people begin to understand the power of online gaming, that it can offer the thrill of an actual casino or track betting experience, for example, they will begin to explore. When they explore, they’ll be seeking out the best casinos with the best graphics, that are user friendly, and that provide the best odds of winning.

People in today’s society are thrilled with the prospect of winning big money, whether it’s in the lottery or at the track or at a casino. Bringing that thrill right to their pocket, home, business, or wherever they are is only going to lead to greater numbers for the online gaming industry.

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