Gambling, in one form or another, has been a part of human history. Gambling itself is just a play of mathematical probabilities, but earning a livelihood by gambling is an art. This art is constantly appreciated and discussed. This is why some of the greatest movies to date were based on gambling. With the increase in popularity of the internet, an increase in online gambling is also observed. Online casinos provide you with the luxury of earning cash without having to leave the comfort of your house.
Gambling alone strengthens the economy of a country. All developed countries make it to the top 10 gambling countries list. Canada, with a GDP of roughly $1800 billion, currently ranks at number 4.
Erik King, an expert on online gambling, claims that the gambling interest in Canada will double in the next five years. Erik stepped into this industry in 2011. Eager to learn about online gambling, he worked with an online casino operator for a while. After getting a grip on the concepts of online gambling, he stepped into affiliate marketing and worked on several affiliate projects. His experience resulted in Zamsino, one of the most successful affiliate brands out there.
Eric King is currently working as an affiliate marketer for Gambla.com, an affiliate casino company that started from Canada but is not starting to expand globally.
The reasons behind an increased interest
The gambling industry in Canada always had a consistent growth rate. The growth in revenue generated from gambling is mainly due to a shift towards online gambling. A huge population is interested in earning and making a livelihood out of gambling. The following factors come into play when it comes to gambling:
With the ease in accessibility of the internet, affiliate marketing has become very common. Affiliate programs benefit players as well as online casinos. Online casinos provide a hand full of cash in return for players. Players benefit from other players and the guidance provided by affiliate programs. This guidance makes the process of earning cash easier. Affiliate programs bring forth legitimate online casinos and free benefits such as free spins. Affiliate programs also provide a platform for the players, where they share viable information with other players, such as tricks and target casinos. Thus, this attributes to the inclination towards online gambling, as it is easier to develop a community there.
Canada, after the US, is one of the few countries with legalized online gambling as well as legalized affiliate marketing. Online gambling was legalized in 2012, which caused rapid growth in online gambling. Newcomers still question whether online gambling is legal or not. As several illegal casinos still exist, players are always hesitant in investing without any assurance.
Here, affiliate programs play a huge role. Affiliate programs connect legal casinos with players. Legalizing an act also normalizes its reputation in society. This factor also indicates the ease with which people accept legal acts. Thus, an increase in the growth was seen right after the legalization of online casinos.
Technology and online cash
Technology is the backbone of online gambling. Online gambling started from internet cafes and gigantic personal computers. But the change and advancement in technology have also changed the online gambling style. People now prefer their mobiles to personal computers and laptops. This has forced online casinos to introduce mobile optimised versions of their websites. Several online casinos have developed their android applications as well. This portrays ease for all players; thus, a huge number of players have entered this industry.
Non-cash payments or cryptocurrencies such as the bitcoin are slowly taking over this industry. There is a significant amount of online bitcoin casinos in Canada. Bitcoins save players from the hassle of handling bank processes as they are saved in and used from one place only. This makes the entire process smooth. Thus, the value of bitcoin, along with the ease of transferring and winning, are major factors contributing to the growth of the online gambling sector.
As Erik claims a future of growth in online gambling interests, Canada is expected to earn significant revenue from online gambling only. Ontario currently leads in earning economic benefits from online gambling. British Columbia, Quebec, and Alberta then come in the line. This growth is attributed to the public interest and investors and has also encouraged giant names from the investors' industry to enter into this industry, which promises future returns.
All blog materials created and developed by the staff here at High Level Games