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The Uncertain Future of Online Gambling

by Jason Smith

The Uncertain Future of Online Gambling

Online gambling has increased in popularity exponentially since its inception, and the number of changes it has gone through throughout its lifespan is far too numerous to count. Moreover, while the online gambling industry has undoubtedly seen its fair share of success, there are more than a few hurdles it is going to have to jump over if it wants to survive in the long term, and this is precisely what we are going to be talking about today.

In this article, we will be taking a look at the uncertain future of the online gambling industry, as well as talking about a few of the obstacles it is going to have to overcome if it wants to stay afloat in the long run. 

Awareness About Gambling Is Improving

One of the main factors that puts the future of online gambling in question is the growing awareness about gambling. Looking at these gambling statistics we can make an assumption that people just do not see gambling in all too positive of a light, with the vast majority of people stating that spending fifty pounds on gambling is too much.

This puts the gambling industry in a peculiar position. Unlike other services, gambling establishments are not permitted to advertise their services in a positive light by showing that their services are able to give positive emotion, and this is a tactic that is widely used and shown to increase user engagement significantly.

This means that not only are people spending less on gambling, but they are also much less likely to start gambling if they weren’t into the hobby already, and this concoction is a recipe for disaster for the gambling industry. Gambling has changed since times past, and unless the industry is able to come up with a solution to the multiple problems they face, it is likely that there are going to be some turbulent seas ahead.

The Crackdown On Gambling Laws & Regulations

On top of just the growing disdain for gambling, there is also another area where this industry is being bombarded; legislation. There has been a crackdown on gambling as of late with governments and leaders agreeing that something has to be done to reduce the negative aspects of gambling, and this is why there has been a myriad of laws put in place to choke the industry into submission.

We have all heard about the problems with video game loot boxes and other frivolous tactics – people are just not going to stand for stunts like this anymore, and these methods are now outlawed in most countries.

All-in-all, online gambling has always been a divisive subject, and there is never likely going to be a time where the industry can enjoy a semblance of safety/consistency. There is no easy way to tackle this problem; banning online gambling outright comes with its own set of problems, and both routes have their positives and negatives.

We cannot say for sure what the future of online gambling holds in store – it may transform into something else entirely, or it could even be outlawed across the vast majority of the world. Catch you in the next one.

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