What do we mean when we talk about the iGaming industry?

The iGaming industry specializes in the creation and distribution of games of chance in the online environment. These games offer the chance, if you are lucky enough, to win prizes in the form of game credit or real money. It is an economic sector with an unstoppable growth, moving large amounts of money annually. This favors the emergence of new online casinos, each with its public objective and characteristics that make it unique. In addition, online bookmakers are also very popular.

Regarding the regulation of gambling, each country has different legislation. In our country, the General Directorate for the Regulation of Gaming (DGOJ) is the institution in charge of regulating the iGaming sector.

Without a doubt, slot machines are the queens of the iGaming industry. For this reason, numerous development companies have specialized in its creation. Other games in high demand are roulette (in its different versions), blackjack and poker.

European countries with the highest acceptance of the iGaming industry are:

Spain

Despite the regulatory restriction to which the iGaming industry is subjected, the sector generates constant profits (it is estimated that an average of 200 million euros each year). In fact, since April 2020, advertising for casinos and bookmakers was removed from sporting events and expelled from prime-time television schedules. Also, the terms of the welcome bonuses were altered. However, this has not stopped the interest of the Spanish to play and place bets online.

Greece

It is estimated that the iGaming industry mobilizes even more capital than in Spain. The most popular games among Greek users are roulette and poker. The Supervision and Control Commission (E.E.E.P.) is in charge of regulating the gambling sector in this country.

Norway

The case of Norway is quite striking: despite the growing demand for places to play, there are currently only two operators in operation. Norwegian users tend to place more sports bets than to play at online casinos.

Beyond Europe

Australia

It is one of the countries where the iGaming sector has prospered the most. Thus, it is estimated that 80% of the adult population has bet at least once throughout their lives. One of the keys to its success is that the government does not charge any type of tax in case of profit.

Canada

This territory is home to around 2,100 online casinos, which generate an average of 2,640 million dollars per year (approximately 1,847 million euros per year). Online sports betting portals are also very popular among Canadian players.

USA

Continuing on the American continent, the United States is a somewhat complicated territory for the iGaming industry. The reason is that each state has its own regulation, which imposes significant limitations when it comes to enabling an online casino. However, this does not prevent a high demand from citizens. There are an estimated 214 million active online casino users today.

What favors the success of online casinos?

The fact that the iGaming industry has prospered richly and quickly is no accident. The emergence of online casinos and betting houses stems from some of their advantages over physical entertainment portals. These are the main ones:

• Extended Hours – Online casinos will remain open 24/7. In addition, most of them have customer service that works uninterruptedly.

• Possibility of playing from anywhere: the emergence of online gaming houses broke down geographical barriers. To enjoy the casino it is no longer necessary to travel. Simply connect from your computer or mobile phone using a stable and secure internet connection. In addition, many casinos allow you to play live thanks to streaming technology.

• Greater variety of games in the same casino: as they do not have physical limitations, virtual casinos have a greater number and variety of games. There are casinos that offer their customers a choice of thousands of slots.

If you want to continue learning about online casinos, do not leave our portal. Take a look at our articles to immerse yourself in the industry and start playing safely and responsibly.