A study by the Las vegas Convention and Visitors Authority recently reported that per person gambling in Vegas was down by ltobet $16 on average in 2010 over 2009, with gamblers wagering lower amounts on slots, craps, and blackjack. The amount of time spent gambling per person in casinos also dropped in 2010 over 2009, from 3. 2 hours per day to less than 3 hours per day.
While part of this may be due to other attractions that Las vegas now promotes, including sightseeing and shopping, many experts attribute the drop in per person gambling to the prevalence of online casinos. Even tourists love online casinos because of the convenience, bonuses, and frequent online promotions.
In most US online casinos, slots are the most popular game, and this is the case around the world. But other games experience surges in popularity. For example, craps is experiencing newfound popularity, particularly in UK web casinos. Considered one of the “classic” casino games, craps can nonetheless prove intimidating for the newcomer in a live casino. But web casinos offer the thrill without the intimidation factor, and many of them offer bonuses.
The same is true of many casino games. As another example, many people are a bit intimidated by the game of baccarat, because of its association with high rollers and the fact that in many land casinos it takes place in rooms closed off from the rest of the casino. But in reality, few games are any easier to play than baccarat, and the outcome is solely based on chance. Playing the game online allows people to try it out, and they don’t have to be high rollers to do so. Once they try it they find that it’s easy, and that house edges are quite low with baccarat.
Online wagering can be credited with boosting the popularity of old and new games, including games played live, like the many variations of poker. And particularly in Europe, web casinos are consistently gaining in legitimacy and popularity, becoming more profitable with each year. In fact, some of the larger web casino operators are starting to hammer out sponsorship deals with European sports teams, a sure sign that the industry has “arrived. ”
But there is little chance that web-based gambling will stamp out live gambling at USA casinos or elsewhere. Particularly in cities like Las vegas, with its many tourist attractions, live gambling is sure to remain popular. In fact, live gambling stands to gain from its online incarnation, as more people around the world discover games that they love.
Casinos online have thrived as economic conditions curtail vacations and last-minute weekend getaways, because they allow people to enjoy their favorite games at their convenience, without the expenses of travel and lodging. Chances are it will continue to go from strength to strength even as economic conditions improve and discretionary income levels rise.
To ensure that their guests have an enjoyable experience, online casinos rely on gaming software to power their selection of games. This software is developed by third-party software companies like Playtech, Rival Gaming, Cryptologic, Vegas Technology, and Realtime Gaming, who are the “big five” in web casino software.
Software developers have to create online casino games that look and sound as much like the games in land casinos as possible. The games must also function reliably, and they must be fair and honest. Internet gambling sites typically sign multi-year licenses with software developers, and the developer is required to maintain and upgrade the games and is usually required to introduce new games periodically.
Downloadable games require you to download the game onto your own computer. While there is a time factor involved in the download depending on the type of internet connection you have, downloadable software generally has better quality graphics and are more stable. There are large numbers of downloadable games to choose from.
Game apps for mobile devices like smart phones are the newest type of games that online casinos are getting into. These allow people to gamble from pretty much anywhere, freeing them from having to have a fixed internet connection in order to play.
The software and online gambling industries are currently undergoing a period of consolidation, with many mergers and acquisitions taking place. Casinos say that this will improve the player experience and make for bigger jackpots. In one case, one of the casino software giants, Playtech, is getting into the casino business itself, by purchasing Intelligent Gaming Solutions Ltd., a UK casino management systems company.
Playtech is an extremely successful casino online software company, experiencing gains of 26% in revenue in 2010 versus 2009. They recently introduced a number of very popular slots games, including Ironman 2 Slots, which looks like it will become iconic in the online slots world. They have also begun developing online sports betting software.