7 Online Casino Facts You Didn’t Know
Whether it’s spinning the reels or dealing cards, chances are, we are all here because we enjoy one thing – online gambling. Online gambling has become incredibly popular in the 21st century, and the popularity of online casinos is only going to continue to grow. The world of online gambling is often seen as one that is clouded in mystery, but that is far from the case. Join us as we take a look at seven online casino facts you didn’t know.
One in Ten
Online casinos have experienced a massive boom in the last decade, so much so that estimates predict that at any given time, 1 in 10 people on the internet are gambling. When you consider the number of people that are using the internet right now, that really is quite a mind-blowing statistic.
The Biggest Online Casino Win is Nearly $24 million
Every time we hit the spin button or get dealt a card, we dream of hitting that life-changing jackpot win. The biggest win ever recorded at an online casino was on the popular progressive jackpot title, Mega Moolah.
Anybody who has ever spent enough time at an online casino will have taken Mega Moolah for a spin. The game is one of the most iconic of all time, and its immense winning potential is a big reason for that.
The biggest win ever recorded on the slot came in April 2021 at Napoleon Sports & Casino. The lucky winner took home a staggering $23.4 million, which still stands as the biggest-ever win in the Guinness Book of Records.
Online Casinos are Nearly as Old as the Internet Itself
Online casinos have been around nearly as long as the internet itself. The first ever online casino was launched in 1994. The site was called Gaming Club and it was launched by a group of gaming providers. Needless to say, the graphics and set-up were incredibly primitive and were nothing like the slick visuals we see from online slots and games now.
85% of Americans have Gambled Once in their Life
The US market is one of the biggest markets in the gambling world, and a quick look at the numbers will tell you exactly why that is. Online gambling statistics for the country suggest that at least 85% of adults have gambled once in their life. Given the population and GDP of America, statistics like this are going to be music to the ears of online casino and betting operators around the world.
The Average Age of Online Gamblers is 30-40
The world of online gambling is incredibly diverse, with people from all warps of life taking part in the occasional punt online. However, there is one age group that enjoys this more than others. Statistics show that males aged between 30-40 are the ones that are most likely to gamble online.
Worryingly, statistics highlight that women are 33% more likely to develop gambling addictions than men. Also, those between 18-24 are more at an increased risk of problem gambling such as placing bigger bets or gambling under the influence of drugs or alcohol.
Online Slots Reign Supreme
The humble online slot game is very much the king of the online gambling world. In fact, it has long since surpassed its land-based counterpart in terms of usage. It is now estimated that 90% of all slot activities take place online. While land-based slot machines are still popular, they are totally eclipsed by online ones.
Furthermore, other statistics only suggest that this will continue to grow. A study of players’ gambling habits showed that 96% of all respondents preferred to play online slots at home, as opposed to in a casino or another physical location. With the future of virtual reality and metaverse on the horizon, these statistics are likely to continue to trend in the same direction.
4,000+ And Counting
There are currently over 4,000 online casinos available on the internet, and this number is growing by the year. In fact, the online gambling industry is one of the quickest growing in the world, and there are no signs of it slowing down.
The number of online casinos that are available has grown on average by 7% year on year since 2018 and with the development of new and exciting technology, this number is only likely to grow. What’s more, these numbers only consider the number of licensed casinos, with a huge black market of unlicensed operators providing services in some countries.
Author – Nerijus Grenda