Rise of online casinos – Why more people are playing online?

Recent years have seen a boom in online casinos. More than $92 billion will be spent on online gambling by 2022. This represents an over 11% compound annual growth rate since 2014. Several key reasons are driving this rapid adoption of online casinos:
Convenience
Online casinos offer hundreds of games instantly on computers, smartphones, and tablets. A huge advantage over brick-and-mortar casinos is 24/7 availability and portability. No more expensive and time-consuming trips to physical casinos. The ability to play in just a few clicks provides unprecedented ease of access.
Greater variety
Online casinos offer far greater game variety than land-based venues. Physical casinos have limited floor space, so only offer a fraction of the selection a typical online casino provides. Online, players choose from hundreds of slots, dozens of table games, live dealer games, and more. This diversity caters to every gaming taste. Players easily switch between slots, blackjack, roulette, video poker, and specialty games in just seconds.
Bonuses and rewards
top online casinos compete intensely for new players, which has led to very generous signup bonuses and rewards programs. The typical online casino will match a player’s first deposit 100% up to $500 or more. This free bonus money lets players try the casino risk-free. Players also earn comp points redeemable for cash bonuses and other perks. Land-based comps rarely match this value. The heightened competition online has led to much better incentives for players.
Anonymity
Many players prefer the greater anonymity of online play compared to brick-and-mortar casinos. When gambling in person, some people feel self-conscious and don’t like to be seen playing high stakes. Online, there is no one watching you gamble, which provides a higher level of comfort and privacy for some. Players avoid any stigma attached to casino gambling.
Advanced security
Leading online casinos invest heavily in security to protect player accounts and financial information. Reputable sites use 128-bit or higher SSL encryption and third-party auditing to ensure safety and fairness. Players verify a site’s certification and read audits before playing. Most experts agree playing at a licensed online casino may even be safer than giving your credit card to a physical casino cashier. The online account registration process also adds another layer of player identity checks.
Lower costs
The operational costs of running an online casino are far lower than a land-based property. Online casinos do not need to maintain expensive buildings, staff large teams of dealers, servers, and other personnel or obtain gaming licenses in each state. Their overhead costs are a fraction of a physical casino. Savings from lower operating costs are passed on to players through better odds and more player-friendly rules. For example, online blackjack pays out 3:2 on naturals compared to 6:5 common in Vegas.