Online Slots-The Fastest Growing Industry?

The world of gambling is constantly changing and this is mostly dictated by public taste and technological innovations. In fact, technology is one of the biggest drivers when it comes to gambling trends. Advances offer punters new forms of gambling that can make or break the industry. There are already plenty of niches in gambling and the digital age has created even more. It has also made gambling at kingcasino.com/slots more popular than ever and brought it to all parts of society.

The Boom Era

Some traditional forms of gambling have suffered at the hands of the growing popularity of what is offered online and the biggest victors of the digital age are video slots.

Slots have always captured the public’s imagination right back to when they were created all the way back in 1895. Even back then, the public couldn’t resist a chance to win some cash from spinning the reels. From the first electronic slot in 1963 to the online slot revolution of the digital age, this sector continues to grow rapidly. Apart from the increase in the accessibility of slots, another reason for their success is that they are enjoyable to play and offer an immersive gaming experience with the thrill of gambling thrown in for good measure.

Video Slots The Game Of Choice

Slots have advanced in leaps and bounds from their original fruit or card symbol cousins. There now are slots based on popular culture such as movies and TV shows. These games contain complex animation, sound and graphics and sophisticated bonus rounds. In fact, playing slots has now been compared to playing console games because of the advances in computer graphics. Technological advances are not the only reasons behind an increase in the number of people spinning the reels. There is more slot game choice and the entire industry has got far more accessible thanks to the internet. You can now gamble on whatever you fancy 24/7 in the comfort of your own home, anonymously.

Another fact that is fuelling the success of online slots is that it appeals to both males and females. Other forms of gambling like sports betting, continues to be a male-dominated affair. This is not the case for online slots, as 39% of players are female and this share is increasing year on year.

The Figures Tell The Story

Online slots now contribute to a major portion of the revenue that comes from gambling and this is predicted to increase further. In the UK over £2 billion in revenue can be attributed to slots and more especially online slots alone.

Final Thoughts

The UK has some of the tightest gambling controls in the world. With a ban on gambling with credit cards and the introduction of betting limits on fixed- odds betting terminals, already in place, any other regulations could end the reign of the video slot age. If betting limits are introduced online, high rollers could look elsewhere for their gambling kicks and return to land-based casinos.