The gambling industry has hit it’s all time low because of the global pandemic situation. The industry is expected to come down to $495.6 billion this year from a whopping $535.61 billion back in 2019. That results in a – 5% CAGR annual growth rate. A lot of countries like United States and United Kingdom are drastically affected by this virus pandemic.
However, the online gambling industry did not face drastic downfall like the land-based casinos. Why? The reason is simple – online casinos are portable and you only need internet access to play your favorite casino slot games. That is why a lot of people started playing slot machines over the web. Experts believe that online casinos can really help land-based casinos to come out of this serious situation. Land-based casinos can offer their customers brand new features that are relevant nowadays.
Land-based casinos can establish a contact with their customers even when they are away. They can allow their customers to play from their home using their own set of slots. Operators can introduce brand new elements that their customers can also use in-house. That simply means – the casinos don’t lose their customers, they are allowed to play their slots, and enjoy the benefits either online or offline.
Online gaming companies can also help land-based casinos with live stream options. This will be done from the physical venues and that will help their players to play their desired casino slots from the in-house machines directly. This will benefit both the parties. People will be able to sit in the casino parlor and bet on their favorite slots watching the live stream that the company needs to host there.
So, these are some of the best ways in which online casinos can come to the rescue of land-based casinos as they are running low.