Gambling Industry is Thriving

Published June 8, 2006 by OCR Editor

Gambling Industry is Thriving

The industry is booming like never before and the sites are taking extra measures in order to keep up with the growing popularity of the industry. 2006 is showing all the signs that it is going to be a bumper year, as 2005 was.

Recent reports by leading financial analysts have shown that the industry is growing at a tremendous pace, every day. More and more players sign up to gambling sites on a daily basis and the business is growing by over 8% per annum on a general scale, with some sites even boasting numbers of 25-50% growth.

As internet and interactive gambling sites flourish, the analysts say that the industry is moving into the mainstream of society. The industry has become a totally independent sector of the gambling industry in as little as ten years, with technology being developed especially for the industry, as well as conferences and conventions being held almost every month. The technology developers have a hard time keeping up with the demands of the thousands of sites requiring updated games on a continual basis.

As thousands new bettors flood the sites on a daily basis, competition is fierce. Gambling sites are upping their opening bonuses and signup specials to make sure that the new bettors choose their sites over others. Jackpot prizes are also being increased and several sites are now offering millions of dollars as the standard jackpot prize.

See also

SBC Digital Summit: Look For Online Gambling Expansion Post-COVID-19

New Jersey Online Gambling News Round-Up

Online Gambling Comes of Age

New Jersey Online Gambling Operators Set Record in July

Greek Online Betting Breaks Revenue Records After 2018 World Cup


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