The gaming industry has grown exponentially; in 2018 alone, it generated over €2 billion ($2.3 billion USD) in revenue¡ªmore than a double of what it did during 2017¡¯s entire year-long period.
But younger bettors don¡¯t use bookies. They want to be on their phones, and sports gaming companies know that. Their business survival practically depends on engaging with people ages 21 to 30, gaining them as customers, and keeping them coming back.
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And gaming companies are hoping sports betting will lead younger audiences to play online games like slots, blackjack, poker, and other traditional casino products, where the margins are much higher for the house.
Likewise, they tried to select online casinos which offer live games, often with dealers. They want you to have the thrill of a real casino when you enter the game, and they believe live gaming is an absolute favorite among players.
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She highlighted other possible issues: How could the commission ensure players get any money left in their accounts returned? What would happen if an operator is shut down before the outcome of a bet it accepted is known? Should companies be required to put up a bond to ensure they can pay out all wagers if they don't secure a final license?
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