How Live Casino Games Are Revolutionizing the Online Gambling Industry
Thanks to the widespread availability of high-speed internet and the technological advances which make them possible, online casinos have taken the gambling industry by storm. Indeed, the sector was valued at a whopping $53.7 billion in 2019 and is projected to enjoy a compound annual growth rate (CAGR) of 11.5% until at least 2027.
But just as online casinos disrupted the gambling industry, live games are now doing the same to them. Featuring real dealers and fellow players with whom punters can play in real-time, this new form of gambling surely represents the future of the sector. But what about them makes live casino games so special? Read on to find out.
For many people, the opportunity to win some money is only a small part of the attraction of gambling. Visiting a casino and sitting down at a table, opposite a real-life croupier who deals cards to you and alongside fellow gamblers or rivals, is half the fun. With live casino games, that aspect of the experience is replicated as closely as possible – without actually leaving the comfort of your own home. Therefore, players can mimic the casino experience with none of the normal expense or inconvenience.
Any visitor to a reputable online casino site like Comeon live casino can take part in their favorite gambling activity overseen by a professionally trained dealer or croupier. This means that they are free to ask questions about how the game works, expanding their knowledge of its rules and picking up information that can inform their strategy going forwards. That kind of educational potential is simply not present in normal online casino games.
Another huge draw of visiting a casino for many players is the social element. Of course, there are certain games – such as slots, for example – which are an altogether more solitary experience, but a significant part of the excitement when playing poker, blackjack or roulette revolves around chatting to your fellow gamblers and striking up friendly rivalries or rapports. Since most live casino games offer a chat function, you can get to know the other visitors to the site in between hands, spins or rounds, adding another string to the bow of live casino games.
According to research conducted by Statista, there were more than one million workers employed by the gambling industry in 2020 at over 4,800 land-based establishments worldwide. That means the casino business is a big provider of employment and stimulus to local economies – but the rise of online gambling threatened to upset that arrangement. Thanks to live casino games, the croupiers and dealers who once practiced their art in a brick-and-mortar setting can still do the same – but now, they work via the miracles of modern technology.
Have you tried your hand at live casino games such as baccarat, blackjack, poker or roulette? The realism, social interaction and educational opportunities of the experience far surpass that which is offered by traditional online casino games, while live casino also provides employment opportunities for countless industry professionals, as well.