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article imageCould online gambling be an alternative to stock market trading?

By Andrew Moran     Feb 4, 2013 in Entertainment
Las Vegas - Since the dotcom explosion in the mid-1990s, one of the biggest success stories has been the rise of online gambling. According to various estimates, online gambling has morphed into a $30 billion industry with millions of players around the world.
Increasing from $830 million in revenues in 1998, there are thousands of websites on the Internet that offer various choices, whether it’s for money or just for fun, such as poker, bingo, sports betting, mobile gaming and much more.
When the very first online gambling website was established in 1996, InterCasino, there were more than a dozen games available. Two years later, the first bingo and poker websites were started. Nowadays, it’s easy to come across slots, blackjack, roulette, poker and other casino games on the Internet.
Despite the global economic downturn, different studies have shown that one of the few bright stories coming out of the Great Recession is the online gambling industry. According to a Viaden report, it has transformed into “a global phenomenon” over the past several years. Poker Stars, for example, had 200,000 individuals playing simultaneously.
“Online gambling has proven to be a global phenomenon. Currently, Europe appears to be the quickest expanding online gambling market. In 2009, European online gambling business operators recorded almost a 44.9% increase in the total online gaming yield,” the Viaden report stated. “The second largest market in the iGaming industry is North America followed by Asia and the Middle East. US legislation prohibits online gambling in most of its territory and is therefore experiencing a negative growth.”
GetPokerNews.com published an interesting article in 2009 that looked at how online poker, for instance, may perhaps be a better investment than stocks and the real estate market, which have suffered since the economic collapse. The report also opined that there aren’t a lot of marketable and profitable niches out there to take advantage of.
Nevertheless, online gambling may be rather intimidating to both a novice and an expert player because of the endless options on the Internet. Casino.org is an online directory that aids gambling participants find the top online casinos that are safe, secure, anti-spam, tested and trustworthy from around the world, including the United States, Canada, Australia, Great Britain, Germany and other nations.
The website publishes an in-depth list of online casinos and highlights their welcome bonuses, the percentage of payout, reviews and location. The website also features recent casino news and blog posts that give tips and useful information, like legislation and other online outlets that provide constructive and pertinent information.
Founded in 1995, Casino.org has been featured in Playboy Magazine, the Wall Street Journal, CNN, PBS, GQ and many other outlets and publication. One of the elements it has been lauded for is its “trusted expert” logo that is placed on different online casino websites to ensure visitors that it has been reviewed and ranked.
It seems visitors to Casino.org have also profited by it. The owners claim that “Our readers have won over $5.5 million by playing in online casinos recommended by Casino.org, and that number continues to grow larger every day.”
Indeed, even if you’re not quite adamant in risking your hard-earned money in a game of poker or slots or if you prefer to practice before participating in a roundtable, it offers 52 free games to try out.
Don’t worry; if you’re concerned about not being the Cincinnati Kid, Ida Summers or Edward Thorp, you’re not the only one. According to a LiveRoulette infographic, men lose about $4,000 each year and women lose nearly $3,000.
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