The success of online casinos in 2020
December 15, 2020
In 2020 the success of online casinos was, undoubtedly, huge. In Japan this growth was one of the biggest since people had to stay home during the quarantine and even nowadays, they have to. So, it’s normal that Japanese citizens are registering at online casinos very quickly with the idea of playing different type of games and winning some money and, of course, taking advantage of the online casino bonus.
If you’re a foreigner then you might not know but there are plenty of people who love to play at online casinos, especially these days when physical ones can’t be visited. From all the games that are available to be played, there’s one that distinguishes itself from all of others: Pachinko.
This is definitely the king of the casino games. Even though there was a slight decrease over the past few years, its revenue was $190 billion in 2018. This is truly a great number and even more than 10 times than the United Kingdom’s whole gaming industry put together. And this is just this game, not including the lottery or sports bets.
Why the sudden success?
2020 was a very peculiar year for the growth of the revenue of online casinos. This is due to many things but mostly to the pandemic everyone is going through. During the lockdown there was an increase on the number of people who registered at online casinos, especially to play Pachinko.
Gambling online is definitely a great thing to do since it teaches you a lot of things such as to be financially responsible, something that’s vital for someone who’s young or older. It doesn’t matter.
The gambling market in Japan
Speculators see the gambling market as both optimistic and pessimistic. There was a report done while under the covid-19 quarantine that stated that this market is expected to reach up to $647.9 billion by 2027. This report described how the pandemic affected the production and how it was an opportunity for those who want to buy between 2020-21.
Of course, the gambling market in Japan is only growing, with plenty of people that are registering at online casinos. Their excuse is Pachinko but then they play other type of games, which is something good to do. There are sports betting and even lottery, which is something that many people love to play.
This a market that won’t stop growing, especially if the pandemic doesn’t stop. So, if you want to play Pachinko or any other game then the best you do is to look for a good online casino, and there are many, and you’ll be able to have a lot of fun.
Better late than never
Japan’s culture has been definitely been modified with this new opportunity of playing at online casinos, which makes people appreciate their favorite games at the comfort of their own homes. This is surely something very good for Japanese citizens, mostly during this pandemic we’re going through. But of course, it’s not going to be always like this. But it’s likely that many citizens are going to choose to stay registered at their online casino.
This new growth of the casinos’ revenue has come in a mannerly time. Although there was never a problem with the revenue in Japan regarding their online casinos, having a growth of registered players at online casinos makes it’s perfect because that means a higher revenue for these casinos but it’s not just that. Having a bigger growth makes these casinos some of the best worldwide and in Japan too. Although in Japan gambling is considered illegal, there are some games that are possible to play such as Pachinko, it’s possible to make bets in some sports like horse racing, etc.