"Traditional Gambling Making Way for Online Boom"
While the online gambling industry is still relatively
small in comparison to traditional gambling (traditional bricks and
mortar casinos) and to the National Lottery, the industry is growing
quite rapidly and holds great potential for even more growth. In addition
to the tremendous popularity of Texas Hold’em poker, which has
dramatically fueled the rising interest in online gambling, the recent
deregulation of gambling laws in the United Kingdom is also expected
to encourage growth in this industry.
According to ORC GamblerTrack, an annual study carried out by research
consultancy ORC International, online gambling rose by 46 percent last
year whereas all forms of traditional gambling, such as telephone, shops,
casinos and on-course betting saw a significant decline last year. ORC
suggests that the decline is a result of the overall improved Internet
access and the rise in online gambling.
In an effort to capture an even greater customer base, and, in particular,
higher income groups, online gambling businesses are increasing their
marketing investments in advertising, brand building, and customer loyalty
strategies. And, even though there has been a steady decline in the number
of people gambling over the years, sixty percent of the population in
the United Kingdom still participates in some form of gambling. This
participation adds up to an annual sales figure of 42 billion pounds.
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