Throughout the years, man has searched for all possible forms of entertainment. One of the most popular has been – and still is – gambling. Whether in physical locations, like all those in Las Vegas, or online like https://www.betfair.com.co/casino/, the casino business has shown that it has a positive impact on the global economy and that it is constantly growing.
Physical casinos have an impact on various areas: from those in charge of carrying out the preliminary studies, to those who will work as local staff, through those who build, decorate and leave it ready. Like everything in life, there are advantages and disadvantages, although the first are those that stand out due to the high economic flow in favor of the city or municipality in which it operates.
land-based casinos
Another of the great positive impacts of casinos is the amount of employment it generates. For example, can you imagine how many people work, just in Las Vegas, in the business? On the other hand, according to a study carried out in Spain, in 2018, sports betting houses and casinos generated almost 85,000 direct jobs, and some 170,000 jobs, approximately, indirectly.
online casinos
In the case of the online casino business, there is a particular issue that should be highlighted, as it ended up being the maximum springboard for its growth: the COVID-19 pandemic. In order to understand this, first, we will tell you a little about this branch of industry, which is estimated to be worth more than 150 billion dollars in 2026.
It all started with “The Gaming Club” and “Intercasino”, two online casinos that began their operations in the mid-90’s, when the Internet was taking its first steps in society.
In both cases they were web pages that allowed you to place bets and enjoy certain casino games. This definitely revolutionized the entertainment industry since, since its inception, casinos have been considered as entertainment venues par excellence in societies.
With the passing of the years and the development of technology, everything went from strength to strength for online casinos. In addition, they have many advantages, but there are two that stand out above the rest: they are available 24 hours a day, every day of the year, and it is not necessary for you to leave home – or the place where you are- because they are already optimized for computers, tablets and cell phones.
Consequences of the pandemic
As is known worldwide, the COVID-19 pandemic forced, for a considerable period of time, that people remain in isolation. In some places this was more pronounced than in others, but there was one thing in common: the need for entertainment.
Among the proposals, series and movies, board games, video games, among others, were chosen; but over time, one of the areas that was in charge of covering that need was that of online casinos.
What caused the popularity of digital gambling? Mainly to its two main strengths: availability at all times and ease of playing from home. However, there are other important reasons, such as, for example, that unlike physical places, in cyberspace there is a space that can be practically infinite, so the number – and variety – of games offered is very expands.
If we translate this into numbers, we can conclude that the casino business is a very prolific one, and that it has not yet reached its full potential. With tools that continue to be developed, users are enjoying more and more benefits and the companies behind the business continue to generate jobs and pay taxes, which contributes to the economy worldwide.
The casino business is yet another item that generates a positive impact on the economy of each of the countries in which it is present. And that, in turn, benefits the different societies, since the taxes are used to improve those who live there. Now, next time you log on to Betfair, keep in mind that you’ll be making a positive impact while having a fun time.
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