BUCHAREST, ROMANIA / ACCESSWIRE / October 25, 2017 / Prior to the advent of the internet, gambling was almost exclusively relegated to brick and mortar casinos, sportsbooks, race tracks, and in some cases, bookies. While these outlets still retain a strong presence in the betting world, online gaming has consistently been on the rise since the 1990s, with no signs of slowing over the next decade. SuperBet executive and gaming industry expert Augusta Dragic examines the factors behind the the rapid expansion of the global betting market, which center around a combination of broadening demographics, convenience, increased security, and widespread legalization on a global scale.
Although the growth of online gaming has been on an upward trend from the beginning, the last several years have seen a sharp uptick. From 2009 to 2013, the average compound annual growth rate of the internet gambling market was a high 10 percent at 9.4 percent, and it is predicted to attain a bigger growth rate averaging around 10.6 percent from 2014 to 2018. This increase can be seen in correlation with the widening of demographics, expanding to include both women and older age groups, a drastic change from when younger men dominated the user field. The ease of access to mobile gaming platform versions via smartphones and tablets has been a key driver as well, according to U.K. Gambling Commission programme director James Green. "Our latest statistics show that with the growth in online gambling, the industry is increasingly taking a creative approach to using technology to engage consumers," Green stated in the country's annual report.
Augusta Dragic makes the distinction that none of this is possible without several rounds of recent legislation. The last decade has been a witness to stark changes in the attitudes of European governments towards gambling, with many nation-states now having entered the fray by implementing gaming regulations, or are currently in the process of doing so. The introduction of legalized betting on the internet, combined with the abandoning of certain country's former monopolies in many jurisdictions, has led to a surge of business opportunities benefitting their respective economies. Governing bodies formally overseeing these entities has resulted in improved security measures and technologies as well, making customers more comfortable with spending their money, hence increasing their participation with various web-based casinos and sportsbooks. These trends will continue on over the next decade as more nations allow access to an exciting and expanding industry.
Augusta Dragic is a senior executive at SuperBet, the leading retail betting & gaming company in Romania. She is part of a team that manages over 600 shops across the country, alongside an online platform that went into operation in 2016. SuperBet is known for offering generous bonuses that climb as high as 55% in value, along with a variety of products and opportunities for players of all skill levels. Since opening in 2009, Augusta has helped build up a workforce of over 2,000 staff members, all of whom are committed to ongoing expansion, with the goal of eventually becoming the number one sports wagering & gaming company in Central and South East Europe.
Augusta Dragic - HR Director at Superbet: http://augustadragicnews.com
Augusta Dragic - Discusses Using Digital Currency for Online Betting: https://finance.yahoo.com/news/augusta-dragic-discusses-using-digital-031000634.html
Augusta Dragic - Discusses the Rise in Popularity of Online Gaming for Women: https://finance.yahoo.com/news/augusta-dragic-discusses-rise-popularity-210100304.html
SOURCE: Augusta Dragic