Economic benefits of online casinos are likely to outweigh opposition - PowerPoint PPT Presentation

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Economic benefits of online casinos are likely to outweigh opposition


People with bad habits play casino games. Casino games require presence of mind with high level of intelligence instead of an alcoholic mind. Addicts and criminal can never get success in casino games. – PowerPoint PPT presentation

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Title: Economic benefits of online casinos are likely to outweigh opposition

Economic Benefits Of Online Casinos Are Likely To
Outweigh Opposition
During the past two decades, the online casino
industry has expanded dramatically. According to
studies done by different casino associations,
the industry has developed because it takes
everything together. For example, CMD368 casino
offers complete gambling experience that includes
lottery and betting. The study also indicates at
problem gambling that is people committing
crimes like robbery and bank frauds and lying to
family and friends to get funds for gambling. But
these people constitute around 1 of the total
gambling population. Also, it would be wrong to
blame CMD368 for bad habits because these people
take gambling as a source of income and for this
reason rely too much on casinos. Herere the
findings of studies done on expansion of casino
industry About users 1. A large number of
gamblers belong to lower to middle income group
that want to enjoy gambling but without risking
their savings. 2. Number of higher income
group people is also increasing but they are
limited only to selected casinos. 3.
Housewives also constitute a small number of
online gambling populations.
4. Young generation like college students and
management graduates are also taking interest in
online gambling. But their number is too
small. About spending 5. So far, gamblers from
lower to middle income group are spending the
largest amount on gambling activities that
include lottery and betting. 6. Housewives
come on the second number on spending. 7.
High-income group gamblers come third in spending
on casino activities. About gambling
preference 8. Casino games like poker,
baccarat, blackjack, roulette wheel and slots are
the first preference of online gamblers. 9.
Lottery comes on second because it is more like a
source of income than a game. 10. Betting on
sporting events is high only during big events
like FIFA. Time spent on gambling 11. Average
time spend on gambling is 1-2 hours everyday but
it is increases to up to 4 hours on weekends and
holidays. Employment generation Legalizing
casinos has a direct impact on employment. It is
found that countries where gambling is legalized
have higher employment (8) than those without
casinos. Tax benefits 13. Taxes from casinos
are much lower in comparison to taxes collected
from other industries but casino taxes help
governments avoid spending cuts or increasing
taxes on other areas. Impact on other
industries 14. Lottery companies registered a
steep decline in their sales after the online
casinos started expanding but they never targeted
the people that constitute a large number of
gambling population. 15. Betting on sporting
events remain largely unaffected due to its
association with sports. People that love sports
take interest in betting. 16. Online gaming
industry is facing toughest competition from
casinos. Opposition to casino expansion
17- Casinos are alleged to promote bad habits
like alcoholism and crime in society. 18.
Social organizations decry casinos for
distracting students. 19. Some casinos operate
illegally and cause losses to the tune of
millions of dollars to the governments. But the
casino industry is thriving despite opposition.
Also, the governments find the allegations
leveled against casinos are baseless. Myth
Casinos promote bad habits People with bad habits
play casino games. Casino games require presence
of mind with high level of intelligence instead
of an alcoholic mind. Addicts and criminal can
never get success in casino games. Myth Casinos
distract students There are many things that are
distracting. For example, take movies and online
content like Netflix that is more distracting
than casinos. Myth Casinos operate
illegally There are many businesses operating
illegally. But it is for the government to make
strict rules to discourage illegal
businesses. What is the most important finding of
casino studies? Online casinos take every
activity that is in anyway related to gambling
together. For example, take lottery that
registered a steep decline when the casinos start
expanding. But today lottery has become a part of
casino industry. Online casinos are working with
lottery companies to make lottery more
interesting. Availability of online tickets and
live telecast of lottery draw are some of the
ways that promote lottery. Also, gamblers can
view past results to make winning
numbers. Gamblers that are also sports fans take
interest in betting during sports seasons like
FIFA that is the biggest festival of odds judi
bola live on earth. They get betting odds on
casinos. Also, they can find tipsters on
casinos. What is the biggest strength of
casinos? The study found convenience as the
biggest factor in the expansion of kasino live
Indonesia. Online gambling is made convenient to
attract people of all income groups and
ages. Convenience of finding It is easier to
locate and access online casinos than driving
long distances to access physical facilities.
Quick accessibility attracted people to gambling.
Convenience of playing Online casinos give bonus
that is free money and it is for gambling. People
can easily find casinos and get bonus for
playing. It is dual advantage that makes online
gambling irresistible. Convenience of winning
Online casino games are tweaked to make them
customer friendly. For example, take online
permainan slots terbanyak that come with multiple
reels and tens of winning lines that increases
winning chances. Similarly, video poker is made
for those that are new to this game.
Convenience of investment For online gambling,
you need a gambling account that is like your
savings account. Bonus and winnings would be
credited to this account and gambling money would
be deducted from the account. Having a dedicated
account for gambling would make it easier to keep
tab over your spending. Which is the biggest
gainer in casino expansion? Sportsbook online
Indonesia is so far emerged as the biggest
gainer. It is so because betting is the only
activity that people of all ages and different
income groups enjoy. The number of bettors has
increased rapidly with the expansion of
casinos. What is the future of casino
expansion? Mobile casino in Indonesia is the
future of online gambling industry. In future all
casinos would be available on mobiles. A simple
mobile application would provide the real
pleasure of gambling in the most convenient
manner. Website https//
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