It’s almost a decade now since the idea about establishing an online casino has been introduced in the world wide web. And, I must say that since its debut, it has become more known and growing in popularity as casino players divert roads to the comfort of virtual gaming, online gambling.

 

But once in a while we might think why did casino owners developed casino websites to cater gambling online other than the known fact that more people around the world are relying on the internet for everyday use. There must be something that drives them to plan and establish casinos online. I don’t know what you’re thinking, but it probably smells and looks all green.

 

Well, we can say that online gambling gives a nice catch of profit. Maybe not more than what land-based casinos are actually making, since casino houses really dispatch and obtain millions of dollars each night from all the high rollers that are on the table, but still competitive enough as a business. Else, they wont obviously be planning to establish any online casino.

 

To give an idea on how promising an online casino business is, let’s take for example the recently established Caesar Casino Online, Harrah’s Interactive Entertainment, Inc.’s very own offering for online gamblers around the UK. The website is powered by Gamesys software and will provide experience of a Las Vegas casino. Harrah has already made fortunes from different areas of the gambling industry, yet here they are putting up another, providing good competition for others in the online gambling business. They’re probably much aware that online gambling is the thing for the new era where players of a land-based casino get themselves a virtual seat.

 

Another one is the 888 casino, one of the top online casino website for online gamblers. Gigi Levy, 888’s Chief Executive, recently announced that the company earned a total profit of $14.9 million pre-tax last year for just the game of bingo, not mentioning how much they earned on other games offered in their website. When you think about it really hard, a $14.9 million just in bingo, what more about the games such as roulette, slots, keno and baccarat. And oh, I intentionally delayed the mention of poker since it is only just the most popular among all games mentioned having different variations that gamblers really love to the point that no table is available when a tourney is announced. Can you now imagine the real figure that drives the land-based casino operators to the virtual field?

 

Some other online casinos announced a profit increase of over $288 million for the recent period while others claim a decrease of $21.9 million due to the American players legality issue. But we can still see a very nice profit gain more than losses.

 

Furthermore, according to a research released by the online gambling association, a $48 billion or more revenue is predicted to be reach in 2015. This must be the reason why so many online casinos were uncovered recently irregardless of the real cost of establishing and maintaining one.