The online gambling industry has seen an increase in mergers and acquisitions in recent years. Just recently, Net Gaming has finalized its acquisition of online casino and bingo operator Max Free Bets. Net Gaming will pay an initial consideration of €1.6m, with a maximum additional consideration of €0.6m based on the performance of the business over the next 12 months.
Net Gaming’s business idea is to invest in fast-growing iGaming companies primarily within lead generation. Net Gaming’s strategy for value creation is to build on the acquired company’s identity and corporate culture and to act as a catalyst for change and growth. This betting acquisition by Net Gaming will definitely broaden the corporate’s community and result in its even additional growth, which is considered one of its most essential enterprise targets. Max Free Bets and Net Gaming are now bringing you more casino offers and becoming one of the UK’s best websites for online gambling bonuses
2019 has been a particularly important year for the global betting/gambling sectors with some meaningful acquisitions taking place.
Online Popularity Increased
The global gambling market size reached a value of nearly $449.3 billion in 2018, having grown at a compound annual growth rate (CAGR) of 4.1% since 2014, and is expected to grow at a CAGR of 5.9% to nearly $565.4 billion by 2022. Almost all of the growth happened online, with consumers increasingly opting to gamble on mobile devices.
Every year, more people go online in search of entertainment they used to access in other ways, gambling is no exception and is just another activity that no longer requires a trip outside one’s residence. Today, gamblers can play blackjack, poker, slots, roulette, and any other game of chance from the comfort of their own homes.
The Appealing Elements of Online Gambling
The number one online Casino benefit and the main reason that people start playing at online casinos in the first place is convenience. With the internet, Casino lovers everything can now gamble from their own homes no matter what time of day it might be.
Casino bonuses are being introduced to attract the players to online gaming. Remember that online casino is a highly competitive venture and so you have to look for some of the best strategies to attract masses of customers or players.
Loyalty points can be an extremely useful online Casino benefit, as they reward players not for the amount they win, but for their loyalty to that site. This means that when you play at an online casino, even if you’re on a losing streak, you will still be accumulating loyalty points that can later be used to buy Casino credits or to win prizes.
A land-based Casino will only accept a limited number of payment methods for players to purchase chips (usual cash), an online Casino benefits from being able to accept a huge range of payment options.
Despite many land-based Casinos being incredibly large and offering a great range of games to play, ultimately they are still limited by their size. One of the biggest online Casino benefits, on the other hand, is that without a limit to the capacity, the game selection is bigger and better than at any land-based Casino.
Finally, there’s one crucial thing about online gambling that we need to point out — it’s online. This means that not only can you play casino games from your house; you can play them from anywhere you want. In this day and age, most online casinos have a mobile platform as well. Meaning that the only thing that can separate you from your favorite game is the lack of WiFi. And even if you disregard all other benefits of playing in online casinos, this one leaves no reason to play at a physical casino ever again.
