The legalization of online casinos has brought with it mixed reactions. There are those who are supporting it since this is an area, which can generate a lot of revenue. There are also who are seeing it as a threat, especially the owners of land based casinos. In spite of that, the presence of online casinos has opened up business opportunities to some investors.
Below are some of the businesses that have benefited from the online casinos presence.
This company deals with social gaming, and its opportunity has risen with the partnership it has formed with Thunder Valley Casino Resort. The casino wants to launch online games and the role of Win is to develop branded slots for Thunder Valley. These slots will part of the loyalty programs of the casino, where players will earn Thunder rewards, which can be redeemed for prizes such as meals, accommodation, and gifts.
This is an online gambling software developer based in Malta. Since it provides online casino operators with solid software, it has reached an agreement with Italian regulator to provide its services to licensed online casino operators only. This will help to curb the vice of operators who are not licensed.
World Match is targeting to do business with more Italian online casino operators who are licensed. This is in addition to the already existing clients who include major Italian online casino operators.
The company is also planning to venture to other markets such as Spain where online slot machines are also regulated.
This is also another software developer, which has got business based on online casinos. The company’s role will be to supply AsiaOnlineBet with games. It will be dealing with desktop i-gaming entertainment, 3D video slots, and faves.
TreSensa and Fortumo
The deal between these two companies will enable apps developers to have an easy way to earn their revenues. TreSensa is a game developer and provides a publishing platform while Fortumo is a mobile payments processor like Skrill. Developers of HTML5 who are also independent and who will publish their apps using TreSensa will have a way to earn revenues without additional integration.
This will benefit the mobile games developers since the area is growing and not everyone has the ability to pay for the games using a credit card.
These are just some of the companies that have benefited from the growth of online casinos and gaming. This shows that online casinos will not only provide their users with casinos at the comfort of their homes, but are also providing revenues, especially for software developing companies.
In spite of that, regulation is important to ensure that the customer is not taken advantage of and that the casinos are fair in their dealing. Due to this, various countries and States have opted to provide the legal basis under which the online casinos should operate. This will enable them to weed out illegal operators while ensuring that those operating have met the required criteria in order to be provided with licenses.
There is also the generation of revenues to the states since the casinos generate a lot of money.