According to the Gambling Commission industry statistics published in 2012, the number of employees across all gambling sectors were more than 114,000 in 2011. During the world economic crisis period the gambling sectors in the U.K have least suffered, and it has been as dynamic as it has never been before. The gross gaming yield of the online gambling market has been truly exceptional and has generated over £2.44 billion as revenue towards the UK GDP from Jan 2013 to Dec 2013, while the global market is making more than 21 billion a year.
The future of online gambling looks even more promising, with predictions pointing out that the mobile gambling industry is expected to be worth $100 billion by 2017, which also makes up 17% of the total gambling yield worldwide. The online casino market is the most flourishing sector where 277 remote gambling licenses were issued by the UK Gambling Commission to 200 operators, as of September 2014. Online Casinos’ such as Magical Vegas Casino have rightly taken advantage of the latest mobile technology available to put forward its large number of games to players around the world. This popular online casino is a fully responsive site that players can access through their PC, tablet or mobile. The mobile platform has encouraged new users to indulge in entertaining activities such as online gaming and in the coming years, an increased proportion of gambling revenue from online activities is expected.
As the online casino industry is booming, so is the number of people employed in this sector. According to the Gambling Commission – Industry Statistics April 2009 to March 2014, in the recent year there have been nearly 16 million players registered in online casinos and bingo sites while nearly 5 million of them were active customers. To be able to handle such a large number players and keep them entertained, the gaming sector has been actively recruiting skilled and talented employees who are willing to work in the dynamic and ever changing online casino industry.
There are more than 100,000 people working in the gambling sector and this has been of a great economic assistance during the worldwide financial crisis. The online gambling sector offer a vast number of job opportunities in various fields which include Executive Management, Casino Credits, Casino Games, Accounting/Finance, Slot Operations, Compliance, Entertainment, Research and Development, IT, Marketing, and numerous other fields.
Gambling has existed for thousands of years and today this activity has increasingly shifted from being a land based activity to being online. This fastest growing segment of the gaming industry is definitely the online gaming market. The model of the gambling industry is constantly and positively shifting as it is growing further with more countries becoming more receptive to internet based gaming, and less political and legislative restrictions are applied. This could really boast the economy by providing more employment in the overall gambling industry and it could have a positive result by bringing in more revenue.