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With the rise of the internet and augmented reality in social networks, we are likely to handle almost everything online, and poker games are no exception. Poker, like entrepreneurship, is a game of skill. Pay close attention to competitors and devise winning strategies. Similarly, entrepreneurship is a high-risk game where you are battling difficulties. Considering the similarities between poker and starting your own company, it's not surprising that poker professionals are drawn to the entrepreneurial life.
In a study, it pointed out that the value of the online gaming industry is as high as $116 billion, surpassing the value of television at $105 billion. Furthermore, we cannot forget that the growth of the gambling industry has exceeded 10%, while the growth of the television industry has declined by 8%.
In recent years, poker has gained increasing acceptance and popularity in the United States, the United Kingdom, and other European countries. Now, online card games are also gaining enormous attention. More and more online poker players have proven the incredible popularity of this sport in recent years.
As esports gains traction as a category, investors are capitalizing on this rapidly growing field, which is expected to provide numerous monetization opportunities. Investing in online poker games has advantages over traditional land-based games because:
Device Fragmentation: In the past two decades, online gaming has evolved into a global phenomenon. The number of online players has been steadily increasing among children and adults, demonstrating the incredible popularity of this esports in recent years. As the affordable smartphone market flourishes in the Indian market, the online gaming industry has experienced a boom. From simple games like "Candy Crush" and "Subway Surfers" that can be played casually on smartphones to Dota 2 and the counterattack of hardcore players, a new wave of mobile gaming has emerged. In terms of revenue, sub-genre games like poker dominate the leaderboard, increasing the revenue of app development companies.
Elderly Customers: The growing number of smartphone users has created a stable market for the mobile gaming industry as users are always looking for new forms of entertainment.
Lower Infrastructure Costs: Online poker games reduce the cost of purchasing casinos, which can be up to 10 times higher than the costs of online poker websites.
Larger Target Audience: Online poker games attract a global customer base, making it easy for players and sports enthusiasts who do not want to go to live casinos or do not like playing poker in casinos. This contributes to the attractiveness of esports and creates a global fan base. |
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