Further growth for online casinos predicted
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Wednesday, 27 February 2008
Further growth for online casinos predicted

27 Jul 2004

Further growth for online casinos predictedManu Gambhir the CEO of Kismet International, the company which
operates the Harrods online casino, last week stated predictions
that online casinos are bound to increase their stake in the entire
gambling industry even more in the future. Gambhir believes that
the fact of better odds, when taken into account with the
increasingly efficient security measure being employed by online
casinos, will result in punters inevitably moving in increasing
numbers to the online options available.The lower costs of overheads for online gambling operators
allows them to consistently offer punters better odds and
promotions, which is one of the key reasons for the significant
growth online operators have enjoyed recently. Gambhir offered the
following example to highlight this fact: 'At Harrods Casino we are
happy to offer La Partage rule in our Roulette whereby, if zero
comes up, we will refund half the player's money, cutting the
casino's advantage in half, from 2.7% to 1.35%. Smart gamblers will
take this bet every time versus roulette that doesn't offer this
rule. It has a dramatic effect on payouts, in line with our policy
of offering gamblers the best games and best odds. We recently paid
out a record 40,000 to one of our lucky Single Deck Blackjack
customers - the most favourable game for punters anywhere.Gambhir also believes that improvements being made in security
measures utilised by online casinos and betting exchanges, are also
putting to rest the fear that punters traditionally have held about
performing financial transactions on the web. As Gambhir puts it,
but it is not just about better odds; online gamblers need to feel
secure about their stakes and winnings. At Harrods Casino Online
they are playing in an environment that they can trust with proven
excellent customer service.Gambhir concluded his statements by asserting that the
developments made by online casinos has now put the industry in an
enviable position- one of great potential growth. As he puts it,
Online casinos have really come of age. Like the phenomenal success
of betting exchanges, online casinos have put the fun and the odds
back in favour of the afficionado gambler.







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