A variety of web-based virtual casinos have decided to increase their payouts and bonuses for new members and existing members who meet criterion during play. These bonuses range as high as $4000, although they average around $1000. Higher bonuses are being provided to secure new customers during a surging public interest in online casinos.

Online Casinos were hurt by the recession, as it affected the disposable income of many players. Although the virtual casino industry did not experience as dramatic losses as their brick and mortar counterparts, they did suffer from decreased revenue. Now that players are returning, there is a scramble among virtual casinos to take advantage of a flood of new business.

Major casinos on the web include Lucky Red, WinPalace, Club World, Slots Jungle, HighNoon, and Slots-lv. Some casinos offer smaller bonuses to new players, but generally deal with smaller wagers. Casinos with large bonuses are either established businesses or deal with higher bets and riskier odds. Because some casinos have machines that allow players to gamble $25 or more in a single spin, it is considered a major form of gambling that attracts serious players.

The average first time deposit is small, typically under $500. Casinos are motivated both by a desire to increase their customer base and to attract players who carry bigger bankrolls. Public perception of online casinos is that they are toy versions of brick and mortar casinos and more of a game and a diversion. Because of the possible stakes and the quality of software provided by virtual casinos, the owners feel they are legitimate competition for any gambling hot spot.

While most online casinos offer machines that can be played for pennies or for free, others charge whole dollars to max out a spin. Jackpots for some machines can reach thousands and tens of thousands of dollars. Because of the potential to win and loose hundreds of dollars in an evening, players should be aware they are involved in real gambling with high stakes.

Internet gambling remains a small share of the global gaming industry. It continues to grow because of the advantages of remaining at home and in a private setting. Virtual casino patrons can play at any time and without the additional cost of commuting. Because stakes can be as low as pennies, online gaming can provide hours of entertainment that is no more expensive than a new game or watching paid programming.

The virtual gaming industry was worth $21 billion in 2008. This is small compared to the total value of legal gambling, which is estimated to be worth over $340 billion. Growing virtual casinos are willing to offer increased bonuses to seize a greater share of the industry. For the gamer, it means a larger potential payout as well as the chance to enjoy games longer without financial risk.


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