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The Impact of Online Gambling on Job Creation and Employment

26 May 2023 11:01, UTC

Some folks may say that online casino sites are just there to make money. However, websites like https://vulkanvegas.com/hu also distribute money, not in terms of prizes but in the form of employment. Yes, these companies employ many people, and they have an impact on society.

Although they are not as huge as land-based casinos, their sheer number is enough to affect an economy. Let us talk about the jobs these online casinos offer and how they make a difference in the financial status of many people globally.

Software Engineers

All game developers need software engineers. These are the people who write the code for the game. On top of that, software engineers create the ecosystem for all the gaming solutions that run on the servers.

In addition, many people possess different technical skills to run an online casino. Some examples are:

  • Network specialists;

  • Security specialists;

  • Front-end and back-end developers;

  • Graphic artists;

  • Animation experts / visual effects experts;

  • Musicians for sounds and effects.

The peak salary of a software engineer is $174,822 per year. The lowest is $113,000 per year, and the likely median is between $139K and $223K per year.

Live Dealers

Live dealers refer to the croupiers and game show facilitators in live casinos. These are the people who deal with your blackjack cards and spin the roulette wheel.

These employees are all over the world. For example, you may be playing in America, but your live dealer is physically in the UK or Romania.

Of course, there is a big difference between the salary of a dealer and an engineer. The live dealer earns an average of $23.33 per hour. This salary is merely the median, but some earn as much as $101,000 per year. The lowest is around $29,000 per year.

Customer Support Specialists

Customer support specialists are the people who answer your queries if you have an issue. It can be a financial issue. They are the specialists you chat with or talk to on the phone.

Their main jobs are:

  • Answer customer inquiries;

  • Route technical issues to the IT department;

  • Validate data from the backend;

  • Approve/deny requests.

The customer support specialist typically earns $15 per hour. While that is the median, one of the highest rates is $24 per hour. It may sound small, but this job surely beats working in a fast-food restaurant. As a customer service representative, you sit at your desk to process requests — with no backbreaking work.

Product Managers

A product manager can work for the online casino or the game developer. The manager’s role can also be a myriad of many things. Here are some examples:

  • Assess if the game is earning or not.

  • Analyze what games people love to play.

  • Create promotions and execute the plan.

Product managers, like software engineers, can earn more than $100,000 per year. The average estimate is $134,643 annually. In the low range, the product manager may start at $50,000 per year, while the top range is around $500,000 per year.

Online Gambling Influence on Everyday Life

As you can see, the salaries of the most common employees in the casino industry speak for themselves. The money that casinos earn does not go into the pockets of the CEOs. Many people benefit from the casino’s earnings.

Once an employee gets paid, that money trickles down to the economy in so many ways. Below are some examples:

  • Payment for rent/real estate;

  • Payment for food, groceries, toiletries, etc;

  • Payment for children’s education;

  • Payment for fuel;

  • Payment for utilities like water, gas, and electricity.

One good thing for one industry is never good for another. As more and more online casinos pop up, more and more land-based casinos lose customers. As such, some say that online casino is a scourge to brick-and-mortar ones.

The thing is that online casinos are the future. Land-based casinos must embrace the technology and offer the same to their consumers. If anything, the main advantage of a land-based establishment is the possibility of entertaining people in another way, like concerts and magic shows, which online casinos cannot do.

As you can see, the casino industry is a business that gives money back to society. Although gambling has earned a bad rap over the years, one cannot deny that it does provide value to the economy as well as to people who need a job.

The casino industry is a huge network of electronic systems — an entertainment industry that, like Hollywood, requires a lot of people to operate. As such, instead of trying to bring it down, people must look for ways to regulate it and allow people to keep their jobs.