There is no real end in sight for the potential success of online casinos.  The industry continues to grow, despite several factors.  The entire world is experiencing a devastating recession.  Many companies are lucky to even have stayed in business, meanwhile online casinos and other Internet gambling sites are experiencing serious growth.

Back in 2006 online gambling generated global revenue of $17.6 billion.  In just two years that revenue jumped to $22.6 billion.  There are several theories as to why online casinos appear to be recession proof.  The most popular one has to do with the idea of a pure gambling business.

In the early days of brick and mortar casinos, the gambling industry would thrive in times of economic hardship.  But that was before casinos became immersed in hotels, retail, and the restaurant business.  Now brick and mortar casinos are suffering serious revenue losses during the most recent recession.

Online casinos are, however, as close to a pure gambling business as possible.  Also, due to families tightening their budget, staying at home and gambling from the computer has become even more appealing.

Once the United States reenters the online gambling market, online casinos will only continue to see growth.  Although online casinos are still banned in the United States, American gamblers contributed to about $6 billion of the $22.6 billion generated from online casinos last year.   

According to projections from PricewaterhouseCoopers, the United States government could expect to enjoy over $50 billion over the next 10 years, simply from taxing online casinos.