Venezuela is a country in the northern reaches of the continent of South America. One of the world's biggest oil producers and exporters, Venezuela has been in political and economic crisis since the death of its president Hugo Chavez. The capital of Venezuela is Caracas and the currency is the bolivar soberano.
Mobile online casinos are set to be the future of casino gaming in this country. In 2012, the state-run lottery was given permission to operate mobile games and the people became very fond of them and that left a positive mark.
Research has shown that even though mobile subscriptions have dropped since the 2017 crisis, the mobile penetration rate is still high and many Venezuelans use their mobile phones to access online casinos. In 2019, over 16.5 million people had mobile subscriptions and regularly used them to access the net and play at online casinos. That equals a penetration rate of 58.07%.
That number is likely to rise in the next few years as more and more mobile casinos are getting popular in the country. Some of them even developed mobile apps to ease access even more and maximize the mobile gaming experience.