World
Legalization of Online Gambling Sites has Boosted the Participation of People in Casino Games
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The online entertainment world has gained massive popularity at a global level due to the technological revolution. Due to this, the casino businesses have shifted their presence in the digital world. Owing to this, people of all age groups have got wonderful opportunities to spend their free time easily playing casino games.
Another major reason which has made it possible for people to take part in online casino games is the legalization of online gambling sites. There are many online gambling platforms available that ensure the full safety of people while playing online casino games.
Due to the presence of many legalized casino operators online, it has now become possible for people to participate in gambling activities without any hesitation. Other than this, there is a complete revolution in the gambling world due to many changes in it.
Massive Growth Due to More Participation of People
The ease of participation of people in gambling activities via smartphones has led to a big boom in this industry. And in the coming years, it is expected to grow at a skyrocketing rate to cross new heights of growth at a global level.
According to Grand View Research, the global online gambling market was valued at USD 53.7 billion in 2019. Now, it is expected to grow at a CAGR of 11.5% from 2020 to 2027. The high internet penetration, smartphone revolution, and the legalization of gambling activities are the leading reasons responsible for the growth of this industry.
Awareness About Legalized Online Casino Platforms
Over time, awareness about the availability of legalized casino platforms has increased among people. It has made people participate in online casino games to a great extent. Anyone can easily find legalized casino operators online and choose a suitable one out of them to play their favorite casino games.
Governments across the world are now legalizing casinos because they help to solve many social issues such as unemployment. Moreover, the massive amount of revenue generated by online casino games contributes to the better functioning of governments.
Easy Access to a variety of Casino Games
Now, anyone can easily access a variety of casino games online on his smartphone or computer system. There is a wide variety of casino games available online for different players. Some of the options available for participation in gambling activities are online casinos, online poker, and sports betting.
A variety of casino games are made available by online casinos for players of different categories of players. One can easily choose different levels of casino games from easy to advanced to enjoy his time.
New Regulations Boost the Casino World
There is an implementation of many new laws in the gambling world due to which it has become possible for people to participate in gambling activities with ease. In the US, there is a massive boom in the popularity of online casino games due to its favorable legislation for online betting & casino gambling activities.
North American has seen the fastest growth in terms of the development of online gambling activities. Nevada, Pennsylvania, and New Jersey are filled with many licensed online casinos to play different casino games. Out of these states, New Jersey is the largest and the most regulated gambling marketing in the US.
Introduction of New Gambling Sites
Cultural approval, corporate sponsorships, and celebrity endorsements are some of the factors that have led to a boom in the popularity of gambling sites. In the US, there is an introduction of many new online casino sites due to which it has become possible for every person to participate in gambling activities easily.
The availability of legal online gambling sites has allowed people to participate in online casino games on a large scale. There are many sources available online where one can easily find their desired websites for playing casino games on a daily basis. Due to online access to real money games, it is quite feasible for people to play different casino games to enjoy their time to the fullest.
Technology Advancement in the Gambling World
Due to technological advancement, the gambling world has got a big revolution over time. Casino games are now available with advanced effects to help people enjoy playing them with great fun. Just like every other sector, technology has contributed to the growth of the online gambling industry on a large scale.
Now, online casino firms are easily marketing their services using digital means. Hence, people are getting aware of the availability of legalized casino platforms to play casino games.
Availability of Free Spin Bonuses
Another factor that has led to a boom in the popularity of legalized online casinos is the availability of free spin bonuses for players. Now, anyone can easily take part in online casino games without caring about money. And he can gain exposure to the casino world without facing any hesitation.
World
Turkish Textile Giant Sun Textile Solution Proposal for Drought
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While the World Health Organization (WHO) and the United Nations (UN) are seeking solutions to combat drought through various projects, Ekoten Textile, a subsidiary of Turkey’s textile giant Sun Textile, has developed a groundbreaking project in collaboration with a technology startup to minimize the intensive water consumption in the textile industry. This pioneering project, the first of its kind globally, will enable the recycling and reuse of up to 90% of the water used in textile production.
Drought is one of the most pressing issues facing the world today. According to WHO data, 40% of the global population is struggling with water scarcity. By 2030, up to 700 million people could be forced to migrate due to drought. The unconscious use of water in global production processes plays a significant role in the rapid depletion of clean water resources.
The textile industry is one of the sectors with the highest water consumption. In Turkey, while the food industry consumes 22% of the water used for industrial purposes, the textile sector follows closely with 18%. For instance, producing an average of 40 tons of products daily requires 2,500 tons of water, equivalent to the daily water consumption of approximately 10,000 people.
CLEAN WATER RESOURCES FOR HUNDREDS OF THOUSANDS OF PEOPLE EVERY DAY!
In textile production, where clean water resources are heavily consumed, the innovative success of the Turkish company stands out as a global best practice. This initiative will shape the future of the industry. The wastewater recycling project, developed through intensive R&D efforts, will ensure that over 90% of the required water is sourced from recycled supplies.
The reuse of wastewater in production will transform the fate of countries operating in the textile sector. By preventing the use of clean water resources for textile production, this project will free up clean water sources that can meet the daily needs of hundreds of thousands of people.
R&D ACTIVITIES IN 38 COUNTRIES WITH 380 PARTNERS!
Sun Textile places great emphasis on R&D activities, conducting research and development efforts with 380 partners across 38 countries. Sun Textile and its subsidiary Ekoten Textile export nearly 90% of their production, solidifying their identity as a leading exporter. The company ships products to numerous destinations worldwide, including European countries, the UK, and the US. Sun Textile, the leading ready-to-wear exporter in the Aegean Region, achieved a consolidated turnover of 250 million euros in the third quarter of 2024, continuing its active growth trajectory.
OFFERING CUSTOM DESIGNS TO CUSTOMERS
Sun Textile provides its own designed collections to leading brands in Europe and the UK. Ekoten Textile, its subsidiary, is among the most respected knitted fabric manufacturers in Turkey and Europe.
With a dedicated sales team for each major customer group and five design offices in three different countries, Sun Textile creates designs tailored to its customers’ needs. Its largest clients include the Inditex Group, H&M, Jimmy Key, Tesco, Kiabi, Marks & Spencer, and Next.
Sun Textile also extends its sustainability approach to social responsibility, notably for its high ratio of female employees. The company, which went public in 2022, is also listed in dividend indexes.
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