Top Trends in the Online Casino Industry
The gambling and gaming industry has embraced technological advancements over the years. Cryptocurrency is now accepted in some casinos and new trends are forecast for 2021 onwards that is expected to redefine and transform this industry in some ways. Here are some of the top trends for the online casino industry which may impact the entire casino industry.
Mobile gambling
Online casinos have been accessed by smartphones for some time, but interest in this mode of play has grown significantly in 2020 due to the lockdown of brick-and-mortar casinos and many other forms of entertainment. The top rated casinos continue to work hard to create pixel-perfect HD games so that players have the same quality through gaming apps as they do when they visit a casino. With online casinos also offer a safe and secure site for personal and financial information, it is expected that the number of people who visit physical casinos will fall.
Mobile gaming has seen the online casino business increase the number of free-to-play (F2P) games. These are games for pure entertainment, but the casino can make money with fees for game upgrades to access particular features or other items that will improve their gaming experience. Also, F2P players are potential clients.
New competition
It is expected that the competition between online casinos will increase. Establishing a casino is a profitable enterprise and many will want to take up the opportunity, which is expected to create momentum in the software development market to create a variety of different games.
There are hundreds of different games that can be played on any particular online casino. To find a trustworthy site can feel a little overwhelming, though players can check out specific reviews, like this sloto cash casino review which will confirm where your money and personal information will be secure and the games are safe and easy to use, as well as which sites offer the most generous bonuses. These reviews are well researched and offer peace of mind to potential players.
Cryptocurrency payments
Cryptocurrencies are convenient and secure and have been working well for many online casinos. One of the biggest trends this year is that more online casinos will embrace cryptocurrencies as players are more comfortable about how they work. Traditional payments will remain an option for most, but cryptocurrencies are likely to replace old methods of payment. The benefits of increased safety from identity theft or hacking plus anonymity means there are no reasons to avoid its use. Some online casinos offer bonuses to those who use cryptocurrency because of the benefits to their business.
Cryptocurrencies also mean that individuals are almost untraceable because no personal information is tied to digital currency. This means that in regions where gambling is outlawed, players anywhere in the world can access and play at online casinos. Most online casinos are looking to expand into these restricted areas over the next couple of years with crypto casino sites.
eSports betting
The integration of eSports betting is a growing trend for online casinos. These will not just be traditional sports that are most popular with gamblers, such as horse racing and football, but also games such as professional League of Legends tournaments that draw vast crowds.
Virtual Reality (VR) and Augmented Reality (AR)
Virtual reality software has been shaping the gaming industry for more than a decade. What was once considered science fiction is now science fact, with VR providing a more immersive casino experience at home. Software developers have been focused on the need to create pixel-perfect, HD games, giving players the same game quality through gaming apps as they would when they visit a casino website. With the restrictions of 2020, the industry may have wished to have worked harder to bring VR and the more recent Augmented Reality online. The expectation is that VR and AR will be trending in the future, with AR is expected to offer players a 3D, 360-degree gaming experience without the need to differentiate between the physical and digital world. This means that players can sit around a table with a live dealer with real-time chats and feeds, all from the comfort of home.
Live dealer games
Online casinos which offer a real live casino to players, with real dealers, are registering more sign-ups than other casinos. Dealers at brick-and-mortar casinos that can engage players in games like Blackjack and Baccarat are popular not just in the location, but with online players too, where their charm and quick wit draws people in to play and stay longer.
Slot Machines with skill
Online casinos need to attract younger players. These are people who have been used to gaming on PCs, consoles, and other mobile devices. The industry has targeted this demographic by launching slot machines that require an element of skill that they are used to from their Xbox or PS games.
Smartwatches offer iGaming Experience.
It is now possible to place bets via a smartwatch. It has been predicted that the smartwatch industry has a global value of USD33 billion in 2021, and gambling is part of this huge trend. Wearable technology will continue to be popular with more gaming software developers creating new games for these devices.
