In 2020, the global gambling industry experienced its strongest growth spurt yet due to the global pandemic. Now, we are witnessing some of the most exciting trends in the casino world, and they are set to continue. Discover six top developments.
Platforms reviewed by easywinnings.net have enjoyed rising demand since the first lockdowns. However, flocking to online casinos is not the only consequence. The industry is growing all around the world, adopting new technologies and offering an increasingly immersive experience.
1. Persistent Growth
The recent report by Mordor Intelligence emphasizes the positive effects on the industry and the shifts in consumer perceptions. Gamers have turned toward online platforms to satisfy their urges and bridge their psychological and financial crises caused by Covid-19. Researchers from The Lund University in Sweden have highlighted the rise in demand for online platforms due to restrictions in sports events, and the spread of AI and machine learning in betting. Finally, women are now gambling more than ever.
2. Growing Compliance
An increase in compliance among online casinos and bookies has been confirmed by European Gaming. This takes different forms, from KYC verification on betting sites to tightening age restrictions to self-exclusion options. Bonuses are now smaller, and limits on deposits are also tighter.
3. Esports Is Now Mainstream
Esports is still showing robust growth. According to Rick Yang, General Partner of the venture capital firm NEA, it may now be considered a part of pop culture and the mainstream of gaming. One of the factors contributing to its expansion is the direct connection between fans and players.
4. The Spread of VR
Virtual reality allows casinos to deliver an unprecedented level of immersion. Now, a gambler may don their headset for PokerStars VR and sit down at a virtual poker table. As the pandemic is still continuing, and many players prefer gambling from home, VR-driven environments are going to be all the rage in the coming months. They bridge the offline and online realms. Live dealer games, which offer a hybrid experience, will also grow.
5. Thriving of Football Bookmakers
According to Mordor Intelligence, football betting is all the rage. Events like European Championships and the FIFA World Cup have attracted hordes of gamblers from all around the world.
6. Adoption of Crypto
Bitcoin casinos provide the safest payments in the industry, as the blockchain ledger does not record the identities of wallet holders. Crypto coins are now accepted by casino sites and betting platforms. The transactions are now almost instant, and the volatility of the coins means that the value of bonuses and deposits may grow over time.
The latest statistics show that the vibrant growth of the online gambling niche shows no signs of slowing down. These top trends demonstrate the increasing convenience, variety, and reliability of gambling and sports betting on the internet. According to experts, these trends are here to stay.