The gambling and casino industry has experienced tremendous growth in the past few years. Reports suggest that the online gambling and casino industry generated about 262 billion USD in 2019.
Specific trends have played a significant role in helping the industry grow. Technological innovations have made online gambling and casino services more accessible. If you have a reliable internet connection, you can enjoy top online gambling services from top providers like Betway, from the comfort of your home. So, what are the trends transforming the gambling and casino industry? Let’s dig in!
Studies have revealed that eSports are among the top trends transforming the gambling and casino industry. It is important to note that competitive gaming is not a new phenomenon. However, betting in eSports events is an emerging trend.
The first eSports event happened in the 1970s, but the industry has grown into a million-dollar industry over the years. Experts project that the industry revenue will hit the 1.3 billion USD mark by 2025.
In recent years, the industry grow more because there were limited sporting activities globally. Sports fans had limited options; hence they turned to eSports for entertainment. Moreover, since many people were idle, the number of online players increased.
Industry experts also argue that eSports will keep growing as more organizations venture into the industry and more professional players join from different parts of the globe. Some of the most loved eSports games include Call of Duty and FIFA.
Live Dealer Casino Games
Initially, brick-and-mortar casino die-hards argued that online casinos lacked the oomph of a “real” casino. In this regard, online casino operators harnessed the power of technological innovations to address this issue.
As a result, players can now play table games such as Blackjack and Baccarat as though they were in a physical casino. Some online casinos also allow players to play against each other instead of playing against a machine. Moreover, some have chat options that allow players to interact, improving the overall experience.
Bonuses and Promotions
The competition among online casino operators is immense. Consequently, the operators have to adopt aggressive strategies to attract new players and retain the current ones. Top online casinos like Betway run attractive bonuses to attract players their way.
Examples of popular bonuses and promotions include welcome bonuses for new players or mobile app bonuses to encourage players to use the mobile platforms. Other popular bonuses include free spins, reload bonuses, and daily promotions.
Modern-day businesses thrive on understanding their customers and offering products tailored to their needs. AI helps online casinos to accept only eligible players to join. The casinos use the technology to examine consumer habits and patterns and use the information to send them offers that suit them. For example, AI can note that a user loves to play slots; hence the casino can send them slots offers.
Technology is the key driver of the recent growth in the gambling and casino industry. With more technological innovations happening each day, online gambling fans can gear up for more exciting times.