Being an industry that’s growing at an incredibly fast pace, new trends are always emerging every single year. With global revenue expected to almost triple by 2030, explosive growth has been fuelled by these new trends.
There have been huge changes, such as countries and jurisdictions loosening gambling laws, as well as smaller ones, like more casinos accepting Interac deposits popping up. But in between these two things, there’s a whole world of things going on – let’s take a closer look at them.
The Prominence Of Blockchain
One of the most exciting and promising additions to the gambling industry is the integration of blockchain.
If you are unaware of what the blockchain is, it’s mainly used in cryptocurrency and crypto transactions. But the technology behind those transactions has started to be used in plenty of other industries.
Quite a few elements of blockchain carry across perfectly to the online casino industry – such as agreements and contracts. These can be used on financial transactions to help verify payments.
The anonymity of blockchain transactions is also another handy feature which carries across – It’s one of the main reasons crypto casinos have become so popular with players.
Blockchain tech can also be used to verify casino games are fair – it’s a more transparent way of proving fairness as players can check and verify results themselves.
It’s for these reasons that we’ll be seeing more and more crypto casinos and blockchain integration across online casinos.
The Creation Of VR Casinos
Virtual reality technology has been slowly applied all over the place thanks to the cost of VR headsets coming down in price.
VR video games are a dime a dozen and it wasn’t long before the tech made its way into the gambling industry and we’ve seen numerous VR slots since.
This adoption has allowed developments like VR live casino games such as Roulette and thanks to the unbeatable level of immersion, it’s quickly taking over!
No doubt that we’ll see more VR games and VR casinos popping up in the near future.
Mobile Casinos And Mobile Gaming Will Grow
With more and more people getting their hands on mobile devices, it’s absolutely no surprise that mobile gaming has been on the rise steadily these last few years.
The technology inside phones has progressed by leaps and bounds since the seminal Snake game from Nokia, basic phones can now run fully-fledged casino games smoothly.
You can also find apps from many of the big-name casinos for even more convenience.
One of the biggest developments in mobile casino gaming though was the introduction of live dealer games.
These games come streamed in high definition straight to your phone, so you can have the full casino experience – including a fully trained croupier – right in the palm of your hand.
These factors all point to mobile gaming only getting more popular as time goes on.
More And More Social Games
Social gaming is quite a new concept and a new trend in the industry. This style of gaming sees players enjoying casino games as a community rather than separately, as they compete with each other in friendly competitions for virtual currencies, points and even real-life prizes.
These social games are designed for short, intense bursts of gaming, which has made them almost the go-to for people who just want a quick burst of gaming whilst they’re on the move.
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Thanks to the popularity of social gaming, it’s come as no surprise that many gambling companies and software developers are investing heavily in the concept, with many experts believing it’s going to be the future of online casinos.
Sports Betting Goes From Strength To Strength
It will probably come as no surprise to anyone that sports betting is going to be a huge driver for the gambling industry.
With more and more interesting players appearing on the scene & forming partnerships with betting sites, we’re seeing more online casinos combining sports betting into their platforms.
These dual platforms not only drive more revenue, but they also allow players to bet on their favourite teams whilst enjoying a few hands of poker or playing their favourite slot game – a win-win!