With the rapid rise of online gambling, the industry is expected to touch the revenue $153 billion by 2028. Which is very impressive considering its only been a decade since people first started gambling online.
The fact that the industry does not appear to be slowing down is quickly becoming obvious in 2023. There are more options now than ever, and with every game available from the comfort of your home, people have higher expectations.
Online gambling is a fast-paced and ever-evolving industry. That’s why it can be hard to keep up on the latest trends. In this guide we have packed all the information you need to help you understand the gambling industry as a whole and the 7 emerging trends you need to watch out for in 2023.
As eSports continues to grow in popularity, so too does the potential for betting on the matches. There are now a number of online portals that offer betting on eSports matches, and many of them have unique offerings that make them worth considering if you’re interested in getting involved in this rapidly growing market.
The most popular type of eSports betting is on match outcomes. There are now dozens of different markets available, covering everything from who will win a particular game to the total amount of points scored by each team.
The market for e-sports is expected to grow and is already a captivated and significant market. With esports betting, bettors can place wagers on a range of games including League of Legends, Fortnite and more.
Many TV providers are also introducing eSports betting as part of premium packages to increase the usage of esports-focused channels.
Hybrid Casino Experiences
Virtual reality (VR) has become a popular way for casino players to experience the games they love. Augmented reality (AR) is also becoming increasingly popular, allowing players to see game elements in their real world surroundings.
Both VR and AR can provide an immersive gaming experience that’s unlike anything else on the market. These technologies have the ability to transport players right into the game, immersing them in the action and making it much more likely that they will enjoy their experience.
There are many benefits to using VR or AR in casinos. First, they can be used to create unique and immersive casino experiences that are not possible with traditional casino games.
Second, they can be used as marketing tools to attract new players and encourage them to try out your casino. Finally, VR and AR can help casinos better understand player behavior by tracking player movements and interactions in real time.
Some of the top companies have already been considering implementing these types of games. Many of the leaders in this field, including Microgaming and NetEnt, are starting to implement measures that will protect customers with AI improvements as well as enhanced online platform security.
Mobile casino gaming is quickly becoming a popular way to enjoy casino games on the go. These casinos offer mobile versions of popular slot and table games, as well as unique variations of standard casino games that are perfect for mobile devices.
There are also online casinos like Pro Indian Casinos that have developed specifically for mobile devices, so you can play from anywhere in the world.
One of the biggest benefits of mobile casinos is that they are simple to use. Many games snap into place immediately after you register, making it easy to get started.
And because most mobile casinos are designed to be fast and responsive, you won’t have to wait long for your next chance at winning.
Another big advantage of mobile casinos is their accessibility. Whether you’re out and about or stuck at home on a rainy day, you can always enjoy some quality casino gaming with a few taps on your phone screen.
Cryptocurrency casinos are becoming increasingly popular as players seek new ways to gamble. These casinos allow players to use virtual currencies like bitcoin and Ethereum to make bets.
The popularity of cryptocurrency casinos is likely due to two factors: first, they offer a unique experience compared to traditional online casino sites.
Second, they tend to be more secure than traditional gambling sites, since all transactions are conducted through blockchain technology.
Smartwatch-based Gambling Apps
Smartwatches are becoming the most sought-after gadgets as users wants to stay connected all the time. Smartwatches offer an interesting option for online casinos. They’re ubiquitous among people today, so there are more and more people who are aware of the benefits they provide.
The increased number of users creates an environment that is ripe for casinos to take advantage of this trend.
Some trailblazing online gaming platforms have developed smartwatch apps to take advantage of the growing presence of technologically advanced wrist-wear.
It’s not surprising at all that these companies jumped into this market, and it’s expected that total smartwatch sales will reach nearly $14million this year.
Online casinos have been clever at offering bountiful incentives for people considering creating an account with them.
Thanks to the increased number of mobile and online players, the future seems bright for players as we expect that 2023 will see many more incentives.
For example: Deposit bonuses are a great opportunity for players to boost their initial investment, while also giving them an increased chance to win. More and more casinos offer these bonus offers, which can lead to extra games and even rewards.
Improved Visual Experience
Year on year, online casinos are providing better experiences to users. Some of the world’s best developers and providers are now improving them even more by making them as modern and cutting-edge as possible.
Online users are expecting new things in their online virtual world, and they’ll get exactly what they want with a modern and life-like experience.
Online casinos will bring the live element to their online games by creating virtual tables and live dealers that are completely integrated into the environment.
Online casinos are evolving in 2023, and that’s a good thing. With more understandable interfaces, great customer service, and new innovations like augmented reality slots, you can expect some considerable changes in the industry.