The Rosloto studio will describe the latest trends in the casino market. We will also tell you about the forecasts of the leading analytical publications, the main IT innovations, and the types of entertainment content that are in demand.
The RichAds web portal reports that in 2022, the online gambling market was estimated at $63.5 billion. According to analysts, in 2028, its capitalisation will increase by almost 2.5 times and reach $153.6 billion.
In 2 years (from 2021 to 2023), the number of virtual casinos increased by 20%, which was facilitated by:
According to the Gambling.net online publication, about 85% of adult Americans have placed bets on a gaming site at least once in their lives. 26% of the world's inhabitants visit gambling resources once a week. The leader in the number of wagers is Australia. Every second resident of this country makes bids, despite the fact the legislation in each state is different.
The ResearchAndMarkets.com analytical centre predicts that until 2027, the global iGaming market will increase by 9.3% every year. And in 4 years, its capitalisation will reach $125.6 billion. The industry is going to take a leading position in terms of growth rate along with the financial, biotechnology, information, and pharmaceutical sectors.
Key indicators of capitalisation of the niche:
According to forecasts, the largest increase is expected in the Asia-Pacific region (37%). There are territories where casino entertainment is legal (for example, Australia or the Philippines) but in some jurisdictions, it is strictly prohibited in any format. We are talking about Malaysia, Pakistan, and other Muslim countries.
About 32% of worldwide income will be accounted for by Europe. Malta is considered a leader in the number of registered iGaming companies. It is famous for its loyal legislation, quick issuance of licences, and low taxes.
Let us consider the innovations that will contribute to the growth of the industry in the coming months:
In 2024, there will be 3 main tendencies:
Rise in the percentage of blockchain transactions
Cryptocurrency is becoming mainstream in the web gaming sector. Today, more payments are made in digital money.
The list of advantages of such a technology includes:
It is becoming easier for cryptocurrencies to enter new markets thanks to transparent regulation in the world’s leading jurisdictions. The use of digital assets is approved in the UK, Germany, France, Lithuania, Estonia, Malta, and other EU countries.
The collapse of the FTX international exchange in the fall of 2022 only partially affected the spread of cryptocurrency. Entrepreneurs now prefer to keep their savings in different digital assets (BTC, LTC, TRN, and others) rather than relying only on Bitcoin. However, 45% of transfers in the gambling industry are accounted for by BTC settlements
Reduction in the number of cash transfers
Replenishment of the user account with the help of land-based terminals and betting machines is used less and less. Many people consider it inconvenient, referring to high commission fees and long crediting of funds.
Analysts predict that the share of cash payments will continue to decline. This niche will be replaced by electronic transfers in fiat or e-money
Widespread use of bank cards
Transactions carried out via the Visa and MasterCard international systems have been staying in the leading position for several years in a row.
The advantage of the settlement method is that it is understandable to a wide range of customers. To make a deposit, it is enough to enter the bank card details and confirm the payment by SMS or voice call. Funds are instantly credited to the user.
Players have access to direct bank transfers and Internet acquisition. The second option is preferable since it often involves opening a payment form with the recipient's details that are already filled in
“Children of the digital age” prefer fast and comfortable games that can be launched from anywhere in the world. They are actively using mobile casinos with seamless access from smartphones or Apple gadgets.
Such projects remain the most attractive ones among investors. Among their key benefits, we can name:
Wagering in this format is suitable for bookmakers and platforms that offer live roulette, poker, blackjack, etc. The main condition is long-term access. A football match, for example, lasts 1 hour 45 minutes.
An eSports competition takes 15–20 minutes and a live baccarat hand — only 3–4 minutes. During this time, a streamer places 1 or more bets, and gamblers follow his progress.
High rollers are often invited to play the role of streamers. These are top casino visitors with impressive track records. They are well-versed in different disciplines or eSports and card strategies.
Advantages of the format:
In 2024, many owners of offline casinos will try to fully or partially transfer their business to the Internet environment. The most obvious option is to launch a gambling platform with live dealers.
Almost all large establishments of this type already have several halls with croupiers. The premises are equipped with the latest technology: there are modern HD cameras, card readers, and tables for games, such as poker, blackjack, etc.. Broadcasts are conducted 24/7: dealers may change but the image quality remains at the highest level.
The decision to launch a live casino is a great chance to attract new solvent traffic without losing regular customers. There are also excellent conditions for branding individual elements of games: chips, tables, cards, and the dealers' clothes.
Live entertainment is considered the most popular in Europe. Here, the leaders in terms of Internet traffic and profits are the UK, Sweden, Latvia, Lithuania, and Estonia. In developing markets (Africa, Asia, and Latin America), live content also finds a huge response from the audience.
Gambling is a high-tech industry where the following innovations are introduced:
Players are a little tired of traditional 5-reel slots (although they still have a lot of fans).
The classic digital reels are being replaced by entertainment with original gameplay and non-standard graphics:
The industry is quite promising nowadays, and the decision to launch an iGaming startup will be a profitable investment.
The Rosloto studio can help you implement an exclusive digital gambling project of any type. We also offer:
For all questions, please contact our managers.
Check the information used to contact us carefully. It is necessary for your safety.
Fraudsters can use contacts that look like ours to scam customers. Therefore, we ask you to enter only the addresses that are indicated on our official website.
Be careful! Our team is not responsible for the activities of persons using similar contact details.