The widespread coronavirus pandemic has only popularized the online gambling industry more. With the strict lockdowns and travel restrictions, land-based casinos saw a major decline in gamblers, with most gamers turning to online gambling platforms. As a result, the number of online casino websites have increased, with estimates of $1 trillion in revenue from the online gambling industry in 2021. The industry has also been estimated to grow at a rate of 11% annually until 2024.
As online gambling businesses continue to thrive, the industry is likely to experience new casino industry trends. To maximize immersion in the industry, betting businesses are left with no choice but to leverage the latest technology to offer the best possible user experience. So far, it seems that these changes are bringing a positive impact on the gamers’ experiences. While it is obvious that the number of users will only increase, here are some of the online casino and gambling trends to watch out for in 2021.
An influx in mobile gaming
With approximately 4 billion people worldwide owning a smartphone, an increase in gamers is likely to take a win in online casino trends. This has a lot to do with the globalization of internet connectivity as well as the growing number of mobile users.
Of course the pandemic has confined millions of people around the world, however, the convenience of playing from any location is definitely a major advantage. The comfort of playing thousands of games from home will only have greater impact in the years to come. Besides, with software developers making diverse games that gamblers can enjoy online, starting an online gaming and betting business will be a perfect business venture in 2021.
Virtual reality gaming
These days, VR gaming is significantly changing the face of the gambling sector with many online casino businesses adopting this trend in 2021. With the increasing VR gaming trend, gamers can get the experience of playing in a real land-based gambling place, while only needing a VR device to enjoy a variety of games including video slots and even live dealer games. Moreover, it is estimated that $250 billion will be generated from Virtual Reality gaming in 2021. In a bid to improve the experience of online gambling and improve the interactivity in online gambling, VR gambling may become a reality in most online casino platforms in 2021.
During the last years, E-sport betting has increasingly grown as a subset of sports betting. Currently, all real-live games including tennis, baseball and football have a virtual equivalent where gamers can bet with countries that had previously banned the practise and who are now changing laws to accommodate it. As online gambling sites offer betting markets in these games, massive growth can be expected in 2021.
Cryptocurrency based casinos
Most gambling platforms have many options for withdrawing and depositing money. While some users may prefer using debit cards and transfers, a lot of people prefer making deposits using cryptocurrencies.
For one, most players prefer the use of cryptocurrencies as they eliminate third parties not to mention the ability to bypass extra charges from other financial institutions, not to mention that they are secure, convenient and fast.
In fact, a few online major gambling sites have already adopted the use of cryptocurrencies, with bitcoin being the most common. This growing trend leads to prediction that most online casinos are also going to hop onto this online casino trend in 2021. So if you are starting an online gaming and betting business, it is advisable to consider the use of cryptocurrency as a payment method.
Responsible gambling campaigns
It is no news that online gambling has become a favorite pastime for many people. While this a networking and entertainment channel for many, the problem of gaming addiction has seen a rise in the last few years. Gambling has seen many people lose sources of income, affecting their families and society at large. Due to this, a lot of casinos started to actively promote responsible gaming and create different campaigns regarding this topic. With the growing popularity of online gaming it is expected that more online gambling sites are expected to promote responsible gambling in 2021.
To sum up, these online casino trends 2021 will for sure make gaming more accessible while offering gamblers the best gaming experiences. Established online gambling sites as well as those starting online gambling websites should explore these trends and opportunities. This will not only offer gamers exciting options but also attract more customers, hence more revenue.