The iGaming industry has undergone numerous transformations to enhance its functionality. The modern world has evolved enough to allow other tech advancements to find their way into this rising industry. And that’s what we’ll focus on in this article. If you’re interested in seeing what tech trends will redefine the iGaming industry, just keep reading.
Cryptocurrencies don’t only dominate the online retail world but the online gambling world as well. Many online platforms continue to open their doors to crypto transactions, which players worldwide have applauded due to improved security and anonymity.
Even though traditional payment methods are still widely used, crypto transactions are slowly but surely replacing them in most online casinos. On top of that, the added security of crypto payments gives players a sense of security because they cannot be traced, provide greater protection against identity theft, and more. So, we expect to see more such casinos in the future.
Enhancements to Slots
As casinos like Prime Slots aim to attract a younger audience, the industry will keep trying to incorporate innovative machines. As a result of an increase in playing video games and consoles during childhood, there is a growing demand for engaging and entertaining video slots. As a casino operator, you want your users to always feel amused because any sign of boredom will cause them to leave and completely forget about your platform. Adding unique enhancements to slot games will keep the gaming industry fresh and new.
More Live Dealers
The recent years and the pandemic have proved that players have a high preference for gambling from home. The live dealer gaming category enabled players to experience a brick-and-mortar casino atmosphere without ever leaving their homes. With such information, online casinos use this to gain leverage with players.
Dynamic and lively dealers are a common sight in engaging games like blackjack and baccarat, while poker and similar tournaments require a more professional setting. Nevertheless, charm and quick wit never go out of style, as evidenced by the growing number of live dealer casinos. And with more advanced technology, human interaction in the iGaming industry is here to stay.
Rise of VR-Based Gaming
Virtual reality is another brilliant invention that will pave the way for the future of iGaming. Players seek a more immersive casino experience, similar to the one offered by live dealers, and VR will push the limits on that. If you have no idea what we’re talking about, read more here. Moreover, VR-based gaming will impact not only table games but also RNG games.
NetEnt, a trail-blazing provider, has recently presented a demo version of the Jack and the Beanstalk slot game, its well-known and popular release. This has prompted other providers to follow suit.
Changes in User Habits
With more people relying on mobile phones for daily tasks, we can expect to see the same pattern in iGaming. Because of that, F2P (free-to-play) game products have increased in popularity worldwide. Although these games do not bring direct profit from sales, they can still be profitable in other ways, including microtransactions for various cosmetic upgrades.
Such user habits prove players will spend the extra buck to enhance their gaming experience. This further proves that something that was initially free was not free at all.
More Access in Restricted Areas
Since cryptos have brought anonymity to the gambling world, it is challenging to trace people to their personal information and localities. This also applies to regions that were originally outlawed and restricted. So, places that prohibit online gambling may see an increase in the activity due to the protection brought on by cryptocurrencies.
For example, Taiwan, a country with strict regulations, is currently seeing an increasing growth of online gambling platforms that accept cryptos. Such demand will keep increasing in the upcoming years. Despite a large amount of potential revenue that could be generated if people knew how to access these sites in restricted areas, this market is currently under-served.