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Top 5 Key Online Casino Trends in 2020

Published by Jay Cooper on July 16, 2020

Online gambling is growing steadily and consistently as it’s among the dependable recession-proof organization by the look of things. It’s not that hard to notice how rapidly the online gambling industry is growing these days. With its estimated worth passing $60 billion in 2020, the whole industry is expected to hit $94 billion in 2021. Online casinos all over the world target various audiences, and offer a variety of games, from online versions of the classics for traditionalists to the whole new concepts introduced to attract new players. Online casinos use the benefits of technology to provide their customers with a unique, more authentic, and entertaining experience.

Cryptocurrency Transactions

In recent years after blockchain technology surfaced, many casinos have incorporated this technology in various operations. The most notable area is the payment. In terms of security, players will no longer have to provide sensitive information such as personal and banking information when making deposits. Since all the information is stored in multiple computers, it means it’s next to impossible to manipulate or even access data.

More live dealer games

One of the commonly-repeated disadvantages of online gambling has always been a complete lack of human interactions. Live dealer versions of popular games are the solution for those who want to extend their online casino experience and feel a little bit like in the real one. If you choose one of the tables, thanks to the live streaming technology, you will have the chance to play with the real croupier, observe how they deal with the cards, and talk to them via chatbox.

Mobile Gambling

A significant percentage of people in the world own a smartphone right now, plus, the average quality of mobile internet connection has significantly improved lately. What’s more, people are more likely to browse the web and play games on their mobile devices than on their computers. For example, according to 888poker, more than half of their players enter their betting platform via mobile devices.

Streaming Channels Are Reaching Larger And Larger Audiences

Platforms like Twitch and YouTube have spawned a massive new ecosystem of slot and casino streaming channels, which connect fans in real-time and let them discover new games. Predictably, the casinos have responded to this new fad by sponsoring many of the slot streamers, making multi-millionaires out of several of them.

Adoption of AR and VR in Casinos

Virtual reality is another dimension that has been working its way into the gaming industry. What this technology does is it designs an entirely new environment, a whole new reality. An example of this is poker, where multiple players share one environment, adding to the experience. Similar to virtual reality, there is another technology called augmented reality. Unlike VR, however, AR complements the current environment with computer overlays. Considering that this technology improves an already established environment, live gaming is expected to become even more captivating.