Online gambling industry trends in 2022
There has been a steady growth in the gambling industry in recent years. Factors such as advancements in technology and the outbreak of the coronavirus have contributed to its development.
The competition in the industry keeps many gambling companies on top of their games. Hence the creation of many new and exciting ways for players to enjoy gambling.
Online casinos are moving into the future, and you do not want to be left behind. In that vein, here’s a look at new trends in online casinos and those to expect.
Betting on Smartphones
Several online activities are now carried out comfortably on mobile phones and tablets. Gambling activities are not an exception.
Mobile betting brings the casino to wherever you are. It makes it possible to place bets while walking your dog or lying on your couch.
This trend pulls in more players, especially those from places where traditional casinos are not accessible.
Online casinos are drawing in a younger and diverse market by improving the visual features of gambling sites on smartphones.
Game providers have designed games adaptable to mobile phones. They also work to improve its features continuously.
Mobile betting has, in no small way, influenced the growth of online casinos. Certainly, this trend is here to stay.
Betting on smartphones comes with amazing bonuses for both new and existing players. For instance, new players receive the free welcome bonus no deposit casino Ireland. This bonus lets you get familiar with the games at no cost while standing a chance to win money.
Cryptocurrency
Cryptocurrency is the newest means of payment and financial transactions. It provides a safe and secure way to deposit and withdraw cash on online casino sites.
Several online casinos have adapted cryptocurrencies like Bitcoin, Ethereum, Litecoin, and Dodge. According to chinalysis, 70 crypto-friendly casinos currently exist and have made a total revenue of $2.8 billion this year.
More so, cryptocurrency protects the financial records of its users. Linking your gambling transactions to your spending habits is near impossible.
Therefore players enjoy a level of privacy and anonymity while gambling. In addition, it is a faster means of deposit and withdrawal.
Other benefits of cryptocurrency include bonuses such as free spins and lower transaction rates due to the absence of a central authority that oversees digital tokens.
The volatility of cryptocurrencies like bitcoin creates an opportunity to gain or lose more value between deposits and withdrawals.
This is something to consider when gambling with crypto tokens on betting sites in Ireland, such as Betfair.
Live Casino
Many people go to casinos to socialize with others. Witty and charming dealers attract players, so traditional casinos focus on providing engaging dealers.
Live casino replicates the actions and feelings attached to playing in a land-based casino. This is made possible by the presence of an engaging live dealer and interaction between players while playing games.
Improved internet connection has greatly influenced the growth of this trend. Games you can play live include casino online slots and other games such as poker and blackjack.
Live casinos are very peculiar because they allow you to gamble with humans instead of a computer. Players enjoy it because the sound effects and enhanced visuals make the gambling experience realistic. Live casinos also provide players with better payback percentages.
The first online casino to go live is Slotsmillion. Today, you can find that feature in many other online casinos such as Caesars Casino, Ocean Casino, PokerStar Casino, etc.
Gambling on Smartwatches
Gambling on smartwatches is a new trend in the industry. They are the next step in bringing the casino closer to the players.
People use smartwatches to monitor their health and for entertainment purposes. Apple and Samsung are some of the top smartwatch brands, and they introduce new models into the market every year with new features.
This form of gambling is ideal for those who like to gamble on the go. You are alerted on your smartwatches when bonuses and other winning chances arise.
Jackpot City Casino was the first online casino to provide the option of gambling on smartwatches. It offered 17 games, including slots, poker, and bingo.
Gaming providers like Microgaming and Playtech are working to create more smartwatch casino applications. Soon enough, online slots Ireland will be accessible through your smartwatch.
VR Gambling
Online casinos constantly look for new ways to improve gambling, especially for young players. 3D graphics and realistic sounds have been employed to achieve this feat.
Recently, virtual reality has been introduced into the gambling industry to make games more immersive and entertaining. Simply put, you can experience the visual and auditory attributes of a land-based casino from the comfort of your couch. It eliminates distance barriers and the need to dress fancy.
Just like brick-and-mortar casinos, players can watch games without playing while using virtual reality. Interactions are more entertaining because you can see other players in the form of their respective avatars.
Because this trend is fairly new, only a few VR casino games exist so far. These include VR Poker, VR Slots, VR Roulettes, and VR Blackjack. Oculus VR poker, Slotsmillion, and PokerStars are some of the online casinos with VR features.
VR gambling requires using VR equipment like a VR headset and controllers. These are quite expensive, but they’ll become more affordable soon enough. It is only a matter of time before VR casinos become accessible to everyone.
Playing from Restricted Areas
The gambling industry is a good source of tax revenue for governments. However, many countries associate it more with its negative image.
The more the industry grows, the harder it is for gambling addicts to control themselves. This has led many countries to ban gambling activities, while others established a partial ban.
The regulations aim to discourage fraudulent activities and addiction. It is a punishable offense to gamble in countries such as Poland, Qatar, Cyprus, and many Asian countries.
There are two ways to gamble safely in restricted countries: using a VPN and playing at offshore online casinos.
The VPN protects a player by replacing the player’s location with the casino’s. It is advised to make use of trusted and efficient VPN services.
On the other hand, playing at offshore casinos is a much safer option. It involves playing at casinos located in countries without gambling restrictions.
In both cases, it is important to play at good online casinos where your personal details are safe. Irish online casino reviews will help pick the best and safest online casinos in Ireland.
Furthermore, cryptocurrency offers a layer of anonymity, making it possible to play from restricted countries safely.
The online casino industry grows more efficient and safe for its players with the release of new features.
As technology continues to advance, these trends will continue to develop, and the establishment of more is expected.