6 developments that will change the future of iGaming
iGaming is a rapidly developing industry. In recent decades, the iGaming industry has developed rapidly and it is expected that this will only go faster in the coming years.
But what developments will the iGaming industry experience in the near future? We list some of them for you.
What is covered by iGaming?
Before we explain to you what developments are going to change the future of iGaming, it is helpful if you know what exactly is covered by iGaming. iGaming is a collective term for everything that has to do with online gaming. You can think of playing in a online casino games , but also betting on a sports match.
Online poker, bingo and lotteries are also popular forms of iGaming. In recent years, things like betting on eSports have been added to this. Sports betting and casino games make up the bulk of the industry.
Trends in iGaming
The trends in iGaming follow each other quickly. The technology is rapidly improving and offers more and more possibilities. There is a lot of money involved in the industry and various parties are trying to Trump each other.
More and more countries, including New Zealand, are legalizing online casino gaming, which means that investing in iGaming is becoming more and more interesting and that the trends will change more and more quickly. Which trends are already emerging and will be further developed in the coming years?
Mimic physical casino experience with VR
Feeling like you are in a real casino in your own living room: with many live casino games that online casinos offer, this was already possible, but Virtual Reality expands this even further.
With a VR technology it is possible to give a player the feeling that he or she is in a real physical casino. Interact with other players, feel the thrill of the games and experience a night out from the comfort of your own home. Perhaps it will even be possible to allow VR players and visitors to the physical casino to participate in one game together.
Holographic elements
Holographic elements still often have a bit of a futuristic feeling hanging around them. However, it may just be that by means of holographic elements a casino experience will be simulated.
Imagine that you see a holographic game table in your living room, with holographic fellow players as well. It would change the entire experience of iGaming. And not only online casinos, but also other iGaming providers could make use of this miraculous technique.
Blockchain and other digital currencies
Digital currencies have taken a huge leap in recent times. More and more people own Bitcoin or other digital coins. The cryptocurrencies offer the owners a lot of freedom and privacy and are accepted in all countries.
This is very beneficial for the iGaming industry. Often, Game providers serve players from many different countries. By using digital currencies, you are not stuck with exchange rates and you do not pay high transaction fees, as is sometimes the case with other payment methods.
As a result, cryptocurrencies make the iGaming market more accessible to many players. Many people find the principle of Bitcoin digital currencies are difficult to understand. However, this is slowly changing. More and more online casinos and bookmakers are also accepting this form of currency. So this is definitely a change to keep an eye on.
Sports betting
Betting on sports is certainly not a new trend, but the number of sports betting options is expanding. For example, betting on the percentage of possession during a football match is an option that you come across with more and more bookmakers.
Live betting during a match is also becoming very popular and can be played at more and more matches. In addition, as a player, you get access to more and more statistics and important data, so you can place a bet in a more informed way.
This gives sports betting a different character. You not only look more at the best team or the best player, but also analyze other possibilities for a complete picture. This makes sports betting even more exciting and interesting, even for more experienced players.
In addition, betting on eSports and virtual sports is an option that more and more bookmakers are offering. Here, too, you can see live betting coming back more and more often.
Games focused on skills
The new generation of players is no longer content with a simple game. They grew up with video games and have high expectations. A simple slot machine is no longer exciting enough for this type of player.
That's why Game Developers are increasingly focusing on games, where you have to use a lot of skills. Slots become more and more extensive and get exciting bonus features, in which the player himself can also influence the game.
The graphics and designs of the games are also getting better. Players want to be surprised and game developers have to work hard to keep the attention of the gamers. If one game isn't exciting enough, there are plenty of other games to choose from. This means that more and more games focused on skills are being released. This will hold the player's attention for a long time, thereby defeating the competition.
Artificial intelligence
Artificial Intelligence is an interesting development that is increasingly used in the iGaming industry. A. I can be used both to make games more exciting, and to improve the security of the online casino.
We look at both possibilities. Playing against Artificial Intelligence can be a good way for players to train their skills. It goes a step further than ‘normal’ playing against a bot or the computer. A. I. can make some of the decisions himself and learns from previous games. This makes it look more like playing against a human, than against the computer.
However, the big advantage is that Artificial Intelligence cannot get angry and will never cheat. However, it will always try to find the best way to win. This can be a great challenge for real players. The other side where A. I. can help is the security of an online casino.
For example, A. I can be used to recognize or even prevent gambling addiction. By having an A. I. bot analyze a player's playing behavior, this becomes possible. Also, A. I. can recognize cheaters, which can ban these types of players from the online game.
Why is the iGaming industry constantly looking to implement new technologies?
There is a lot of money in the iGaming industry. Therefore, providers are constantly trying to Trump each other. Younger players in particular are constantly looking for something new and often quickly get excited about a trend.
To remain interesting enough, game developers and providers must constantly reinvent themselves. By using new and groundbreaking technologies, they know how to do this. With the rapid development of the iGaming industry, the demands of the players are also getting higher and higher.
They want the best of the best and don't accept sloppy websites or boring games. They want a wide range to choose from and preferably everything as clear and easy as possible. As a result, the iGaming industry has to work hard to retain customers. After all, if a customer is not satisfied, he or she easily chooses another provider who meets the high requirements.
In addition, by implementing new technologies, game providers hope to attract new players.
Conclusion
The iGaming industry is an industry that is constantly evolving. New technologies create new possibilities and options. This is what game developers like to use.
This way they retain current customers and attract new customers. In addition, the younger generation is used to playing online games and does not settle for inferior quality or technology. As a result, iGaming companies are almost obliged to come up with new developments again and again.
In this industry, stagnation is decline. New trends and developments are occurring in all facets of the iGaming industry. In terms of payment methods, the emphasis is increasingly on cryptocurrencies. Sports betting can be done in more and more ways and eSports.
In online casinos you will find more games where your skills are as important as your luck and Artificial Intelligence and Virtual Reality make many new experiences possible. We are curious to see what the iGaming industry will show in the coming years. What are you looking forward to?