The 2020s will be a pivotal decade for online casinos, as virtual reality and skill-based games are expected to replace traditional slots, card games and roulette by the end of the decade.
According to the general experts forecast, the gambling industry will more than double, and all activity related to online gambling will almost reach the $ 100 billion mark worldwide in 2025.
This is incredible growth for an industry that is relatively immature. But it can be assumed that many factors will affect the industry, such as the gambling laws liberalization.
Expanded Range Of Games
In recent years, there has been a rapid growth in the popularity of gambling sites, the level and range of gaming software is also going uphill. Experts from the online casino industry agree that the number of slots with skill elements has increased, esports has become mainstream, and modern high-definition graphics and animation have strengthened their positions in most online gambling platforms. In addition, experts predict several new trends.
Virtual and augmented reality is gaining momentum in the online gambling industry. VR / AR technologies attract players, allowing them to immerse themselves in the slot atmosphere. Online casino games with virtual reality elements are more dynamic and provide an opportunity to interact with other participants. Thus, these technologies provide a new gaming experience through visual effects, real sounds and tactile sensations. It can be seen that today more and more platforms in the online gambling industry are integrating this technology. Casinos are adopting software with a wide range of features, providing high quality customer support and interaction between developers and operators.
Online casinos are increasing the number of live dealer games where players can interact with live dealers from the comfort of their homes. Dealers work from special studios equipped with special 3D cameras that broadcast the game. Players can ask questions, interact and place bets using live chat systems. Live dealer casinos create gambling experience, immerse yourself in a casino atmosphere, provide real-time communication between players and provide 24/7 customer support.
You can follow the changes that have taken place in the industry on the example of the Shangri La platform. When the site launched in 2016, it offered slots, live dealer games and classic sports betting. Over time, the assortment has become more diverse. Scratch cards, slots with skill elements, new games with odds betting are available today.
The changes also affected the bookmaker’s office. In addition to traditional sports, virtual sports and eSports can be found here. Moreover, at Shangri La online sportsbook now you can place bets not only before the start of the event, but also in the process with dynamic odds.
Significant changes have also taken place in Livecasino section. Today, additional gameplay parameters are available, and the increased number of cameras allows you to watch the game from all kinds of angles.
In the past few years, the industry has consistently noted an increase in the popularity of mobile gambling. The growth of the mobile gambling entertainment segment is a trend and, at the same time, a regularity. In a world in which most of a person’s life is associated with the presence in his hand of a mobile phone, the mobile gambling emergence to a leading position is only a matter of time.
Over the past two decades, a mobile phone has evolved from a communication tool into a smart device that can replace dozens of other useful gadgets. The more advanced the model is in user’s hands – the easier and faster it is to launch virtual games. Internet coverage also does not play the last role, because it actually imports gambling services to distant planet corners and opens up opportunities in new markets.
The segment’s revenue is expected to reach $ 37 billion by 2023. The market share is scalable and will exceed 50% of all gambling operations. Among all the gambling business branches in the mobile segment, the palm will be, as in currently, belong to sports betting.
In an effort to meet all the users’ needs, Shangri La Casino and Sports launched a feature-rich mobile app in 2021. It retains all the features of the main site.
Additional Payment Options
Online casinos offer many ways to fund your account balance and withdraw your winnings. Modern banking methods are fast payouts, ease of use and security through the use of the latest 128-bit digital encryption (SSL) technology. For beginners, an easy and safe way is to use credit or debit cards. More advanced players often prefer e-wallets.
The growing cryptocurrencies popularity cannot be ignored. More and more people are buying and selling digital currencies all over the world. Because of this, some online casinos have already started accepting cryptocurrency payments. The number of such casinos is not very large yet. However, many studies show that the situation will change in 2021. Thus, gambling sites will try to attract new customers. Transactions will be more secure and faster than what we have today.