According to H2 Gambling Capital study, the worldwide online gambling income has gone up to €45 billionfrom €17 billion between the period of 2009 and 2018. Many gambling websitesas the 1001win have rapidly taken over the market due to its excellent user interface and realistic gambling experience.
With new players entering the online gambling market everyday, there is severe competition in the industry. Firms need to adopt the below latest trends to make themselves ready to fight the competition and stand out:
The number of players preferring online casinos through their mobile devices is increasing year by year. According to the study by the Rub90 portal, the share of gamblers preferring smartphones has grown by 117% between 2012 and 2018. Also, FavBet estimated that over 50% of its customers entered the betting platform using portable gadgets in 2018. Mobile devices become increasingly available and functional with high-speed mobile Internet coverage. Plus, a smartphone gives access to gambling platforms at any convenient place.To satisfy the rising user demands, gambling market leaders need to develop their own website versions for portable devices and desktops. Mobile gambling will stay trendingin this decade.
Gambling business regulation
In 2019, some nations focused on legalizing gambling businesses, while others have adopted measures to toughen the gambling regulation.For instance, Belarus legalized online casinos back in 2019. Russia has worked on simplifying the identification procedure for betting shop clients.In 2019, Ukraine introduced a bill on gambling business legalization. The UK has accepted the obligatory requirements for online casino customer identification. In 2020, the online gambling legalization in different nations will provide operators with more opportunities for business growth.
In 2020, negotiations with the casino industry representatives will allow businesses to find business partners, new clients, or investors.Specialized events are platforms for active networks in the gambling sector. They are held in separate corners of the world, bringing together industry leaders and the best experts in gambling development and promotion.
Luck based games with live dealers are one of the latest gambling trends. As per the estimates of H2 Gaming Capital, 25% of all the online casino income accounts for this type of entertainment. They generate revenues up to $1.2 billion per year.Experts stress on the popularity of live games that has grown due to the expansion of mobile communications. Players feel comfortable joining such solutions because of the superiorquality of video broadcasting and larger smartphone displays.Live games have recently earned the gamblers’ confidence, as they allow not only to enjoy gambling but also to talk to real visitors and dealers. Such games will enable them to dip into the atmosphere of land-based casinos without leaving home.
With online gambling becoming more popular everyday, the industry has witnessed the adoption of the latest technologies aimed at improving the user interface.