You can bet, play and win great prizes anytime, anywhere, just by swiping and tapping on the bright screen of your phone. This is the forerunner of the gambling industry innovation called “iGaming”. It is an umbrella term that refers to all types of online gambling such as live casinos, online sports and esports betting, cryptography, binary trading, and more.
According to the PR Newswire Global Statistics Survey, the iGaming segment is expected to reach $127.3 billion worth by 2027. Great, isn’t it? Therefore, below we will talk about some of the new features of iGaming, including different casinos types.
1. Crypto-based online casinos
Traditional payments in online casinos are slightly overshadowed by digital currencies, which means they are being replaced by digital currencies. Regardless of innovation, digital currencies are one of the most ideal solutions for security, convenience, and privacy. For the first time, you can bet anytime, anywhere as there are no geolocation restrictions withcrypto-based online casinos!
2. Mobile-compatible games
17 phone games that help you get rid of social distance are on the way. This development made it possible for players from all over the world to participate. Thanks to the rise of technology and the emergence of smartphones, mobile compatible games were made possible. With the advancement of great technology, imagine how gaming grows faster and closer at the same time. In this way, you can play games wherever you want with just your phone. Software providers compete to develop new games suitable for mobile phones, tablets, and other similar devices.You can earn money and play with a small phone, wherever you want. Isn’t it great?
3. Skill-based slot games
Gone are the days when slot machines were rewarded in just two or three spins. Today, they are not only versatile and easily accessible, but they have also been upgraded to the next generation of gamblers. This demographic, called millennials, has more to do with the cost of awareness alone. Growing up with video games, they are not attracted to gambling because seniors see them as great recreational activities.
4. Wider scope of esports betting
With the cessation of actual sports activities, gamblers are increasingly turning to video games. Similar to traditional sports, esports competitions are broadcast on television and online. There is still debate about whether e-sports is a real sport. But these sports are as lucrative and varied as physical sports.
5. Virtual reality gaming on the rise in live slots and casino games
VR (virtual reality) and AR (augmented reality) based slot games and live dealer games are going mainstream. They bring the casino to your home, thanks to their dedicated slot game providers. Time and space are no longer in question here.
6. Strong security with AI
Artificial intelligence will be an important tool in combating the next generation of security threats. An example of a reliable program is Artificial Intelligence (AI), which describes how to change and improve online gambling.
Fraud resistant and artificially-intelligent robots are designed to detect fraud schemes in all online games.
Identifying casinos and gambling addicts is a difficult task, as no single person or institution owns the Internet. AI robots will come and assist you with data analysis and player history, and this has made iGaming and online gambling more fun and exciting.