Online casinos have experienced an increase in players in recent months. They offer a broad selection of games, unlike brick-and-mortar casinos. The latest reports state that online gambling will be worth $1 trillion globally by December. Many casino operators who had closed their shops due to the Coronavirus pandemic have reopened them. Here are the five top online casino trends for 2021.
- The Promotion of Responsible Gambling
The number of players who visit Spin online casino is on the rise. Yet, of late, drug abuse and deteriorating mental health are some of the major health conditions that some gamblers are battling. Countries such as Sweden and the United Kingdom need casino operators to set standards that will promote responsible gambling. They include having age restrictions, reducing welcome bonuses, and using advertising tools that enable gamblers to control their gambling habits.
- Increased eSports Betting
The popularity of eSports globally has increased in recent years. The young industry has attracted many investors. Also, sports betting contributes more than half of the total revenue that the online gambling industry generates. Many sports enthusiasts wager on their favorite teams. Increased internet connectivity and mobile penetration have played a key role in the growth of eSports betting.
- Increasing Casino Market Growth
Online casinos increased their market share to 13.2 percent between 2019 and 2020. They had a net worth of $67.5 billion as of last December. Pandemic experts predict that it will take a while for countries to return to their initial economic state. The casino industry will be worth $92.9 billion by 2023. The following factors have contributed to the drastic growth of the casino market:
Legalization: a few years ago, New Zealand and the United States banned online gambling. But the two countries recently changed their gambling laws thus allowing players to visit online casinos. Moreover, the spending capabilities of their citizens have increased. So, there is more potential for the casino market to grow.
Mobile gambling: mobile gambling has increased by 58 percent in the recent past. Modern phones have big screens, large storage space, and fast processing speeds. These features have enabled players from different countries to access and play online casino games.
- Virtual Reality Gambling
Virtual reality is a new technology in the sports and gambling industries. App developers are building sophisticated software that help online casinos offer a thrilling gaming experience. Some casinos have live dealers who make them resemble real casinos. It is advisable to compare different virtual reality casinos to get the best features.
- Social Gambling
Bingo, blackjack, baccarat, poker, and slots are popular casino games that attract many players in online casinos. Online gambling has grown to be a social activity for gamblers from different countries.it allows them to chat online and compete with each other. Social gambling is expected to increase this year in online casinos.
Mobile gambling has attracted a large number of old and young punters due to its accessibility. Today, you can visit different online casinos on your phone or laptop and play various online games. Virtual reality gambling, social gambling, and increased responsible gambling are some of the top online casino trends this year.