iGaming has become the world’s most popular form of entertainment in the last 20 years. According to predictions, the industry will be worth $100 billion by 2024. More and more people are getting into gaming because there are always new sites and different games to choose from. Many of the largest gaming sites usually have […]
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What’s iGaming?
iGaming is simply any game that is played online. Interactive gaming is what the term stands for, and most of the time, it refers to online games like:
- Casino games include poker, blackjack, and roulette.
- Bingo
- Sports betting
- Fantasy sports
- Lotto games
iGaming wouldn’t be possible without the internet and its growth. This was the most important change in technology that helped iGaming grow. Since 1999, people have been able to play online games with other people simultaneously. But in 2010, things got more interesting when people started betting through their phones.
People who played games on their phones or tablets spent $10 billion in the first few years. With 5.25 billion people online around the world, there is a chance they could play online. But people want different things from mobile games, whether they want to learn or train their brains. Because of this, the people who make these games are using and making new technology.
Some things people look for in a gaming experience are:
- Great layout and cutting-edge graphics
- Good-quality soundtracks
- 3D Animation
- Excellent stories
To give the players the best gaming experience, people are looking for new ways to bring them into the game. iGaming wouldn’t be possible without the internet and the rise of mobile devices. So, what big changes will make this industry grow even more in the future?
The latest in gaming technology
Since the iGaming industry is so valuable and money comes in quickly, people are always looking to the future.
Augmented reality and virtual reality (VR and AR)
At this juncture, most people who know about iGaming also know about virtual reality and augmented reality. The technology behind it is amazing but hard to understand. The biggest problem for contractors and developers is getting the price low enough so that most people will use it.
Right now, you can buy a headset for as little as $40, but most people want ones that cost around $400. There’s no question that VR games are more fun to play. AR is great for immersion because a computer-made image is put on top of what the user sees in the real world.
At the moment, the headsets are quite big, and the Virtuverse must be enhanced so that users can stay safe. The market will likely go through the roof when these improvements are made. Even though new technologies come out every few months, it will probably be a few years before most people use them.
Mobile Gaming
The biggest change to iGaming in the last ten years may have been the improvement of mobile technology. In 2020, 2.7 billion people worldwide played games on their phones. That’s about a third of all the people in the world. The basic games on the first mobile phones have changed quickly.
Now, players can quickly download and play very complicated games. The most played games on mobile phones are the ones that are free to play, but players are happy to buy things inside the game. There are so many different kinds of games, though:
- Horse-racing
- Card games
- Puzzle games
- Themed games
- Strategy games
Go to the Application Store or Google Play Store, and you’ll find thousands of games. Mobile gaming still hasn’t reached its full potential, which is hard to believe. Developers try to make graphics and stories more realistic and gameplay easier. Personalization is a big part of how mobile games will get better.
Improvements to online casino games
Live casino games are something that has been getting more and more popular over the past few years. Playing with a live dealer has brought in many people who used to only go to brick-and-mortar places. Now, you can play at a real casino from the comfort of your living room.
This is possible because of living streaming technology. Online slots were under constant development. Online slots used to be a game of chance, but now you can play ones that require a skill. In these games, AI is being used more and more. Finding out about a player:
- Likes
- Dislikes
- When a player likes to play,
- what keeps them playing for longer,
- How much do they want to spend?
- Their style of playing
- Favorite games
Thematic games are also getting more customized. Now that you understand how the game operates, you can:
- Quest progression
- Missions
- Hunts
- Story’s End
The player has more fun with this level of control. Players can get rewards by collecting power-ups and doing extra side missions. With AI, operators can find out which games players like and keep them interested by making changes based on what they like. AI will become more essential for game developers to keep up. They will also have to ensure their graphics game is strong and works as well as possible.
Cryptocurrency
In the recent five years, cryptocurrency has been a very popular topic. Most of the talk is about buying and selling it, so how will it affect iGaming? Cryptocurrencies can now be used to pay at online casinos. Some websites only accept cryptocurrency, which makes a new market.
Cryptocurrency supporters like the fact that they own their digital assets. They will think that online casinos that use cryptocurrency are just like them, so they will choose to perform on their platform. The finest thing about crypto is that it is the fastest paying method.
Many people think it hasn’t been used to its full potential, so players should anticipate seeing it utilized more often. The iGaming industry is always coming up with new ideas, so big changes are likely over the next ten years.
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The biggest tech trends in gaming in 2022
- Cloud gaming
- P2E Games
- Virtual Reality
- eSports
- Metaverse Games
- Artificial Intelligence
- NFT Games
- The Internet of Things
- Face recognition
- Virtual Avatars
What are essential new technologies for the iGaming industry?
- Virtual Reality
- Machine Learning
- Cryptocurrency
- Metaverse Games