Online Gambling Market Analysis Report By Type, By Device, By Region And Segment Forecasts From 2020 To 2027

Posted by on22 Sep, 2022

The Takeaway

Based on the reports about the growth of the US online gambling market, one can safely say that revenue generation is on the rise and will be growing with time. Since more and more states are regulating online gambling, it is safe to say that the participation of the masses will be encouraged in the coming years.

As global giants step into the field of digital gambling, it is likely to improve the performance and offerings of all the service providers. There have been continuous mergers, acquisitions, and partnerships involving both regional and global companies. These work to enhance the brand portfolio and give the companies a chance to expand beyond a geographical area.

Partnerships also allow for building a broad customer base. Since global investors are investing in live casinos, it is likely to be a prominent trend in the coming time. Pennsylvania and other regulated states are likely to see high participation from the masses in downloads and website visits.

1. All British Casino (www.allbritishcasino.com)

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All British Casino do right by the player in every respect, and this is one of the things that the team at LabSlots always watch out for. For one, this respectable online casino has been around since 2013, with plenty of time for its reputation to build up, so the team at LabSlots know exactly how they deal with players.

They offer a long list of casino games, which are sourced from dozens of developers, including NetEnt, Microgaming/Games Global, Novomatic, Big Time Gaming, or Play n GO, to mention just a few.

They also have a long list of payment methods, and they process withdrawals within 24 hours, which is always a plus. There is no maximum amount when you're cashing out.

If all that sounds good, there is a 100% welcome bonus of up to £100, which you can claim when you make your first deposit with them. Also worth mentioning are the 35x wagering requirements.

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Casino Lab

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Casino Lab is brought to you not only by Genesis Global Limited but also by a steampunk-inspired mad professor. The laboratory theme informs the layout and style of this entire casino site, and it works well. Steampunk was once niche, but it’s increasingly popular as a concept, and it makes for an exciting theme. While it would have been easy for Genesis Global Limited to let the theme do all the talking and go with a “style over substance” approach, they haven’t done that with Casino Lab. If anything, it’s quite the opposite. Casino Lab’s progressive jackpot pool regularly exceeds £25m, so this is a place for high-rollers as well as casual gamers. The Casino Lab professor has been kind enough to divide the gaming portfolio up into several categories to make your favourite games easier to find. You’ll find a whole area of the site dedicated to online slots with enormous jackpots if that’s what you’re after, but there’s also a dedicated area for Megaways slots, another for classic slots, a new releases section and far more. The range of slots and games at Casino Lab looks similar to that of Casino Joy, so it’s probably safe to assume that the number of games here is once again close to two thousand. You don’t have to part with money to play any of those games if you don’t wish to – players are welcome to play for free for as long as they wish until they feel confident enough to begin risking their money. That’s a basic, customer-friendly feature that too few online casinos implement, so it’s good to see it at Casino Lab.

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Bonuses

There are a variety of bonuses you can get while playing online games. Depending on the platform, these include; welcome bonuses where you earn a bonus immediately you sign up and log into your account with the online gaming forum in question, after placing a minimum required deposit. This is able to earn a handsome percentage cash back. On the other hand, deposit bonuses are earned when you deposit into your account.

Many are the online casinos that offer this type of bonus to their clients. There is also the free spin bonus where no wagers are placed. Instead you must spin the reels very many times, through which you get an opportunity to earn a small cut off the jackpot.

When it comes to loyalty bonuses, you enjoy special incentives which you may not otherwise gain access to. These are mostly awarded to the loyal clients who have remained attached to the online casino offering this bonus and play the games on this platform. It targets the return clients.

Other bonuses you may enjoy are no deposit bonuses, cash back bonuses, reload bonuses among others which all depend on the platform you use for your online gambling activities.

With bet365 games, you enjoy up to 60 free spins on exciting games. They also offer a variety of deals that allow for live stream sporting events which engages software that is compatible with almost all devices. This implies that you can engage in the games by practically any digital device. Play-in options here are also extensive with a massive selection of slot machines and table games. It has also passed as a trustworthy platform that is expected to remain active even in the future.

Worldwide Casino Games

What if you are searching for foreign gambling sites that focus on one specific type of game? There are many international online casinos that deliver the optimal experience for any particular genre. Below are some of the types of overseas casino sites for UK players:

  • International Bingo Sites
  • International Betting Sites
  • International Poker Sites

Active Genesis Global Limited Casinos

The following are Genesis casino sites that are currently active on the network and available to UK players.

  • Casino Planet (casinoplanet.com)
  • Casoola (casoola.com)
  • Kassu (kassu.com)
  • Casino Cruise (casinocruise.com)
  • Casino Gods (casinogods.com)
  • Casino Joy (casinojoy.com)
  • Casino Lab (casinolab.com)
  • Genesis Casino (genesiscasino.com)
  • Pelaa (pelaa.com)
  • Sloty (sloty.com)
  • Spela (spela.com)
  • Spin It (spinit.com)
  • Vegas Hero (vegashero.com)

Better visuals 

Over the years, video games in general have become more realistic – and the same goes for casino games. One of the reasons surely being that computer and smartphone technologies are advancing, game developers also had their part in this. Smartphones are like mobile computers with excessive-performance power. If you play the latest casino games, you can notice the improved graphics. Gaming developers are taking advantage of more computing power, and modern networks like 5G can deliver the games without latency to users.

We can expect further graphics improvements, better visuals, and higher resolution. In addition, more polygons will create an immersive experience.

solutions for every vertical.

Global Payments Gaming Solutions is working every day to help our clients capitalize on the emerging opportunities from digital gaming.  We offer solutions for every emerging vertical.

online casino gaming industry

There is a boom in the global casino gaming industry. The industry is registering the best growth rate across the globe. According to Goldstein Research analyst, the industry is all set to touch the mark of USD 264.1 billion by 2024. The agency also suggested that the online casino game industry is poised to grow at 9.2 percent CAGR during 2016-24. The online casino gaming industry is growing rapidly in markets like South Africa, Chain & Singapore.

The casino game is a popular game and favorable among adults across the world. According to research published by American Gaming Association (AGA), more than 49 percent of the adults in the USA considered the game as their favorite and the industry has registered a growth of four percent compared to the figures registered in 2018.

The overall growth of the online casino industry has pushed the confidence of the gaming industry business fraternity to new heights. The industry leaders of online casino gaming are confident and aiming to get good deals in the upcoming years. The leaders considered that supporting economic growth, high-quality entertainment, innovation, and technology adoption are the major factors for growth.

Game lovers and vendors in the industry have been witnessing a major change in the gaming atmosphere and speculating for a big change with the best entertainment experience in the upcoming years. The online casino game has been a distinctive source of entertainment for adults and game lovers. There are many games to be considered as most played online casino on the internet.

The game industry has been getting the attention of game lovers across the world. In Asia, Singapore is considered as an emerging market for the online casino gaming industry. The revenue of the casino gaming business has been increasing in this country. The revenue touched to USD billion in 2016 and it is speculated to reach new heights by 2024.

The rapid technology adoption by the gaming business fraternity has been considered as the biggest factor that brought a positive environment in the gaming zone. This helped for the new commercial initiatives, market penetration of online casino gaming and the gambling services are all set to achieve new milestones across the globe including Asia.

The contribution of Asia can’t be ignored as it contributes more than 41 percent revenge in the global casino gaming market. Whereas the share of North America is accounted for 38 percent and Los Vegas is very popular for biggest and popular casino gaming destinations.

The casino gaming industry is all set to register growth in the next couple of years, thanks to internet penetration and huge adoption of technologies across the world.

Each year the technology used by the online casino industry evolves. This allows operators to improve the user experience they offer, by providing faster, more convenient, secure, and immersive solutions. The evolving technology in the multi-billion-pound iGaming industry is one of the main reasons why more and more gamblers prefer to enjoy their favourite real money gambling activities online. Due to this fact, it is imperative for online casino businesses to stay on top of the latest trends and advancements in digital technology to remain competitive.

Here’s a look at three of the top technological advances in the global online casino world that have the potential to become long-term trends that evolve the industry.

How can Slotegrator help open an online casino?

If it sounds like starting an online casino can be complex, intimidating, and expensive, that’s because it can. Incorporating a business and navigating foreign bureaucracies are only the beginning of the hoops you’ll have to jump through. Platform development is no easy feat, and the due diligence checks you’ll encounter every time you want to partner with a new game content or payment service provider will be a constant administrative headache.

Many operators choose to cooperate with a software aggregator like Slotegrator to save time and money, avoid unnecessary struggles, and eliminate the possibility of making mistakes. Instead of negotiating a new contract and dealing with a new raft of due diligence paperwork every time the operator wants to add a new game developer, a single contract with an aggregator equips the casino with a full spectrum of games. Cooperating with Slotegrator also streamlines the due diligence process by maintaining relationships with game content developers, who often require less documentation from our clients.

In addition to our game content and payment service aggregators, our Turnkey platform solution can get your online casino project up and running fast, and our legal team can help you find your way through the labyrinth of international gambling licensing and regulations.

Get in touch with our managers today to receive more information on how our tailored business solutions can help you to launch, scale and expand your iGaming enterprise.

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Mobile Gaming Technology

The popularity of virtual casinos has also been boosted by mobile technology. With social media and mobile devices like laptops, tablets and smartphones, accessibility has become an essential aspect for gamers. Thus, nowadays, mobile games can be played around the clock without any hesitation and in addition win some money. Thanks to the rapid development of mobile technology, the gaming industry continues to offer numerous advantages. Online games allow people to play from the comfort of their homes. The mobile versions are the perfect solution for users who want to play anywhere, anytime and on any device. Moreover, mobile technology is a way to integrate social networks, competitive tournaments and real-time leaderboards. Therefore, considering the wide range of virtual games with live dealer options, players don't need to venture into traditional casinos and can enjoy gambling from the comfort of their home or apartment.

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Major Companies and Competitive Landscape

The global gambling software market is fairly fragmented, with a number of large and medium-sized market players accounting for a majority market revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, adopting new and more advanced technologies for offering innovative solutions to enhance gambling and betting experience. Some major players operating in the gambling software market are:

  • Cryptologic Inc.
  • Microgaming
  • International Game Technology PLC
  • Softswiss,
  • GammaStack
  • Sporttrade Inc.
  • RealTime Gaming Asia Pte., Ltd.
  • PointsBed Holdings Ltd.
  • Playetch plc
  • edict egaming GmBH

Social games may be the future of online gambling

Social gaming has become one of the latest trends in online gambling. This type of gaming involves playing games with other people online for points, virtual currency, or prizes. Social gaming can take place on a variety of platforms, including Facebook, mobile apps, and dedicated gaming websites.

Many social games are designed for short bursts, making them perfect for gamers who only have a few minutes to spare. In addition, social games often have built-in features that allow players to connect with their friends.

Many of the world’s top online casinos are now offering social gaming options, as this trend is forecast to continue. The growth of social gaming is due to the current popularity of mobile devices, the younger generations’ preferred platform for social media and casual games. Social gaming is a fun and convenient way to gamble, and the itnerconnected nature of mobile devices has only helped it grow.

Will the global casino market continue to grow: how technologies change it?

July 23, 2021

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    casino

    If there is one business that has been growing steadily over the years, it must be online gambling. Digital casinos are becoming more popular every day on nearly every continent for a number of very specific reasons.

    According to the report, the gambling market is projected to increase by $82 billion in the next three years, progressing at a CAGR of over 10% during the forecast period. The question we get to hear a lot these days is: Will the global casino market continue to grow?

    The numbers obviously prove the positive trend, but we want to explain how new technologies and other factors influence the evolution of online gambling. Keep reading to learn more about it!

    The Future of Casinos After the COVID-19 Pandemic

    Seeing the current situation and its development, experts agreed that the coming years would make online casinos even more popular, thus, reducing the relevance of land-based clubs. Although gambling websites will grow in popularity, after reducing the risk of coronavirus infection, the gambling market is expected to return to its “traditional look and feel.”

    The period from 2021 to 2023 will also be actively used by large gambling brands. How the emerging competition will affect the players? Since dozens of online gambling operators are currently on the web, they all will try to attract the audience and retain their regular customers. Therefore, players can count on the following incentives and will be able to choose the most attractive offers:

    • Registration bonuses, cashback, and other promotional offers will become more profitable. Promotions will be actively used by online casinos to attract new users;
    • Expansion of virtual halls will bring more slot machines, live games, and other quality gambling content;
    • The frequency of tournaments will increase. Audience growth will contribute to the improvement of gambling interactivity for maintaining interest in the game.

    All in all, in the fight for new customers, online casinos will offer great incentives to players and will make their service even better. And your mission would be to find a trusted online gambling operator. This is where https://bonuscasinoisland.com/ will do a great service to you. Check the site to know about the best casino bonuses, gambling games, and professional online gambling operators.

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