2020 has seen an influx in the number of registered online poker players and gamblers in general. The increase could result from the evolution of technology, an increase in online casinos, or the accessibility of these services. Whatever the cause, the online casino industry is set to continue thriving and evolving as time goes by.
Here are some of the trends you can expect to see in the casino industry in 2021.
An Increase in Crypto and Blockchain Online Casinos
For some time, online casinos and poker rooms have added cryptocurrencies to their lists of payment methods. Cryptocurrencies come with numerous advantages that will benefit online casinos. They offer players lower transaction charges than other payment options. It is a win-win for both parties as online casinos enjoy better margins and players, better odds.
Blockchain technology has also brought transparency in online casinos’ operations, with many betting websites implementing them. As players are always demanding transparency, more online casinos and poker rooms will likely begin to embrace blockchain.
A Surge in the Use of Augmented and Virtual Reality
The gaming industry has been using these new technologies for several years now. PokerStars VR is but one such example. However, they are not common in the online casino industry as they were introduced into the market recently. Virtual and augmented realities making online betting more realistic, which enhances players’ gaming experience. In 2021, you can expect a combination of these two realities to be offered by more online casino operators.
Upon the integration of virtual and augmented reality, more people are likely to register accounts at online casinos. These two technologies will open numerous opportunities than ever before. Online betting can only get better in 2021.
Emergence of Low Wagering Casinos
Online betting has become a very competitive business and everyone wants a piece of the pie. With the competition becoming so strong, online casinos need to come up with new ways of outdoing their competitors.
One trick you can expect to see in 2021 is more casinos offering lower wagering requirements. As a player, you ought to be looking for casinos that have a lower wagering requirement attached to their welcome bonuses. Such a requirement helps players withdraw their winning within a shorter period. As you surely know, players frequent online casinos and poker rooms for two things; the fun experience and the opportunity to win money.
That means that casinos will have to consider their players’ needs and meet them. Lowering their wagering requirements is one way to do so, and therefore, you can expect to find more operators that offer this in the years to come.
Mobile Betting Dominance
More than a third of the world’s population owns a smartphone and internet connectivity has also grown tremendously. Even the remotest areas in the world have internet connection. Unlike smartphones that are affordable worldwide, not many people have access to a computer due to its cost.
With this in mind, more casinos are likely to tap into the mobile gambling market and invest in improved mobile offerings to offer their services. In 2021, online casinos will invest heavily in making their games mobile-friendly. Players will be able to access more games from the comfort of their home or while on the move.
Expect to see casinos apply in-game models to enhance their revenue. Many poker rooms have already successfully experimented with this. You can also expect personalized customer experience through mobile betting bonuses and boosts.
Casinos will Pay More Attention to Responsible Betting
With online betting becoming a favorite pastime activity for many people, there is an increase in betting addiction. This has been the topic of discussion regarding betting for the longest time. People are risking and losing large chunks of money betting and it is affecting them and their families. There have been cases of players going into depression while others turned to hard drugs and some ended committing suicide.
Some addicted gamblers also turn into petty thieves to sustain their betting lifestyles. In the coming years, expect to see more online casinos promoting responsible gambling, especially with increased legislation surrounding the issue, online casinos will start paying more attention to it.
These are just some of the many trends you can expect to see in the online casino and poker industry in 2021. There is so much happening in this industry, and next year will certainly be an exciting one.