How Are The Online Industry Changing In 2021?

April 13, 2021

The Online Industry has witnessed a lot of progress over the past few years.

Due to this, many punters have transitioned from playing traditional land-based games to online slots pay by mobile games. Estimates show that revenues from the online slot and casino industry will hit almost $1.3 billion by 2021. In this piece, we will walk you through the possible changes of the industry in 2021.

Trends to expect

Here are some changes to expect in the slots and casino industry in 2021.

  • Better mobile gaming

More gamblers are finding mobile gaming to be convenient because they can play it from the comfort of their homes. In the years to come, there will be an increase in the number of mobile gaming. The year has seen a growth in the numbers of online slots, virtual sports, and casino games. With the help of HTML5 technology, more casinos are providing apps with better features.

It is estimated that the mobile gambling industry will have a 59% share of the gaming industry by 2021.

  • VR Gaming

There is a gradual rise in the prominence of Virtual reality gaming. It has seen steady progress and it is changing the face of the gambling industry. Although it is currently not widely used, it is expected that more casinos will adopt VR gaming in 2021. One unique thing with VR-enabled casinos is that they provide gamers with an experience that has a great semblance of playing in a real casino. It is estimated that over 200 billion pounds will be made from the virtual reality gambling market in 2021.

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  • The crypto-influence

Although there are currently several channels for withdrawing money in a casino or slot account, the rise of cryptocurrencies represents an easier option. One benefit of cryptos is that they don’t need a third party thus boosting anonymity. Also, with cryptos, the gambler can avoid bank charges.

More casinos are adopting crypto-currencies as a valid means of payment. This trend will continue even as more casinos adopt such coins as means of payment in 2021.

  • Electronic sports betting

More recently, sports betting seems to be taking a better share of the online gambling industry. More punters are betting on their favorite sports such as tennis, football, and the likes. The abundance of mobile devices in the market has made this easier and more affordable. The option of being able to play it from their homes instead of going to the outlets makes it all the more appealing.

  • The decline of land-based casinos

Land casinos are currently feeling the heat from their online counterparts. This has caused a decline in the popularity of land-based slots and casinos. The advantages which the online platforms have over their land-based counterparts have seen them rise in earnings as well. 2021 seems like a bad year for land-based casinos when compared to online casinos.

Final thoughts

The expected changes for the slot and casino industries in 2021 may not be drastic, but they are sure enough to advance them. With innovations taking the center stage, the future couldn’t have been better.

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