It’s hard to believe that we’re already halfway through the year, but with 2023 just around the corner, it’s time to start thinking about the top trends in online gambling that are expected to take off over the next 12 months.
From Augmented Reality (AR) gaming experiences to legalized sports betting in more jurisdictions, here are five of the hottest trends you can expect to see in online gambling in the future.
1. Crypto casino
We already see a few casinos that accept cryptocurrencies, which will only become more popular in the next few years.
Cryptocurrencies offer many advantages for both casinos and players, including anonymity, lower fees, and faster transactions.
One of the most popular cryptocurrencies for gambling is Bitcoin, but we’re also seeing Ethereum and Litecoin being accepted by some casinos.
We expect to see even more casinos accepting cryptocurrencies in 2023 as the popularity of these digital currencies continues to grow.
2. Virtual reality
Virtual reality (VR) is one technology that has been slowly creeping its way into the online gambling industry over the last few years and it’s not hard to see why.
VR provides a more immersive and realistic experience, making games even more exciting.
While VR casinos are still in their infancy, we expect to see more and more operators offering this type of gaming in the next few years.
One company that is already ahead of the game is SlotsMillion.
They were one of the first online casino to launch a virtual reality casino back in 2015.
And since then, they have continued to innovate with new VR games and features.
We think VR will become increasingly popular in the online gambling world and could even develop new types of games that can only be played in virtual reality.
3. Mobile betting & social gaming
The rise of mobile betting and social gaming are two of the most significant online gambling trends for 2022.
Mobile betting is expected to grow at a compound annual growth rate (CAGR) of 11.24% between 2020 and 2025, while social gaming is anticipated to have a CAGR of 12.54% during the same period, according to a report by Grand View Research.
With more people than ever before using their smartphones for everything from checking the weather to checking their bank balance, it’s no surprise that mobile betting is on the rise.
What’s more, as technology advances and more people become comfortable with making in-app purchases, even more people will likely start betting on their mobile devices.
4. Smartwatch gambling
The next big thing in the gambling industry is wearable technology and one of the most popular wearable devices is the Apple Watch.
A few apps already allow you to place bets and track your progress on your wrist and we think this trend will only grow in popularity in the coming years.
The main reason why smartwatch gambling has been slow to take off is that the screen size is too small for most casino games.
But we think that will change as developers create more gambling apps specifically for smartwatches in the next few years.
5. Augmented reality
Augmented reality (AR) is one of the hottest topics in both the gaming and gambling industries.
AR technology allows players to experience casino games in a whole new way by placing them in realistic virtual environments.
For example, imagine being able to walk into a virtual casino where you can see other players placed around real-life tables.
This technology is still in its early stages, but it shows great promise for the future of online gambling.
Safer gambling
The first and most important trend is safer gambling.
Online casinos must implement measures to protect their players from excessive gambling.
This could include setting limits on how much money a player can bet per day or week and introducing cooling-off periods and self-exclusion options.
In addition, online casinos will need to provide more information about the risks of gambling and how to gamble responsibly.
They will also be required to contact players who may be at risk of developing a gambling problem and offer them help and support.
These measures will help create a safer online gambling environment and make it more enjoyable for everyone involved.
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