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Over the last few years, the online casino industry has grown dramatically. This growth exploded between 2020 and 2022 partly due to the COVID-19 pandemic, which made gaming fans look for alternative ways to enjoy their favorite games. The current online gambling market value is worth slightly less than $100 billion.
With more developments and advancements projected, the sector is not slowing down any time soon. Online players have a wider range of gaming options to choose from. The best thing is that you can enjoy these games from the comfort of your home.
With new trends emerging every day, the following are factors to consider when exploring online casinos in 2022.
1. Deposit Bonuses
Most online gaming platforms have seen the value of rewarding new players for registering for an account. These offers have significantly impacted the number of gamers signing up for accounts in past years. Fortunately for you, we expect to see more and improved such bonuses in 2022.
Deposit bonuses are prevalent in many online casinos. At NeonVegas Casino, everyone qualifies for a bonus. This presents an excellent opportunity to increase your initial bankroll while enabling you to enjoy more casino games.
However, when researching the best online casino offers, you must check their reviews or the attached terms and conditions. This will help you determine the best gaming platform for you with the latest deals and exciting bonuses.
2. Cryptocurrency Payments
The role of cryptocurrency in online gambling is expected to grow in 2022. The incorporation of decentralized digital currencies has improved the market penetration of online casinos, especially in jurisdictions where regulations made it challenging to access in the past.
Blockchain technology has helped create provably fair casino games and crypto lottery formats. It is almost impossible to manipulate or hack the random number generator (RNG). It has also improved transparency in all gaming formats because all crypto transactions are verifiable on a digital ledger.
The popularity of Bitcoin casinos has risen immensely. Besides traditional FIAT payments, top online casinos accept deposits and withdrawals in cryptocurrencies like Bitcoin, Ethereum, or stablecoins such as USDT.
Crypto’s anonymity gives you financial freedom highly valued in online gaming. Also, since the transactions don’t have to go through a bank, they are fast and remove the risk of blocked transactions or account closure.
3. Mobile Betting and Wearable Tech
Your mobile device allows you to perform almost any online operation. This includes enjoying your favorite online casino games. Mobile gaming has positively affected the expansion of online gaming, which is expected to continue in 2022. It has been vital in the growth of social gambling by enabling friends and family to enjoy their favorite games together remotely.
It is now a basic requirement for online casinos to have an app. However, the platforms need to simplify the registration of new players and include a module tech stack within the application to enable and disable some features. The app should enable you quickly access relevant games by optimizing discoverability.
Besides mobile devices, playing on smartwatches and other wearable devices is rising. But operators find it difficult to develop ideal experiences for these devices due to the differently sized and shaped screens. The high number of proprietary software can also be challenging.
With the smartwatch market projected to reach $140 million, it is no surprise that some game providers are already developing casino apps optimized for them.
4. Hybrid Casino Experiences
The concept of Virtual Reality (VR) has existed for a while, but it wasn’t prevalent in the online gaming industry as it is now. It allows more people around the globe can play with greater immersion. Although several VR casinos are in operation, the Metaverse is evolving rapidly, making immersive experiences more desirable and mainstream. This will increase the demand for Virtual Reality (VR), Augmented Reality (AR), and Mixed Reality (MR).
The current VR casino experience features games and advanced technology such as gesture imitations, live interactions, and 3D avatars. Games such as online poker will be revolutionized by VR, making them look like the real thing. VR-based online gaming platforms use artificial intelligence (AI) to enhance customer experience and improve security by detecting fraudulent practices quickly.
Although VR and AR technologies are making huge strides in the online casino sector, they are still a few years away from taking off. The cost of the gear needed for the experience is the biggest obstacle they face.
5. E-Sports Betting
Thanks to the online gaming sector developments, E-Sports betting will have more opportunities in 2022. What was recently a niche market with little space for expansion will now experience unprecedented growth.
Online casinos and sports gambling go hand in hand. Many online gambling platforms operate sportsbooks that enable you to wager on American football, soccer, basketball, horse racing, and other sports.
Younger players find electronic sports (E-Sports) more appealing since it enables betting on top video game titles such as 2K, FIFA, multiplayer fantasy game DOTA 2, and first-person shooter PC games Call of Duty: Black Ops and Counter-Strike Global Offensive (CS: GO).
Many TV providers are beginning to include E-Sports-oriented channels in their premium packages. You can pay to watch and wager on the results of various video games. Players with exceptional skills are not only making money from E-Sports but also gaining celebrity status.
6. Improved Gaming and Visual Experience
Traditional slots and casino games are no longer appealing to younger players. This has forced casino software providers to invest in developing more interactive online games which merge gambling with skill and socializing capabilities.
Also, more online casinos are integrating incentive-oriented features on their platforms to maintain players’ interest and immersion while playing. These features may include tournaments, challenges, the casino’s special currency, and amassing points.
Besides entertainment, there is a huge demand for fast, smooth, and seamless gaming. Most online casinos have invested heavily in updating their platforms to support easy navigation and provide a responsive user interface (UI) regardless of the device.
