Richard WilsonOne big question that needs to be considered in regards to the online casino industry is, “have they reached their peak?” Obviously, technology is always advancing, but how much higher can it go? That’s not necessarily an indictment of a lack of creativity in the genre, more of a compliment to how advanced the mobile gambling sector already is.
We don’t know exactly how online casinos will evolve in the coming months, but there are some trends that indicate which direction they are going to go. Here are some things that are coming the way of online gambling soon.
The Metaverse
Many online gamblers love the convenience of being able to play blackjack sitting on their couch in their underwear, but there’s still something in the terms of a real casino feel. Even with a majority of consumers having access to mobile gaming on their phones, casinos are still packed because people love the experience.
One way to merge the mobile convenience with the physical casino experience is by creating online gaming in the metaverse. Gamblers would basically create an avatar that sits at table games and slots, conversing with other avatars as they all gamble in real-time.
Virtual reality, augmented reality, and mixed reality gambling will be a huge part of the metaverse. Instead of sitting at your computer directing an avatar around, pop the headset on and it’s like you’re instantly whisked away to the casino.
CrytpoCurrency
It’s a slippery slope when it comes to online gambling, taxes, and all the similar red tape that comes with the financial aspect of wagering. That is why the demand for more financial privacy has pushed casinos to be more geared towards accepting cryptocurrencies and more than just bitcoin.
There are a number of reasons why bettors prefer to use cryptocurrency for online gambling, the first is privacy. A financial institution shouldn’t need to know where your money is being spent and in some cases, neither should a spouse. Blockchain technology also makes it so every transaction is recorded and therefore chances of fraud and hacking are less prevalent.
Cryptocurrency also makes it so you can use more of your deposit to actually gamble with. There are no transaction fees at most quality online casinos, and cryptocurrencies come without other fees that third-party processors charge with dollars, euros, etc.
Security Trends
One of the trends that is a constant in online gaming is security, and that’s going to continue especially as technologies like virtual reality betting continue to be introduced. People also want transparency as they want to know that getting dealt a 9 while hitting on 14 in Blackjack was truly by chance and not because of nefarious reasons.
Better Games
Attention spans get shorter and shorter every year, so online casinos need to combat that by constantly changing the types of games that they offer. Some online slot sessions for example can go for hours, but the user stays more content if there are a variety of graphics, creative bonuses, pop culture-themed games, etc. Once you’ve played a slot-themed after the rock band KISS, it’s hard to go back to cherries and oranges.
Even More Lucrative Promotions
There’s competition even if a town has just two land-based casinos, so now imagine the online industry where customers have 100s of options of where to deposit their money. Competition is good for the gambler because casinos have to continue to lure as many users as possible and they do that with promotions.
We are seeing ungodly online casino promotions right now like 200% deposit matches or 100 free slot spins for new registrations. Those are only going to continue to climb especially as new online casinos continue to try and get their share of the market.
Summary
While many online casinos have built their brand by doing what works, they also need to evolve with the times and the competition. Online betting trends will continue to be built around improving technology, security, and the overall gameplay.
James Robert
