What changes we can expect to see in the online casino industry in 2020

The numbers have been crunched, the votes tallied and the results are in. Experts have researched the trends we should be on the lookout for in online gambling and online casinos this year. With great new technological advancements, amazing algorithms and better chances to win, 2020 might just be the year that we are laughing all the way to the bank. Here are a few of the aforementioned improvements that we will be seeing over the course of 2020.

Crypto Dominance

CryptocurrenciesAt this point, we have all been given the option by one of our favourite sites to use Cryptocurrency instead of conventional funds. If you got on board last year, well done! If you have yet to research this alternative payment method now would be a good time to do so as the experts have informed us that crypto-currency will not be on its way out anytime soon. There are many benefits to using this method of betting such as faster transaction times, quicker conversions, and more privacy and if you are unable to use your credit card on any particular site then this is the option for you. If you are still not completely convinced, bigger gambling sites will hold onto the traditional banking methods for a bit longer but it is just a matter of time before crypto-currency completely dominates this industry.

Changes in Consumer Habits

With everything in life being faster-paced and always on the move, it is no wonder that free to play mobile games have experienced an increase in users. While there are hardly any actual risks of losing but also no chance of winning, players have opted to use this platform as a means of entertainment on their way to work or to unwind after a busy day. Whilst these players are not currently considered “consumers” in the industry, the data provided does indicate that Online Sites and traditional casinos will see an increase in their consumer numbers this year due to this.

More Live Dealers Live Dealers Online Casino

If you have been using a specific site and have slowly noticed a change in the graphics and setup of the games you play, this is why. Players have indicated, across a range of surveys, that they first elected to play on a certain site due to its very “human-like dealer”. As humans we are more interested in not just the numbers, but the holistic experience. As humans, we also want things to be easier and more convenient. Insert: Live dealers. While players feel like they are engaged in a human- to- human interaction, there is no need to actually leave the comfort of their homes to experience the thrill of playing games like Blackjack or Poker. Customer ease and less effort is the winning combination with regards to this trend.

A Rise in VR Gaming

With the previously mentioned point, consumers want to experience something as close to real-life as possible. This is where VR technology comes in. VR equipment can now be used to create an immersive and engaging online gaming experience for all gamers around the world which is why it has slowly made its way into online gambling. The more popular software developers have already showed their ability to make this dream a reality and they are slowly incorporating the software into the sites for their consumers to enjoy. This trend is definitely part of a greater evolutionary path that the industry is taking and consumers have been encouraged to be open-minded and invest in the VR equipment required to give them an exceptional and world-class experience whilst playing their favourite game.

A Decline in Land-based Casinos Land Based Casino

Due to the technological advancements that are reaching into the industry, conventional land-based casinos are seeing fewer consumers walk through their doors. Players have opted to save themselves the time, money and effort of making their way to the casino and have joined the virtual revolution by engaging in their favourite land-based casinos virtual counterparts. Beside the aspect of consumer ease, online games can upgrade the experience provided in about 12 minutes (depending on your OS and wireless speed) which really gives this facet of the industry an edge that was previously believed impossible.

New Table Games

In order to keep consumers on the floor, casino operators have investigated and created a few more table games for their players to enjoy. The more traditional games played in a casino require skill and practice that we do not all possess. As a result of this, they have introduced a few more games for the average gambler to enjoy without feeling insecure and out of place.

As you can see, 2020 is shaping up to be a year of great change. With technological advancements, easier games and Virtual realities, it will surely be exciting to see what developers will do next.

Last Updated: August 24, 2020