Studies indicate that the global gambling industry is expected to reach a value of $565.4 billion in 2022 with an annual growth of 5.9%. This is an indication that it’s growing at an exponential speed. The growth is mostly driven by the development of new technologies. The industry doesn’t seem to be slowing down in 2022 with more developments and trends emerging. We have seen casinos add features such as no deposit bonuses, online pokies for real money, cryptocurrencies as a payment method, and live gaming in the recent past. This is an indication that new trends keep coming into the casino industry.
Why Casinos Should Follow the Latest Casino Trends
Casinos need to follow the latest trends for the following reasons:
Gambling is cyclical and trends often change. While some betting methods fly off the market, others enter and rise to the top. To stay relevant, casinos need to understand these trends and move with them. For instance, in the recent past, we have seen the rise of live betting. Any casino that has no live betting feature is likely to become irrelevant.
Stay Ahead of the Competition
Casinos that follow market trends are likely to be market leaders and not followers. They stay one step ahead of the competition and become trend markets. Following the latest trends can help casinos become better equipped to learn from the future. Players will also trust your casino to be in the know. They will want to keep up with what you are doing.
Provide Early Warnings
By following trends, casinos can understand where the industry is heading. They can get early warnings on outdated gambling methods and software. They can, therefore, create new systems early enough.
Many gamblers are now using cryptocurrencies for their online gambling because of anonymous transactions. In return, casino operators continue to add different cryptos to their payment methods. One of the benefits of using cryptos for gambling is that the restrictions that are put in place by financial institutions aren’t binding on the operators. The blockchain-based currencies are also likely to increase the transaction and onboarding speed. Some of the most popular cryptocurrencies that are likely to dominate the online gambling space include:
- Binance Coin
Using Smartwatches for Gambling
Smartwatches have become a popular way of keeping track of our steps, sleep, and general well-being. While many online casinos can only be accessed through desktops and smartphones, one of the trends that are catching up is the use of smartwatches to gamble. Some of the leading software developers such as Microgaming and Playtech have seen the potential of the wearable gambling markets and have created slot apps that work with Apple watches.
Smartwatches enable gamblers to play while on the go. The watches also have an immersive design that takes the gaming experience to the next. Players only see the information they need without getting distracted by too many buttons. This is why the use of smartwatches for gambling is a trend that we are likely to continue seeing in 2022.
Improved Mobile Betting Platforms
With mobile phones becoming the norm, we are likely to see more platforms that are geared to people playing on their smartphones. Players should be able to access key features such as the no deposit bonuses on their mobile phones. Casino operators will continue improving the gambling experience on mobile devices. A mobile-friendly site should:
- Be compatible with the standard operating systems such as IOS and Android;
- Have a stripped-back and easy to navigate content;
- Have some easy to read pop-ups;
- Have a fast loading speed;
- Have a wide range of games.
Enhanced Virtual Reality
Casino operators keep trying to improve their customer’s betting experience and we are likely to see the trend continue in the second part of 2022. One of the ways in which they are doing that is through virtual reality (VR) casinos. VR gaming is an interactive way of playing your favourite games on a compatible gaming platform using special headsets and other accessories. To enjoy the enhanced VR experience, gamblers only need to buy a VR set and register with an operator that provides a service.
Online casinos that offer VR experience provide games and other advanced technology such as gesture imitation, live interactions, and 3D avatars. It, therefore, offers players an opportunity to interact with other players, and play the best VR slots or live table games such as blackjack, roulette, or poker. The VR adventure fills the gaming with thrill, emotions, and virtual human interactions. The interactive experience will continue to pull players to online gambling. On the other hand, casino operators will continue to enhance the VR experience to pull in more players.
In the recent past, we have seen an increase in the popularity of e-sports betting. This involves betting for the outcome of a live match. Players love the fact that they can place their bets on various matches and get the outcome of their bet immediately after the game is over. Casino operators have now made eSports betting to be more interactive with features such as live streaming, stats, social media, and more. In 2022, esport betting will continue to be a growing trend as it allows for a new data-driven customer experience, more accurate gaming, and bigger in-game betting opportunities.
FAQs on Casino Trends in 2022
Here are the frequently asked questions on Casino trends:
How will virtual reality affect the gaming industry?
Virtual reality is providing gamers with better and more fun and more interactive playing experience.
Are VR slots available on mobile phones?
VR table games and slots are available on a PC/ laptop. Some games are inspired by the VR casino and are available on Google Play or the App Store. But to play them, you need a quality VR headset.
Why do gambling smartwatches work?
To use gambling smartwatches, gamers should install their preferred app. They should then set up their account and place a deposit.
With technology advancing at breakneck speed, bringing innovations such as virtual gambling, and 3D casinos seem to be the obvious measure. In 2022, we are likely to continue seeing great innovations in the industry. This is why casino operators should stay abreast with the latest trends in the industry. As of now, the above are the top trends we expect to continue seeing in 2022.