Advancements in technology since the turn of the century have helped the iGaming industry become one of the biggest growth sectors on the planet.
With the popularity of online casino games showing no signs of slowing down, operators in the industry are undoubtedly set for an extremely lucrative future.
As with any burgeoning industry, iGaming firms must keep evolving by embracing new innovations to ensure their businesses remain successful.
Many of the things which passed for the norm in iGaming just five years ago already look dated and this will likely repeat itself again in the future.
With that in mind, we take a closer look at some of the key iGaming trends we believe will have a major impact on the industry in the next five years.
Live Casino Games
One of the most exciting innovations in the online casino industry in recent times has been the introduction of ‘live games’ by many of the leading operators.
Numerous casino sites have launched an exciting range of real money iGaming tables run by professional dealers and croupiers.
Powered by the latest streaming technology, live casino games effectively replicate the thrill of visiting a brick-and-mortar establishment in a digital environment.
With many players preferring live games over traditional digital variants, we anticipate they will likely become the go-to mode of play over the next five years.
MENA to Power Global iGaming Growth
Several European countries laid the foundations for the iGaming industry’s 21st century boom and many other jurisdictions have subsequently jumped on the bandwagon.
They include North America and Asia, while the Middle East and North Africa (MENA) has also made great strides in the past couple of years.
This trend has been forecast to continue apace, particularly in Arabian countries where luck games such as slots and roulette are growing massively in popularity.
Operators such as YYY casino have developed an Arabic version of their site specifically for the MENA region and this move will power further growth as new players sign-up for accounts.
Much like other industries which rely heavily on digital technology, the iGaming sector faces significant challenges with regards to issues surrounding data privacy.
This factor is particularly prevalent in jurisdictions where the legislative and regulatory system underpinning the sector is still in the process of being properly established.
We expect an increasing number of operators to utilise privacy-enhancing computation (PEC) to support their efforts to keep personal data safe over the next few years.
This combination of three technologies allows operators to collect data and collaborate with other organisations in a decentralised environment, thus helping them comply with data privacy laws.