Top 5 Main Gambling Trends in 2023
The global online casino sector was valued at $97 billion in 2022. By 2024, this figure is forecast to reach $122 billion. If gambling companies are to capitalize on this growth and capture more of the market, they need to make sure their products speak to emerging online casino trends.
In this article, we will look at 5 main gambling trends in 2023 that are worth paying attention to.
Virtual and Augmented Reality (VR/AR)
Facebook/Meta's announcement of the creation of Metaverse pushed VR/AR further into the spotlight and continues to drive greater immersion in casino games. Some casinos, like Poker Stars Sport, already offer VR products.
Many of the features offered by VR — such as gesture imitation, 3D-avatars and live interactions — mean that the digital poker experience now much more closely resembles the real thing.
Esports Betting at Online Casinos
Betting on esports is a game changer for bookmakers, as they allow for new data-driven customer experiences, more accurate betting and greater opportunities for in-game betting.
Cryptocurrencies in Gambling
Popular cryptocurrencies (Bitcoin, Ethereum and Dogecoin) will complement classical currencies and make financial transactions faster and more convenient.
Bitcoin casinos are very popular among players and more and more online casinos give their customers the opportunity to make a deposit in cryptocurrency, and thus attract more customers to their site.
Safer Gambling
New safer gambling regulations continue to come into force that shape the design of online gambling experiences.
Many online casinos already offer pop-up windows that warn users when they have been playing for an extended period, while others encourage gamblers to set their own deposit limits.
Gambling on Smartwatches
While most online gambling sites are only accessible through computers, laptops, tablets, and smartphones, several trailblazers already offer smartwatches services. It’s not a surprise that online gaming companies have decided to enter the wristwatch market, which is anticipated to reach $140 million.
Smartwatch casino applications are currently available from industry leaders like Playtech and Microgaming, with more suppliers working to develop suitable games, making gambling even easier for users.