The year 2020 was indeed strange. COVID-19 has dealt a massive blow to the entire economy, and various sectors have been adversely affected. However, like every once-in-a-century event, the pandemic has also opened doors for many new business opportunities. Online casinos are one of them. Online gaming websites and casinos are increasing by leaps and bounds.
This is just the dawn for the online gaming industry in India. In the coming years and decades, we are going to see some paradigm-shifting changes in this industry. This article will discuss some of the most exciting gaming technology trends that we can expect in 2021.
Exciting Trends in Gaming Technology in 2021
- Bigger Participation
Online gaming has for very long been associated with nerds playing video games from their isolated dorms. However, this is going to change forever. We are already seeing a 13.2% increase in online casinos’ market share compared to the last year. The total revenue generated by online casinos was approximately $67.5 billion. By 2023, this figure is expected to reach $92.9 billion.
Two significant reasons for the increase in market participation are:
- Smart Phones
Smartphones with their better internet connectivity, better performance, wider screens, and payment options have changed the face of online gaming and gambling. Websites like AskGamblers provide great features that can be accessed through smartphones, too.
- Legalization
With countries like the United States and New Zealand allowing online gambling, the reach for these online betting games have widened dramatically.
- Blockchain will go Mainstream
The coming decade is the decade of cryptocurrencies. Online gaming websites have already started accepting cryptocurrencies as a preferred mode of payment in countries where it is allowed to do so.
Blockchain technology offers a safer and better way to manage your money on these gaming websites. This leads to an increase in the trust factor, and hence, people are willing to spend more on these gambling websites.
- Responsible Gambling
As more and more people enter the world of online gambling and gaming, the more responsible and regulated will the entire operation become. The gambling websites are taking the financial and mental health of its customers seriously.
In countries like the UK and Sweden, online gambling is a highly regulated market. Online casino operators are required to meet responsible gambling standards. These gambling standards include setting an age restriction for participation, educating users to be responsible while gambling, and lowering incentives and bonuses.
- Augmented and Virtual Reality (AR & VR)
Augmented reality and virtual reality have already made an immense impact on the gaming industry. Online gambling casinos will now take this a notch higher by promising players a complete immersion in the gameplay. This is bound to take their gaming experience to a whole new level.
AR & VR can also allow a community-based approach to meet and play in a virtual setup. This will restore the essence of physical and traditional casinos.
- Bigger and Better Players in the Market
The online gaming and gambling market is still in its nascent stage with governments slowly and gradually allowing them to the mainstream. Hence, as the industry grows, bigger and better names are going to join this industry.
This will increase the competition in the online gambling sector. This is great news for the customers. This will lead to better incentives by the new players and bigger infrastructure for online gaming.
- Live Dealer Games
This takes the experience to a whole new level. Live gambling has made the luxury of casinos to reach the comfort of your home. This is why live dealer games have seen a tremendous spike in demand. They are more fun to play and give you the feeling of playing in a real casino.
- Cool Upgrades and New Games
This is an industry where you just can’t stay complacent. You have to innovate and keep proving fun to your customers. That is precisely why they are here for.
Hence, this year too, we will witness some significant upgrades in the traditional games. You can check the official website of AskGamblers to see all the latest advancements and new games in the online gaming world.
Conclusion
Online gambling and gaming is an industry that has immense potential. It is still in its initial stages, and we will see some significant changes happening in this industry in the coming years. If you want to enjoy and play online casino games in India, you can check some websites like AskGamblers who provide an excellent interface for users to play online games. The cool features and ease of use will surely entice you to play a few games and to enjoy and play online Casino games in India, right from your home.