There is no doubt that the gambling industry is constantly changing as operators and players alike embrace new technology. It has particularly changed over the past two decades or so, first with the Internet and more recently with growth-enhancing mobile gaming.
Just a decade ago, it was almost impossible to play sports betting, poker or casino games without visiting a regular casino. Today, you can play your favourite casino games anytime, anywhere, using your mobile device. Looking to the future, mobile gambling will remain one of the industry's biggest growth drivers, and many experts say that growth to date is just the tip of the iceberg. But how are mobile gaming and betting changing the gambling sector?
- Better choice of games and experiences
It used to be that mobile games were usually associated with poor gameplay, crappy graphics and poor quality. But all that has changed with the advent of more powerful smartphones, allowing players to enjoy games better than on desktop computers. The mobile development environment also allows software providers to create a variety of games at an accelerated pace.
For now, players can experience everything digital gambling has to offer, from live dealer games to sports betting. In this way, you can feel as if you are playing blackjack at a Vegas casino from the comfort of your own office or home. They can also take advantage of mobile casino benefits such as free spins, bonuses and other promotions. If you want to find great mobile betting sites and get some of the best casino bonuses, you can visit https://ngslt.org/ , to learn about their bonuses and reviews.
This steady growth has been seen over the last 10 years. In 2012, for example, mobile gaming revenues grew by a staggering 75 per cent, and by a further 84 per cent in the following two years. Some industry leaders and analysts predict that more than $106 billion will be posted annually through mobile devices by the end of 2021.
Other forecasts are more optimistic, given the impact of the pandemic, noting that mobile gambling revenues will exceed $150 billion by 2021. And with more than 164 million players visiting mobile casinos, there is no sign of a slowdown. This trend has certainly demonstrated the viability of mobile technology and apps for the gambling industry: many players can play casino games and bet on sports markets from the comfort of their own homes.
- Mobile gambling and land-based casinos
As the pandemic is already eating away at revenues from land-based casinos, betting shops and conventional sports bookmakers, the growth of mobile gambling will continue to compound their problems. These physical betting shops have found it very difficult to attract players to their casinos.
Naturally, people prefer to play casino games and bet on sports from the comfort of their homes or on the go, using their smartphones. In response, some land-based casinos such as Caesars Palace, Tropicana Casino and Borgata Casino in New Jersey have introduced mobile apps to compete with mobile casinos.
Of course, mobile gambling cannot offer the social element inherent in land-based gambling. That's why some mobile casinos have introduced chat rooms and offer cash banking options such as PayNearMe to replicate the anonymity and socialisation of their traditional counterparts.
As we pave the way for new technologies, mobile gambling is also opening up access to augmented reality (AR) and virtual reality (VR) gaming. This brings online gambling closer and closer to the real feel of a land-based casino.
- Faster, more convenient payment methods
The ability to deposit funds to play is one of the most important factors for casino players. Mobile gambling has introduced some of the fastest, safest and most secure banking methods. Pay by phone, Apple Pay, PayPal Mobile and Neteller are some of the payment methods that allow mobile casino players to deposit and withdraw funds quickly and seamlessly.
Similarly, mobile gambling has also killed (or has killed) banking methods, which have traditionally been considered inconvenient and slow. Here, think about postal checks, bank transfers, etc. The advent of mobile wallets means that deposit and withdrawal times have become much faster, and the vast majority of transactions are done instantly.
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Withdrawal
The mobile gambling market has grown significantly over the last few years, almost doubling gambling revenues in the last year alone. This has helped to shape the casino payments landscape, increase the variety of games and bring cryptocasinos to the forefront of the industry.