Online Casino & Gambling Trends in 2021 and Beyond
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The revenue from the global online gambling industry in 2021 will hit the $1 trillion mark. The industry is expected to grow at 11 percent annually until 2024. Mobile casinos are gaining more traction as consumers prefer playing casino games on their smartphones and tablets.
Mobile gaming will dominate the gaming market by 2021. The HTML5 technology is making it easier for gamers to play online games on their smartphones. The mobile gambling industry will grab the share of nearly 59 percent of the market.
Cryptocurrency-based online casinos are big and upcoming trend. In crypto- based transactions, there will be no third-party involvement.
E-sports betting is one of the fastest-growing segments in the online casino betting markets. In the US, only 17 states permit sports betting, but in 13 more states, regulation changes are underway to allow it.
Virtual Reality (VR) gaming is now a reality in the online gambling industry. It will generate nearly $250 billion in virtual gaming industry by 2021. Leading online casino companies will continue to explore new opportunities to offer more exciting gaming options to attract consumers.
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