It is hard to deny that the iGaming industry would not have developed as successfully as it did without mobile technologies. Since the first smartphone was introduced 25 years ago, the online industry has gradually set its focus on mobile phones. Today, more than 40% of all income in the online sector comes exclusively from mobile gambling.
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Today, about 2.5 billion people in the world own a smartphone. According to forecasts, by 2020, this number will have increased to almost 3 billion. The passion for new technologies has brought China to the first place in the status of the main producer of “smart” mobile phones. In 2017, China produced singly more than 186 million smartphones.
Besides, 7 out of 10 users of new smartphones download games to their phone during the first week after the purchase of the device.
Once smartphones and tablets became an essential part of our daily lives, the popularity of online gambling has increased since then. The convenience and accessibility attract players because no longer you need to visit the casino or even sit in front of your computer. Thanks to mobile the gambling and applications, players can try their luck when they want: while going to work, having lunch or relaxing.
Now you can find many applications of the gambling content for phones based on Android and iOS at play Golden slots, including both free and real money the gambling. It is interesting that only a few years ago people preferred free games. Now, on the contrary, there is a tendency for games for real money.
It is obvious that the online gambling industry has grown very rapidly over the past few years. The websites have gone through various technological improvements, and the rapid change of the global technology environment has helped the industry to become one of the most profitable on the planet.
Nowadays, mobile content and virtual tournaments dominate in the field of iGaming and are rather popular than usual computer games which are losing popularity among players.
The future of mobile gambling
Seeing that gambling has become portable and mobile, software developers need to make their products more suitable for smartphones. Innovators in software development in the iGaming industry, such as Microgaming and Playtech, are already releasing high-quality casino games designed specifically for smartphones.
There have already been significant changes in the direction of mobile gambling development. Advanced technologies such as virtual reality and artificial intelligence which have long been popular with the gambling operators, can now change the image of the mobile the gambling industry.
Virtual reality is a trend that is already developing rapidly and which best prospects are still ahead. The introduction of VR headsets such as Samsung Gear VR, Oculus Rift, and PlayStation VR, helped bring virtual reality and online games closer to the players of the gambling world. But there are still many obstacles before this technology enters the mainstream of iGaming. This should be one of the most exciting events that will hit the world of gambling.
The rapid development of the cryptocurrency industry has an impact on many sectors of the economy, including the gambling industry. The whole world is talking about cryptocurrencies, many people want to have or trade them, and the iGaming industry is a sector with ideal conditions for the development of the digital currency. Also, bitcoins are no longer the only cryptocurrency known in the world. Dash, Ripple, Ethereum, and Dogecoin are just some of the rising stars that go after bitcoins.
So far, many online casinos have enlisted cryptocurrency, particularly bitcoin, among the traditional payment methods. This trend will continue in the coming years and, of course, will affect the mobile gambling sector.
Statistics of operators and bookmakers’ income from gambling on smartphones demonstrates a breakthrough in the development of the gambling industry. The fact that gambling will continue to gain popularity on mobile phones is undeniable. The factors which will contribute to the growth of popularity of mobile gambling are convenience and availability as well as a good introduction of advanced technologies and the young generation of players who are interested in it.