Slotegrator Anticipates a Bumper Year for the Online Gaming IndustryPublished February 17, 2018 by Brett C
With 2017 in our rearview mirror, casino aficionados at Slotegrator are looking ahead to analyze the trends and possibilities of online casino gaming in 2018. Foremost on the list are VR technology, Live Casino, and Skill-Based games.
According to Slotegrator, rapid growth and development of the online gaming industry is set to continue through 2020 when its profit will exceed $60 billion. Beyond that date, consolidation of the industry will take place.
Game diversity will continue unabated, as operators compete for customers. All of this will be taking place against a backdrop of storage and collection of big data. Developers will be able to understand their players better by delving into customer preferences.
Games will span multiple themes including food, TV, film, current trends etc. Online casinos will populate their virtual shelves with thematic games featuring interactive elements. Slots will include more film-themed attractions, and healthy competition is likely to grow. Interaction and engagement will be boosted by enhanced Gamification.
We will see things like prizes being offered for registrations, various contests for sign-ups, and the completion of unique tasks to get players interested. Casinos are already offering free spins, no deposit bonuses, no wagering requirement for bonus offers etc. Enhanced benefits via loyalty programs, the inclusion of daily promotional offers and more engagement with customers are the norm.
Live Games Forecast in 2018
More live casinos are entering the scene than ever before. This will continue in 2018. Various innovations, products and technologies are evolving in this lucrative sphere. As Internet connection quality and speed increases, so too does the audio-visual content of live streaming entertainment.
Skill-Based Games Forecast in 2018
Unlike chance-based games, skill-based games require tactics and strategy. These games such as Blackjack, Poker and the like are becoming increasingly popular. Various online gaming platforms have now developed strategies and standards for skill-based games. They are already targeting specific clientele who enjoy managing the games they play.
Virtual Reality Technology in 2018
Virtual reality is already a global phenomenon, albeit in its infancy stages. Once it gets off the ground, it will find mass appeal in the online gaming industry. Large developers are invested in VR technology, and the reduction in prices of hardware and software will mark a watershed moment in the online gaming industry. With VR, it’s possible to spin the slots reels, place your roulette bets, and play Blackjack and Baccarat to your heart’s content. Profit in the region of $110 billion is expected by 2025.