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Actual updates of the global gambling market in 2022

The gambling market is growing more and more: in 2022, the turnover of the global gambling market should be about 525 billion dollars. In 2014, for example, it was 450 billion. An increase of about 75 billion is more than serious.

Gambling games are constantly evolving and taking advantage of new technologies to make the player experience better. The 21st century continues to bring innovation that propels the sector and fresh ideas are expected to continue to take root in 2022.

Here are some of the trends in the online casino niche, that are expected to emerge or continue to evolve in 2022.

The virtual reality

In terms of various VR and AL innovations, Forbes experts in their forecasts note the rapidly growing role of artificial intelligence, chatbots, and virtual reality in online casinos and iGaming around the world.

For example, some games and even entire casinos are designed to allow players to use virtual headsets and glasses there. Here, users have the opportunity to fully immerse themselves in the gameplay.

VR slots are available to players today, offering various bonus rounds, mini-games, and free spins in addition to an unforgettable gaming experience. Software developers are constantly working on adapting new and existing slots to the virtual world.

Cryptocurrencies

The active use of cryptocurrencies also contributes to the rise of the gambling market. Every day the casino industry receives more and more income in cryptocurrency.

Thus, casinos that accept bets and payments in crypto coins have more opportunities in this business. Express payments in cryptocurrencies give a powerful impetus to the development of the gambling industry.

Thanks to cross-platform, gaming has been demonstrating a constant development trend for several years now. Mobile gambling is developing very quickly and online casinos are increasingly adapting to the ever-changing needs of players.

Use of artificial intelligence

According to experts, artificial intelligence will be increasingly introduced into the gaming process. Here, we should highlight several important nuances of using artificial intelligence in the development of a business in the field of gambling:

Artificial intelligence is mainly used to attract new players, retain customers, and fight against fraud.

Thus, artificial intelligence analyzes the market, consumer preferences, and the expected behavior of players. Moreover, machine learning is evolving day by day and becoming more and more reliable in the gaming space.

Game catalog update

The trends in the development of gaming technologies in casinos will also change in the coming year. The software developers are constantly updating their sets, providing players with more options for entertainment.

Some of the trends from 2021 are predicted to continue into 2022, such as the improved visual quality that matches the 8K screen resolution that today’s mobile, personal computers, and other gadgets are used to play.

The Megaways mechanic will continue to spread in slot machines as well. This mechanism has allowed game studios to reimagine timeless releases such as Gonzo’s Quest, Piggy Riches, The Dog House, Fishin’ Frenzy, and Great Rhino over the past two years.

W88 Slot is an Indonesian online gambling platform, that provides a variety of classic casino games and slots.

Safety is a priority

The ubiquity of online casinos is an important advantage, but it is also a cause for concern due to security issues. Without proper measures, confidential information falls into the wrong hands, for example, to scammers and scammers.

Gambling establishments are constantly using the latest security technology to reassure the masses that they are safe. SSL encryption is the most common form of security used on these websites.

The system uses digital passports to authenticate any web message in order to maintain privacy. The provided cryptographic key is the only way to get an SSL certificate and access to information.

Popularization of live games

The popularity of live dealer gambling has increased significantly during the COVID-19 pandemic in 2020, and it continues to be in demand in regions that are still affected by this problem.

The market share of this niche has increased by more than 13% compared to 2020, and this trend will continue in the future. Live casinos are the closest replicas of real gambling games, which is suitable for gamblers who do not want to disturb the comfort of their location.

These casinos broadcast live sessions from brick and mortar establishments with human dealers, tables, cards, and other elements present in gambling clubs located at the location.

Responsible gambling

The rise in popularity of online gambling is accompanied by an increase in mental health problems among the population.

Gaming companies continue to improve their responsible gambling practices to prevent the problem from escalating into compulsive behavior. In 2022, new standards will be set to limit underage gambling and irresponsible spending.