The year 2020 was already expected to be big when it comes to online casinos. The evolution of technology and better accessibility means the number of players is growing organically every year. However, people obviously spent more time than ever at home in 2020. This undoubtedly had an impact on how many new people signed up to play online casino games and also increased the amount of time people were able (and wanted) to spend online.
Whatever the reason for the hike in numbers, the fact of the matter is the online gambling industry just keeps getting better, and constantly evolving technology is just going to make it an even better experience.
So, let’s take a look at the exciting trends that you can expect in 2021.
Greater use of crypto, blockchain, and e-wallets
Depositing and withdrawing money from online casinos used to be a rather lengthy process. Cash, EFTs (electronic fund transfers), and credit cards were the main form of money transactions in the industry. However, players began demanding easier and faster payment methods… and the industry listened! Instant withdrawals and deposits are no longer just nice to have – they are a necessity for every single online casino.
E-wallet options are a lot more accessible right now, with Neteller, Skrill, and ecoPayz being incredibly popular. PayPal, of course, is also being added to a rising number of online gambling sites. Cryptocurrencies (often known as “crypto”) aren’t used as much at the moment, but are expected to grow in 2021.
The growing popularity of crypto and e-wallets is mainly down to their simplicity, safety, and lack of bureaucratic red tape. This is set to be a big trend for this coming year and an aspect of the online casino world that we expect to keep growing.
AR and VR become more widespread
While the use of these technologies – AR (augmented reality) and VR (virtual reality) – is already quite prominent in the online gambling industry, in 2021, it’s going to take the online experience to another level. Players are always looking for ways to make their online experience more immersive and similar to that of a real-life casino, and this is the answer that they’ve been searching for.
VR and AR enable players to envelop themselves in a 3D world. So, if you play poker online, you’ll feel like you’re playing around an actual table at a real, brick-and-mortar casino. It offers a more interactive experience for online players from the comfort of their own homes.
The cost of AR and VR equipment has been the biggest stumbling block thus far, but as they become more streamlined and developments continue, they’re likely to become more affordable. This means that 2021 could become the year that AR and VR become truly integrated and accessible in most casinos.
The mobile gambling industry exploded once the relevant technology hit the market, and today it turns a massive profit for the industry. But while the mobile share is expected to continue to grow, there could be a new player in the industry in 2021!
Trials for online gambling on smartwatches have been in the pipeline for some time now, and it’s expected to hit the industry in a big way this year. So far, the reviews have been promising and it’s going to be interesting to see the new casino games created to be smartwatch-compatible.
More low-wagering casinos
The online gambling world has become more competitive every year, ramping up the pressure on companies to do things that set them apart from their competitors.
One way you should expect to see this in 2021 is through lower wagering requirements. To attract more players and a different demographic, it’s likely that more operators will begin to lower their minimum-bet requirements.
Cloud-based gaming will dominate
Although this aspect of online gambling has already shifted significantly, there are still a number of online establishments that require players to download their software to get the best casino experience.
Such practices are going to phase out at a rapid pace in the coming year, with cloud-based gaming absolutely dominating the industry. All that players are going to need from now on is a good internet connection and a device that can connect to it.
With cloud-based services, players won’t have to download software that takes up valuable storage space. The wonderful thing about them is that they also make the player experience that much more enjoyable. All settings and customizations can be saved on the site, and you can even pick up a game on one device that you left on another. Expect to see a massive surge in cloud-based casino services in 2021 as you say hello to a whole new level of flexibility in your online gaming.
Casinos will take more action on responsible gambling
With the growing popularity of online betting, it’s likely there will also be an increase in betting addiction. This has been a hot topic over the past couple of years, and the onus for promoting and maintaining responsible gambling protocols is falling more on the casinos themselves.
As the legislation surrounding the issue tightens, it’s expected that casinos will step up their promotional efforts for responsible gaming in 2021 and into the future.
Keep up with the latest trends at BetMGM
At BetMGM Casino, we’re at the forefront of online casino innovations. We work hard to ensure we can give our players the best online experience possible while supporting responsible gaming by having a live chat service that’s available to players 24/7. We’re on top of the latest trends and technologies, offering live casino online experiences, such as online poker played with live dealers. We also have a whole host of your favorite tried-and-tested casino games and offer some of the best casino odds for sports betting available. Register with BetMGM now, and take advantage of our excellent offers and exciting online gambling opportunities.