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Online casinos and slots are growing in popularity due to social isolation

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Online casinos and slots are growing in popularity due to social isolation
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If the online gaming and betting industry was consolidating its expansion before the arrival of COVID-19, social isolation has finished pushing online casinos as the prevailing leisure trend. Without risks, without moving from home and with a range of possibilities, both fans and new users always find a new proposal to tempt luck.

The main operators take advantage of this increase in demand to launch new and seductive promotions such as good casino bonuses and free spins without a deposit, which are the best way to start entering the world of Internet gambling houses and successfully attract thousands of new users every day.

 

Advantages of online casinos and free spins

Firstly, it is a legal gaming option that can be played from home, using the computer or mobile applications.

But also, thanks to the free runs, it is possible to get the most out of the money invested without additional costs. Basically, the user increases the profits by reducing the risk since, with the same money, he or she has a better chance of winning.

As if that wasn’t enough, there are additional rewards that can come along with these free spins, for which you need to have a good search criteria and choose the best online casino offer or promotion.

 

To take into account

All users, especially new ones, should be aware that there may be some ambiguity in some sports betting bonuses, as they are not always free spins without a deposit. You should also be aware that the time frames for these promotions are often short and therefore you may not always be able to take full advantage. Finally, it is sometimes necessary to make a very high profit or to bet a large amount to withdraw what has been achieved with the free spins.

So how do you know which option is reliable? There are online comparators that select the best current online casino promotions and gather them so that new users can get informed about each one in detail.

This kind of sites gather the best online casinos at the moment, based on the promotion they announce and on the users’ rating. It makes a selection in which it informs the free-spins, which are the requirements to obtain them, in which game they can be used, how the bonus package is composed and the average rating of the sports betting according to its users. This information is essential for responsible and reliable gambling.

However, it is always necessary to read the “small print” of each online casino and make sure that it has the certifications approved by the General Directorate of Gaming, which are usually found at the bottom of the websites.

 

How to get free spins and win with them

There are some tips and tricks to get free spins at major online casinos. Free spins have a higher probability of winning if certain guidelines are followed.

The first thing to do is to check in detail the promotion section of the portal and read the conditions in detail. Then, you can access the trial mode of the promoted slot machine, to check if you like it and if you understand the operation.  It is likely that by accessing the test mode, the casino will inform the specific promotion for that game.

Another tip is to frequently visit online casino comparators, which we talked about earlier, to be aware of the latest updates.

It is also recommended to subscribe to the newsletter or alert system of our favorite online casino to find out about free spins promotions as soon as possible.

 

Which online casino should we choose?

Once the above recommendations have been followed, the user may have to decide between the three or four online casinos that seem to fit his expectations or launch the most tempting bonuses.

The suggestion is to choose carefully and trust the most important names. It is almost always the most prominent gaming houses that offer the best conditions for free-spins, such as 888casino, Betfair Casino, Bet365 Casino, William Hill Casino, etc.

It is also important to verify the trajectory and the quantity and quality of users and ratings, as well as read some reviews about the casino in which we will trust our leisure and money. But as we play for fun, it is also very useful to use the “test mode” of the slot machine to use it and know if it is to our liking before making the first deposit.

No matter how tempting the offer is, the premise of playing responsibly should not be forgotten.

Industry News

Casinos Market to Grow with Sustainable CAGR During 2022

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Photo credit: unsplash.com
Reading Time: 3 minutes

 

According to reports, the global online gambling market size will grow to about $172 billion by 2030. This growth represents a CAGR of 11.6% in the same period. You can attribute this growth to the fact that online gambling has been arguably the fastest growing industry globally in the last decade. Millions of gamblers log into various platforms to gamble daily. Consequently, the revenues the operators generate are massive and boost the worldwide online gambling market.

Factors behind the sustainable CAGR in 2022

Smartphone penetration

Mobile gambling is emerging as the most preferred gambling mode globally. Even though it faces restrictions alongside online gambling in some regions, the mobile gambling market is projected to keep growing in 2022. Gambling regulators’ reports confirm that mobile gambling is prevalent among younger players.

In this regard, many online casino operators have developed mobile apps and mobile-optimized websites to cater to mobile gamblers’ needs. People who enjoy Joe Fortune’s online blackjack games want to be able to access the games on their mobile devices. Such demands by users are what have also inspired game developers to create online casino games using a mobile-first approach.

In addition, mobile payment methods like Pay by Phone, Apple Pay, and others have also contributed to the industry’s growth. These payment methods have shortened deposit and withdrawal times, encouraging more people to wager online.

Sports Betting

Nowadays, most online casinos include a sports betting section. This approach has helped to boost their revenues massively. For instance, industry experts claim that the sports betting industry is projected to grow to around $139 billion by 2028. This growth is a CAGR of over 10% in the same period. Live sports action is now available daily, meaning bettors have events to wager on every day.

Besides that, there is a World Cup year, and soccer is the most wagered sport globally. As a result, online casinos running sports betting sections will have plenty of markets to offer their members. On the other hand, casinos no longer depend on live sports action, thanks to the growth of eSports which makes the options even more. 

Other sports that have also become popular among bettors are basketball, tennis, American football, and horse racing. With all these sports having significant events this year, you should expect sports betting activities to hit an all-time high this year. Also sponsorship deals between casinos and sports entities will also boost casinos visibility globally. 

Market Segmentation

You can divide the global gambling market into three categories using type, device, and region.

  • Type: the online gambling market is divided into five primary types: casinos, sports betting, bingo, poker, and others. Based on studies, the sports betting section is anticipated to lead the market in 2022. In addition, the online casino segment is also expected to make substantial achievements in the course of the year.
  • Device: the device segment is divided into desktop, mobile, and others. The desktop segment generated considerable online gambling activity in 2021 because people enjoyed larger screens that offer better visibility. Be that as it may, mobile gambling is still expected to grow massively in the coming days due to smartphone penetration.

Regional outlook

The global gambling market is classified into the following regions:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East & Africa
  • Latin America

Europe is the leading region in online gambling activities. In addition, experts expect the region’s online gambling activities to soar in 2022. Their top spot is mainly because of the growing sports industry in the region and the ease of online casino regulations. In addition, many leading online gambling operators are in the region.

On the flip side, the Asia-Pacific region is projected to register the fastest growth between 2022 and 2030. Experts attribute the rapid growth to the increased smartphone penetration in China and India. Also, rapid urbanization and increased internet penetration are contributing factors. Other observers also attribute the growth to the increasing adoption of cryptocurrency in online gambling to have positively affected the Asian-Pacific online gambling market.

Final Thoughts

The casinos market is one of the most lucrative industries globally. However, it is also very competitive, meaning operators must offer the best products and services to remain competitive. This competition has come as a blessing in disguise to the gamblers as they get to enjoy top-drawer services. As more gamblers join the online gambling community, you should expect to see the industry growing at unprecedented rates in 2022.

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Industry News

Betsoft Gaming Launches its Slot Gaming Titles on 888casino

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Betsoft Gaming has launched its slot gaming titles on 888casino, one of the world’s leading online casino brands and part of 888 Holdings plc.

Following its recently announced deal with 888casino, the teams have worked together to integrate a selection of Betsoft’s games onto 888casino’s Spanish platform, 888casino.

To support its commitment to the Spanish market, Betsoft has undertaken the translation of many of its biggest hits. These will be available on 888casino, along with the latest releases Tower of Fortuna, Return to Paris and Thai Blossoms also forming part of the offering.

Betsoft Gaming successfully undertook two ISMS audits in 2020, allowing it to operate in both Spain and Colombia. This, in conjunction with Betsoft’s other signings with top tier licensees in Spain, has consolidated Betsoft’s brand recognition across the country.

“As a long-term innovator in iGaming, it is our strategy to collaborate with operators such as 888casino who share our ethos on quality customer service. We are very pleased now to be live with them in Spain,” Anastasia Bauer, Head of Account Management at Betsoft Gaming, said.

“We are delighted to be adding Betsoft’s leading gaming content to our 888casino platform in Spain. Betsoft is renowned for creating innovative gaming titles which are loved by players and adding a selection of its most innovative games to our platform will provide our players in Spain with an even wider selection of high-quality and player-focused games to choose from, aligning with our product and content-leadership strategy. We look forward to working with Betsoft in the future,” Talya Benyamini, VP B2C Casino at 888, said.

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Industry News

GIS and EPIC Risk Management to Host Pioneering Gambling Awareness Summit at Wembley Stadium

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Global Institute of Sport (GIS) will join forces with EPIC Risk Management this autumn to deliver a pioneering gambling-harm awareness event at the iconic Wembley Stadium.

The partnership, which also sees GIS become EPIC’s official education partner, will involve the two parties coming together to host the inaugural Global Gambling Harm in Sport Summit on Wednesday 5th October.

Taking place at the world-famous Wembley Stadium, home to one of GIS’ unique UK campuses, the summit will enable a host of the world’s premier executives and welfare professionals from elite sport and esports to gather and learn how best to tackle the issue of gambling harm in their industry.

John Millington, senior director at EPIC Risk Management, said: “Problem gambling can affect any individual from any walk of life, but several academic studies have reached the same finding that athletes are up to four times more likely to suffer its consequences.

“Clearly, education and prevention work for those who regularly participate in competitive sport is a hugely important in tackling this issue. This summit is designed to bring in experts across the professional sport eco-system to delve into this issue and look at ways of protecting those most vulnerable from gambling harm.

“GIS are the perfect partner to help undertake research and mine data on this topic and have joined forces with us to ensure that we can ensure that the right people can continue to receive it, contribute to it, and act upon it.

“They will be making a vital contribution to the Pro Sport Advisory Board in the longer term via their new status as our Education Partner and we’re delighted that their iconic base at Wembley Stadium will be the perfect setting for some important discussions to take place among the people who can enact genuine change for the better on this issue.”

GIS president Sharona Friedman said: “We’re delighted to have partnered with EPIC Risk Management to deliver the Gambling Harm Prevention in Sport Summit at our iconic Wembley stadium campus.

“The Global Institute of Sport wants to help address some of the key issues across sport and we look forward to working with EPIC Risk Management on facilitating this discussion as well as working to create future recommendations of best practice.

“Bringing together leaders from across the sports industry to all put forward insight and experiences related to the issues around gambling related harm is the first step in exploring how we can best work towards reducing the risks associated.”

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