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Exponential growth awaits the online casino industry

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Exponential growth awaits the online casino industry
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For most industries, 2020 was a very difficult year, but for the world of online gaming, including online casinos, it was a very different story.

With millions of people stuck at home because of the pandemic, many have used online gaming and online casinos as a substitute for the kind of fun and excitement they would normally have achieved with nights out.

While traditional casinos have suffered along with other industries, online casinos have grown in popularity, and exponential growth is expected in 2021.

Governments have also become in need of extra revenue, making the legalization and taxation of online gaming an appealing idea. Six US states voted in favor of online gaming legislation in the November 2020 election ballot.

Furthermore, President Joe Biden has stated that unnecessary restrictions on the gambling industry will not be implemented by his administration.

Legal online gambling in the US
Online gaming is covered by state regulations in the US, and there are three different categories – online poker, online sportsbooks and online casinos.

Some forms of online gambling are available in many states, but so far only New Jersey and Pennsylvania allow all three.

New Jersey and online gambling
Online gambling, including online casinos, has been legal in New Jersey since 2013.

Since the launch of the very first online casino, the state has made as much as $1.4bn in revenue, and there are bonus codes for New Jersey casinos to encourage customers.

That revenue continues to increase every year, and far from slowing down, recent events have made it clear that the growth in the market is going to expand further in 2021.

Pennsylvania and online gambling
All forms of online gambling including online casinos were legalized by the state of Pennsylvania four years ago back in 2017, with the state’s first casino site being launched two years later in 2019.

There are many options for players in 2021 via online casinos and sportsbooks, and the expansion of many online casinos is also expected this year.

The new bill was passed in order to increase tax revenue and while Pennsylvania was late to the online gambling scene in comparison to New Jersey, it has continuously demonstrated market growth and numbers that are just as strong, if not better.

Because legislation on online gaming is state by state in the US, it is difficult to determine the future for the industry elsewhere in the country.

Europe and online gaming
The online gaming industry in Europe has also undergone exponential growth with a number of countries including the likes of Germany, Italy, Switzerland and the United Kingdom emerging as important markets, and the trend is continuing to point upwards for this year.

Innovations in technology have also made it easier for the population of Europe to get access to gaming sites including online casinos at any time and from anywhere, the European Betting & Gaming Association says.

The industry has a 10% annual growth rate in Europe, with the market value of the entire online industry in the continent expected to reach as high as EUR29.3bn by next year.

Why the online gaming market in the EU has rapidly expanded
One reason for the exponential growth in the European gambling and casino industry is due to the strict licensing bodies in the sector that exist in the continent, a trend that has drastically expanded over the course of the last few years.

Consumers are able to access the same quality of game via gaming apps as on a casino website, which has also resulted in live betting and has encouraged providers to enhance game plans and offer improved UX.

The UK and online gaming
The United Kingdom’s online gaming market is offered by private providers in a very competitive environment, with strict gambling regulations and rules in place to make sure online gamblers know they are safe when using online gambling sites and casinos.

ER Casinos
ER (Enhanced Reality) Casinos is a fairly new player in the world of online gambling, an innovation that sees the physical world of the gaming screen expanded via superimposed digital elements to offer a more realistic and immersive experience.

The technology took off in a big way in 2020 and is likely to increase in popularity this year, further aiding the exponential growth of the online casino industry as a whole.

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eSports

LE MANS VIRTUAL SERIES BY MOTORSPORT GAMES GEARS UP FOR ROUND TWO ON OCTOBER 16, 2021

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LE MANS VIRTUAL SERIES BY MOTORSPORT GAMES GEARS UP FOR ROUND TWO ON OCTOBER 16, 2021
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After a thrilling 1ST round that saw more than 2.6 million impressions worldwide, the 2nd stage kicks off at 7:30 a.m. EDT on Saturday

Motorsport Games Inc. announced that after a thrilling 1st race, the stage is set for round 2 of the Le Mans Virtual Series, the 6 Hours of Spa Virtual, slated for October 16, 2021 at 07:30 a.m. EDT. Saturday’s race will feature 38 entries (entry list HERE). Le Mans Virtual Series is a joint venture between Motorsport Games — a leading racing game developer, publisher and esports ecosystem provider of official motorsport racing series throughout the world — and the Automobile Club de l’Ouest (“ACO”) — the creators and organizers of the world-famous 24 Hours of Le Mans and promoter of the FIA World Endurance Championship (the “FIA WEC”).

The 2021-22 season of the Le Mans Virtual Series consists of 5 rounds, the 2nd of which is the 6 Hours of Spa Virtual. The 38 prototype and grand touring endurance entries will compete virtually on the infamous 7 kilometer Belgian circuit, including famous corners and bends such as Eau Rouge, Raidillon, Stavelot and La Source. The live broadcast will feature lead commentary by FIA WEC’s Duncan Vincent, together with Chris McCarthy and Lewis McGlade.

Round 2 of the Le Mans Virtual Series comes on the heels of a successful 1st round that saw more than 2.6 million impressions worldwide and a thrilling victory from Realteam Hydrogen Redline. The 1st round of the esports endurance racing championship was an action-packed and incident-filled 4 Hours of Monza on September 25, 2021. Monza’s more than 2.6 million impressions on official channels during race week alone set the stage for a wildly successful series. Viewers can expect even more thrills and excitement for this coming round! Realteam Hydrogen Redline’s drivers Dani Juncadella, Jeffrey Rietveld and Michal Smidl took 1st place overall, while GPX Rebellion Esports and team Floyd Bykolles-Burst finished in 2nd and 3rd place, respectively. Mitchell Dejong, Mack Bakkum and Martin Kronke from the Porsche Esports Team took the Le Mans Grand Touring Endurance honors in a class that featured no fewer than 5 different manufacturers represented.

The Le Mans Virtual Series brings together top-level, real-life drivers such as Jenson Button, Alex Palou, Stoffel Vandoorne, Louis Deletraz and a number of the world’s other best sim racers to compete together in 5 endurance races that range from 4 to 24 hours in duration. This year’s series will conclude with the 24 Hours of Le Mans Virtual, which will take place live and televised at the Autosport International (“ASI”) show in Birmingham, UK in January 2022.

 

Here is where you can follow all of the weekend’s action, live and uninterrupted:

Friday, October 15, 2021: (all times Eastern Daylight Time)

1:00 p.m.                           Qualifying show live (not available on WEC or 24 Hours of Le Mans channels)

1:10 p.m.– 1:30 p.m.       Qualifying GTE

1:40 p.m.– 2:00 p.m.       Qualifying LMP

Saturday, October 16, 2021:

04:00 a.m.– 6:00 a.m.     Warm up

7:30 a.m.                           Le Mans Virtual Series show live

8:00 a.m.                           6 Hours of Spa – RACE

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eSports

The venue for the official Russian-language broadcast of PGL Major Stockholm 2021 is announced

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The venue for the official Russian-language broadcast of PGL Major Stockholm 2021 is announced
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The Russian-speaking talent crew will broadcast the tournament from the WePlay Esports studio.

WePlay Esports will be the official Russian-speaking streamer of the tournament, in a deal brokered by IMG on behalf of PGL. The talent team and broadcasting studio will be working from the WePlay Esports studio.

WePlay Esports has experience in organizing analytics studios in-house: BLAST Premier: Fall Season 2021, the WePlay Academy League, WePlay! Clutch Island etc. are cases in point. The broadcast will be organized in accordance with the standards and best traditions of the company, matching the visual identity of the English-language broadcast from PGL. The studio is equipped with the latest technology, and the company is in the final stages of preparation for the broadcast, adding finishing touches to the graphics, augmented reality (AR) elements, and content.

“We are ready for any kind of challenge, even for broadcasting several tournaments from different venues simultaneously. Our studio and arena in Kyiv, Ukraine, and the arena in Los Angeles, the U.S., which will be opened soon, allow us to create high-quality engaging content, which the esports community appreciates a lot.I can say with confidence that the quality of the broadcast, its content, and the set-up will be on par with the level of the Major,” comments Maksym Bilonogov, chief visionary officer and general producer at WePlay Esports.

The main tournament of this year in Counter-Strike: Global Offensive (CS:GO), the PGL Major Stockholm 2021, will take place from October 26 to November 7. The PGL Major Stockholm 2021 will be the first CS:GO Major after a two-year break due to the pandemic. The total prize pool of the tournament is $2 million.

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BGaming upgraded Dig Dig Digger slot with new features!

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BGaming upgraded Dig Dig Digger slot with new features!
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BGaming continues improving its popular titles by adding new extra features! So, the Dig Dig Digger slot now offers players the opportunity to buy a bonus and double the chances!

In addition to the set of standard features, the new Buy Bonus feature allows players to start a Free spin round with Expanding symbols immediately. To make it more captivating, BGaming gives exclusive opportunity to choose the number of Expanding symbols they want: from 1 to 9! The other game’s novelty is Chance x2 feature that increases the bet and gives the player more chances to play bonus games. These two new bonuses cannot be used at the same time, however, each of them provides many opportunities for great winnings!

From release to release we analyze players’ preferences, and we see that it’s always a good idea to give players the opportunity to choose extra bonuses. We have already added buy bonus and double chance feature to Aloha King Elvis slot. We received great results! Our next step was to upgrade Dig Dig Digger. The slot which was launched in May shows good feedback from players!” noted Katherine Puteiko, CS Marketing Manager at BGaming. 

With HD graphics and a 5×3 scheme, Dig Dig Digger has a popular “book of” mechanics. Moreover, the charismatic and hilarious archeologist – the main character – сompletes spins with jokes and funny moments! By the way, every player can try on the role of the charming archaeologist on Instagram too. BGaming studio has prepared a Dig Dig Digger’s Instagram mask that you can find by searching for the name of the game or by following the link

Inspired by the story of funny Digger, BGaming team is going to launch the sequel of the slot. The release date of the new adventure will be announced later. 

 

BGaming is a creative and forward-thinking game provider converting gaming into gaming. Thanks to an expert team and a player-driven approach the studio creates innovative and engaging products featured on reputable platforms and 550+ online casinos worldwide. BGaming is the world’s first to support cryptocurrencies and offer Provably Fair games. Today the brand’s portfolio includes 70+ products with HD graphics and a clear user interface for every device.

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