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Online Casino Trends to Follow in 2022

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The global online gambling industry is in a constant state of evolution and has been since it started gaining popularity in the late 1990s. In 1997 the number of online casinos grew to over 200. In that same year, the global annual revenue from online gambling reached USD$1 billion (€897 million).

In comparison, according to a report from Statista, in 2020, the global online gambling sector was valued at USD$66.7 billion (€59.3 billion). By next year (2023), it is predicted to reach USD$92.9 billion (€82.6 billion). Needless to say, the iGaming industry is a money-making machine and staying on top of the latest technological trends is what powers its popularity.

For 2022, several trends have been predicted. Online casinos in the UK and Europe will need to stay on top of these developments if they want to remain competitive. Some of these trends include:

Upgraded Security and Safer Gambling Practices

It’s no secret that Brits seek out the most trusted UK casinos to enjoy their favourite slots, table games and live dealer games. In this day and age, no company can be too careful when it comes to cybersecurity or providing players with a safe, reliable and responsible gambling environment.

Over the next year, maintaining legal compliance will continue to grow in importance. This includes stringent KYC (Know Your Customer) processes to prevent fraud, other criminal activity, and to protect minors. Responsible gambling efforts (self-exclusion, setting limits, etc.) will also play an important role. Other notable 2022 security trends include two-factor authentication, advanced login (e.g. facial recognition), and faster withdrawal times.

More Cryptocurrency

Decentralised gambling continues to increase within the industry, with many online platforms choosing to accept cryptocurrency as part of their payment services. Even some of the most known platforms that offer iGaming software solutions, like SkillOnNet and SOFTSWISS, offer Bitcoin and other crypto options to their online casino business partners.

Though traditional FIAT payments will remain the primary option at most of the UK’s and Europe’s biggest gambling sites in 2022, cryptocurrencies like Bitcoin, Ethereum, and many others will start to dominate the industry, due to the security, anonymity and fast deposit/withdrawal speed they offer players. Not to mention, as NFTs and the Metaverse become more prominent, the demand for blockchain casinos will only grow.

VR and AR Gaming

Whilst several VR casinos currently exist, as the Metaverse evolves and immersive experiences become more desired and mainstream, there will be further push for VR (virtual reality), AR (augmented reality) and MR (mixed reality). Currently, online casinos that do offer VR experiences include not only games, but also more advanced technology like 3D-avatars, gesture imitation, and live interactions. As one might imagine, the digital poker experience could be entirely revolutionised by VR as it will more closely resemble the real thing.

That said, though these technologies are slowly gaining ground, it will still be a few more years before VR and AR tech in online casinos truly takes off. This is largely in part due to the cost of the headsets and other gear required for the experience.

Upgraded Gaming Experience

Younger generations are not interested in traditional slots and casino games. As such, software providers will need to rise to the challenge to create more interactive video game-style entertainment that combines gambling with social and with skill. Likewise, more online casinos will need to integrate incentivised gamification features to keep players interested and immersed in the experience. This may include challenges, tournaments, collecting points or the casino’s special currency, etc.

In addition to entertainment, as time goes on, players will demand an iGaming experience that is fast, smooth and seamless. This means faster registration or no registration process, instant and/or same day withdrawals, easy navigation and a responsive UI no matter the device.

Mobile and Wearable Tech

The latest in mobile gambling trends will be for online casinos to go above and beyond the basic requirements of simply having an app. Operators need to make it as easy as possible for new users to register an account, and include a module tech stack with their app to enable or disable features as is needed. Additionally, optimising discoverability will be important to provide users with quick access to relevant games.

Aside from smartphones, gambling on wearables, like smartwatches, will also grow in popularity. Creating an ideal experience for this device presents plenty of challenges due to the small and different shaped screen sizes as well as there being so many proprietary operating systems. However, game providers, like Playtech, have already seen the potential for the wearable gambling market and have started designing slots apps for Apple Watches.

The Rise of Online Casinos

Last but not least, beyond all the growing trends listed above, one thing is for certain, 2022 will see more casinos thrive on the internet compared to their land-based brothers. The future of gambling is definitely online.

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Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of СS2

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From 26 July, all GG.BET users can get involved in the new MEGA BLAST Competition with a €10,000 prize fund. The winner will receive two tickets to the BLAST Premier Fall Final CS2 tournament, taking place from 27-29 September in Copenhagen. To enter, you need to place bets on Counter-Strike 2 matches.

BLAST Premier Fall is a major series of Counter-Strike 2 tournaments which draws in millions of viewers from all over the world every year. The series consists of three stages: Groups, Showdown, and Finals. The Groups stage sees 16 Tier-1 teams duke it out. Only 6 of these can go on to compete in the final, while the rest will battle it out in the Fall Showdown for two additional spots in the final. BLAST Premier Fall Finals will be the concluding stage of the Fall series, and fans can look forward to electrifying action, heart-stopping twists and turns, and an epic $425,000 prize fund.

From 26 July to 4 August, as the Groups stage rages on, GG.BET will be holding its MEGA BLAST Competition. The winner will get their hands on two tickets to attend every day of the BLAST Premier Fall Finals. As well as these tickets, the bookmaker is also giving away a whopping €10,000 prize fund to the top 40 participants in the MEGA BLAST Competition.

How to take part in the MEGA BLAST Competition:

  1. Register an account with GG.BET or log in to an existing account.
  2. Go to the tournament page and press “Participate”.
  3. Place bets on Counter-Strike 2 matches. Every bet you place will earn you a certain number of points, based on the odds.
  4. Rack up points, keep an eye on the leaderboard, and wait for your winnings to roll in.

Bet on your favorites and get ready for some unforgettable fun! Head over to GG.BET right now so you don’t miss your chance to enjoy a festival of Counter-Strike action in Copenhagen.

 

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Latest News

MANCHESTER CITY TO MARK GLOBAL PARTNERSHIP WITH SUPER GROUP-OWNED BETWAY AT THE NEW YORK STOCK EXCHANGE

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Manchester City has today announced a new multi-year partnership with leading global online betting and gaming brand, Betway.

As part of the club’s pre-season tour of the United States, and to mark this significant deal, leading figures from Manchester City and Super Group will be on-site for the iconic NYSE bell-ringing ceremony later today. Ferran Soriano, CEO of City Football Group, along with Neal Menashe, Super Group CEO, will ring The Opening Bell at 9:30am EDT.

The agreement will see Betway become the club’s Official Global Betting Partner from the start of the 2024/25 season, as Manchester City joins the brand’s extensive sports sponsorship portfolio which includes teams from across the Premier League, La Liga, NBA and more.

Ferran Soriano, City Football Group CEO, said: “We are pleased to announce Betway as our Official Global Betting Partner today. As a globally recognised brand, Betway has a strong pedigree and history of working with high-profile brands within the sports space and we’re excited to work together throughout the partnership.”

Super Group CEO, Neal Menashe, commented: “We are absolutely delighted to become Manchester City’s Official Global Betting Partner. This agreement cements our place in the top tier of Premier League partners, ensuring that our Betway brand reaches fans in all corners of the globe.”

Throughout the duration of the partnership, Manchester City and Betway will collaborate on a number of activations and exclusive content opportunities, in addition to the brand featuring across digital and in-stadia assets.

Manchester City and Betway will also work together to provide all players, coaches, management and staff in-depth, industry leading training on all relevant codes of conduct relating to betting integrity and responsible gambling. This is in addition to the work Manchester City already does to support players and staff in this area.

The Opening Bell ceremony can be viewed live.

 

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Compliance Updates

Acquiring a Curacao Online Gaming License in 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed

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The “Acquiring a Curacao Online Gaming License, 2024: Comprehensive Analysis of Financial & Procedural Aspects with Costs & Timelines Detailed” report has been added to ResearchAndMarkets.com’s offering.

This report includes valuable insights into the financial and procedural aspects, including detailed information on costs and timelines associated with acquiring a Curacao license.

In 2023, Curacao introduced the “Landsverordening op de kansspelen” (Ordinance on Games of Chance) to modernize and regulate gambling legislation. Since March 2020, the Gambling Control Board (GCB) has been authorized to regulate offshore gambling games and oversee the issuance of Curacao licenses. As of 2023, there are 16 companies providing legal services for registration and licensing in the territory of Curacao. The license fee, as per GCB regulations, is 36,000 ANG or 19,800 USD, payable upon license issuance.

Research Timeline and Data Relevance

The research was conducted in two stages. The first stage, studying the regulator and Open Data Search, took place in December 2023. The second stage, writing the report and partially updating the data from the first stage, took place from the end of April to the end of May 2024.

Goals and Objectives

  • Describe the information about the Curacao license and the issuing regulator.
  • Describe the requirements and conditions for obtaining a Curacao license.
  • Describe the costs and timelines for obtaining a Curacao license.
  • Briefly study the market, find and suggest the following lists:
    • Legal companies offering services for company registration and obtaining a Curacao license;
    • Communication agents and integrators working with the Curacao license;
    • Suppliers and vendors working with the Curacao license;
    • Payment systems working with the Curacao license.

Key Topics Covered:

1. Goals and Objectives

2. Research Timeline and Data Relevance

  • Document Markup
  • Raw and Combined Data
  • Terms & Glossary

3. General Information

  • The Regulator
    • Registration of Operators With Sublicense
    • Application for an Online Gaming License

4. Requirements and Conditions for Obtaining a License

License Conditions

  • General Prohibitions
  • Safe and Secure Environment
  • Equipment and Application Software
  • Player Registration
  • Payment Transactions
  • Games
  • Terms of Use
  • Resolution of Complaints
  • Administrative Responsibilities
  • Publicly Available Information
  • Reports
  • Policies and Procedures
  • Suspension and Revocation of License
  • Additional Conditions
  • Supervision

Recommendations or Minimum Requirements for the Business Plan

5. The Cost of the License

6. Decision Term and the Validity of the License

7. Application Method and Forms

8. Contact Information

9. Companies for Registration and Licensing

10. Integration Companies

11. Suppliers and Vendors

12. Payment Systems

13. META

14. Appendix: Terms & Glossary

For more information about this report visit researchandmarkets.com/r/izeo6g

 

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