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Worldwide Online Gambling Industry to 2027 – Featuring 888 Holdings, Betsson AB and Intralot Among Others
The “Online Gambling Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets’s offering.
The global online gambling market reached a value of US$ 72.3 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 131.4 Billion by 2027, exhibiting a CAGR of 9.96% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Online gambling, or virtual gambling, refers to betting on casino or sports-based activities over the internet. In comparison to in-person gambling, online gambling does not involve physical interaction of players and all the sessions are moderated by computer programs. Players can virtually play various games, such as sports betting, blackjack, poker, roulette and slot machines. They can download gambling software on their personal computers or can play through a website. Online gambling offers various benefits, such as cashless transactions, accessibility through any electronic device, customizable budget and real-time gambling experience for the players.
Global Online Gambling Market Trends and Drivers:
Rapid urbanization, along with the increasing penetration of the internet across the globe, is one of the key factors driving the growth of the market. Furthermore, legalization and cultural approval of online betting in various developed countries are also providing a boost to the market growth. Online sports companies are also attaining high-profile sponsorships with various football and racing clubs, which helps attract new users. In line with this, convenient access to online casinos that can be used through mobile phones is also creating a positive impact on the online gambling industry.
Various technological advancements, such as the development of virtual reality (VR) and blockchain tools, are acting as another growth-inducing factor. These technologies aid in maintaining the transparency of gambling activities and provide an immersive experience to the player. Other factors, including increasing expenditure capacities of the consumers, along with the advent of bitcoin gambling, are expected to drive the market further.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global online gambling market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on game type and device.
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Playson diversifies portfolio with Wild West theme in Arizona Heist: Hold and Win
Daring masterminds launch train robbery to take home big prizes
Playson, the fast-growing digital entertainment supplier, is taking players on the wildest adventure of their life in its debut Western-themed title Arizona Heist: Hold and Win.
A weathered team of criminals feature as symbols in this unpredictable slot. A revolver, backpack, and boozy supplies are all packed ready for this adrenaline-fuelled heist.
The high-energy mission is reflected in three Bonus Game boosters. The Plus booster reveals a random value of up to x10 and adds it to each symbol below it. The Multiplier randomly multiplies up to x10 and adds to all icons on the grid. The Gold booster transforms one Bonus symbol into a Bonus Gold symbol on the reel below. Additionally, the Collect feature collects all values from Bonus and Bonus Gold symbols during the Bonus Game.
In-game jackpots return in the form of a golden safe. Collecting two, three, four or five Bonus Gold symbols during the Bonus Game offers one of four corresponding jackpots. Two Bonus Gold symbols triggers a mini jackpot of x20, three symbols award a x50 minor jackpot, the major jackpot of x100 lands if four symbols are achieved. The grand jackpot of x5,000 is given if five Bonus Gold symbols appear.
The Double feature results from filling all 20 positions in the Bonus Game and doubles all symbol values.
Reflecting the scene of the crime, three or more train Scatters symbols trigger 10 free spins. A further three trains during free spins issues a further five free spins. During the free spins round, Wild symbols multiply all combinations they are part of, with the Wilds’ multiplier amounts depending on how many Scatters appear. For three Scatters, the Wild offers x2, for four it is x3 and for five it is x5.
The Extra Bonus feature grants a chance of adding Bonus symbols in quantity enough or more to activate the Bonus Game during the Main Game or Free Spins.
Tamas Kusztos, CCO at Playson, said: “The Wild West is known for its unpredictability and adventure, which is what we evoke in Arizona Heist: Hold and Win. We are delighted to introduce this lively new theme into our portfolio, with an exciting array of enhancing features to inject even more excitement.
“The graphics and atmospheric music convey a sense of the unknown, as our players seek to run away with great riches from the train’s bursting safe.”
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Play’n GO gifts players a holiday treat in Easter Eggspedition
Play’n GO and Benny Bunny invite players to an egg-filled valley of rewards in Easter Eggspedition.
In this 5×3 online slot, players are invited to join in on the Easter adventure by exploring a chocolate-filled wonderland filled with exciting rewards such as Guaranteed Scatters, Free Spins and Instant Prizes.
This slot follows the story of our hero Benny Bunny and his adversary, the canine known simply as ‘Fox’ competing to collect chocolate eggs in the enchanted valley. Hop along and join the egg hunt to discover delicious payouts waiting for players on the reels. Thematically, this title is cut from the same iconic cloth as older Play’n GO Animal Slot classics such as Rocco Gallo (2022) and Easter-themed thrills like Easter Eggs (2015).
In terms of gameplay, this title boasts a wide variety of tasty, chocolate-coated treats for gamers to indulge in. On every spin, there’s a possibility of Guaranteed Scatters. This increases the chances of activating the Bonus Feature and provides an exciting experience for the player, blending the excitement of the chase with the slot mechanics.
To activate the Bonus Feature, players need to hop across the reels and get three Easter Eggs Baskets. If successful, the feature will award players with three Free Spins.
In this feature, each symbol landed resets the counter back to three. Players can win instant prizes, Multipliers, or get the Fox or Benny Bunny symbol. If gamers win the Instant Prize, their win will be added to the Cash Pot. If they get the Benny Bunny symbol, they’ll will be awarded the Cash Pot. On the other hand, if they get the Fox symbol, the Cash Pot will be reset. If both symbols are present, players have the chance to win a large payout.
If both Benny Bunny and the dastardly Fox land at the same time, Benny will fight off the Fox and reward players with the Cash Pot, resetting the spins to three. The Bonus Feature will end after three consecutive Free Spins without The Bunny or an Easter Egg landing on the reels.
Games Ambassador at Play’n GO, Magnus Wallentin said: “At Play’n GO we love a quality seasonal title, and Easter Eggspedition is just that. This slot is jam-packed with quality features, including the narrative-driven Cash Pot features that pits the Fox against Benny Bunny, Guaranteed Scatters and the Instant Prizes feature, making this title well and truly immersive.”
With a wide array of features, tight animation and an immersive theme that can be enjoyed all year round – Easter Eggspedition is the full package.
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Games Global and Neon Valley Studios search for Genie’s Arabian Riches™
Studio delves into a whole new world with its feature-filled release
Games Global’s exclusive studio Neon Valley Studios, unveils Genie’s Arabian Riches™, its latest pay anywhere slot which promises to transport players into a world of enchantment and legends.
A charming genie host welcomes players to a 6×5 grid, providing ample opportunities for players to discover hidden treasures. Every spin unleashes a cascade of magic carpets, swords, and jewels, with eight or more matching symbols landing anywhere on the reels awarding a win.
Triggered on every win, Rolling Reels™ sees winning combinations vanish as if by magic to make way for new symbols, offering the chance to claim consecutive treasures.
The Multichase™ rolling multiplier mechanic awards multipliers ranging between 2x and 100x the bet, giving players the opportunity to increase their winnings with each spin. The multiplier symbols remain on the reels until all Rolling Reels™ conclude and they may be randomly upgraded during a spin.
For even bigger winning potential, the Rising Rewards™ free spins multiplier accumulates multipliers in a dedicated meter, offering even more exciting and immersive gameplay.
Landing four or more dazzling lamp scatters summons up 10 free spins, during which players can retrigger additional free spins for even more opportunities to win big.
With Neon Valley Studios’ widely acclaimed title Asgardian Fire™ to live up to, Genie’s Arabian Riches™ builds upon the studio’s expertise in Vegas-style games, with innovative features designed to thrill and engage players.
Part of the MahiGaming Division, evoking the buzz and glamour of the Vegas strip, Neon Valley Studios is determined to draw inspiration from the gaming capital of the world to develop highly entertaining story-driven slots.
Alexander Monsma, Senior Business Development Manager at Neon Valley Studios, said: “Genie’s Arabian Riches™ transports players to a world where dreams and riches intertwine, and we are thrilled to work alongside Games Global in the release of this title.
“With Rolling Reels™ and multipliers of up to 100x, every spin offers the chance for players to unlock incredible rewards and experience the magic of Arabian legends.”
Andy Booth, Chief Product Officer at Games Global, said: “Genie’s Arabian Riches™ is a testament to Neon Valley’s continued innovation.
“With its plethora of features including unlimited multipliers and Rolling Reels™, we believe this game will captivate players around the globe.”
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