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Why Is iGaming Becoming More Popular By The Minute?

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In this moment of economic volatility, the iGaming business is not anticipated to suffer. This had a value of $72.1 billion a year ago and is projected to reach $112.09 billion in two years.

Malta, where the majority of casinos are headquartered and regulated, is regarded as the economic hub of this business. But while so many other sectors are having trouble, why is iGaming still expanding so quickly?

 

The Maltese Element

For a very long time, Malta’s permissive iGaming regulations have been a major factor in the growth of the sector. Malta has adopted a more progressive stance than nations like the US, which until very recently had largely outlawed internet casino games.

The image is in charge of licensing for these sites, and many of the sites utilized by American casino players are headquartered in Malta. Two years ago, the more than 314 iGaming businesses there contributed 8% of the country’s overall GDP, resulting in economic growth and jobs.

No wonder the United States is shifting its stance on iGaming!

 

Greater Convenience And Accessibility

Las Vegas or Monaco’s high-end casinos are memorable, but most people can’t afford them often. Online casinos allow gamers to play whatever casino game they want whenever they want.

With a solid internet connection, gamers may now access the best UK online casino to play their favorite casino games from anywhere and at any time.

Simply register at a site and log in whenever you want. The graphics on the majority of these sites now closely resemble those of high-end casinos.

A great experience that can be accessed by anyone is a crucial factor in the growing popularity of casinos.

 

Superior Technology

iGaming has been present since the 1990s, but its popularity has just exploded in the recent decade. One of the primary reasons for this is the technological advancements of the time.

Through live casinos, online casinos can now get closer to what it’s like to play in a real casino. This lets gamblers play with a real-life dealer who they can see through a video link.

Virtual reality (VR) applications are only one example of how these sites are adapting to the modern technological landscape. Some online casino sites provide virtual reality poker, which allows players to play the game in a fully immersive replica of outer space!

The advancement of technology has also enabled the incorporation of themed slot games featuring videos and soundtracks from popular films into the online casino industry. Also, it has streamlined and accelerated the process of acquiring game-specific downloads.

 

Modifying attitudes

The social stigma attached to gambling as a recreational activity is not nearly as prevalent as it was in the past, which has been of great value to the industry. It may be argued that iGaming played a role in this shift, as many sites aimed squarely at women served to normalize gambling in the eyes of the general public.

Whether or not that’s the case, it’s helping to increase iGaming’s popularity by making those who otherwise wouldn’t gamble online feel more comfortable doing so.

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REEVO onboards Playson as platform partner

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REEVO, the B2B content and aggregation platform, will integrate Playson casino content to its expanding roster of platform partners.

Playson, one of the industry’s leading games providers, will add its portfolio of 85 omnichannel casino games to the REEVO platform enabling it to extend its distribution to REEVO operator partners who will gain access to an even more diverse content offering.

REEVO, alongside creating a growing list of proprietary games, is onboarding a rapidly accelerating range of the industry’s leading content suppliers to provide operator partners with a comprehensive selection of the most diverse suite of games – all through a single API integration.

Petra Maria Poola, Head of Sales, Reevo, said: ā€œPlayson have become a household name as one of the leading games providers in our industry in recent years so to add their content to our platform was a no-brainer, providing our operator partners with even more best-in-class titles.

ā€œREEVO’s platform growth is phenomenal and we are building something special that brands will not want to miss out on and that will take their casinos to the next level.ā€

Tamas Kusztos, CCO at Playson, added: ā€œWe are delighted to partner with REEVO. Playson is always looking for excitingĀ  partnerships to drive the expansion of our presence in a market, and the deal with REEVO underlines this direction perfectly.ā€

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Germany’s Best Employer 2023: GAMOMAT earns top place

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GAMOMAT, one of the leading independent software developers for slot games, was recognised at the ā€œGermany’s Best Employers 2023ā€ competition, held yesterday evening at the Flora Cologne ballroom.

Out of more than 900 participating companies of all sizes and sectors, GAMOMAT made it into the top 100 and achieved an outstanding 13th ranking. This achievement points to the strength of GAMOMAT’s value-oriented corporate culture and confirms the company’s continued success story.

The evaluation process for the ā€œGermany’s Best Employers 2023ā€ competition was voluntary and independent. GAMOMAT’s employees were surveyed anonymously, assessing important factors such as leadership, trust, recognition, support, care, cooperation, team spirit, and identification with the company. Additionally, the company’s management provided information about their personnel and management procedures and measures.

“Our philosophy of ‘Good Work’ is very important to us. The quality of communication and collaboration has the highest priority for us, especially because we’ve adopted a hybrid and highly flexible working model. In this respect, the excellent ranking achieved in ‘Germany’s Best Employer 2023’Ā  competition showcases what is experienced at GAMOMAT everyday. It makes us proud as a team and gives us momentum for our current and upcoming projects,” said Dr Alexandra Krone, Managing Director of GAMOMAT Development GmbH after the event.

GAMOMAT’s competition standing highlights the company’s commitment to providing an exceptional workplace culture that values its employees. The company’s encouragement of respectful interactions and promoting a supportive work environment has led it to being known as one of the best employers in Germany. The recognition achieved by GAMOMAT provides momentum for the company’s current and upcoming projects, solidifying its reputation as a dynamic and successful organisation.

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IGT Signs Deal with Gift & Go

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International Game Technology PLC (IGT) has announced that it has signed an agreement with B2B gifting technology platform, Gift & Go. This relationship will provide casino operators who use the IGT ADVANTAGE casino management system the option to add Gift & Go’s on-demand gifting technology platform to their slot machines’ service window or secondary display via IGT’s M5 content management technology. When deployed, Gift & Go enables players to conveniently participate in promotional gift programs and collect an array of goods that are fulfilled via Amazon Business.

ā€œIGT’s agreement with Gift & Go can provide incremental value to our IGT ADVANTAGE system customers by enabling players to get items from Amazon Business through casino loyalty club gifting programs. We view this as a great way to enhance our systems solutions offering while helping our customers reduce product storage demands, labor requirements and capital allocations through a convenient and modern experience for their guests,ā€ said Ryan Reddy, IGT SVP Global Video Poker, VLT, Systems and Payments.

ā€œThrough our agreement with IGT, Gift & Go can integrate with the widely deployed IGT ADVANTAGE casino management system and help a diverse spectrum of casino operators significantly enhance their loyalty and continuity club gifting programs, which can help increase revenue and reduce player walk rate. The proven Gift & Go platform helps casino operators maximize player retention and replace legacy processes with automation, personalization and convenience that players genuinely appreciate,ā€ said Jon Reuben, Gift & Go Co-CEO.

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