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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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SPIN INTO A WORLD OF MYSTERY AND FORTUNE WITH SPIN 2 RICHES™

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 Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE) a leading B2B provider of gaming content, systems, and solutions is thrilled to announce its latest slot game, Spin 2 Riches™, now available the UK B3/LBO market. Offering players an unparalleled gaming experience filled with mystery symbols and Fortune Spins. Spin 2 Riches invites players to embark on a thrilling adventure where every spin brings the promise of untold riches.

In Spin 2 Riches, players can activate the Mystery symbol by playing at the max stake of £2. Watch in anticipation as the Mystery symbol appears, revealing a random symbol that could pave the way for even more significant wins. But the excitement doesn’t end there – prepare to be captivated by Fortune Spins. Land three Fortune Spin symbols on the centre win line to unlock Fortune Spins across four-reel sets, offering an alternative to the base game and presenting players with two thrilling options: 1 in 10 or 1 in 20 chances to win big.

Spin 2 Riches is now available in retail, ready to captive players with its immersive gameplay and thrilling awards.

Richard Terry, UK Market Product director said: “Spin 2 Riches is set to be a great addition to the ever-expanding B3 top Inspired titles. With its vibrant theme, exciting Mystery symbol mechanic and the addition of Inspired’s phenomenal resonantly branded Fortune Spins™, players are sure to enjoy an entertaining experience

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OpenBet Powers Record-Breaking 100,000+ Peak Bets per Minute at Grand National 2024

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OpenBet Powers Record-Breaking 100,000+ Peak Bets per Minute at Grand National 2024
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Provider’s robust engine processed 397 million account transactions during top horse racing festival

OpenBet, a leading content, platform and service provider to the sports betting industry, has reported impressive results at this year’s Grand National Festival, processing 101,000 peak bets per minute, which represents an increase of 21% year-on-year.

The 2024 edition of the iconic race held at Aintree saw jockey Paul Townend secure his first Grand National win with joint-favourite I Am Maximus. During the horse racing festival, OpenBet’s robust betting engine powered the account transactions for market-leading operators such as William Hill, Entain and Flutter, delivering a seamless betting experience for their customers.

Despite a reduced field size of 34 runners during the flagship race, betting interest remained extremely high across the three-day festival, which remains one of the busiest horse races of the year.

 

Significant highlights across OpenBet’s customers included:

  • 101,000 peak bets per minute (BPM), 21% increase vs 2023
  • 3,000 peak bets per second, 34% increase vs 2023
  • 397 million account transactions, 3% increase vs 2023
  • Average Win and Each Way stake was £5.42
  • 100% uptime

Florian Diederichsen, CTO at OpenBet, said: “We continue to deliver record-breaking results at OpenBet, across some of the world’s major sporting events.

“This year, the Grand National continued to attract extraordinary levels of bettors. With an average win and each way stake being £5.42, any downtime would have risked £100,000s of lost turnover. However, our operator partners were able to deliver a seamless betting experience for the historical event with the support of our highly experienced team, and industry-leading technology. We look forward to delivering even more success during the summer of sport ahead.”

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Push Gaming’s DJ Cat Spins the Discs and the Reels

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B2B gaming supplier Push Gaming has released the second in its series of DJ games, DJ Cat, which brings a range of new features to amp up engagement.

Following the success of DJ Fox, this new follow-up retains the easy-to-understand, win-what-you-see gameplay, adding in larger win multipliers.

Lining up CD symbols helps players to build big prizes while VIP icons grant access to spin the decks and feed the Multiplier Meter. Arrow symbols crank the volume and unlock more reels using the iconic Push-Up feature.

Following a growing trend within iGaming, DJ Cat omits a bonus feature and instead is designed to deliver volatile gameplay throughout the title.

DJ Cat is the first second-quarter release from Push Gaming and launches ahead of much anticipated upcoming titles like Retro Sweets and Cats of Olympuss.

“Win-what-you-see games have enjoyed a surge in popularity recently and we’ve taken that trend and framed it in a contemporary theme, delivering something fresh to players and operators,” the Senior Game Producer for Push Gaming, Craig Turner, said. “In another unique twist from most of our catalogue, we decided not to implement a bonus round but instead designed the entire game with a fast-paced feel that we’re sure players will love.”

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