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iGaming in 2024: What to expect?

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As the year 2024 unfolds, significant expansion and growth are expected to take place in the online gambling industry.

The iGaming sector is set to be influenced by evolving regulations, technology innovations, and fresh market opportunities. Analysts are anticipating global revenues from internet gambling will reach $127 billion in 2024, representing impressive compound annual growth of 8% from 2022 revenue totals.

Are you looking forward to exploring more of what iGaming has to offer this 2024? Delve deeper into the details as we gather some of the key trends and developments to expect in the online gambling industry this year.

Mobile Gaming Expansion

As mobile devices secure more than 50% of the global iGaming industry, the online gaming sector continues to experience substantial growth. With smartphones establishing supremacy in online gambling this dominance is expected to carry on this 2024.

Operators are now working on a better adaptation by optimizing apps and sites designed for smaller screens with the following features:

  • Responsive Design
  • Scaled-Down Graphics
  • User-Friendly Navigation
  • Smooth Thumb Interactions

Users can also anticipate convenience in payment methods as sites integrate seamless one-touch payments and exclusive free bet promotions targeting mobile users. Not to mention the ongoing shift of iGaming towards mobile as the preferred gaming device to provide improved gameplay and graphics through the deployment of high-speed 5G networks.

Online Gambling on Virtual Reality

Virtual reality is poised to be a game-changer for online gambling in 2024 and beyond. Top casino site operators are already developing VR casino environments that immerse players in hyper-realistic digital worlds using next-generation graphics, 3D spatial audio, and haptic feedback for touch sensations.

As VR hardware improves and becomes mainstream on more platforms from mobile to consoles, these virtual experiences will enable multiplayer interactive gameplay at new levels. Players seated around a virtual poker table will see each other’s avatars and gestures as they banter and bet. Gamblers can reach out to pull 3D slot machine handles that vibrate on a winning spin. The technology promises to blur the lines between physical and online casinos.

Gambling with Cryptocurrency

The significant growth of cryptocurrency usage for deposits and withdrawals on gambling sites in 2022 is expected to experience further acceleration in 2024. This momentum will be fueled by increased integration of crypto payments by operators, featuring simplified wallet connections to streamline the process. The appeal lies in fast, secure transactions and circumventing credit card bans on gambling deposits, addressing challenges for both operators and players.

Increased Personalization

In 2024, operators are expected to leverage player data and AI to deliver exceptionally personalized experiences. Through analyzing individual preferences and behaviors, iGaming sites can offer relevant game suggestions, craft customized promotions and bonuses, and strategically target specific players with tailored offers at the most opportune moments.Top of Form

Loyalty programs will also become more personalized through tiered rewards, personalized communications, and VIP treatment. These personalized experiences enabled by player analytics and AI improve engagement, satisfaction, and brand loyalty.

In 2024, look for personalization to drive the next stage of innovation by giving each player a uniquely tailored journey optimized to their needs.

Expanded Use of Streaming

Live streaming will become integral to the iGaming experience in 2024. Operators will enable interactive live casino streams where players can chat in real time and celebrate wins together. Streaming slots sessions will also showcase gameplay and bonus features while building engagement.

With integrated streaming capabilities added to casino platforms, players can easily go live to share big wins, host tournaments, or interact with audiences. As streaming becomes a seamless part of the experience, it will facilitate community, transparency, and entertainment around games.

The expanded use of streaming aligns with mobile users’ interactive, connected ethos and will help drive the next evolution of iGaming.

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Win tickets to the BLAST Premier Fall Final: GG.BET is running a MEGA BLAST Competition for fans of ĐĄS2

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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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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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EuropeanGaming.eu is a premier online platform that serves as a leading information hub for the gaming and gambling industry. This industry-centric media outlet reaches over 200,000 readers monthly, providing them with compelling content, the latest news, and deep-dive insights.

Offering comprehensive coverage on all aspects of the gaming sector, EuropeanGaming.eu includes online and land-based gaming, betting, esports, regulatory and compliance updates, and technological advancements. Regular features encompass daily news articles, press releases, exclusive interviews, and insightful event reports.

The platform also hosts industry-relevant virtual meetups and conferences, and provides detailed reports, making it a one-stop resource for anyone seeking information about operators, suppliers, regulators, and professional services in the European gaming market. The portal's primary goal is to keep its extensive reader base updated on the latest happenings, trends, and developments within the gaming and gambling sector, with an emphasis on the European market while also covering pertinent global news. It's an indispensable resource for gaming professionals, operators, and enthusiasts alike.

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