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Innovation and trends in the online casino business

10 May 2018, 12:44 CET

The online gambling industry is always changing and evolving in order to best fit the needs of every online player. If you compare the early stages of Microgaming online casinos to some of the most reputable operators in the industry today you will see that they’ve come a long way.

The industry is growing steadily with an increasing number of online players with each passing year. The casino games are becoming more attractive and more interesting for players, while access to online casinos has never been easier. Let's have a look at some of the greatest innovations which changed the online casino business and what awaits us in the future.

Mobile Gambling

Introducing the mobile casino concept on the market revolutionized the online gambling business altogether. This was mainly due to the fact that when Net Entertainment made their big comeback on the world gambling scene their video slots were designed by using the HTML5 protocol. This allowed for the games to be played directly from the browser, without the need to install any additional software or to use a Flash Plugin. Thanks to this now players could access the casino games on the go simply by using their mobile browser, regardless if the device was powered by Android or iOS. Soon all of the software providers redesigned their games using the same method as Net Entertainment. This lead to a massive expansion in mobile casinos, since a big number of players actually preferred to play on the go. The fact that in 2016 the revenue from mobile casinos surpassed the revenue from desktop players speaks for itself what an awesome innovation the mobile casino really is.

Better Games Better Payouts

As technology progressed the software providers were close to follow. In the beginning online casinos offered classic slots and fairly mediocre video slots which had little to offer in terms of visual details or payouts. The modern video slots which we are used to playing today offer much more excitement and more lucrative payouts than the older slots. This is why the software providers are always competing to create the best video slots with the best payouts. Thanks to this the players can choose from a variety of video slots which can produce payouts in the millions of dollars.

Still one of the best innovations when it comes to online casino games was the introduction of the live dealer games by Evolution Gaming. This provider single handedly changed the face of the online gambling industry forever. Thanks to their innovation in live dealer games the online casino experience is the closest the players can get to a real live brick and mortar casino.

Bigger, Better Bonuses

Bonuses have always been one of the main assets online casinos have over regular brick and mortar casinos. In the past the bonus promotions almost every online casino offered were confined to the first deposit of the player and sometimes a few more for subsequent deposits. But today that's not the case. Since the competition on the online gambling market is very big, every casino is competing to attract as many players as possible with bigger and better bonuses. We can see an increase in bonus amounts which the wagering requirements are significantly lowered in the past few years. Today players also easily get no deposit sign up bonuses and regular loyalty rewards just for playing at the casino.

E-wallets and Instant Payouts

In the past players were somehow limited with the variety of payment methods they could use when playing at online casinos. But today this has changed dramatically. Players can now choose from a number of payment methods and use the ones which fit their needs the most. E-wallets like Neteller and Skrill are one of the most popular payment methods in the industry today, simply because most online casinos process payments to e-wallets very fast. In some casinos you will have your winnings on your e-wallet account in minutes after you make your withdrawal request.

Better Casino Regulations, Happier Players

Online gambling is becoming easily regulated in many countries around the world, thus many casino enthusiasts can play at an online casino for the first time. But we can see an increase in stricter regulations, especially by the UKGC, who are mandating all casino sites in UK to have fair and clear terms. This way the player will know what he is getting into and have more transparency, especially when it comes to welcome bonus offers. The goal is that in the near future all online casinos will follow strict guidelines for fair and transparent operations.

Skill casino games

One of the biggest innovations to look out for in the future are skill casino games. These casino games are inspired by Millennials and the impact PC and MMORPG games have on their daily lives. Several software companies are already working on and have managed to launch a few skill casino games, which are already available in some brick and mortar casinos. The concept behind these games is that the player will need to have a factor of skill as well as luck in order to increase his chances for making a profit in the game. With these games casinos aim to bring in younger players who at the moment don't seem to be too interested in the classic casino games.

More innovations to follow

Nobody knows what the future may hold when it comes to online gambling, but one thing in certain. The online gambling industry is always changing and keeping track with the latest developments in the world. We hope to see more great innovations in the future for better online casinos and happier online players.

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