What is iGaming?

May 20, 2019

SHARE THIS POST

In cooperation with our partner.

Gambling has been for thousands of years a popular activity among people from all over the world, regardless of background or social status. Land-based casinos and game parlors have provided them with the means to enjoy gambling in glamorous locations. In many countries, these used to be the only places where it was legal to play games for cash, so they had a monopoly over the gambling industry. Online gaming, commonly referred to as iGaming has changed the rules of the game and now most players enjoy their preferred casino games over the Internet.

What does the iGaming Industry Offer?

Ideally, iGaming should provide players with a secure environment where they gamble legally and securely. Online casinos have easy pay by phone casino methods to deposit funds, provide access to hundreds of games that cover all genres, such as slots, video pokers, table games and many more. Online poker and sports betting also fall into the category of iGaming, so essentially this industry includes all forms of gambling conducted over the Internet.

Have you seen this:
Upgrading your virtuaal character: gaming or gambling?

Reputation is everything in iGaming and that’s why prestigious casinos and sports books try to secure local licenses in the countries they operate. Internationally, many have chosen licenses issued by the regulatory these of the UK, Gibraltar, Malta and Curaçao. These enable them to cater to players from all over the world, while projecting an image of trustworthiness. In conjunction with using reliable payment methods and encryption technology that protects the website, they appeal to online punters.

Mobile devices have acted as a catalyst for growth and the entire iGaming industry has prospered since the advent of smartphones and tablets. Today, players can use these gadgets to play all the games available in traditional casinos, in a far more convenient manner. Not only the advancement of technology, but also the sheer quality of the slots and table games developed for mobile devices has propelled iGaming forward. Many players today rely on specialized mobile apps to deliver tailor-made solutions, directly to the mobile gadgets used by millions of people all over the world.

Have you seen this:
8 Ways to Quickly Improve Your Essay Writing Skills

The Future of iGaming Looks Bright

The online gambling industry is going strong and with each passing year, the number of active players increases. Today, mobile devices bring in the highest number of players, appealing particularly to social and casual punters. The prospect of using smartphones and tablets powered by various operating systems to enjoy all the games available on real and virtual currency is to many, simply irresistible. The appeal of crypto currencies has dwindled among investors, but Bitcoin is still popular among online players.

In the upcoming years, it is likely that virtual reality will propel iGaming to new highs, as this amazing technology becomes more powerful and affordable. VR games are immersive and act as a breath of fresh air in a huge industry that is tempted to improve instead of innovate. For the time being, iGaming relies mostly on expanding the already comprehensive selections of popular games available at leading casinos. Virtual reality will provide if fuel for further growth and it’s likely to be the next big thing.

Did you miss breaking news?We publish new content every day.

Get our daily summary and monthly recap so you never miss out...