The iGaming Revolution: How it Took Over the World

The iGaming industry has undergone a staggering level of growth in recent years. Having been worth around $70 billion just a few years ago, the industry’s value is anticipated to reach some $125 billion by 2027. And according to some experts, that number could hit more than $500 billion by the end of the decade.

The numbers are mind-blowing, but what’s even more impressive is that they make sense. The iGaming industry has developed significantly in the past years, to the point where, today, it’s simply no surprise that its products have proven to be a hit with consumers. Let’s take a closer look at how and why the industry has become so popular.

All-Out Convenience

To some people, iGaming websites are simply a digital version of what they could find in a real-world casino. But to most people, iGaming sites aren’t just an online version of a casino; they are the only casinos that they can visit. After all, most people do not live close to a real-world casino. Even fewer people live near a good casino. iGaming websites offer a level of convenience that real-world casinos couldn’t dream of. They’re accessible from anywhere and at any time of the day. Plus, they usually tend to have more games than what you’d find in a traditional, brick-and-mortar casino, including a wider selection of table games and the latest slot games.

Deals Galore

iGaming websites don’t just offer a great selection of games. They also usually offer outstanding deals and offers, the likes of which you would be highly unlikely to see in traditional casinos. There are websites that offer new users no deposit bonus codes, which allow them to try the site risk-free. Plus, these offers are easy to obtain online; users can, for instance, sign up on Jackpota via oddschecker with just a couple of clicks of a button, or quickly get a deal for a bonus bet at a sportsbook. These deals are widespread — virtually every iGaming website offers them — and, thanks to the sheer level of players in the market, tend to be extremely valuable.

Healthy Competition

There’s another advantage to there being so many companies in the iGaming sector: it helps to ensure that standards are kept high. The sheer level of competition means that any iGaming business looking to enter the market has to meet a certain standard. If they don’t, then it’s unlikely that a consumer would choose their site, not when there are so many others out there.

High Standards

And the standards of the iGaming industry are really high. It’s not just the sheer of games that they offer, but how they offer them. Modern iGaming websites feature exceptional design, are intuitive to use, and run smoothly. Indeed, the websites are among the best on the web, offering a user experience that is second to none. Throw in a range of payment options, fast withdrawal times, and outstanding customer service, and you have what appears to be an unimprovable website — and yet, the tech wizards behind the website somehow find ways to make it better.

Tech Trust

The iGaming industry has done a lot to ensure that its products are appealing to consumers. But those efforts would not have been impactful if consumers didn’t trust the online world with their sensitive information. A couple of decades ago, even people interested in using iGaming websites may have stayed away because they were unsure about inputting their data online. Now, thanks to the prevalence of online shopping, people are more likely to trust a website — and the iGaming industry has benefitted.

What the Future May Hold

The iGaming industry has well and truly arrived on the scene, but it’s not finished yet. The Latin America and Asia-Pacific regions are increasingly interested in iGaming products, and there is a host of new technological tools — such as VR and AR — that will help create an even better, more immersive experience. The bottom line? The future of the industry looks brighter than ever.

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