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The creation of an iGaming website is a thoughtful investment. To establish a successful project, you will need to be well-versed in the main trends and features of the industry.
The Smart Money studio has prepared an article on how to start a digital casino in 2023. We will talk about the latest trends and innovations, as well as the most popular business solutions in the niche.
From us, you can order a turnkey casino along with an integrated package of slot machines, a built-in payment gateway, and other necessary components.
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Smart Money experts analysed reports from such reputable iGaming portals as:
According to published studies, by the end of this year, the income from the organisation of the gaming business will reach 117 billion dollars. This is 2.1 times more compared to the results of 2018 (58 billion dollars). According to analysts, the casino sphere will continue to develop, especially given the legalisation of games for money in the US, Europe, and Asia.
In addition to the increasing profitability, it is expected that the gambling business will undergo the following changes:
Growth in the profitability of mobile casinos | Slots, sports betting, and lottery drawings hosted on the basis of mobile casino systems will generate 60% of the industry's total revenue. Experts predict that in 2026, this figure will reach 80%. Online casinos and mobile applications are gradually replacing land-based gambling |
Reduction of the age of the target audience | The lion's share of users of portable devices (smartphones, laptops, and tablets) consists of people between 18 and 35 years old. It is not surprising that this segment of customers will bring the highest income (60% of total revenues) in 2023. Gamblers aged 36–45 provide 30% of the profits and players aged 46 and older — 10% |
Introduction of new casino game genres | Despite the widespread popularity of slots, new types of solutions will appear on the market, for example, the share of social and casual games is definitely going to increase. Among the preferences of users, experts also note live table entertainment. Baccarat, poker, and blackjack are extremely in-demand in 2023 |
Legalisation of gambling in many jurisdictions | It is expected that the US market will undergo big. The governments of the federal states, one by one, legalise gambling, taking into account its huge potential. Casino services have already been approved in New Jersey, Michigan, Pennsylvania, Kentucky, and some other states. In 2022, Minnesota and Georgia will be added to this list. Moreover, this year the first licences were issued by the Ukrainian authorities as well |
Undoubtedly, 2023 is marked by innovations in the described sphere. Therefore, in order to launch an online casino and receive good payback, entrepreneurs need to use as many modern tools as possible.
Technologies that, according to Smart Money analysts, are currently considered the most relevant:
Cryptocurrency payments attract players for several reasons:
The Smart Money studio recommends that operators add the option of Blockchain transactions to the menu of the main payment gateway. Thus, gamblers will have a choice: to use traditional fiat money or digital currency.
The first VR and AR casino games appeared in 2016. Due to the high cost of headsets (glasses and helmets), many businessmen have abandoned the active use of these technologies.
In 2020, such IT concerns as Google and Samsung presented several budget headset options, making VR and AR entertainment widely available. Users appreciate such products for a high-quality and detailed picture, as well as a complete immersion in the gameplay.
In the gambling niche, these technologies are often used together to:
The use of Big Data and AI improves customer service and makes casino software reliably protected against internal and external threats and any type of technical failures.
The main characteristics of a high-quality modern virtual gambling establishment include:
This profitable niche will only strengthen its position in 2023.
With Smart Money, it is possible to launch a modern gaming site in the shortest possible time. From us, you can buy both ready-made projects and individual products: casino payment software, games from the best manufacturers, and business security solutions.
To find out more about the prospects and trends in the gambling market, please contact our managers.
Do you still have any questions? Ask an expert
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