The Biggest Igaming Industry's Trends
3 years ago

05 Apr
The Igaming industry is very innovative. If you trace the history of its development, you can see that it has become the home of those who are always one step ahead. First, a unique slot machine was created, which is considered to be the prototype of today's automata. It happened in 1891. Just 4 years later, a real 3-reel slot machine featuring bells, cards and horseshoes was launched. In short, everything that today is called a classic. The greatest peak of the development of gambling came in the 40s of the 20th century. Each subsequent decade was marked by innovative solutions in this field.
For 80 years, slot machines have been able to move into the online space. Players can now enjoy casino games while sipping tea on the veranda or the train. The industry and online casinos have advanced so much in their development that developers and operators have to find new and unique solutions to keep players entertained. It's challenging, but it's the only way to stay competitive in the industry's heyday.
Crypto casinos are becoming very popular
Blockchain technology and crypto casinos are among the latest global innovations in iGaming. The first gaming sites to use blockchain technology appeared in 2014. It was a bold decision at the time, as cryptocurrency seemed unusual and dangerous to more players. This was influenced by a governmental rejection of bitcoin and other currencies as a means of payment, a distrust of something unknown, and a too sharp surge in bitcoin's value. Speaking of which, operators were also afraid to get involved with crypto. Over time, all that has changed. Gamblers finally realised the benefits of using blockchain technology to settle with gambling clubs.Many factors have influenced the popularisation of this innovative system. Their combination has activated a well-known marketing formula. It states that demand breeds supply. In this regard, many operators have "caught the wave" and rushed to create institutions that accept deposits in crypto. It comes as no surprise now that the playground allows both FIAT and Crypto payments.
Crypto casinos, compared to classic casinos, offer better conditions: more attractive bonuses, better security, instant withdrawals, and even no verification withdrawals (according to casino howto). Agree, at least these factors can attract more customers. It should be understood that it is the blockchain casinos that offer the greatest benefit to players. They eliminate the need for verification, simplify the registration process, and offer fast payouts. However, conventional institutions cannot implement these benefits on their platforms. You should agree that the difference is obvious. If we take a closer look at the reasons why crypto casinos have become an innovation in iGaming, the following picture emerges:
- Decentralisation of the blockchain. Thanks to this unique system, the state will never be able to identify its citizens. The biggest beneficiaries are players from the state where online casino gaming is banned and those who do not want to share in the taxes on their winnings
- Anonymity. It is vividly linked with verification. If a casino does not require verification, you will never be recognised
- Security. The blockchain system is designed in such a way that there is no chance of data leakage, fraud and so on in gambling clubs. But there is one side note. If you happen to misspell your crypto-wallet address, you'll never get your money back as mistakenly sent
- High transfer speed with minimal fees. For the money to go to the right address, the approval of other blockchain participants is required. This most often occurs after a few subsequent transactions in the system. Consequently, this increases the speed of transactions many times over. The waiting time is, at worst, 24 hours, compared to 3 to 7 days with classic payment systems.
Maximum winning on modern slots are crazy
In the first slot machine, the winnings were... a mug of beer or coffee. Much later, there were the 'one-armed bandits', where you had to line up identical images. They lacked additional features so it was virtually impossible to win good money. These games had only one function - a progressive jackpot. History knows of no more than a dozen cases in which players have managed to win big money.Although progressive jackpot video slots are still popular today, many developers offer an alternative. In some models, the maximum winnings are as high as x150,000 of your bet. One example is the Nolimit City San Quentin video slot. It has a betting range of 0.20 - 32 EUR, 243 paylines, payout frequency 34.25%, RTP 94.11% - 96.02%. By simple calculation, it can be calculated that if a player wins, he could get from 30,000 EUR to 4,800,000 EUR!
It's hard to argue that such games offer a unique chance to get rich sitting at home. There are over 10,000 titles in the online niche. That's a crazy amount of games, and it's growing all the time. With the stiff competition, the providers have to release the most profitable slots for the players. This includes the use of innovative features that enhance the winning potential.
New slots have many features
Another modern trend in iGaming is the search for new, innovative solutions in the process of creating video slots. Many of today's slot machines have standard features - Free Spins, Scatter, Wild and others - but some providers are trying to make the gaming experience unique by introducing new bonus options.Megaways, Avalanche reels and Buy bonus features remain the most on-trend at the moment. These innovative features multiply engagement by uniquely enhancing the gameplay and improving the game mechanics. That said, any model with these features is also controlled by the RNG, which guarantees its fairness. This is very important at any given time. Note that the creators of these features sub-license them. As such, they may be called by slightly different names. For example, Avalanche reels at Quickspin has the name Swooping reels.
Feature Avalanche reels appeared in 2010 thanks to industry-leading studio NetEnt. It gives more chances to win because when a winning combination occurs, it disappears and other symbols land in its place. This process continues as long as winning combinations are formed.
The next breakthrough came in 2015 with Big Time Gaming's Megaways feature. Their creative Dragon Born slot completely changed the way video slots could payout. Instead of traditional paylines, these games offer hundreds of thousands of ways to win. It's only logical that this feature has become such a sought-after feature that the number of such games continues to grow. Just a year later, the same studio has introduced a new slot machine with a Bonus Buy feature. Needless to say, the ability to buy the feature at any point in the game instantly raised the demand for games with this feature to the sky?
Live Casino games in huge demand
The last decade has been continuously associated with the rise in popularity of Live casino. Essentially, it allows you to physically sit back on your couch, but mentally be in the room where the cards are dealt by a real croupier. A live casino is an innovation in itself, but that's not all. In such lounges, players can zoom in on the cameras, change their viewing angles, and interact with the dealer as if he were sitting across the room.Authentic Games went a step further and in 2016 launched a range of roulette games that are broadcast from real land-based casinos. There are still no analogues to such lounges. Live casinos, unlike slot machines, are not based on pseudoRNG operations. All fallout as in the real institutions, depend only on the hand dealer. At the same time, thanks to the camera's focus capability, you can always be sure of the croupier's honesty.
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