The modern gambling market is considered to be one of the fastest-growing spheres. In order not to sound proofless, we would like to give a simple example: in 2005, the global gambling business has generated profits of 6.7 billion dollars. By 2019, the market turnover has increased by almost ten times — the industry’s revenues for the second quarter of this year have already exceeded 51.9 billion dollars.
Specialists of the Gaminator company regularly monitor the gambling market and are ready to tell you not only about the development prospects of the gambling industry but also about the main trends that can radically change the very concept of “casino business”.
The gambling industry is changeable and inconstant, and however, it is worth highlighting several main trends that have been relevant for a fairly long time:
According to experts, the annual rate of growth will increase over the next five years. According to the Grand View Research independent research centre, the gambling market will grow at least by 11.5% until 2025. The turnover of revenues by this date will reach 102.9 billion dollars.
The situation on the modern market (a reporting period — the second quarter of 2019):
Structure of earnings in the online segment in 2019 | ||
The industry sector | Per cent indicator | Total revenue |
Sports betting and bets on artificially generated events | 48,7% | 19,5 billion euros |
Casino business (card and table games, live entertainment, and traditional slot machines) | 26,8% | 10,7 billion euros |
Lottery draws (state and commercial ones) | 8,9% | 3,5 billion euros |
Poker (single player, team competitions, international tournaments) | 6,2% | 2,5 billion euros |
Skill-games, content with logical tasks and quests | 5,1% | 2 billion euros |
Bingo draws, other kinds of gambling content | 1,8% | 4,5 billion euros |
Despite the fact that business on the Internet does not have geographical boundaries, there are several main regions on the modern market that cannot be ignored. For example, in 2019, the largest sector is considered to be European, which has about 53% of the global income. However, by 2025, the situation may change. Please find hereby the regions that have every chance of becoming the new world centres of the gambling industry:
As we have already mentioned above, the gambling business is rapidly conquering the mobile market. Traditional desktop products are gradually fading into insignificance, giving place to cross-platform software that can be displayed correctly, regardless of the used platform.
Another innovative growth option is casino games via the smartwatch. An interesting fact: the Microgaming company has first presented such a type of gambling activity back in 2015. Later, this idea was waived but, by 2025, smartwatches can even steal competitive advantage of smartphones. Analysts predict that, by 2020, the turnover of these popular gadgets will exceed 19.62 billion dollars.
According to forecasts, by 2025, it will be impossible to imagine an online business without a payment system that can accept the virtual currency. Already in 2023, every second website will be able to accept electronic money. Bitcoin will become one of the safest, financially profitable, and ubiquitous currencies.
Boring fruit-themed slots already can be included in the category of “retro”. Modern players prefer not to depend on luck and control the game session independently. Therefore, the world's leading suppliers have focused on the development of an innovative product line — skill-games. It is a kind of combination of computer quests and familiar slot machines with reels. Users can pass additional levels, “level up” skills, solve logical tasks for additional prizes, and take part in thematic tournaments or short-term promotions.
The gambling market is the most changeable and extraordinary sector of the economy, which is extremely promising, and which provides you with an opportunity to get fancy.
Leave an application to Gaminator managers, and we will show you what nuances you should pay attention to when entering the international arena, what range of content it is necessary to offer modern players, and what profit can be brought by exclusive solutions that cannot be found in catalogues of even the largest brands.
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Change is all around us, and it is time to seize an opportunity and begin to dictate the pace. Become a part of the profitable gambling market right now! Contact us:
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