The Global Evolution of Gaming Market and Casino
The casino gaming industry is considered one of the most efficient and adaptable fields in today's economy. In recent years, it has experienced a rapid growth rate, leading to high returns for both developers and gamblers. The introduction of cutting-edge trends has had a positive effect on the industry as a whole.
In this article we will explore the evolution of gaming market and casino, over the past three years and make predictions for the next five years. For a deeper understanding of this topic, we will explore some of the most diverse markets worldwide.
Canada
In recent times, Canada is showing a gradual opening to the betting industry, as evidenced by the case of Ontario. Currently, gambling is a controlled industry and allowed only if overseen by a provincial government. For example, the BC Lottery Corporation supervises and controls the industry in its entirety - including sports betting and Lotto - for the benefit of the British Columbian Government.
According to the most recent statistics, at least two-thirds of Canadians gambled in the past 12 months. A number that amounts to about 19 million players.
United States
The United States has historic gaming establishments on its soil that generate about $20 million in revenue annually. Among the public's favorite pastimes are Poker, Roulette, Craps and Blackjack, but also lotteries and sports betting. Online gambling is also popular in the U.S., thanks to government efforts to establish laws favorable to the activities of digital operators.
Asia
Asia boasts a potentially huge pool of interest in gambling, and fortunately, betting is legal in most countries on this continent.
The number of land-based casinos in this region of the world is higher, if compared to online gambling portals, which nonetheless are popular particularly for Fortune 3 Card Poker, Texas Hold'em, and online slot machines.
Europe
Europe is traditionally divided into two parts: Eastern Europe and Western Europe, given the completely different political and social history. However, at present, every country on the continent boasts dedicated regulation of the activity of betting and gambling games.
Bottom Line
As we have seen, the global evolution of the casino and gaming market is touching every continent in the world and its growth will not change in the next five years.
This, thanks to different factors, such as the use of new technologies, virtual and augmented reality, but also hybrid games to entice users and win their enduring interest.
Finally, to attract new niches of players, operators are also working to introduce skill-based games. This is a type of entertainment dedicated to those who prefer a game where they can use their skills and not simply tempt fate, as in the case of [free slot machines]/slots/ca).
Future generations will be more accustomed to immersive experiences, and because of this, operators must also accept the challenge of offering skill-based and hybrid games for a broad, multiple offering and to differentiate themselves from competitors.
