The pandemic situation has set a high bar for online gambling. With many physical casinos closing shop during quarantine, more players began gambling online. The worldwide revenue from online gambling or free spin increased considerably in 2020, visit the 22Bet registration to know more, reaching about 20 percent of overall gambling revenue. The year not only saw the expansion of customer bases but set up regulatory development that could mean stocks will soar in 2021.
Six new states vote to legalize online gaming
Governments need revenue which makes them more amenable to legalizing online gaming. Six U.S. states included online gaming legislation in the 2020 election ballet, and they all voted in favor. President-elect, Joe Biden, has also said that his administration will not impose unnecessary legislation on the gambling industry.
Authentic online casino experiences
Artificial intelligence is helping online casinos to create more personalized user experiences. It can analyze user preferences and create a customized page for each user. Interactive chatbots are helping to guide users.
Parx Casino in Philadelphia, which offers PA online gambling, will soon be offering an authentic online casino experience where players can interact with real dealers and play for real money. Live dealer games such as blackjack, roulette, baccarat and more will stream directly to screens in real-time.
Industry-leading gaming technology company to expand
One of the predictions for the global economy in 2021 is that it will pick up in the second half of 2021. Bragg Gaming Group is an industry-leading gaming technology company that provides solutions to online casino companies to enhance user experience. They are looking to strategically expanding into new markets as they open up legally to more online casinos thanks to the 2020 ballot wins.
Increase in sports betting
A number of traditional casino operators have given strong indications that online sports betting will be a significant part of their business going forward. Joining a sports community can be extremely rewarding and sports fans are downloading betting apps and using their favorite ways to sports bet. All their favorite sports are available, including basketball, baseball, hockey, golf, MMA, soccer and football.
More mobile gaming
Using mobiles means gamblers can access online gambling websites no matter where they are or what they are doing. Mobile gambling apps are increasing accessibility and convenience. Smartphones have many amazing features operators are using to launch their apps, such as fast processing speeds, high-end graphics, and extended storage.