The estimated size of the global online gambling market by 2027 is $125 billion.
In the next seven years, the worldwide industry for online gaming will be worth $125 billion, predicts Cision. Its value was projected to reach $53.7 billion in 2019. Most individuals were taken aback by this forecast when the epidemic really started. Some industry observers, however, think that 2020 will be the finest year for online gaming. Could it be that the offline casinos were closed during the lockdown? Possibly, however additional elements are anticipated to help the
Initial release: January 4, 2022
THE PREVALENCE OF CASHLESS GAMING SOLUTIONS IN CASINOS
According to CasinoBeats, more casinos are now adopting a cashless system. This is especially true all around the US. Most casinos are implementing this strategy as a result of the COVID-19 epidemic. For casinos and other companies, the pandemic has grown to be a significant threat in 2020. It seems that not all casino patrons agree with the establishment’s digital payment method, though. The American Gaming Association (AGA) had requested a swift transition to a
Initial release: December 16, 2020
BETBOOM ONLINE CASINOS AND BETSOFT GAMING FORM NEW PARTNERSHIP
According to iGaming Business, BetBoom online casinos have teamed up with Betsoft gaming to give its consumers a top-notch gaming experience. Both businesses, however, enjoy a solid reputation and are known around the world. To increase their reach, BetBoom online casinos have formed alliances with leading organizations in the gaming sector. Occasionally, a cooperation between two respectable businesses doesn’t produce the desired outcome. Nevertheless, observers of the market are hopeful that the partnership between BetBoom online casino and Betsoft Gaming will be fruitful. Will this collaboration be successful? Let’s examine
Initial release: December 10, 2020
SPRINGBOK CASINO’S IC WINS SLOT: ARCTIC ADVENTURE & FUN
BusinessWire claims that Springbok Casino’s IC Wins Slot game provides players with an enjoyable and lucrative gaming experience. The game is scheduled to debut on December 16, 2020. RealTime Gaming powers the slot machine. In other words, the IC Wins slot machine game warrants enjoyment. Free spins and re-spins will be given to players till they win. Daniel Van Wyke, however, asserts that participants must have guts to venture into the forest and look for numerous
Initial release: November 23, 2020
NETENT PARTNERS WITH SVENSKA SPEL SPORT & CASINO TO LAUNCH LIVE CASINO
Within the gaming sector, NetEnt has consistently advanced. They are making progress because they want to keep growing their presence. A recently finished technological integration that enables NetEnt’s live casino games to be offered on Svenska Spel Sport & Casino is their most recent effort toward accomplishing these goals. On their state-owned Svenska Spel Sport & Casino, players now have access to live casino games including Auto Roulette Studio and Blackjack (Blitz and Perfect). It is one of the
Initial release: October 19, 2020
HOW TO IDENTIFY THE BEST ONLINE CASINOS WELCOME BONUSES IN FIVE STEPS
When it comes to luring new customers, casinos have fierce competition. Each casino makes enticing sign-up bonuses in an effort to attract new customers and outdo its rivals. This makes choose which sites to establish a new account on quite difficult for gamblers. The welcome bonuses are most frequently seen on many casino websites, but they are not particularly prevalent in other areas of the gaming business. Casino bonuses are created to provide players with additional
Initial release: October 8, 2020
Online casinos are illegal, according to the South African gambling regulator.
The National Gambling Board is now worried that online or interactive gaming is being discussed in some circles. This is because more South Africans are interested in playing online casino games, and most of them think it’s okay to do so. The National Gambling Board of South Africa has clarified the rules for safe online gambling, nevertheless. South Africans have been warned that online and interactive gambling are forbidden because of this.
Initial release: October 1, 2020
THE PRESIDENT OF THE BITCOIN ASSOCIATION: BITCOIN’S USE IN GAMBLING
Nobody anticipated that cryptocurrencies, particularly Bitcoin, would become widely accepted. The necessity for a cashless world has been reaffirmed by the COVID-19 epidemic. The majority of sectors, including the casino sector, are now accepting the usage of cryptocurrencies for transactional purposes. According to CalvinAyre.com, Jimmy Nguyen suggested that a Bitcoin SV may be utilized for a variety of purposes during his conversation with Tom Lee from Fundsrat. He proposed, for example, that a Bitcoin SV may be a practical way of
Initial release: September 28, 2020
SUN International intends to reduce employment in Chile and South Africa.
Nearly all industries have been badly impacted by the current lockdown limitations. The casino and hotel businesses, however, are among of the most severely impacted. This is so because the survival of these enterprises depends mostly on tourists from other countries and the selling of alcohol. One of the most recent casinos to make the decision to implement stringent steps to make sure that they withstand the tight limitations imposed by various nations is Sun International Casino. The casino intends to eliminate 3,300 positions to make this happen.
Initial release: September 17, 2020
Residents of Bo-Kaap are opposed to constructing a casino there.
No Casinos Allowed in Bo-Kaap Bo-Kaap is Afrikaans for “above the Cape.” It’s in Cape Town, South Africa. It was once known as the Malay Quarter, a township. The majority of the area’s residents are Muslims, and last week they reacted to the news that a casino applied to establish nearby by taking up guns. Notice in the provincial gazette that online casino South Africa – ClevaBets had submitted an application for a license set off this protest.
We need to crack down on unlicensed operators, says the German Casino Group.
The iGaming industry in Germany is going through a number of changes, and in the years to come, there will likely be some significant ones. The amount of money that may be wagered online will be strictly regulated. This has led the iGaming sector to seriously question whether it is wise to operate within the nation. There have also been questions over what exactly qualifies as an authorized license. The leading online gaming companies have found Schleswig-Holstein to be highly accommodating. But the persistence