Connect with us
No campaign with ID: 2 on the server! Please check if the domain is not blocked on the server.

Latest News

Gaming & iGaming trends for 2021

Published

on

Gaming & iGaming trends for 2021
Gaming & iGaming trends for 2021Reading Time: 3 minutes

 

Gaming and iGaming industries exploded in 2020 as the pandemic has only reinforced the new edge entertainment trend. In times of massive uncertainty, the world turned to simulate reality games as a new way to connect and unwind.

According to Statista, today there are already more than 2.7 billion video gamers worldwide. The entire video gaming market is expected to be worth over $200 bln by 2023. As to iGaming, around 1.6 billion people gamble throughout the year, while the global online gambling market is anticipated to be valued at more than $92.9 bln by 2023.

Here we’re going to explore the impact of the pandemic in these domains, uncover new trends within the booming industries and learn what to expect for 2021.

Changes in the industries in the COVID times

Lloyd Richman, CEO of iBet Digital, thinks that since COVID-19 first hit, a lot of sportsbook bettors, who used to bet on a daily basis, started to look out for new things to bet on. “For sure, they were very unhappy, because almost all sports competitions had stopped at that moment. And this is why virtual sports have uplifted, as well as eSports”.

Lloyd briefly explained the difference between virtual sports and eSports.

“Virtual sports are predetermined or pre-recorded games architected by computer software. It’s very much a virtual video, that’s played out and then people can bet on that in real-time. Whereas in eSports people are competing against each other playing the likes of Counter-Strike or FIFA whether they’re playing individually or as teams. It’s streamed in real-time and viewers are able to bet on it the same way they do with sports.”

Will Mercer, venture director at Zag, a founder and CEO of Umaya Village, pointed out his favourite stats about eSports: “The entire of tennis as a sport can only support 300 full-time professional players, whereas League of Legends, which is just one of the many eSports, can support a thousand.”

At the end of 2020 Esports entertainment group acquired Lucky Dino for $30 mln, an online casino operator with its own proprietary casino platform. “You’ll probably see a lot more eSports levelling up with Sportsbook in 2021 because there’s a lot of money in that business”, says Lloyd Richman.

Poker also saw huge growth, in spite of the fact that just a few years ago, it was considered as a dying out product. Today poker products started to boom again across the whole industry. “People had time to kill while being stuck at home, sleeping patterns were changed and they were able to invest into things like 6-hours tournaments as opposed to quick Sit & Go games”, says Richman.

But all of this might change very quickly. “When poker was huge five years ago, eSports wasn’t really around. But today we’re seeing that virtual games are getting pushed a lot more. The same appeals to live casinos that boomed in the last few years. But all of it probably will go back into decline again, because the real sports are back”, noticed Lloyd.

From a technological perspective, there are several trends just coupling all together in an interesting way.

There’s a tremendous growth of the social media component in gaming. It became really important both in games and in-gaming infrastructure like Discord. “Gaming acts as the niche to hanging out and talking in comfort with your own communities and friends”, adds Vlad Beck, founder of Black Snow Games & co-founder of Sigma Software Group.

At the same time streaming has shown enormous growth compared to pre-pandemic. Twitch jumped from 9 billion hours watched in 2019 all the way to 17 billion in 2020. This is also accompanied by 5G getting up and running.

Casino in GTA V and the future of in-game experience

GTA V has sold over 110 million copies, making it one of the best-selling video games of all time, generating over $6 bln worth of revenue. In 2019 Rockstar released its Diamond Casino & Resort update, which lets players use real money to play its games. The casino’s chips can be purchased with in-game currency at a $1 to 1 chip ratio.

Richman believes that the full-time merging between online computer games and online casinos is happening right now. “It’s been happening, but very slowly. Rockstar released their Casino update six years after they released the original game.”

“In that week after they released the casino update, it was the most anticipated downloadable content (DLC) ever across PlayStation. They had more players playing GTA than they had in the previous six years”, emphasised Lloyd.

The audience wants to come on and play slots, walk up to blackjack people and watch virtual sports on horse racing. Rockstar merged into the casino and into gambling via creating slot games on an RPG computer game level. This is the accelerated change in gaming, and in the next 10-15 years merges like this are going to happen on a regular basis.

George Miller (Gyorgy Molnar) started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Click to comment

Notice: Undefined variable: user_ID in /home/eegaming/public_html/wp-content/themes/zox-news/comments.php on line 49

You must be logged in to post a comment Login

Latest News

Bacta to host Social Responsibility Exchange in November

Published

on

Reading Time: < 1 minute

 

Bacta will host its annual Social Responsibility Exchange at the County Hall in London on Thursday 22nd November, the trade body announced today. The event will provide members with an opportunity to share best practice tactics and strategies around Social Responsibility.

The event will be introduced by Elizabeth Speech, chair of bacta’s Social Responsibility Committee. YGAM and GamCare will also be speaking at the event alongside Social Responsibility updates from the Gambling Commission.

Bacta Membership, SR and Compliance Manager Russell Edge said: “Our Social Responsibility Exchange will allow members to hear crucial updates on Social Responsibility from the likes of the Gambling Commission, YGAM and GamCare.

“The day-long event will also provide a structured forum for discussion around the tactics and strategies bacta members are employing across the country.

“Ultimately, we hope members leave the event knowing more about Social Responsibility and having exchanged their knowledge where they can.”

 

Continue Reading

Latest News

Nigma Galaxy female CS:GO Champions: New docu-series follows rise to becoming champions

Published

on

Reading Time: < 1 minute

 

This Sunday 14th, Nigma Galaxy is set to release the first episode of their new docu-series, Jiggy Biggy Best: A CS:GO Story, which follows their hugely successful female CS:GO team and their journey to becoming champions at two major tournaments this year.

The first instalment of the series will be launching on Nigma Galaxy’s YouTube channel at 1pm CEST on Sunday. You can find more information below, in case the team’s story would be of interest to your editorial plan:

  • Fans will get a behind the scene glimpse into the female Nigma Galaxy CS:GO team preparing for two of the biggest tournaments of their careers – ESL Impact League Season 1 in Dallas to the stand-alone ESL Impact tournament in Valencia
  • The docu-series also offers an exclusive peek into the teams journey to the top – their training regime, team cohesion and a deeper dive into the world of female esports
  • Uncover the dedication and support Nigma Galaxy have placed on the competitive female esports scene, one of the fastest-growing sub-genres in the industry
Continue Reading

Latest News

Week 32/2022 slot games releases

Published

on

Reading Time: 4 minutes

 

Here are this weeks latest slots releases compiled by European Gaming!

Yggdrasil and AceRun have combined to deliver the hottest Egyptian themed slot of the Summer, Book HOTFIRE. This high volatility slot, which is AceRun’s debut title as part of the YG Masters program, pays homage to classic ‘book’ style slots, tasking players with collecting sacred books to trigger a lucrative bonus round that can see them win up to 6,440x their stake.

 

Amusnet Interactive has released its newest video slot, Fruit & Gold. The title promises players “a mixture of golden wins.” The game is described as a modern version of the retro symbol and juicy slots, “a classic video product” with a variety of lucky symbols and fruits. It is called “a combination of burning spins and frutilicious wins”. This 5 reel, 5 lines video slot “offers golden graphics and wild sounds,” according to Amusnet Interactive’s statement.

 

Pragmatic Play has released its new video slot Greedy Wolf. Set across 5×4 reels, the title features 20 paylines that are filled with iconic characters drawing inspiration from the famous tale The Three Little Pigs. Players are aided in forming matching combinations of these pig and wolf symbols by the titles wild which substitutes all other symbols in game.

 

Slotmill released its 16th video slot called Money Jar, which is a “Betty Boop” comic style inspired game with 46,656 betways. Money Jar is packed with features including respins, countdown wilds and a high-paced bonus game with a max win of 20,000 times bet!

 

Relax Gaming, the igaming aggregator and supplier of unique content, has continued its Tumble series with the release of TNT Tumble Dream Drop. The 5×7 slot features an RTP of 94% and a maximum win of 12278.7x the player’s bet and is the latest game to feature the company’s hugely successful Dream Drop jackpot.

 

Kalamba Games has created a real game of cat and mouse in the newly launched title Rumble Ratz Megaways™. The six-reeled slot has symbols depicting the various rat protagonists present in the game along with a wild which substitutes all other symbols except the K-Cash symbol making it easier for players to be awarded a win.

 

B2B gaming supplier Push Gaming has announced the network-wide release of Mad Cars, a post-apocalyptic race car derby where players brave four-wheeled mayhem to chase down wins. The adrenaline-filled title will be available to all partners across regulated markets and releases hot on the heels of recent hit titles like Fat Banker and Nightfall.

 

Fire up the furnace as Play’n GO turn up the heat on the pursuit of gold in their latest release, Forge of Fortunes. Way down in the depths of mines, glistening treasures await. To strike gold is the most invaluable of feats, but this is just the start to forging your fortune. Set on an unusual yet compelling 3×1 set of reels where the aim is to get three pieces of gold in a line which triggers the Forging Re-Spins and players have the potential to x2500 their total bet.

 

 

Pragmatic Play, the market-leading multi-product supplier, welcomes players to the ranch in its latest release, Black Bull.  Played across a 5×4 reelset, the title is home to a collection of symbols depicting eagles, wolves, lizards and more wildlife, which must be form into matching combinations across 20 paylines to award a win.  

 

Red Rake Gaming has once more opted for MillionWaysTM with this new game, a mode with 1 million ways to win that has already been hugely successful with players from all over the world. The design of this video slot will remind you of classic casino halls that are familiar to everyone, with an intrepid young main character and the chance to obtain endless wins. The objective is to follow his lucky streak and multiply your wins. The main feature is the Lucky Adam’s Fortune minigame, which is triggered when players complete the accumulator with grey Lucky Adam symbols and multipliers.

 

BGaming, a fast-growing content provider to the iGaming industry, goes live with its new slot Maneki 88 Gold, packed with Asian-inspired symbols, all-the-rage features, and 4 Jackpot levels. Maneki 88 Gold is the Asian-themed online slot with medium volatility and 96.9% RTP playing out on a 5-reel, a 3-row field with 243 ways to win.

 

Continue Reading

Trending

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.