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Over the last few years, the iGaming industry has seen exponential growth. While we can attribute some of this to the global Covid-19 pandemic keeping us all indoors for months, the popularity of online casinos has also increased due to the huge range of new products and technology that makes the experience better than ever before.
As the industry continues to grow, smart investors are taking up the significant investment opportunities that are presented. In particular, online casinos have become a major player. Offering a wide range of casino games, such as blackjack, roulette, baccarat and poker, these platforms and the technologies they use offer unique ways to invest.
As digital trends like cryptocurrencies become more widespread, the growth of the iGaming market is expected to continue. Investing in this space, however, requires an understanding of both traditional markets and emerging technologies.
Investing in crypto casinos
With cryptocurrencies becoming more commonly used, it’s only natural to see them infiltrate into online gambling platforms. This is one of the most significant online casino developments in recent years. Bitcoin and crypto casinos are gaining in popularity due to the enhanced security and privacy that cryptocurrencies offer.
Whether it’s Bitcoin, Ethereum or another digital currency, investors are just as attracted to these platforms as tech-savvy gamblers are. As more online casinos adopt these currencies as a payment option, they – as well as their infrastructure – become a potentially lucrative opportunity for investors.
Crypto casinos tend to appeal to a more tech-oriented audience too. This broadens the overall iGaming player base. As such, investors should pay attention to up-and-coming iGaming companies that are embracing blockchain technology and cryptocurrencies as potential investment opportunities.
Game providers and software developers: investment opportunities
Another smart investment in the iGaming market would be in game providers and software developers. Leading companies like Evolution Gaming, Pragmatic Play and Hacksaw Gaming have a wide range of successful and popular games. These developers, like many others, have been integral to the success of many online casinos.
Live casino game providers are another area seeing increased investment. These games are presented from a real casino or studio and live-streamed in real time to people all around the world. This mix between a traditional casino experience and an online gambling one is becoming much more popular. Flush.com, for instance, is a good example of a live casino, while Pragmatic Play, as a developer, has created hit slots like Gates of Olympus and Sweet Bonanza. By monitoring the performance of these providers and the popularity of their games, you can identify opportunities for potential investment.
Live casino games and market expansion
The iGaming arena has seen an increasing demand for live dealer experiences. Many players who enjoy the thrill of real-time gambling now seek the realism and excitement of a real dealer on their screens. Playing live roulette, baccarat or blackjack online with a real croupier replicates the traditional experience of a casino – from the comfort of home.
This growing trend means there are many exciting investment opportunities as more and more online casinos are seeking to expand their offerings to meet customer demand and expectations. Keeping up to date with sports betting and iGaming ETF news will help you know whether an investment is potentially solid.
Besides attracting higher numbers of players, live games also offer higher profit margins. Smart investors should capitalize on these iGaming platforms and the companies that prioritize live gaming opportunities. Investing in the technology behind them also has potential for a good ROI.
Niche games and slots – opportunities for investors?
Investing in companies is another potentially smart move. Slot machines are one of the most popular iGaming categories. Investing in companies that produce a variety of great slots can be highly profitable.
Developers like Pragmatic Play and Hacksaw Gaming continue to release innovative slot games, such as Big Bass Bonanza, that appeal to a wide audience. Nolimit City’s slots are gaining traction too and are becoming a bigger name.
Additionally, niche markets for skill-based and themed games like video poker, online poker and 247 poker offer potential avenues for investment. These cater to specific types of players who enjoy the traditional poker table but are looking for a more innovative and customizable gaming experience.
Investment in esports
Another growing area of the industry that’s crossing the traditional boundaries of sports betting and casino gaming is the world of esports. This is a fast-growing segment and a global phenomenon.
Esports betting allows players to wager on video game tournaments in a similar way to sports betting. It often features titles like League of Legends, Counter-Strike, Valorant and Dota 2. Multiplayer competitions have seen a surge of professional gamers and spectators alike.
Many online casinos have a dedicated esports section. As the market expands further, a good opportunity is presented to invest in platforms that offer these. Alternatively, partnering with esports organizations could also yield substantial returns.
What many investors like about these games is that they blend the traditional with the new – though there is controversy about them being labelled sports!
For investors, the rise of esports betting is an opportunity to tap into a fast-growing market. These video games already have mainstream appeal and it’s only a matter of time before betting on their outcomes in tournaments becomes more widespread. Those investing early in this segment stand to benefit from this future growth opportunity.
Mobile gaming – the future of iGaming
Advancing technology has also meant that the majority of players are accessing iGaming platforms from their mobile devices. This dominant force offers convenience and flexibility. Investing in companies that develop or optimize mobile casino platforms, or those offering mobile-friendly games, could yield good returns.
As mobile technology continues to advance, several new investment opportunities are likely to arise. The demand for seamless and high-quality gaming experiences is set to drive further innovation. Watch this space.
Conclusion
The iGaming market has many investment opportunities available. Whether you’re keen to invest in traditional online casinos or you want to invest in something more innovative and evolving, such as a crypto casino or esports, you’re certain to find something that interests you.
Keeping an eye on innovative developers is also a good call, especially as players seek new opportunities for niche gaming experiences. Who knows where the iGaming sphere will head next? It’s certainly an exciting investment opportunity. But as always – invest wisely, as there are no guarantees.
