Online Gambling Trends 2021
The volume of the world gambling market was estimated by experts at about $ 400 billion at the end of 2020. If we consider the online segment separately, then according to analysts, the global volume of the online gambling market in 2020 amounted to about $ 66.72 billion. According to forecasts, the market will only grow, the expected annual growth will be at least 11.4%. It is noteworthy that most of the operators’ profits and the state budget come from slots. In the general structure of income, this figure reaches 70%. Sports betting does not lose its popularity either. According to research, the volume of the global sports betting market by 2024 could reach 155.5 billion dollars.
It is clear that the pandemic restrictions have changed the gambling industry dynamics and the customer habits. There are other trends that are driving the industry forward.
New online gambling formats
Online gambling is becoming more and more popular every year. Quarantine restrictions have had the biggest impact in 2020, but technological advances are also driving the rise of online gambling.
Of course, online slots are in great demand among players, so you can be sure that this form will not go anywhere in the near future, but will only get stronger. Now developers are releasing more and more fun games with wide opportunities and colorful designs, and their products are featured on many popular sites. Many slots have bonus rounds, and some even look like well-known computer games, which adds more attractiveness to the gameplay. Along with this, operators offer other formats of entertainment:
- Live dealer games. Most operators today offer unique live dealer games. And in the coming years, this format will be even more popular. Online casinos stream video broadcasts from gambling studios, reproducing the effect of being in a land-based hall as realistically as possible. Moreover, some operators have already gone further and combined not only the ability to play in a live casino, but also using virtual reality technology.
- VR / AR – casino. Today there are already gambling platforms that support virtual reality technologies. They allow you to fully immerse yourself in the atmosphere of the casino. Every year, devices that support virtual reality technology are becoming more functional and affordable. Thanks to this, more players can use them.
- Skill games. Modern players rely not only on luck, but also on their own skills. This was the reason for most developers to create games that imply the ability to use their own tactics. And this year such games will gain a high level of popularity.
- Exclusive slots. Separately, we can mention those operators who order unique slots from developers. And thanks to this, they get a competitive advantage and increase the awareness of their platform.
There are thousands of gambling sites and the competition is growing every second. The driving forces behind the success of online casinos in recent years have been the expansion of entertainment options, the proliferation of mobile versions and the introduction of innovation.
The Shangri La website is a good example of an emerging online platform. It is a relatively young and promising online casino that attracts attention with its excellent online gambling opportunities, customer loyalty and original software. When launched in 2016, the platform offered traditional sports betting as well as video slots and live dealer games. The site is actively expanding and today there are more than 2 000 different games. There are scratchcards, slots with skill elements, new games with odds bets, branded games and more. The livecasino section has noticeably improved – added innovative features, now you get more viewing angles and faster gameplay. The site has a full-fledged sportsbook platform. Bets are accepted not only on scheduled events, but also on live games. The long list even includes virtual sports and e-sports disciplines that might interest video game fans.
Mobile gambling
Mobile technology has brought casino games closer to consumers than ever before. In developed countries, almost everyone has a smartphone, and usually it is close at hand. Fast Wi-Fi and unlimited 4G (and soon 5G) data packages are the norm for most users, and online casinos offer their own free apps or mobile-optimized websites. The main advantage of mobile gambling is that you can play anytime, anywhere. Fast-paced games such as video slots can be played while on the bus or even while watching TV. Already more than half of all games take place on mobile devices, and it is estimated that mobile gambling will become even more widespread in the future. For the convenience of its users who prefer to use mobile devices in their daily life, Shangri La Casino and Sports offers a multifunctional mobile app. The application has access to all game sections available in the full version. All the main site functions are supported here, such as deposit / withdrawal of money, support service, bonuses and promotions and more. To get the mobile application, go on the website and download it.
Online gambling deposits and withdrawals methods
Waiting for the funds withdrawal 5-6 days in 2021 is unacceptable. Leading online casinos are well aware of this and many seek to pay out within 24 hours. And modern methods allow not only making payments quickly, but also providing a high level of security. Modern online casinos users can take advantage of internationally renowned payment methods. This includes e-wallets such as Skrill, Neteller, Trustly, bank transfers, debit and credit cards, and deposits and withdrawals from a cryptocurrency wallet in bitcoins or litecoins. Among the advantages of the latter: low commission and complete anonymity. That is why this type of deposit is attracting more and more players.
The gambling market will continue to gain momentum, so we can expect new and more exciting opportunities to play.
