The casino industry is the very first to embrace technological innovation and cultural diversity. This has always been the case. Other digital commerce adopts a great development experience after only a few quarters. The biggest change is in the software for online games.
GamingAPI’s team of professionals goes in search of online gambling software all the time. We constantly update our library of gaming content. You can find Slot Machines, Turnkey Sportsbook Solutions, Live Casino, Fish & TV Games, Bingo & Poker Rooms. Even the most sophisticated player will be satisfied.
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Online Gambling Software: Changes
One obvious example of a quick reaction to the shifting global economy was the pandemic and then the war in Ukraine. Since the beginning of the pandemic, most operators have been increasing their revenues, going more online. After the Ukraine war, many thought about the deployment of their staff and studios around the globe. Decentralization has happened. Despite the recent cryptocurrency crash, more operators are also thinking about expanding deposit options of their online gambling software.
In 2020, the share of online platforms grew by 23 percent. In 2021, the pace slowed a bit, with an increase of another 15 percent. Analysts predict that by 2025, that rise will be around 45 percent. Even more, the software for online games contributes to this trend.
Sportsbook Solutions
Many sports events have been cancelled. FIFA has postponed Ukraine’s playoff. Web casinos have become a true salvation for gamblers. The owners of gaming clubs began to understand the needs of players even better, in their sportsbook solutions they began to offer e-sports ever more. We have several sports line providers in our integration package – 1xBet, BetGames and InBet Games.
According to experts’ reports, already in 2021 more than 30 percent of all bets were placed on e-sports. Before the pandemic and the war, the figure did not exceed 1. That’s why you need online gambling software that goes with the times. Let’s take a look at the casino industry’s most significant prospects.
Casino industry outlook
According to all the estimates, the casino industry remains one of the most attractive for investment. In 2022, the turnover will be about $67 billion, a 14 percent increase over last year. The more money, the more the government wants to control the business. You can start small. Set up a website, get the software for online games. But then you get bogged down in regulations & licenses. Although it is still possible to bypass some oversight, for example if you connect a cryptocurrency gateway from our company. Please contact us when you have a chance.
Gaming licenses can be obtained in a multitude of jurisdictions, from offshore to quite decent. You might start operating via the White Label Solution. What is a White Label Solution? We’ve talked about it many times, and we’ll continue to do so.
They are Trying to Regulate
In Spain, the authorities have approved a new law concerning the promotion of gaming products. Now the advertising of casinos, sportsbook solutions, poker rooms in the media and social networks is legal only from 1 am to 5 am.
What to say. We offer the kind of online gambling software that bonus systems, progressive adjustable jackpots & happy hours can attract crowds of players even with such convoluted promotion terms.
Some jurisdictions address a gambling addiction. It’s actually a pretty hypocritical phenomenon. In Belgium and Finland, they set the maximum daily rate of 500 euros, and the monthly limit of 2,000 euros at all. Well, let people play as usual, to relieve the stress of your endless regulations. Also, they are dealing with “Illegal” traffic from other foreign countries.
What is a White Label Solution?
Fortunately, getting a license in the right place and having connected a cryptocurrency gateway (as many ways of deposit as possible) you can forget about these problems. Our company adheres to the principle “Casino for the people” – everyone can launch his gaming club anywhere in the world. You can also buy a White Label. What is a White Label solution? It’s when you don’t have to deal with licenses and regulations. It’s something that should be handled by professionals.
We should also say that cryptocasinos by all accounts are now considered more promising for investment than traditional slot machine websites. No betting limits, international audience, absence of strict supervision. The advantages can be counted many times over. You just know that our company along with the software for online games offers cryptocurrency gateway for everyone who wants it. We are the leader in the cryptocurrency gambling.
We told you what is a white label solution in detail in another article. Our company promises you access to the latest updates of our provider lineup. Please contact us and get access to the best online gambling software.