Live casino bets on innovation to maintain remarkable growth

The rising popularity of slots and RNG table games is challenging live casino’s long-held reign as the dominant product vertical in Asia’s online space. Now operators and suppliers are looking at ways to maintain above-market growth rates for a product facing far greater competition than ever before. Live casino, where users wager on video streams of table games usually hosted in recording studios, has long been the benchmark for a successful online gaming operation in Asia. Several sources told AGB that it usually accounts for more than half of total revenues from most online casinos in the region. The product vertical dates back to the mid-2000s, but it is the last five years where it has recorded truly explosive growth. Live casino’s most dominant supplier, Evolution Gaming, has seen its Stockholm-listed share price multiply 10-fold in the past four years. It reported full-year operating revenues of €245.4 million in 2018, a...

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