A recent survey by Slotegrator reveals a growing demand for crash games among players aged 25-34. And 75 percent of surveyed game developers either currently offer crash games or plan to do so in the future.
Slotegrator’s report covers major iGaming trends for 2024 and provides predictions about future developments in the gambling market. The report notes that today’s players, especially younger ones, seek formats with rapid-fire gameplay and interesting mechanics. As a result, game developers are expected to continue creating new crash games and expanding their portfolio of such games.
In the realm of sports betting, Statista projects that the online sports betting market will reach $43.55 billion in 2023, with an annual growth rate of 9.94 percent, reaching $63.62 billion by 2027. It is estimated that 35.4 percent of people worldwide place a bet at least once a year.
Slotegrator also highlights the increasing penetration of VR into various spheres, including esports. The immersive experience provided by VR allows players to actively participate rather than just spectate. With VR technology enhancing the excitement of esports, the esports betting market is projected to reach $2.1 billion in revenue by 2023, with an annual growth rate of 10.45 percent, reaching $3.2 billion by 2027.
Meanwhile, online casinos continue to leverage AI for enhanced security, personalized player experiences, and the promotion of responsible gaming. AI also plays a crucial role in market insights, SEO improvement, and affiliate traffic analysis. Game and software providers are already integrating AI into their products and solutions.
Blockchain
Slotegrator emphasizes that it has developed a range of tools and mechanics that are gaining popularity, facilitating operators’ work, and making a significant impact on the iGaming industry. One widespread application of blockchain, cryptocurrency, has become a fixture in the iGaming landscape. A quarter of online casino operators, Slotegrator’s clients, report that up to 40% of their players use cryptocurrency, while another quarter states that this number reaches 80 to 100 percent.
Potential gambling markets
According to Slotegrator’s report, most of the company’s partner providers either already operate in or plan to expand into Latin America (including its top markets Brazil, Mexico, Colombia, Argentina, Chile, and Peru), Asia (India, Georgia, Turkey), and regulated African markets (such as Kenya and Nigeria). Seventy-three percent of respondents already operate in Latin America or plan to expand there in the near future, with a similar indicator applying to the Asian market.
