iGaming has developed into one of the gaming industry’s more exciting and dynamic segments in recent years. The main distinction between gaming and iGaming, for those who are still new to the industry, is that the latter involves gambling. Online casinos, sportsbooks, lotteries, and other skill or chance-based games that involve real money are all included in the category of “iGaming.”
On a global scale, online gambling has advanced significantly, and there are no indications that this development will slow down in 2023. From a Canadian standpoint, according to figures from the Canadian Gaming Association, the country’s gambling business supports 135,000 jobs and is worth more than $15 billion. While the Canadian iGaming business is expanding, in part because of regulation becoming increasingly permissive over time, there are many obstacles and opportunities to consider in 2023.
King of the review
We expect to see online casino review sites gain prominence in 2023 and a handful of trusted sources should emerge as the most trusted and definitive available.
As there are so many different gambling sites available, more and more people rely on online casino review sites to contrast and compare them. These can be crucial if you’re thinking about signing up for a new online casino because they instantly offer useful information and aid in your decision-making. BonusFinder Canada is a prominent force in this area and their review of Casino Days is a primary example of how potential players can benefit from these review sites. They include information on the games available, deposit options, loyalty program, bonuses and promotions offered, summarize the terms and conditions, and the general casino user experience. In addition, there’s a handy Pros and Cons section that doesn’t pull any punches, a useful summary, transparency about who reviewed the site and some exclusive betting & casino bonuses.
It’s wise to conduct research before signing up with any online casino, but 2023 should solidify the dominant sites for conducting that due diligence.
Game show expansion
There’s no doubt that live dealers have been a game changer for the industry and while online slots remain popular, live games appear to be the area of greater expansion and innovation. While classic casino tables games such as roulette and blackjack have benefited substantially from the introduction of live dealers and multipliers, the recent game show experience games command players’ attention.
Casino game developers Evolution appear to be the major beneficiaries of this move away from traditional casino gaming with some hugely popular titles over the last few years. Dream Catcher Live, Monopoly Big Baller Live and Deal Or No Deal Live are just a selection of the successes Evolution has had over the last few years.
Other game developers will seek to mimic these triumphs and expect to see some unique game show experiences and more tie-ins. Who Wants To Be A Millionaire, Monopoly and Deal Or No Deal have been phenomenally fruitful for developers and the search for the next great tie-in is on.
Skill focus
While some online casino games appear dated, skill-based games appear to be growing more popular. Compared to classic casino games like roulette and bingo, skill-based games are significantly more engaging because they call for a certain amount of strategy and talent, which keeps players absorbed in the game. While there’s still a market for chance-based casual gambling, skill-based games encourage more involvement. With that in mind, we expect to see slots becoming more skill-based, with outcomes becoming more and more about strategy rather than the RNG. Anticipate a slot title or series to emerge this year that is more reliant on player tactics than anything we’ve seen previously.
All in all, it promises to be an interesting 12 months for the iGaming industry.
