To put it very simply, iGaming consists of all the forms of betting online. It includes sports and casino games and, more recently, cryptocurrencies.
The most popular hubs of iGaming development in the world are located in Malta, Gibraltar and the UK.
Trends and Future
Some of the online games that include casino slot elements, as well as those that combine them with role-playing adventures, are among the virtual games that are leading the industry. In the near future, augmented reality is set to take over the iGaming world.
It is also the general consensus among experts that, from 2018 onwards, Blockchain technology will kick-off a new revolution in iGaming. These types of casino platforms will increase in popularity due to its problem-solving potential in speed, security, scalability and winnings.
Conventional Versus Modern iGaming Platforms
In fact, most conventional platforms for online gambling are legitimate and have a wide range of strict regulations overseeing them to make sure they adhere to the terms and can continue to have a gaming license.
With modern cryptocurrency technology and the Blockchain systems, online betting will turn all the main processes automated but also more transparent. That transparency will prevent criminal exploiting and loopholes. Gamblers will likely become much more confident with the iGaming industry.
Nowadays, conferences on iGaming are being held worldwide, signalling a shift in the sector. Some of the main topics those conferences tackle include analysis on the crypto market, reviews of state-of-the-art technologies and their usability, and also law regulations on online gaming locally, regionally or internationally.
With the articles on our blog, you will be better equipped to understand more about the vast, popular and promising world of iGaming.