Slotegrator Presents an Annual iGaming Report: Industry Trends in 2024

The famous provider and aggregator of top-notch gambling solutions has delivered a new report, describing the main trends for the iGaming segment in 2024. Slotegrator's recent research will be useful for operators, B2B service suppliers, content developers, and other market participants.

About the Survey: General Facts

The company interviewed its partners, including online casino managers and amusement software creators. Some of them took part in research anonymously.

The list of open-statement brands included:

• Gamzix;
• SKILROCK;
• Turbo Games;
• 3 Oaks Gaming, etc.

The aggregator’s BDM is confident this report will help everyone involved in the internet gambling sector. In Ayvar Gabidullin's opinion, the results of the survey will assist aspiring entrepreneurs with a better understanding of the market and making a solid debut.

Those who want to expand in the global arena will also find valuable information in the document. The data allows for assembling a more specific and efficient business strategy. Finally, the members of the gambling community will be aware of prospective tendencies and the corresponding opportunities.

Popular Content, Markets and Approaches

In the recently presented report, Slotegrator’s experts state that modern players, especially the younger generation, prefer fast-paced entertainment with novel mechanics. Thus, crash games become very popular among different categories of punters. Many developers are taking a course on releasing new titles in the vertical.

Regarding this content type, Slotegrator’s team voiced 2 key thoughts:

1. Gamblers in the age gap of 25−34 are the ones who show an increased interest in such a genre.
2. About 75% of surveyed manufacturers either already offer crash games or will start doing it soon.

Another sector that deserves special attention is the online sportsbook segment. Statista, a market data researcher, affirms that in 2023, this sphere is predicted to account for $ 43.55 billion with a YoY growth of 9.94%. The specialists expect the figure to increase to $ 63.62 billion by 2027. The agency also unveiled that 35.4% of people make stakes at least once a year globally.

Regarding regions of operation, most of the respondents (73%) answered they either work in Latin American countries or are getting ready to enter the area. A similar percentage is shown regarding the market of Asia. Also, Africa's regulated gambling sectors attract much attention from entrepreneurs.

Among the most interesting states worldwide are:

• India;
• Brazil;
• Kenya;
• Mexico;
• Georgia;
• Argentina;
• Colombia, etc.

Talking about business approaches and features, Slotegrator highlights 4 key trends:

1. Responsible gambling. It is vital for further growth of the iGaming niche. A younger wagering audience is especially concerned with this aspect and pays attention to the quality of experiences. Decent, well-regulated jurisdictions already apply and evolve such a strategy to ensure transparent operations.
2. Catalogue expansion. Around 75% of surveyed partner brands said that the regular addition of fresh titles to their amusement assortments helps a lot with productive player acquisition. This important marketing process goes much faster if the company cooperates with a gambling software aggregator.
3. Bonus program. The creation of efficient loyalty systems with special perks for punters is turning into rather a foundation than an emerging tendency. In 2024, this approach will further evolve and solidify. Seasonal offerings, extra features and other bonuses are the #1 solution for user attraction and retention.
4. Mobile-first development. This is another example of a trend transforming into a strong standard. Portable gadgets are becoming more convenient and affordable around the world. They are irreplaceable in the regions with the expensive laptop segment or unavailable broadband. Players continue to choose mobile options over desktops.

In-Demand Technologies in Gambling

Virtual reality delivers amazing immersiveness, allowing gamers to dive right into the heated action and be its direct participants. VR is one of the most spreading innovations across various online entertainment niches. It conquers new heights in eSports as well.

This betting segment promises to grow further with the help of virtual reality tools:

• the sphere’s revenue for 2023 is expected to account for $ 2.1 billion;
• the annual growth rate of the niche is projected to be 10.45%;
• by 2027, the sector may reach a whopping $ 3.2 billion.

The next technology that deserves to be focused on is AI. Artificial intelligence has been widely used in the gambling business for a few years already. It is of utmost importance for both B2B and B2C brands.

The innovative solution helps in various fields, including:

• ensuring data protection;
• conducting market research;
• promoting responsible gambling;
• improving SEO analytics and results;
• personalising the user experience, etc.

Blockchain is also an essential invention for iGaming. The technology’s vast array of instruments and features facilitate entrepreneurs' work and affect the whole industry’s development path. Cryptocurrencies, especially Bitcoin, are not only innovative payment offerings but also a guarantee of high security and transparency levels.

About ¼ of Slotegrator’s partner operators claim that up to 40% of their client base utilises digital money for transactions. Another quarter reports even more impressive figures — 80−100%.

Casino Market experts follow the latest tendencies in the segment to deliver the finest, innovative software solutions to customers. Contact our managers to buy or rent top-notch, profitable products on beneficial terms.

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James Burton The Casino Market partner, the owner of the gambling establishments’ network

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