iGaming involves any sort of online gambling and includes casino games, sports betting, eSports betting, and poker. At the end of 2023, the total iGaming market was worth over $80 billion and is predicted to rise to well over $100 billion by 2027. There appears to be no stopping the rise of the iGaming industry but why has iGaming become a mainstream hobby for so many people?
Internet Use and Regulations
Many people take access to the internet for granted but there are some people who have only recently had regular and stable online connection. Over 5 billion people now use the internet and with more people than ever before looking for entertainment online, the number of people turning to iGaming as their main source of entertainment has increased.
Online gambling regulations are constantly changing and iGaming is becoming legally available to more people with every passing year. The United States, Canada, and Netherlands are three countries that have legalized iGaming recently and there are still plenty of states in America that are waiting to pass legislation for online gambling. iGaming operators have been able to legally expand their reach and attract new players, who have become serious online gamblers.
Technology and Quality of Games
The advancement in technology means online casinos and sportsbooks have been able to offer players new and exciting ways to gamble online. Gone are the days of having a small number of basic slots to play or a handful of sports betting markets on which to bet. Casiny is a fine example of a modern online casino where you will find not only a substantial number of casino games but a wide variety of high-quality games. The gameplay, graphics, and sound of slot games are fantastic and playing the top slots is like participating in a video game. Sports betting sites now offer over 30 different sports, with live betting, and a massive range of markets, including build you own bet and other features. These all combine to provide an immersive iGaming experience and with so much to enjoy, it is little wonder iGaming is now a mainstream hobby for so many people.
eSports
The introduction of competitive online gaming has led to a crossover between eSports and iGaming. Betting on eSports events is a major industry of its own and many iGaming websites offer a dedicated eSports betting section. There are now eSports betting brands that focus only on eSports betting markets and nothing else. These brands are often involved in the sponsorship and branding of eSports events, and this has attracted new people to the world of iGaming, giving them a different way to enjoy eSports as a hobby.
Secure Payment Methods
Making payments when iGaming is a crucial element, and the continued advancement of secure payment methods has made iGaming more accessible. The payment methods available on iGaming platforms are safe and secure, giving people peace of mind when making a deposit or withdrawal. Thanks to the ease and safety of making payments, iGaming has become a mainstream hobby for a lot of people.