THE FUTURE OF ONLINE SLOTS
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Lightning Box Operations Manager Michael Maokhamphiou explains the changes online slot games have undergone in recent years and what the future holds for this vertical.
Online slot games have changed dramatically in recent years. Players want more engaging features and mechanics. Lightning Respin Mechanic is a good example of a system that holds players’ attention throughout extended play sessions.
Online slot games are popular because they are simple and easy to pick up. Unlike live table and traditional card games found in casinos, no skill is required. Any one player can land a max win on a game.
Land-based casinos will always have a place in the gaming industry as they offer escapism and social element. Online slots have had a detrimental effect on land- based casinos, particularly when it comes to younger players. Offering more entertainment outside of just gambling helps combat the rise of at-home play.
Innovation is the future of online slot games. The industry is willing to take risks and change quickly. New markets are the present and the industry will grow. Slots are an entertainment-first industry that can produce taxable revenue for a country.
Virtual Reality is a potential future technology for online slot games. However, the general public needs to be more open to the technology to play online slots. iGaming will adopt VR technology if it becomes more accessible and commercially viable.
The social aspect of gambling is something the industry is striving to improve. The sharing of wins, participation in online tournaments and experiences among friends will impact game development in the coming years.
The Ontario iGaming market has the potential to become one of the most lucrative online gambling markets anywhere in North America. Many parties are interested in this burgeoning market.
New York allowed mobile sports betting at the beginning of the year. The first day saw $5.8m in transactions. Online casino players are keeping a close eye on New York as it relaxes regulations around gambling.
