Online casino catalyst iGaming growth
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Unless you’ve been living under a rock, more than likely you’re familiar with online gaming, which is often referred to as iGaming. Defined as participation in virtual activities that involve playing games online, such as online casino games or slots played on a mobile device or computer. In addition to online casino gambling, the term iGaming also encompasses online sports betting, lottery and poker.
The global iGaming industry has grown exponentially over the past few years, however, U.S. states have been slow to legalize online casinos. To date, only seven states in the U.S., including New Jersey, Pennsylvania, Michigan, Delaware, West Virginia, and Nevada (Rhode Island is expected to launch online casinos in Q1 2024) currently have access to legalized online casinos. In contrast, nearly two-thirds of US states have approved some form of legal sports wagering, either via online sportsbooks or retail betting locations.
Positive Outlook
While it seriously lags behind sports betting, which has grown exponentially in the country since the U.S. Supreme Court in 2018 struck down PASPA, the federal ban on sports betting, more states are proposing new legislation related to gambling as lawmakers become aware that taxable revenue from internet casinos could surpass that of sports betting markets.
There are many factors that have contributed to the growth of the global online gambling industry. An uptick in smartphone use and mobile applications, the emergence of blockchain and cryptocurrencies, better audio and visual, and technological advances, which see games constantly evolve and improve all help to enhance player experience and attract more customers.
According to a recent report published by ResearchAndMarkets.com, the global online gaming market is expected to reach US$114.4 billion by 2028. Leading the way in the highly innovative iGaming vertical is the online casino sector.
Online Casino
In addition to classic games such as blackjack, roulette, baccarat and video poker, online slots tend to comprise the lion’s share of most online casinos, like the Malta-licensed Wunderino casino, and are among the most popular games. In this operator’s game lobby, players will find a wide range of online slots from some of the industry’s most renown software developers, such as Play’n GO, Pragmatic Play, Greentube, Wazdan, Elk and Swintt.
Serving regulated casino operators in over 25 jurisdictions, Play’n GO is a pioneer in the industry and one of the largest gaming entertainment suppliers of online slots to the casino industry in the world. The developer has over 300 online slots in its diverse portfolio and has earned its reputation for crafting exceptional grid slots. After recently launching its coin and piggy bank-themed game Piggy Blitz, a medium volatility, 6-reel, 4-row slot with 4,096 ways to win, the developer will be adding new title, Return of The Green Knight, to its popular Arthurian Legend-related slot range on October 5.
A bit newer to the iGaming scene, Swedish game studio Elk Studios is another online casino game developer whose games you will find at wunderino.com. Look for player-favorite titles such as Buffalo Toro, Ashoka, Valhall Gold, and soon the brand new 6-reel, 4-row popping slot, J-POP, that dropped on October 3, 2023.
Another leading game developer providing player-favorites to the mobile-first gaming brand Wunderino is Pragmatic Play. Among its offering of live casino, bingo, virtual sports, sportsbook and more, this online casino game developer is highly regarded for its portfolio of award-winning slots. While perusing the many video slots offered by the German operator, keep an eye out for player favorites from Pragmatic Play like the Boof Of series, Sweet Bonanza, the fishing-themed Big Bass series, along with the recently released Twilight Princess.
