The iGaming market has been growing rapidly since the mid-90’s and the popularity of online casinos never ceases to amaze us. New online casinos open monthly, new games are released weekly, and new innovations take over the market constantly. As online casinos are very convenient to most players, making online slots and other games accessible to almost everyone, it is no wonder that the market grows relentlessly.
However, does the popularity of iGaming bring issues along with amazing possibilities? Is there a chance that the issues surpass the possibilities, and how can problems be prevented? Reza Shojaei, the owner of Value Marketing, answers these questions more carefully.
What are the biggest issues in the iGaming market today?
As the iGaming market grows, there are magnificent possibilities that come with it. Online casinos and game providers come up with new innovations and ideas constantly, making online gaming more fun than ever. However, as any rapidly growing market, iGaming market also presents some issues.
The main issue globally is the fact that players do not always know which online casino are safe. Having a proper license is the best start, and it tells a lot about the safety of the casino. However, reliability and trustworthiness include many other things as well, and an inexperienced gamer might not know what to look for, Shojaei says.
Shojaei operates two major brands: Casinotop.com and CasinoTopp.net. For both, the purpose is to offer readers and players safe and reliable resources. The brands provide unbiased information about online casinos, games, software providers, and other things. They also provide news and guides, so the readers can expand their know-how easily.
The purpose of our brands is to help solve this problem. We only recommend reliable and trustworthy online casinos, so the players can register and play worry-free. In addition, we give our readers tools that help them identify possibly rogue or otherwise unreliable casinos, Shojaei explains.
Are new online casinos safe?
There are hundreds of online casinos in the market at the moment, and new ones open constantly. It is no wonder that it can make players wonder whether new online casinos are safe or not. In fact, many prefer to stay at casinos that have been on the market for a while simply because they are not sure if new online casinos are worth a try.
New online casinos are fantastic. As they have to compete against many bigger and more established brands, they usually offer more for their players. Maybe more games, better bonuses, or new innovations. However, as a new casino will not have much history to show, a player should be careful and only join new casinos that have a reliable company behind them, Shojaei reminds.
Global growth of iGaming in the next few years
The popularity of online casinos has been growing ever since the mid-90’s. In fact, after the first online casino was opened by Microgaming, it took only a couple of years for the number of online casinos to reach 200. Ever since then, the industry as a whole has not seen a decrease in popularity.
There is really no reason to think that the iGaming market would not keep growing in the next few years. Online gaming is more popular than ever, there are thousands of games on the market, and new ideas come to market constantly. For instance, in the ICE conference in London on 2020, we saw many exciting innovations from game providers and online casinos, Shojaei says.
Is there a possibility for the iGaming market becoming too saturated?
Thousands of games, hundreds of online casinos… So, is there a possibility that the market will become too saturated? Can there be so many online casinos that there are not enough players to go around? The competition between online casinos is fierce, and it is no wonder that companies open new online casinos constantly. After all, casinos can be very profitable, thanks to the house edge that exists in each game.
Personally, I do not believe that the market would become too saturated. Of course, as the competition is hard, the casinos need to have a strong foundation and something that keeps the players coming back. A mediocre online casino simply will not cut it in this market anymore. Players have so many choices between excellent casinos, so why would they choose one that is “ok”, over a top notch one, Shojaei ponders.
What is the biggest overall issue with unreliable casinos?
Fortunately, there are not many unreliable or rogue online casinos out there. After all, an unreliable casino will not stay in business for a very long time. However, every now and then a bad apple falls from a tree.
It is hard to say what the biggest issue would be. However, if you do encounter a bad online casino, they usually have problems with paying their players. This is why you should always play at reliable online casinos and do your due diligence when choosing an online casino.
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