As the surge in mobile usage continues to rise, so does the interest in mobile casinos around the globe. So, what are the numbers of the formation of the mobile gambling niche?
Mobile gambling data
There are more than six billion smartphone users according to statistics, and in the next few years, their number will be approaching the $7 billion mark.
Other statistics show that smartphone usage increased by 49.89% between 2017 and 2022, with the number of mobile users exceeding 7.5 billion by 2026.
From the information above it is clear that the world is becoming more and more mobile. This is the most important factor that encourages a mobile casino to gamble.
Mobile devices rule the world
Today, players often play mobile games on mobile devices rather than desktop computers. With everyone on mobile, it’s obvious that players will now be playing on their portable devices as they do everything else on mobile, from social media to reading work email.
To confirm that mobile gambling has taken over, a report from The European Business Review states that 70% of betting revenue comes from mobile gambling.
Technology and Innovation in Mobile Gambling
Apart from the fact that mobility is taking over, several other aspects are driving the growth of the mobile gambling industry. These are major technological innovations that take the casino with minimum deposit 5 lv experience up a notch.
Quality mobile casino games
One of the main roles technology has played in the success of mobile gaming is high-quality mobile casino games. The success of HTML5 in the casino industry is proof of this.
Casino software providers create wonderful games, and live dealer operators bring the casino experience to smartphones. In addition, these games have been adapted for a smooth gaming experience even on the go.
The role of mobile payment systems
One of the challenges of getting into gaming in the last decade has been the lack of trustful payment methods. Players were limited by credit cards when it came to deposit as well as withdrawal methods. Also, the transactions took too long.
But thanks to advances in the fintech industry, especially mobile transfers, mobile casino banking has become easier. Players enjoy fast, secure and easy transactions directly from their mobile phones.
Cryptocurrency gambling
When discussing how new technologies is shaping iGaming, it’s hard not to notice the cryptocurrency. Cryptocurrencies such as bitcoin, ethereum, litecoin and dogecoin can be used at many mobile casinos.
In fact, many players prefer to deposit and withdraw funds with cryptocurrencies due to accessibility, speed and, in particular, anonymity. Even though cryptocurrency is still not close to fiat currency in terms of adoption, it is interesting that it dominates 4% of all online gambling.
The Future of Mobile Gambling
The future of mobile gambling is bright; there is no doubt about it. While the adoption of mobile devices favors mobile gambling, technology also takes a crucial role. It offers players the best gaming experience, from gaming and usability to banking options.