Gambling

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Over the years, technological innovations have changed the business operation of different sectors. The gaming industry is not excluded, particularly casino games. Gone are the days when you have to go to a physical casino site to play games. Casino games are now available to players on mobile platforms. This article takes a cursory look at the rise of mobile gambling platforms.

The Advent of Mobile Gambling

Gambling has been on a consistent cycle of evolution since the 90s. However, the gambling industry generally has witnessed remarkable growth in the last few years. For instance, research conducted last year shows online casinos are worth 64.13 billion dollars. Researchers predict the growth of up to 72.2 billion dollars on or before this year runs out, with the CAGR pegged at 12.3%.

The reason behind the rise of mobile gambling is quite easy to pinpoint. Mobile gambling made casino games a lot easier to access. In fact, experts predict a rapid decline in the number of people that patronise physical casino sites. This is not totally unrealistic, given the sheer number of people that depend on their smartphones for various tasks. Every statistic, research and report points to an ever-increasing trend in the mobile gambling sphere. For instance, a state like New Jersey published a report that 80-90% of the state’s sports betting income comes from mobile gambling.

Though the trend of online gambling has been on the increase for a long time, another factor that boosted the rise of mobile gambling platforms is the covid-19 pandemic outbreak in 2020. The pandemic, which spilled over into 2021, resulted in lockdown orders by the government. Consequently, a lot of people had copious free time on their hands. For casino players, the lockdown period was the perfect time to explore their favourite casino games.

Mobile platforms gambling increased in no small measure during this period. With casinos closed, even players who disliked online gambling had no choice but to turn to it. Eventually, many players got over their attachment to physical casinos and began to see the benefits of online gambling. There’s an estimate that reports that 50% of gamblers used mobile gambling platforms in 2019. With the pandemic outbreak, one can reasonably expect twice that estimate in 2020.

Developers

In the past, casino games on mobile phones were placed on a list of things that could never happen. During this time, the number of games available to a casino player was quite limited. Now, a player can choose from thousands of casino games on his mobile phone. This is primarily because many developers have observed a significant preference for mobile casino games over onsite games. As such, they strive year in and year out to release games on the mobile platform that keeps players coming.

Without a doubt, mobile casino games have become one of the biggest sectors in the mobile gaming sphere, with their total worth pegged at $150 billion. Casino games like Coin Master and Zynga poker have accumulated millions since their establishment. For instance, in 2021, Coin Master made $2 billion dollars, and Zynga poker made up to $80 million in 2020.

With mobile casino gambling, developers have monetised their games with in-game ads and purchases or both. However, in-game purchases are the most popular means casinos generate revenue. This may be through the sale of chips or other virtual gaming tools. Once a player buys a virtual chip, the developers deduct a certain amount as their profit and grant the player chips to use for the game.

However, in games where players do not gamble with real money, the most common means of generating profit is through advertisements. In-game purchases in these types of games are mainly for purchasing virtual coins and other benefits which players can use in the game. Notably, the money gained from casino games without real money gambling cannot be turned into hard cash.

Convenience

In the old days, punters had to be at their desks to place bets on their laptops. Courtesy of mobile casinos, gone are those days. A player can place his bets whenever. As such, mobile gambling has eliminated the stress that comes with the old system of placing bets.

In fact, a casino player can place bets during his leisure time from work or from the train station, at the gym or as he observes the games. This has made mobile gaming platforms quite popular among punters. It gives them easy access to placing bets from wherever. Also, anyone can download a mobile casino game app in a few minutes. It’s very easy and simple. The mobile platform allows players to get games on the play store, install and start playing.

Casino games can also be played on a casino gaming website. Mobile games totally remove the hassle of travelling from one place to another to play casino games. Every game can be played on the phone now. Online casinos also offer variations of each game.

Security

The improved security system of smartphones has made it possible to make transactions without any hitch. This also contributed to the rise of mobile gaming platforms. Casino players can safely put their money into mobile casino games without any fear, as they would have done at an onsite casino. They can also purchase chips as they would at a physical casino. The mobile gaming platform also allows players to credit actual money into their accounts.

Mobile platforms, like Betway, understand how important security is to the players. Cybercrimes cases have been on the rise in recent years, which makes it important to provide security for players and their funds. Luckily, mobile devices are fitted with security systems that make it impossible for hackers to penetrate. These security systems involve biometric security systems like Face identification, fingerprint and facial detection.

Gaming Experience

Mobile casino games have also been able to recreate, to an extent, the experienced players would have if they were playing onsite. They achieve this by allowing players to pass messages by text, voice or emoji during the course of the game.

Conclusion

While the proliferation of mobile casino games is laudable, players should beware of the downside. The easy-access mobile platforms grant players the ability to easily lure a player into keeping playing for long hours while neglecting other necessary activities. Having fun is good, but it’s better to know when to stop and continue again at a later date.