Archive for September 2014
The gaming industry has undergone tremendous changes in the recent years and its most successful venture online casinos have been doing well in the online market in the recent years. The expansion of this industry is having worldwide by passing geographical boundaries. Asian countries like Sri Lanka, Cambodia that were initially reluctant about entering the gaming market are now venturing into the market and more authorizations for expansions are coming through from the jurisdictions of these countries.
Global Mergers and acquisitions
The online casinos are present globally and by merging and acquiring smaller casino groups, the maintenance of the casino becomes easier. This thought has been prevailing in the minds of European and American counterparts, who can be seen interested in mergers and acquisitions and forming larger casino groups. The casinos across the casino groups also offer consistency to the users when they play games at any of the casinos in the chain of casinos. Another popular trend in the online casino and the gaming market is many major establishments are introducing mobile versions of the gaming services. The games are made compatible with a range of mobile operating systems that are currently available.
The future of the gaming industry
While expansions, mergers and acquisitions are happening in the global casino market, the business model itself is undergoing rapid changes and adaptations to include new services like the online lottery ticket sales, the lotteries that were part of the land based casinos are now seen to be venturing in to the online market. Some major casino establishments have started this service upon receiving the required authorizations from the state lotteries. Many major casinos offer free to play apps that allow users to play cashless games, this way new users are invited to try out these free games before playing with real money. These apps also have a touch of social factor associated as the play can play games and compare or share their scores with their friends or fellow games, making the whole experience all the more interactive. The online gaming industry and casinos online have also introduced us to the world of crypto currency or virtual money, companies like Bit coin that specialize in virtual currency have been seeing enormous growth as many online sites are using the currency in their games. Many new companies that specialize in virtual currencies like Lite coin and Dodge Coin are now entering the market.