How are we all without the internet? All of our lives have really changed over the last few decades thanks to the web, with various innovations coming to change the way we see the world. When it comes to business, the transformative power of technology has been sharply felt in all industries. Among the most affected is the gambling industry.
As in many industries, the first online gambling sites tend to be created by companies with well-known brands simply by dipping their toes into unknown waters on the web. Fast forward a few years and now the same site is an important part of their operations, giving them the opportunity to reach a potential audience of billions of customers.
Gambling Industry Growth With Technology
According to data from Transparency Market Research, the online gambling and betting market is estimated to generate $ 42.63 billion in 2016, with that number expected to grow to a phenomenal $ 96.89 billion by 2024. The industry even has its own specialist term – iGaming – which includes various types of games. But, what main trends in technology have helped push this gambling sector to a profitable level?
WAP technology has a big impact, which leads to the creation of the concept of “simple, lightweight games with a quick access”.
The key factor of casino games and sports betting is the way you play bets quickly even when you’re on the go. This means that players will get gaming experience as well as online betting anywhere, both while in the comfort of their own homes, in the office or while traveling, rather than having to play online games by opening a laptop or PC first, of course it is troublesome, it is certainly simpler to play with mobile phones through WAP technology.
Many online gambling sites now offer this type of game with the latest technology in the form of this WAP-based platform, with WAP M88 for example featuring Sportsbooks, Casinos such as Roulette, Casino Hold ‘Em and Baccarat, to lottery games. This includes other sites such as https://dufanqiu.com/, one among the many growing trusted sites today.
Another technological innovation that makes the online gambling world quickly followed by many people is the growth of the mobile and smartphone markets through mobile applications. With billions of people all over the world now having internet access available at the touch of a button, the online gambling industry has found itself in the prime position to benefit from this.
In addition to offering mobile-friendly or WAP sites, many of the big names in this sector bring their own mobile applications (Mobile Apps) for iOS and Android smartphone users. Why? This is done to make it as simple as possible for prospective players and play what they love the most. The idea that many people are always online must also be an impact on the progress of real-time as well as in-play wagering, another aspect of the gambling industry that technology has really changed.
With so many people using cellphones, tablets, and laptops while watching sports, many online gambling companies now offer real-time opportunities that shift when actions are revealed. Where every player can bet before an event, they can now gamble about what happens right in front of them whenever they want. It is clear that technology has had a big influence on the world of online gambling and surely all eyes are in a place that can bring it next.
The development of online mobile gambling through WAP sites and applications will definitely be something that is watched by the industry, with both concepts offering an opportunity to create new experiences for players.