IGaming: Online Gaming Fans Must Know This

Dec 2, 2022 IGaming

IGaming: Online Gaming Fans Must Know This

Whether betting online on a sporting encounter or visiting an online casino – the term iGaming covers all these activities. One of the leading countries when it comes to iGaming is Malta, which now generates around 12 percent of its gross domestic product thanks to the gaming industry.

Companies such as NetEnt, a software developer, are based in Malta and gaming events such as the SiGMA (Summit of iGaming Malta) also take place in the small, southern European country with a turbulent past. But there is also a lot of game development going on in big US cities like San Francisco, California, and Austin, Texas, and the industry is booming.

Online gambling is becoming increasingly popular

  • Sports betting providers in Europe are seeing an increase in bettors.
  • Virtual slots accessible from anywhere in the world are welcoming more and more players.
  • Swiss live casinos, since July 2021 also German casino offers as well as international poker tournaments or roulette tables that are accessible with one click for everyone over 18 years of age.

While the online gaming industry was valued at around 46 billion US dollars in 2017, it is now predicted to almost double in 2024. The value of the industry should be around 95 billion US dollars in just three years.

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The iGaming sector combines different areas and topics

When you consider how much is happening in this area, it is not surprising. After all, not only are there more and more players, but the range of games is also growing and new ideas are constantly springing up. There are many different areas of major site (메이저사이트) online gambling and online gaming and networking with other disciplines is inevitable.

The topic of finance in particular plays a decisive role when it comes to iGaming start-ups and fintech companies that present innovative solutions for everything to do with payments and money are on the upswing.

Hoping for the big breakthrough

The start-ups in the iGaming sector cover various areas that are necessary to not only be able to implement iGaming as a provider, but also to meet the growing demand. Many founders are still waiting for the big breakthrough with their offer. Others have already achieved various successes in the first few years since their establishment.

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