There are not many industries and market sectors that will have experienced the same level of boom that the iGaming market did over the last decade or so.
Indeed, sports betting and casino wagering has seen a huge increase over the last 10 years and there are a number of reasons why those activities did, although one of the major factors to have helped allow the market to explode was the development of technology.
Like a lot of industries around the world, technology has changed how certain things once looked or were completed for the better and in a way that was unimaginable at one point in the past. Here is how it has had an impact on the iGaming market and helped it to grow to the point that it is now:
Internet improvements
At one point in history, the internet was something that not everyone was fortunate enough to have access to because of how much it cost, whilst going back into its early existence, people would not be able to use the internet and the phone at the same time.
Technology, though, has allowed the internet to continue to increase in its ability to become more accessible to the world, whilst also providing users with speeds that are of an incredibly high rate.
These improvements have allowed casinos with a huge selection of live casino games to be able to host these games without any issues and allow bettors to connect to them and enjoy the best live, realistic casino experiences possible.
Mobile devices have got better
Just as high-speed internet has become a normality and something that was gradually introduced, smartphones were also a huge game-changer for the iGaming industry.
Before the introduction of smartphones, mobiles would be able to access internet features, although they would not be able to allow users to head to complex sites, such as online casinos where games were waiting to be played.
Smartphones – and even tablets – have since allowed for the iGaming market to boom because they essentially operate as mini handheld computer devices. They have all the tech and capabilities required to allow for the various different casino games to be played from the palm of the hand, whilst also ensuring the best gaming experiences were also possible with each play.
Convenience
There is no doubt that lives have gotten busier than ever before, however technology has allowed for the iGaming industry to be able to expand and grow at the rate that it did over the last decade due to a convenience factor.
The tech that has been able to be developed over the last 10 years has allowed for bettors to be able to enjoy their favourite casino games whilst they are on the move or whilst they are away from a traditional computer device.
As internet speeds continue to rise and become even more accessible than before and that some smartphones have started to become inexpensive, players can enjoy their iGaming activities whenever and wherever they want, thus helping the market to boom.
