Tuesday, July 13, 2021

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How will the Covid-19 Possibly Affect the iGaming Industry in the Future?

 

2020 was a year of uncertainty; it was a year that brought chaos to the world, a world already plagued by economic uncertainty and climate change.

The economic uncertainty has caused wide-scale panic, inflicted hardship on populations, and increased the human struggle.

When we thought the turning of the year had brought the best of its woes, we were oblivious of the whole new level of uncertainty that a lax world wasn't prepared to comprehend.

By January's end, the world was thrown into a full-scale pandemic mode when the first cases of Corona from China hit the airwaves, swiftly the shockwave spread globally alongside the virus.

The world entered a full-scale pandemic mode, with global governments initiating lockdown procedures to prevent escalating deaths that were surpassing the million mark. These lockdown procedures grounded cities, suburban areas, and even rural areas to a halt. Businesses were shut, only essential service operations were allowed to function under Government control. This new way of life although it seemed desperate, opened up a never before seen pandora's box of opportunities. To cope with the global lockdown, citizens of the earth turned to online trends to maintain their sanity, and gradually these online trends became norms, then companies discovered that Online was the way to go. This drive to connect to the world online saw increased traffic to gambling websites, which in turn increased the revenue of iGaming operators.

 

Impact of Covid-19 on The iGaming Industry

The game for the iGaming industry has shifted with Covid-19. The pandemic has indirectly set a clear path for the upward growth of the industry. When Lockdown procedures were initiated globally, it meant that billions of people around the globe would remain indoors to checkmate the further spread of the virus globally. Everyday life was grounded to a halt and this affected the mental health of a lot of people that were not used to staying indoors. This became the driving factor for people to turn to online activities in search of sanity and remuneration, and what best way to engage in an online activity that will fetch you instant cash online and keep your mind occupied than iGaming?

Due to this impact, online casino gaming platforms like me88 online casino Singapore is a new trendy way for casino players to enjoy unlimited betting fun at.

To this end, Covid-19 greatly influenced the soaring traffic in the iGaming industry. Fast-forward to 2021, that traffic hasn't dwindled, and now, more than ever, people are engaging in iGaming activities frequently and it has been projected by industry experts to increase in the next 5 years. Thus, playing your online casino games at me88 is your best choice from now on!

 

Growing numbers of Gamers

And the numbers keep on soaring. If you ever thought that the number of gamers would dwindle over time once there is a decline in the pandemic, well think again! More and more people are discovering that they can achieve so much by being online rather than going to a brick-and-mortar casino to gamble. The online iGaming Industry is a proper community, there are millions of people who have connected since the pandemic struck. These people have shared ideas about iGaming and they have built unbreakable connections. Also, iGamers have created a brand for themselves by becoming iGaming influencers and amassing a large following. This means that they earn from gambling and also earn from brand endorsements for their large social media following.

 

VR Casino Games

With Covid-19 bearing down on global citizens, iGaming enthusiasts sort out VR Casino Games. Questions started arising in the iGaming community in Reddit posts about the possibility of having a brick-and-mortar casino Virtual Reality experience, where they could, at the comfort of their home. Walk into a brick-and-mortar casino, sit at a table and play a game of poker. Their questions were ripe, as VR casino technology was already in existence, fortunately, the Covid-19 pandemic ushered in a new wave of demand for the technology.

This made online casinos to Kickstart the process of acquiring more VR technology to satisfy the growing demand for VR Casino Gaming. VR Casino Gaming is still in its development stages, which means that there are limited available VR Casino Games, however, there are still a reputable amount of VR Casino games on the internet now which include Roulette, Poker, Blackjack tournaments, Slots, Poker Dice, Gin Rummy and Backgammon.

 

Blockchain and 5G Technology.

 

Blockchain Technology

Blockchain technology should be the future of iGaming. Why should this even be taken into account? Well, what the Blockchain is, you have to comprehend. In layman's terms, a Blockchain is a decentralized system of nodes that acts as code processing units that store information independently. Traditional gaming sites are susceptible to attacks from malware, large-scale hacking, leakages, and other malignant tumors affecting the centralized system of information storage on their gaming servers.

If there is no centralized server for storing information, this makes iGaming sites more resilient to falling prey to hackers. This is where blockchain technology will play a fundamental role, with the technology it will be virtually impossible or difficult for hackers to explore since there won't be any centralized server for information to be stored on.

5G Technology

5G Technology alongside blockchain technology will be the deal-breaker for the iGaming industry. With 5G technology, developers can work on developing advanced VR Casino games and devices that have super-fast connectivity and can break the barriers existing in traditional iGaming. Also, 5G is more secure, so a combination of Blockchain and 5G technology will usher in a new iGaming future at record speed.

 

 

Cloud Gaming

Cloud gaming is a type of gaming system whereby gamblers can play using remote servers that are present in data centers. With cloud gaming technology, players are not required to download or install games on their mobiles or pc. How it works is that streaming services can send gaming information to a Bowser or app that has been pre-installed on the receiving party's device.

 

Mobile Intensive Gaming

Mobile intensive gaming is gaming that involves the use of high intensive graphics. High graphic games usually require mobile phones that can handle high frame rates, so if you're looking to engage in mobile intensive gaming, it will be in your best interest to acquire mobile devices that come with the requisite intensity of playing such games.

Online casino like me88 online casino Malaysia are your best mobile casino gameplay platforms as me88 have their own mobile app for players to play whenever and wherever they want to play.

 

Some examples of the mobile intensive game include the call of duty mobile, shadowgun legends, asphalt 9 legends, real racing 3, Fortnite, Ark: Survival Evolved, and Genshin impact. Also, another thing to look out for if you're acquiring a mobile device that will play mobile intensive games is the chipset. A powerful or stronger chipset will enable you to play a mobile intensive game smoothly, while a weaker chipset may eventually damage your phone if you play at sustained hours.

 

Final Words

Overall, Covid-19 has impacted the iGaming Industry positively, it has created relatively new sources and streams of income that were not existing before the pandemic hit in 2020. The pandemic ushered in new iGaming technology which has seen an upsurge in traffic to the iGaming industry.

There are so many wealth opportunities in the iGaming industry, you can find more information about this in our previous articles or our next release.



About Author -

Hi, I am Anil.

Welcome to my eponymous blog! I am passionate about web programming. Here you will find a huge information on web development, web design, PHP, Python, Digital Marketing and Latest technology.

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