The landscape of gambling underwent a significant transformation with the advent of the COVID-19 pandemic. Physical casinos witnessed unprecedented closures, propelling a surge in the realm of digital gambling platforms. The evolution of technology, particularly the ubiquity of smartphones coupled with robust internet connectivity, has played a pivotal role in democratizing access to online casinos.
The rise of mobile betting
In the contemporary digital age, the ease of executing transactions through various payment services has contributed to the seamless experience of online gambling. This technological shift has been instrumental in catapulting the Asian market to the forefront of online betting activity. A notable trend within this digital shift is the preference for mobile gambling, with a substantial majority of 72% of gamblers opting to engage with betting platforms through their mobile devices.
Surge in online casino popularity
The rise in online casino activities can be largely attributed to the official authorization and establishment of a trustworthy market. These factors have significantly contributed to their acceptance. The integration of immersive technologies like Virtual Reality (VR) and Augmented Reality (AR) has further amplified the allure of these digital gambling platforms. Projections indicate that the industry is on an upward trajectory, with the Indian market alone poised to hit a valuation of $4.6 billion by the year 2026.