The future of US iGaming: Predicted innovations and disruptions in 2023
The world of iGaming is quickly evolving, especially in locations such as the United States. As technology advances and regulations relax, we can expect to see exciting new innovations and disruptions in the years ahead that will transform how we play games online. Let’s take a closer look at what experts predict for the future of US iGaming in 2023 and beyond — from virtual reality casinos to cryptocurrency payments, so you’ll be prepared for all the big changes on the horizon!
Trend 1: Mobile gaming
Since the advent of smartphones, mobile gaming has exploded in popularity. There are now more than three billion active mobile gamers around the world and that number is only expected to grow. With the release of 5G technology, mobile gaming is about to get even better, with faster speeds and lower latency, which will make for a more immersive and enjoyable experience.
Players can easily play slot games on online casinos via mobile for free and enjoy the newest gamble features and the best bonuses the internet has to offer.
Trend 2: Artificial intelligence
Over the past few years, we’ve seen a huge increase in the use of artificial intelligence (AI) in different aspects of our lives. From personal assistants such as Siri and Alexa to self-driving cars, it seems that AI is slowly but surely becoming a part of our everyday lives.
It should come as no surprise that AI is also starting to make its way into the iGaming industry by offering personalized recommendations, improving game design and crafting smarter marketing campaigns for iGaming companies. One of the most interesting examples is a company such as Roblox using AI to generate code that will speed up game modifications and updates.
Trend 3: Crypto gambling
With the popularity of Bitcoin and other cryptocurrencies on the rise, it’s no surprise that more and more online casinos are beginning to accept them as a form of payment. There are even some exclusively cryptocurrency-based online casinos popping up.
So, what does this mean for the future of online gambling in the United States? Firstly, it could make online gambling accessible to a new group of people who may have previously been deterred by concerns around security or privacy. It could also lead to lower fees and quicker transactions, with reduced waiting periods for payouts.
Trend 4: Increased gambling access
Another major trend that is impacting the iGaming industry is the expansion of legal gaming into new markets. In recent years, there has been a push to legalize online gambling in several US states, which is expected to continue as more states recognize the potential tax revenue and economic benefits that could be generated by legalizing online gambling.
Trend 5: Wearable gaming
The future of gaming is looking more and more like it will be wearable. While some might think that this is just a fad, we believe that it has staying power and will eventually become the preferred way to game for many. There are already a few examples of wearable gaming in the market, such as the Oculus Rift and Samsung Gear VR, but we believe that there are a few other trends that will help propel this technology forward.
First, we believe that mobile devices will continue to get more powerful. This means that they will be able to handle more graphic-intensive games without any lag or choppiness. This trend will eventually lead to mobile devices becoming the primary gaming platform for many people.
Second, virtual reality (VR) will become more popular and affordable. VR headsets offer a much more immersive gaming experience than traditional monitors or televisions. As VR technology gets cheaper and easier to use, we expect to see more people using it for gaming purposes.
Finally, augmented reality (AR) will also start to play a bigger role in gaming. AR allows you to overlay digital objects onto the real world around you which can be used for gaming in many ways, such as helping you find items in a virtual scavenger hunt or providing helpful information about your surroundings in a first-person shooter game.
Trend 6: Growth of iGaming
The global iGaming market is expected to reach $92.9bn by 2023, with the US share forecast to grow to $30bn. This predicted growth is due to several factors, including the increasing popularity of online gaming, the convenience of mobile gaming and the expansion of legal gaming into new markets.
Conclusion
The US iGaming market is rapidly evolving and set to experience major innovations and disruptions in the coming years. Technology developments such as AR, VR, blockchain and AI are expected to have a profound effect on how we game online. Players are becoming increasingly savvy with their gaming habits and this demand for fresh content is spurring operators to constantly innovate to remain competitive. With new laws being put into place each year and states facing budget constraints that limit expansion options for traditional gambling venues, there’s little doubt that 2023 will be an exciting time for iGaming operators in the United States.
