The iGaming industry is incredibly diverse. From online casinos and live dealer studios to online sports betting and eSports tournaments, iGaming platforms cater to every niche.
So, to better understand this vast industry, we’ve put together a one-stop guide to all things iGaming.
Covering everything from what iGaming is and why it’s so popular through to the key infrastructure requirements platforms need to consider when hosting their iGaming applications.
2. iGaming Definition
iGaming is defined as “online betting via electronic means”.
But, to define the iGaming industry in its entirety requires a broader definition. The
iGaming industry isn’t only made up of online gambling platforms that end-users play
on (operators like Poker Stars and Betway).
It also includes B2B iGaming software suppliers like SOFTSWISS and BetConstruct
that work behind the scenes to develop the game software for operators
3. 4 reasons for the
increasing popularity
of iGaming
1. Accessibility
2. Payments and Security
3. iGaming technology is advancing
4. Regulatory changes
4. 1. Accessibility
Because iGaming can be accessed via websites and apps, anyone with a
device and an internet connection can play a few hands of poker or spin some
slots.
The pandemic was also instrumental in driving growth as people looked for
online alternatives while physical casinos were closed. 2021 was a record year
for the iGaming industry in the US, with many states recording all-time
revenue highs.
Post-pandemic, the accessibility of iGaming means it’s also beginning to take
off in emerging markets.
5. 2. Payments &
Security
iGaming operators offer a range of deposit and withdrawal options. Users can
choose to make debit or credit card payments, use eWallets, and it’s increasingly
common to find iGaming platforms accepting decentralized currencies.
iGaming platforms today are extremely secure. Legitimate operators deploy strict
security measures like SSL certification KYC processes. These measures have
helped to increase public trust in iGaming.
6. 3. iGaming tech is
advancing
Technologies like VR and AR are bridging the gap between brick-and-mortar casino
experiences and online gambling.
The emergence of virtual casinos, where players can walk around virtual lobbies
and interact with fellow patrons, is now giving users the chance to access real-life
casino experiences from the comfort of their own homes.
7. 4. Regulatory Changes
In the iGaming industry, proper regulation is make or break. Just like any land-based
casino, iGaming activities fall under various regulatory jurisdictions. Those popular for
iGaming include Malta, Curacao, Montenegro, Antigua and Barbuda, the Isle of Man,
and the UK.
The robust regulation of online casinos is serving to increase trust in online gambling
operators. As a result, increasing the uptake of online gambling.
9. A Quick look at the
iGaming
Infrastructure
iGaming platforms can’t exist without reliable, available, and secure infrastructure. So,
partnering with the right iGaming hosting provider is key.
For an iGaming business, finding a hosting solution that fits can be challenging.
Because iGaming platforms vary so much in their infrastructure requirements, off-the-
shelf solutions often fall short.
10. A Quick look at the
iGaming
Infrastructure
It’s important to find a hosting provider offering bespoke, customizable iGaming servers.
The best hosting providers will work with an individual iGaming business to determine
the unique underlying infrastructure its application needs to work optimally.
Other factors to include –
Choosing the right geopraphies
RAM
Storage
Network speed
Availability
11. What‘s next for
iGaming technology?
The iGaming industry is uniquely positioned to take advantage of a wide range of
emerging technologies. From VR and AR taking online casino environments from two
dimensions to fully immersive experiences, to blockchain technologies diversifying the
payment landscape.
Combined with continued moves towards iGaming regulation, it’s safe to say that this
is an industry poised for even more growth. And to support that growth, specialized
infrastructure is key.
12. Want to learn
more?
Head over to our detailed blog post where we
have covered everything related to iGaming.
Thankyou.
Editor's Notes
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