Sponsored by 18 Casino City’s iGaming Pocket Directory Casino In the U.S., New Jersey’s maturing sports betting market helped the state hit $970 million in online wagering revenue in 2020, more than doubling the $482 million from 2019. That 101% rise reflects factors such as casinos being shut down, gamblers not feeling comfortable returning to casinos upon reopening and continued spillover from New York’s market. Another appealing facet of online casinos worldwide is how rapidly they can provide new offerings for players. Whether it’s a new catalog of slot games, bonus offers, adding a widely-used payment provider or cryptocurrency or faster payouts, online casinos can swiftly tailor their configuration to reflect the desired audiences. Online video slots reign as the most popular online casino game, but that hasn’t stopped new ideas from flowing. Popular new mechanics, innovations and marketing have helped guide slots to lofty heights. There’s Big Time Gaming’s Megaways, which offer 117,649 ways to win on any spin and has been licensed to several other providers to utilize for their own games. Also gaining traction are Bonus Buys, where players can directly buy into the slot’s Bonus Round for a fixed cost rather than waiting to win entry via scatter symbols. Combine those newer features with fan-favorite progressive jackpot games, like Microgaming’s Mega Moolah, and it’s no surprise to see online slots with a stranglehold on the sector. Mega Moolah still holds the Guinness World Record for the largest online jackpot paid, with a €18.9 million jackpot on a 75-cent bet on 28 September 2018. It also paid out a €14.2 million jackpot in August 2020, marking the single biggest jackpot ever won in a Swedish online casino. As of August 2020, over €1.2 billion has been paid out by Microgaming’s progressive jackpot network. A rise in streaming interest has also helped drive traffic to online casinos, as the slots category is a top 25 game on Twitch. Online slot streamers racked up 14,715,738 viewer hours across December 2020 per Twitchmetrics.net. The streamers benefit from affiliate revenue, while casinos and slot providers gain market exposure. Online casino gaming also benefits from offering improved live table games that bring a social element to the experience. Players may chat with dealers or other players, while receiving timely live support if needed. Side bets and promotional contests are staples now, supplying veteran players with additional prizes on top of the conventional deposit and free spin offers. CAS INO INDUSTRY OVERVIEW
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