The gaming culture is developing so rapidly that studies state the industry is going to hit the recording US$300 billion in the next 5 years. The number of players around the world has reached 2.5 billion, meaning that every third person on Earth plays some kind of game. The gaming sector attracts more and more …

July 22, 2020

Some business sectors appeared to be more resilient to all dramatic changes taken place in 2020 so far. The makings of a $120 billion gaming industry were officially set in motion. Moreover, the industry is expected to reach a CAGR of 12% during the forecasted period 2020-2025. Gaming is drawing in more and more rivals, from Amazon to Apple, who …

May 20, 2020

Online gambling business magazine LoginCasino shares the statistics that the iGaming market is expected to grow with about $90 million by 2024. As Innovecs is one of the leading providers of outsourced iGaming development nowadays, it’s always important for us to follow the market trends. Slots game development, virtual reality casinos, sports betting, iLotteries are …

March 19, 2020

Last update: October 2020 The year of 2020 will forever remain a year that disrupted the everyday lives of millions of people and impacted global businesses. Closed borders, shops, offices, hotels, and entertainment institutions — do you remember something like this? On the other side of the coin, there are businesses that managed to quickly …

July 15, 2019

According to Statista, by 2020 the global revenue of the online gambling market will reach $59.79 billion, which is a 13% increase compared to 2017. Ace Casino explains that such industry growth is led by: huge advancements in technology, lower transaction and operating costs than traditional gambling institutions, access to a much wider audience, more …

May 9, 2019

Online gambling has always been a lucrative industry and 2019 is no exception. The latest findings released by Hexa Research have unveiled that the market will grow by a whopping USD 73.45 billion by 2024. The US market alone is anticipated to balloon to 51% CAGR by 2020, as Technavio analysts asserts. This change is …

February 12, 2019

After Facebook announced Instant Games, allowing third-party developers to deliver content directly to social network users, many Western tech giants took up the initiative. With its release of iOS 11, Apple made moves to bite off a piece of the hybrid messaging pie by introducing a completely overhauled version of iMessage, letting Apple users play …

August 8, 2018

Virtual sports are the latest fad in gambling. Thanks to the high influence of technology on the entertainment and outcome of games, virtual sports are one of the most in-demand areas in the gaming industry. Today, gambling operators (like Betradar) allow betting on the following virtual disciplines: Soccer, Tennis, Motorcycle and automotive racing, Greyhound races, Horse Racing, Speedway, Cycling. …

February 14, 2018
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