Thanks to the technological advancements and internet, the online gambling industry has developed beyond our wildest dreams.

Europe’s online gaming sector has grown at an exponential rate, with numerous nations, including the United Kingdom, Germany, Italy, and Switzerland, emerging as key online-gambling markets. The number of new casinos released is expected to continue increasing in 2022, just like in previous years.

The European Betting & Gaming Association (EBGA) claims that technological advancements have enabled European consumers to access e-gaming websites at any time and from any location. The betting association also stated that the internet gambling sector in Europe is growing at a 10% yearly rate. The continent’s online gaming business generated EUR22 billion in gross gaming revenue in 2018, and the market value is predicted to reach EUR29.3 billion in 2022.

Reasons for the EU’s Online Gambling Market’s Rapid Growth

One of the reasons for the rapid growth of the European casino and gambling industry is that Europe is home to some of the most stringent licensing agencies in the global betting and gambling industry. You can read more detailed about EU casinos here https://casinotop3.com/eu-casinos/. The MGA (Malta Gaming Authority) and the UK Gambling Commission, in collaboration with the EBGA, work transparently to award licenses exclusively to reputable and well-established gambling sites. This provides gaming enthusiasts with confidence when making wagers on these websites.

Another cause for the expansion of EU online gambling is the development of mobile-first gambling websites. Already in 2018, mobile devices accounted for 43% of all casino wagers. In 2018, Finland, for example, saw a 10% increase in mobile gaming income, demonstrating that mobile gaming is bringing in considerable revenue to the European industry.

European Online Gambling Trends 2022

Currently, most internet gamblers prefer to play at online casinos and bookies using their smart mobile devices. Not only are we expecting this trend to continue, but during 2022, you may expect to see the following trends in the EU industry.

New Exciting Games

With more gambling websites attempting to enter the mobile gaming market, the necessity for pixel-perfect HD games for smartphones is more important than ever. In recent years, this trend has accelerated dramatically. Consumers can get the same level of game quality via gambling apps as they can from a casino website.

It has also paved the way for live betting, which allows bettors to compete against and alongside other players online. This forces gambling companies to update their game strategies to deliver a better user experience. For example, live poker allows players to sit at a table with a live dealer and interact with other players via real-time discussions and broadcasts.

The United Kingdom Leads the Way

Private companies dominate the UK gambling market, and it operates in a highly competitive market. The Gambling Act of 2005 established the UK Gambling Commission, which has strict gambling rules and regulations in place to guarantee that online bettors and gamblers feel safe when using these sites.

According to a study by Mordor Intelligence, 6% of consumers aged 25-34 and 45-54 visited an online gambling site at least once per 90 days, accessing casino games, online poker, bingo, sports betting, and lotteries. 888 Holdings, Bet365, LeoVegas, and Casumo Casino are among the top UK suppliers likely to lead the sector.

Casinos with Augmented Reality

In the field of online gaming, Augmented Reality (AR) is a relatively new technology. This innovation superimposes digital items on top of the physical world on your game screens, giving the appearance that you’re truly gaming in the real world. The technology has gained some popularity, and in 2022, it is projected to gain even more traction. AR provide gamers with a 3D, 360-degree gaming experience without the need to distinguish between the physical and digital worlds, according to the online gambling market’s openness to new technology.