Crypto is taking over the online casino industry as new casino games emerge utilizing blockchain technology. If we go back a couple of years, we can see huge advancements in the crypto casino space from new innovative games to new payment opportunities that make the process safer, and more straightforward.
It is safe to say that 2022 has been a great year for crypto casinos as we’ve seen a massive increase in both revenues for casinos and players willing to change to the new payment method.
This brings the question of what can we expect from the crypto casino industry in 2023?
Will there be new innovations that will take the entire industry to the next level? Let’s find out.
Biggest Crypto Casino Trends to Expect in 2023
It is no secret that mobile casino games will dominate the market, but as of today, most crypto casinos don’t offer a mobile alternative for their features.
This is expected to change in 2023 as crypto casinos will start to invest a lot more into adapting their games for smartphones.
Today’s mobile-first revolution has been fueled by the widespread adoption of smartphones, the availability of new features, and improved access to high-speed internet.
Most international markets are dominated by mobile users, and 70% of the betting industry’s revenue is expected to come from mobile devices in 2023.
Throughout the next few years, this trend will fuel the release of mobile-first games and casino activities that can be played on mobile devices and wearables.
Stronger Crypto Online Communities
Even though crypto casinos are available for some time now, like mbitcasino.io for example, they are still considered a new trend compared to traditional online gambling. Therefore we expect that 2023 will be the year when the crypto-gambling community will grow a lot stronger.
Players are developing a stronger sense of community with crypto casinos. Promotional offers and online forums were previously used to accomplish this. The casinos are building a sense of community among players, so they are starting to offer more open chat rooms where players can meet, ask questions, win prizes, and offer advice.
In multiplayer games, such as live casino games, we’ve already seen this type of community building.
As the crypto community grows stronger, so will the entire crypto gambling industry.
Change in Crypto Payments
As the online crypto gambling industry advances, we are seeing more and more online casinos ditching the traditional crypto payment system of using an exchange. The idea for casinos to offer crypto to be purchased directly through their site makes things a lot simpler.
However, that is not the only advantage of in-house crypto exchange. Since casinos will start to offer crypto purchasing options, the process won’t be only safer but also more accessible to players from all around the world.
AR and VR Crypto Gambling
Technologies like virtual reality and augmented reality have played a crucial role in fueling the digital entertainment industry’s future. There is no exception to this rule when it comes to crypto gambling!
As a result of these technological advancements, gamblers are enjoying a much more immersive gambling experience. They are able to recreate the unique emotions of playing at their favorite land-based casino.
A significant obstacle hindering mainstream adoption of VR and AR headsets is currently their cost and size. VR gambling sessions are becoming more popular as these technologies continue to develop!
Live Casino Games
The majority of online casino games today are based on random number generators or algorithms that produce random numbers. Online casinos offer live games as part of their offerings, which is considered standard in the online gambling industry. However, with technological advances, more live games are becoming available.
In addition to reducing house edges significantly, these games offer users the thrill of playing a real-life casino game. The number of options for live games is increasing in most casinos, although most still offer a limited selection.