Specifically, 2019 has been rather positive for the poker industry, from poker leagues to value-driven collaborations, launch of a poker university and massive growth for the poker operators. The year that passed saw big game changers for the poker industry in Asia. There were many challenges that were overcome and new horizons set for the growth of the sport. Here is a list of five key trends that counted in 2016 and for the years ahead. 1) Macau poker scene flourishes. Macau Millions (Photo Kenneth Lim – Courtesy of PokerStars).

Poker Industry

There are many changes happening in the US gambling sector during 2019 which are going to help make the USA one of the main as online destinations for American gamblers. This is due to law changes that are taking place in states which are overturning restrictions to make it legal. Here are the current trends and this site discusses US gambling laws in more depth should you want to know more.

Online Gambling Trends US

Over the last couple of decades, there has been a switch from land-based establishments to online casinos by punters due to the ease of access. The gambling industry produces billions in revenue each year but most of the money that is generated is through illegal gambling due to punters having to access overseas sites due to US gambling restrictions. That has meant that the tax man has been losing a fortune which is why now states are choosing the regulatory route instead of a complete ban.

New Jersey is one of the state’s leading the way as the have gambling friendly regulations in place. In 2019 Pennsylvania, California and New York are all expected to follower New Jersey by lifting bans in place.

Social Gaming Apps

Social casino gaming in the US is on the rise and now is one of the most important sectors in the USA due to the amount of revenue it generates. Of the top 100, iPhone apps 16 are social games in the US and the popularity is increasing fast each year. It has created huge investment in new casino game applications and in 2019 there will be many that will take the internet by storm. The most popular are multiplayer games which have been a limited choice in the past at online casinos.

VR And AR Casino Games

Technology has always been the main driving force in casino development and we are now getting to a point where new tech can be used to create experiences that have never been experienced before when gambling. One of the main breakthroughs has been in the development of VR and AR technology for smartphones. Now the latest mobiles offer graphics in both types of reality which means you can play the most realistic titles in virtual environments. These will become extremely popular as more players get access to the tech and costs to come down to make it more affordable.

Conclusion

In 2019 expect more online casinos in the US to focus on social games and start to implement VR and AR titles to their library. Due to the level of demand from the Esports sector, there will be more platforms starting to add this option to their casino to cater to this vast new industry. With more favorable gambling laws in place, the USA could finally become the best destination for online casinos. It is exciting times for American gamblers and finally, they will be able to place bets in a secure regulated environment rather than having to access overseas sites illegally.

Poker Industry Trends History

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With the Internet and augmented reality in social networks on the rise, we are most likely to deal almost everything online and the game of poker is no exception. Poker, like entrepreneurship, is a game of skill. Keep an eye on the competition and develop a winning strategy. Similarly, entrepreneurship is a high stakes game where you're battling against the odds. Given the similarities between poker and starting your own company, it should come as no surprise that poker pros are drawn to the entrepreneurial lifestyle.

In a study released in May 2018, it stated that the online gaming industry is worth a staggering $116 Billion, whereas Television is worth $105 Billion. Furthermore, we cannot forget that the gaming industry has gone up over 10per cent, while the Television industry’s growth has gone down by 8per cent.

In the last couple of years, Poker has seen increased acceptance and popularity in the US, the UK, China and other European nations and now the card game online has also begun to gain immense traction in India. The ever-growing number of online poker players is a testament to the incredible popularity this sport has gained over the years. People in India have begun to recognise poker as a game of skill rather than gambling. This is one of the major reasons why a large number of players are opting for poker in comparison to other available options.

Statistics published by KPMG shows that the online gaming industry in India is estimated to be INR 4,380 crore (FY18) which is projected to grow at a CAGR of 22.1per cent to touch INR 11,880 crore by FY2023. Within this, online card games are growing at 50-100per cent year-on-year. It is believed that there are more than two lakh active poker players in India. Metros such as Bangalore, Kolkata and Ahmedabad have started to embrace online poker to an extent that the opening of new poker clubs is expected every month from here on.

As E-Sports as a category is gaining traction in India, investors are cashing in on this rapidly growing segment that holds promise for a multitude of monetization opportunities. Investing in poker online offer benefits over traditional land games because:

Device Fragmentation: Over the past two decades, online gaming has grown into a worldwide phenomenon. The ever-growing number of online players among children and adults alike is a testament to the incredible popularity this e-sport has gained over the years. The online gaming industry witnessed a boom when affordable and smartphone scene made it big in the Indian market. Games as simple as Candy Crush and Subway Surfers played casually on smartphones to Dota 2 and Counter-Strike duked out by hardcore players brought a new wave of mobile gaming in India. In terms of revenue, sub-genre games such as Poker dominated the grossing charts and grew the revenue of app developing companies. This will likely continue in 2019 with Poker games sub-genre becoming stronger and bigger.

Ageing Customers: Rising smartphone users created a stable marketplace for the mobile gaming sector, as users are constantly on the lookout for new forms of entertainment. The ageing population in particular, who grew up playing Super Mario, Pacman now have spending power and increased accessibility to online games. They are more willing to access gaming content at the tap of a screen.

Low Infrastructural Cost: It is relatively a lengthy process for obtaining licenses for casino business in India and the time and costs involved in setting up the requisite infrastructure is high. Online poker game cuts off the cost of buying a casino which could be 10 times higher than spending at online poker website.

Larger Target Audience: Online poker game attracts global customers and is easily accessible for the players and sports enthusiasts who do not want to visit a live casino or dislike visiting it to play a poker game. This contributes to esports’ allure and its generation of a globally engaged fan base.

Scalability: Traditional sports have physical/spacial limitations, e-sports is more fast-paced and scalable because of its reliance on digital platforms.

Mobile gamification has certainly brought a new trend and this is the ideal time to capitalize. In business, as in the world of gaming, all you need is the willingness to take risks, hustle to get gain traction and trust in your skills if you want your company to hit the jackpot.