The recent pandemic of online slot machines hasn’t dampened the industry. Progressive jackpots and easy payment methods are major draws. Stay-at-home measures like staying out of debt and establishing a virtual home base are also important. But how will the online slots industry continue to grow? Here are five factors that could keep it thriving. Read on to discover what they are and how you can take advantage of them.

Progressive jackpots are a major attraction in online slots

The concept of progressive สล็อตxo jackpots has been around for several decades. While they were first introduced in brick-and-mortar casinos, these jackpots were only fed by bets on specific machines. They were very rare to hit, and the largest jackpots rarely exceeded 10,000 USD. Although these machines remain popular today, their popularity has decreased considerably since the emergence of online casinos. Progressive video slots, however, are now popular among online players. The jackpots can reach millions of dollars.

Advantages of Online Slot Games

While not all online slot games have progressive jackpots, some leading designers offer a number of them. Playtech, for example, has forty progressive jackpots. Realtime Gaming offers a smaller selection, but some of their payouts top the $1 million mark. NetEnt Entertainment has 16 games that include progressive jackpots, and many of these games have multiple levels for additional winnings. The biggest online casinos with progressive jackpots will also have a lot of new games that can be played with multi-level jackpots.

Convenient payment methods

Using secure payment methods is essential to ensuring the safety of your online transactions, and the online slots industry is no exception. It’s important to offer players several convenient payment methods so that they can choose from and feel comfortable with each. Besides credit and debit cards, alternative methods like Google Pay are becoming increasingly popular as more people use the internet to make purchases and deposit money. Google Pay is an excellent choice for online casinos, as it solves one of the major concerns of online casino gamers: safety of personal information and online payments.

MasterCard is a widely accepted banking option for online casino players. It is one of the leading credit card issuers in the world, and cooperates with more than 25,000 financial institutions. You can apply for the type of MasterCard card you want, and be assured of its security and availability. It is also an increasingly secure payment method, so you can feel confident using it. MasterCard cards are secure and convenient, and they can also help you protect your funds from fraud.

Stay-at-home measures

The casino industry has suffered a huge blow as a result of the COVID-19 pandemic, affecting many businesses. The disease has forced many to shut down, and many of these businesses have been left waiting to reopen until the restrictions are lifted. However, many players have turned to digital gaming to try their luck. As a result, the online slots industry is booming.

Growth of the iGaming industry

The global internet population is expected to reach 5.3 billion users by 2023, growing at a CAGR of 6 percent. The rise in smartphone adoption, along with an increase in the number of users, will fuel this market. In addition, the convenience of cashless payments and an increase in female patronage are expected to drive growth. With this in mind, mobile slots are expected to be one of the fastest growing segments in the online gambling industry.

The growth of the online slots industry will be largely dependent on the region. The UK will be a key market, as Evolution will launch its full gaming suite, based on its brands of Gala Bingo and Gala Casino. Other key regions are North America, where revenue is expected to grow by a significant margin, and Asia-Pacific. The increased demand in these regions is likely to be fueled by advancing digitalization and the increased popularity of sports betting.

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