The online casino industry in Malaysia is growing at a rapid rate and there is no doubt that this year will continue in the same way.
With the growth of the market comes the emergence of new trends, and especially new names in the world of online casinos.
Of course, factors like the current outbreak have also had a big impact on the overall situation, so it’s not that easy to predict what will happen in the future. However, we can notice new trends that characterize the current year.
Continuous Market Growth
The coming year will see the online casino market in Malaysian grow at an even faster rate. It should be noted that a multitude of countries have legalised online casinos this year or are planning to do so in the near future.
Growth can therefore be expected to continue. With a total market value of nearly RM70 billion, the industry grew over 13% last year.
Virtual Reality
Recently, the idea of VR gaming has grown so much that game vendors have almost set out to conquer each other to invent the very first VR game available to everyone from the comfort of their own home.
It can be difficult from a technical point of view, but the brightest minds are already working on the implementation of this technology in everyday life.
As the gambling market in Malaysia is now one of the largest in the world, Malaysian gamers can expect the changes as early as 2021 or as early as 2022.
Growing Use of Cryptocurrencies
Another interesting trend for this year is the popularity of bitcoin and other cryptocurrencies among casinos. Malaysian online casino brands, in addition to offering such a payment method, also offer transactional benefits associated with crypto.
Cryptocurrency users are usually rewarded with additional bonuses. In addition, this method seems to eliminate all issues related to player-operator trust.
Improved Promotions and Bonuses
Competition is fierce in the new world of online gambling industry and new online casinos are growing rapidly.
With such stiff competition, operators started offering generous bonuses to entice new players to join. It is no wonder that the number of bonuses per casino is increasing every day and new types of bonuses appear regularly.
The future of online gambling is very bright, at least because online services are booming now. Anything you can do from home or remotely is now very popular.