Over the past five years, online slot games have seen a great deal of growth and have significantly contributed to overall online casino gaming revenue. The online global casino market is now expected to reach the value of $153.6 billion US Dollars by 2030 and has a registered CAGR of 11.7% between 2020 and 2030.
This significant level of growth comes down to a number of factors, including the latest technological advancement that are improving games, as well as making them more accessible to people across the globe.
Below, we’ll take a look at what factors are making slot games so popular and how the online slot game industry is set to grow even further across 2022.
The evolution of slot games
The first slot game was created as early as the beginning of the 19th century and became accessible to the general public during the 20th century when they became popular in bars and pubs. These early slot machines were often very large machines with manual levers and very simple fruit symbols.
The typical target audience for these games were men who frequented the bars and pubs. While the introduction of electronic slots transformed the popularity of slot games, these machines were still very different to the options that are available today. That being said, electronic slots were much more popular than the traditional machines and offered a much greater interactive experience.
The introduction of online slots
Online slots have been a game changer for the casino industry, in which they are one of the most popular types of casino games for people to play across the globe. Unlike many casino games that require specific knowledge of the game and a good strategy in place to win, slot games are based on chance, making them more accessible to all players, as well as being easier to enjoy.
As technology has developed, online casino providers have begun to incorporate these technologies into slot games, making them more innovative than ever, as well as being more accessible to people across the globe.
The main differences between online slots and slot games offered in brick and mortar casinos are:
- You can play on the go – Whether you’re looking to play from the comfort of your own home, or even from a beach on a remote island while on vacation, as long as you have a decent Wi-Fi connection then you’ll be able to play online slots.
- More accessible gaming – Unlike physical casinos, online slot games don’t have a closing time every evening, offering less restrictive game play for those who have work or other commitments that restrict when they can play.
- A greater user experience – Online slots providers are able to make their games much more innovative and can even use AI technology to collect data on the ways people interact with a slot game, so that they can be improved in the future.
- More bonuses and promotions – As the market is incredibly saturated, online slot providers offer a variety of sign up bonuses and promotions to attract and retain players.
A huge variety of providers
One of the great things about today’s online slot games is that there are a huge amount of providers to choose from. While this can sometimes make it difficult for players to choose which site to go with, it also means there are so many options when it comes to choosing which games to play.
Players should ensure they choose a reputable site where there are adequate security measures, as well as a variety of games to choose from. Players should also take into account what kind of slot games they would like to play, such as more traditional slot games or themed slot games. Fans of the game Monopoly will be particularly well suited to Monopoly Slots offering a range of monopoly themed casino games and slot games.
The best casino game for beginners
If you’re just starting to explore the online casino scene, online slots are one of the most beginner friendly games to try. Unlike traditional casino games like poker or blackjack that require a great deal of knowledge on the game, online slots come down to chance and are much easier to play.
Some of the best online slot games of 2022 include:
Chronicles of Olympus X Up
The Chronicles of Olympus x Up is a high-volatility slot game where players win on average every one in four tries. With a theme from the times where Greek Gods rules everyday life, this enchanting theme offers an exhilarating game where players have the chance of getting up to a 97% return.
Monopoly Paradise Mansion
Featured on Monopoly Casino, this game is perfect for fans of the traditional monopoly board game. Featuring two different bonus games and a top payout of 10,000 x your coin size, this game offers considerable opportunities for winning big time.
With up to 20 paylines available in the game, there are 5 wild symbols on offer and a number of monopoly themed property card bonuses to get too.
Golden Fish Tank 2
Golden Fish Tank 2 features some of the most impressive features for a slot game and has an enchanting underwater theme. One of the best features of this game is the amount of free spins available. Players can also win up to 5,000 x their wager.
Overall, online slots games have come a long way in recent years and have expanded to a diverse audience across the globe. Looking at today’s technology laden slot games, it’s hard to once believe that the clunky old fruit machines were all that was on offer.