How iGaming is taking over the gambling industry, by CT Interactive
Tuesday 27 de February 2024 / 12:00
2 minutos de lectura
(Sofia).- The gambling industry is divided into numerous segments. You’ve got software providers like us, as well as online casinos, sportsbooks, and owners/operators who manage thousands of sites all over the world. In the past, it would be fair to say that iGaming wasn’t dominating the industry. However, recent data suggests that iGaming isn’t just biting into the market share of platforms like online sportsbooks, but it’s actually starting to take over. This is obviously very promising from a software provider’s perspective, and we like to think that our collective efforts have played some role in the popularity of iGaming.

Naturally, the more diverse and the higher the quality of games available, the better overall user engagement will be. That said, user engagement and overall enjoyment aren’t quite as quantifiable as the latest industry statistics. This brings us to some of the most striking facts that prove iGaming is becoming more prominent worldwide. So, to begin, if revenue projections are correct, the iGaming industry could be worth more than $150 billion by 2030. This figure projects double-digit compound growth that is expected year on year. And if we bear in mind that the iGaming industry was worth just over $60 billion at the end of 2021, these projections point toward mass adoption and growing interest in places where gambling is already popular.
But how can the iGaming industry expect such rapid growth? There are numerous reasons behind the numbers. First and foremost, the iGaming industry is becoming more and more prevalent in places like North America, largely thanks to relaxed online gambling laws spreading throughout the nation. Additionally, South America is following suit, with enormous markets like Brazil opening up its doors to the world of iGaming. In fact, there are more than 500 million people in the USA and Brazil alone. If even a fraction of the collective population gains an interest in iGaming over the coming years, the outputs could be enormous. Of course, these are just two markets where iGaming is booming, but there is also cause for enthusiasm in places like Europe, Africa, and Australasia.
Despite the fantastic opportunity that these locations present for the iGaming market, there is one missing piece to the puzzle, and that’s the point where companies like CT Interactive and others enter the picture. We say that because no matter how large the market, if the end product isn’t desirable, numbers will dwindle, and the industry won’t grow. But the end product is improving exponentially with cutting-edge technology like artificial intelligence, virtual reality, and cryptocurrency integrations, so we are seeing that growth. Collectively, such technologies are helping to build truly unique experiences, and things like slot games now demonstrate Hollywood-worthy animations. Therefore, there is only one way the iGaming industry will go: up!
Categoría:Online Games
Tags: online gaming, Casino Online, CT Interactive,
País: Bulgaria
Región: EMEA
Event
Peru Gaming Show 2025
18 de June 2025
“Localization is a critical factor for success in Latin America:” Roman Bogoduhov, Endorphina
(Lima, SoloAzar Exclusive).- In this Q&A, Roman Bogoduhov, Endorphina Senior Business Expansion Manager – LATAM, shares his experience at recent PGS 2025, highlighting an improvement in the number of participants, greater activity and new platforms and operators. Read more about Endorhina new releases, the Peruvian regulation and new market insights in this article.
Friday 11 Jul 2025 / 12:00
DS Virtual Gaming Drives Strategic Alliances and Regional Expansion in the Peruvian Market Starting at PGS 2025
(Lima, SoloAzar Exclusive).- With an innovative virtual offering, DS Virtual Gaming is positioning itself as a key player in the growth of the Peruvian gaming market. The company presented agile solutions for physical locations, highlighted the HD quality of its videos, and reaffirmed its commitment to local technical support. Discover how it plans to conquer new markets in Latin America in this interview with Jessica Quevedo, Head of Business Development LatAm.
Thursday 10 Jul 2025 / 12:00
"Regulation of Remote Gaming and Remote Sports Betting in Peru": Conference at PGS 2025
(Lima, SoloAzar Exclusive).- Peru Gaming Show 2025 was once again the scene of valuable conferences on the present and future of Gaming within the Latam region. In this context, the lawyer and specialist in corporate and regulatory law, Constante Traverso was the speaker at the conference that gives title to this article, where he presented a critical look at the legal, tax and compliance aspects that affect the sector, as well as its benefits and sustainable development.
Thursday 10 Jul 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.