Nearly 9 Out of 10 Online Casino Games are Slots
Slots are cited as a prime example of a booming online casino niche that sees the most game titles produced every year, SevenJackpots Industry Researcher Svilen Madjov writes in a recent primary big data-based study dedicated to studying modern-day trends at online casinos in India.
There are reported active player sessions in over 2300 slot titles (out of 2640 total casino games). The astounding amount of game supply corresponds to high player interest and growing market competitiveness, Madjov adds, highlighting the whopping almost 90% dominance of slot titles in casino game libraries.
Eight out of the 18 leading games sorted by player count from a sample of close to 2 lakh registered online casino players are slot games.
Slots are responsible for 29% of the gaming sessions registered by a total of 28,000 casino gamers who played a game from the Top 30 games by player count, according to SevenJackpots data.
The share of slots grows to 35.7% of player sessions within the Top 100 games group, and reel games come at par with the 35.8% registered by the leading casino gaming category of roulette.
Our casino experts point out that the success of these games is not a coincidence. Online casino turnover is mostly directed to games with the highest returns to player (RTP), something roulette and slots are famous for, Industry Researcher Madjov comments.
The internal online casino traffic data shared by SevenJackpots reveals that the Indian real money gaming market has practically been reaching a point of saturation of diversified product offerings typical of a mature i-gambling market.
Another notable feature of Bharats current state of casino gaming development is the growing convergence of tastes between desi and global players, testified by the huge popularity gained by slots and other European casino classics.
This brings our experts to conclude that Western-style casino games are slowly closing the gap in national popularity with traditional game genres like Teen Patti, Svilen Madjov confirms and points out to Google Trends data on searches for selected casino games in India.
Slots even had a huge spike in interest in mid-2021, surpassing most other casino products in India for a month, Madjov adds.
Indias i-gaming market is famous for its fast growth and huge expansion prospects, which inevitably cause market maturing processes, and signs of this are already becoming apparent in operator data analysis.
Nevertheless, India is still lacking in some of the most fundamental aspects that distinguish the mature digital gambling markets of modern-day from the rest.
These missing aspects are widely known as Responsible Gambling (RG) and Anti-Money Laundering (AML), and are by essence government-introduced and industry-backed regulatory policies directed at protecting individuals and the public at large from various risks that can be associated with gambling.
Both RG and AML policies are now on the legislative and regulatory agenda of the nation as the formation of Indias first online gaming SROs (Self-Regulatory Organizations) is well underway under the framework of the recently amended IT Rules.
It will take some time for detailed rules to be framed and implemented by incorporated and operating SROs, and if the whole process doesnt get delayed in litigation with States or other stakeholders, we might soon see modern-day RG and AML policies applied to certain games of skill.
These efforts will set standards based on global best practices in i-gaming regulation that might eventually spread beyond skill tournaments and internationally licensed casinos to all real money gaming genres in the country including home-licensed games of chance.
And when the current high growth rates of the online gaming industry start slowing down, we will have a truly mature online gaming market in India.
Be the First to get the Best
Join Our email list to get the latest Tax Updates , Special Offers, Events delivered right to your Inbox
See the original post:
Slot Games Increasingly Popular: Does This Show Market Maturity - taxscan.in
- PENN Hopeful Hollywood Casino Standalone App Ready By Early 2025 - US Bets - May 3rd, 2024 [May 3rd, 2024]
- 7Bit Casino Starts the Spring Season With a Bang: 102350 USDT Win From One Spin Standard PR Bitcoin News - Bitcoin.com News - May 3rd, 2024 [May 3rd, 2024]
- Online casino firm 888.com to withdraw UK adverts after backlash - The Guardian - May 3rd, 2024 [May 3rd, 2024]
- 10 Best Maryland Online Casinos & MD Gambling Sites [2024] - The Hudson Reporter - May 3rd, 2024 [May 3rd, 2024]
- 5 Best Online Casinos in the Philippines for Real Money Games - Yahoo Finance - May 3rd, 2024 [May 3rd, 2024]
- Online Casino Bills In Illinois Are Unlikely To Advance This Session - PlayUSA - May 3rd, 2024 [May 3rd, 2024]
- Caesars Palace Online Casino Upgrades App with First-of-its-kind Functionality | Caesars Entertainment, Inc. - Caesars Investor Relations - May 3rd, 2024 [May 3rd, 2024]
- Fastest Withdrawal Online Casinos Canada (May, 2024) - The Hudson Reporter - May 3rd, 2024 [May 3rd, 2024]
- Most trusted online casinos in the US for 2024 - OregonLive - May 3rd, 2024 [May 3rd, 2024]
- Best online casinos that accept PayPal 2024 - al.com - AL.com - May 3rd, 2024 [May 3rd, 2024]
- 10 Best Wisconsin Online Casinos 2024: Top WI Casino Sites - The Hudson Reporter - May 3rd, 2024 [May 3rd, 2024]
- How Have Casinos Impacted the USs Tourism Industry - Drift Travel Magazine - May 3rd, 2024 [May 3rd, 2024]
- Betting on Change: Colorado's Journey through the Online Gambling Landscape - North Forty News - May 3rd, 2024 [May 3rd, 2024]
- Best real money online gambling sites USA - OregonLive - May 3rd, 2024 [May 3rd, 2024]
- Gambling Commission timeline for new affordability checks and online casino rules - Focus Gaming News - May 3rd, 2024 [May 3rd, 2024]
- Cordish Opposition To Online Casino Gaming Explained - PlayUSA - May 3rd, 2024 [May 3rd, 2024]
- Online casino gambling bill dead in Maryland - National Football Post - May 3rd, 2024 [May 3rd, 2024]
- Best real money gambling apps in the United States: May 2024 - New York Post - May 3rd, 2024 [May 3rd, 2024]
- NORDIC CASINOS - OPPORTUNITY OR THREAT? UNDERSTANDING THE BALANCE IN SCANDINAVIAN ONLINE ... - PWInsider - May 3rd, 2024 [May 3rd, 2024]
- Best Crypto & Bitcoin Gambling Sites Ranked and Reviewed - Yahoo Finance - May 3rd, 2024 [May 3rd, 2024]
- Saracen wants to expand online gambling in Arkansas, but commission is swamped | Arkansas Democrat Gazette - Arkansas Online - May 3rd, 2024 [May 3rd, 2024]
- AI Being Used to Make Online Casino's Safer - erienewsnow.com - May 3rd, 2024 [May 3rd, 2024]
- Slotegrator expands into India by partnering with Betnwin online casino and sportsbook - Yogonet International - May 3rd, 2024 [May 3rd, 2024]
- Multi-lobby navigation highlights Caesars online casino upgrade - iGaming Business - May 3rd, 2024 [May 3rd, 2024]
- Michigan's top 3 online casinos to sign up at during May 2024 - MLive.com - May 3rd, 2024 [May 3rd, 2024]
- Caesars unveils upgraded Caesars Palace Online Casino app featuring new look and navigation layout - Yogonet International - May 3rd, 2024 [May 3rd, 2024]
- The Best 4th of July Slots to Celebrate Independence Day - The Sports Geek - May 3rd, 2024 [May 3rd, 2024]
- Why an Alabama man is banned for life from Mississippi casinos - AL.com - April 27th, 2024 [April 27th, 2024]
- 5 best real money online casino games for beginners - PennLive - April 27th, 2024 [April 27th, 2024]
- UK children bombarded by gambling ads and images online, charity warns - The Guardian - April 27th, 2024 [April 27th, 2024]
- Best online casinos to play for real money in the US - AL.com - April 27th, 2024 [April 27th, 2024]
- Best online slots to play for real money April 2024 - AL.com - April 27th, 2024 [April 27th, 2024]
- Slots with highest RTP (up to 99%) for April 2024 - OregonLive - April 27th, 2024 [April 27th, 2024]
- Soft2Bet: Danish players to experience the best in online casino with CampoBet Danmark - English - Danmark - PR Newswire - April 27th, 2024 [April 27th, 2024]
- Best Payout Online Casinos in Canada for 2024 - 97%+ RTP - The Hudson Reporter - April 27th, 2024 [April 27th, 2024]
- Best online casinos for real money in 2024 - OregonLive - April 27th, 2024 [April 27th, 2024]
- 2024's Best Online Casinos in Europe Top EU Casino Sites - The Hudson Reporter - April 27th, 2024 [April 27th, 2024]
- Best Real Money Online Slots to Play in 2024 - The Hudson Reporter - April 27th, 2024 [April 27th, 2024]
- The Best Online Casino in Vietnam - April 2024 - Techopedia - April 27th, 2024 [April 27th, 2024]
- Casino requests regulator approve Arkansas online gambling - iGaming Business - April 27th, 2024 [April 27th, 2024]
- Credit Card Ban Bill Focuses On Responsible Gambling In PA - Play Pennsylvania - April 27th, 2024 [April 27th, 2024]
- Up to $2500 bonus funds with Caesars Palace Online Casino - PennLive - April 27th, 2024 [April 27th, 2024]
- PokerStars and Evolution Team Up for Major Live Casino Revamp - PokerNews.com - April 27th, 2024 [April 27th, 2024]
- Solana (SOL) Back Above $150 But Can It Get Back to $250? Rollblock (RBLK) Launches Online Casino - Hottest New ... - Crypto Reporter - April 27th, 2024 [April 27th, 2024]
- Breaking Sports Monopoly Could Be Key to Florida iGaming Effort - Bonus.com - April 27th, 2024 [April 27th, 2024]
- How AI Is Changing the Online Gambling Industry - Blockchain.News - April 27th, 2024 [April 27th, 2024]
- Online Poker in New York 2024 - NY Online Poker Sites - Techopedia - April 27th, 2024 [April 27th, 2024]
- Denmark: 15 per cent of young people illegally gamble online - Casino Beats - January 16th, 2024 [January 16th, 2024]
- GiG furthers global presence with two new launches - iGaming Business - January 16th, 2024 [January 16th, 2024]
- Operator Coalition Makes Ad Pitch for NY Online Casino - Pokerfuse - January 16th, 2024 [January 16th, 2024]
- New Year's Resolutions For PA Online Casino Market - Play Pennsylvania - January 16th, 2024 [January 16th, 2024]
- Biggest Online Gambling Markets in the World - Finbold - Finance in Bold - January 16th, 2024 [January 16th, 2024]
- BetMGM Casino bonus code for MLK Day: Get $25 online promo offer to play with now - SILive.com - January 16th, 2024 [January 16th, 2024]
- Best PayPal Online Casinos in the US for January 2024 - Sports Illustrated - January 16th, 2024 [January 16th, 2024]
- FanDuel Casino bonus: Get up to $1000 back + 50 bonus spins - MLive.com - January 16th, 2024 [January 16th, 2024]
- New Bill Filed To Legalize Online Casinos In New York In 2024 - Play NY - January 16th, 2024 [January 16th, 2024]
- Casino with a minimum deposit of 10 euro - Be Global Fashion Network - January 16th, 2024 [January 16th, 2024]
- 2nd Year Of Legal Sports Betting Brings NY $862M, Says Governor - PlayUSA - January 16th, 2024 [January 16th, 2024]
- Best US Sweepstakes and Social Casinos 2023: Top Online Casino Sites Reviewed - Analytics Insight - January 16th, 2024 [January 16th, 2024]
- Gaming Corps expands distribution with Alea Casino Aggregator partnership - Gambling Insider - January 16th, 2024 [January 16th, 2024]
- Sen. Addabbo Files 2024 Bill To Legalize iCasino In New York - US Bets - January 16th, 2024 [January 16th, 2024]
- Top 9 Uk Casino Online Real Money - Best Casino Sites Ranked by ... - The Coin Republic - August 6th, 2023 [August 6th, 2023]
- PA Online Casino Revenue Smashes Records in 2022-23 - Crossing Broad - August 6th, 2023 [August 6th, 2023]
- The Growing Popularity of Online Casino Gambling: A Historical ... - thewashingtondailynews.com - August 6th, 2023 [August 6th, 2023]
- How to Recognize and Avoid Fake Online Casino Websites - East End Taste Magazine - August 6th, 2023 [August 6th, 2023]
- Online Casino using Gcash: The Ultimate Guide to Convenient ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- Borgata Casino promo: Deposit match up to $1000 + $20 on the house - PennLive - August 6th, 2023 [August 6th, 2023]
- Betway Online Casino: The Ultimate Guide to Exciting Gambling ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- Exploring the Different Types of Online Casino Bonuses and ... - News-Reporter - August 6th, 2023 [August 6th, 2023]
- Casino Zeus' Choice of the Best Casinos in Canada - Analytics Insight - August 6th, 2023 [August 6th, 2023]
- DraftKings Shares Q2 2023 Earnings With Investors - PlayUSA - August 6th, 2023 [August 6th, 2023]
- The 6 Best Online New Zealand Casino Sites for Real Money - Analytics Insight - August 6th, 2023 [August 6th, 2023]
- Everything You Need to Know About Stake Online Casino - August 4 ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- 7reels: A Comprehensive Review of the Leading Online Casino ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- 2023's Top Financially Inclusive Cryptocurrencies: Scorpion Casino ... - Analytics Insight - August 6th, 2023 [August 6th, 2023]
- Jeetwin Casino: The Ultimate Online Gambling Experience - August ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- Best Real Money Online Casinos & Gambling Sites [2023 Update ... - The Daily Collegian - August 6th, 2023 [August 6th, 2023]
- Caesars Online Casino Review: One of Michigan's Best - MLive.com - August 6th, 2023 [August 6th, 2023]
- BetMGM Online Casino Review 2023: Up to $1,025 On Sign-Up - MLive.com - August 6th, 2023 [August 6th, 2023]
- Best Free Spins Online Casino Bonuses in Michigan for 2023 - MLive.com - August 6th, 2023 [August 6th, 2023]