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21st Century Gaming Market: Setting Up Your Online Business

The gambling industry has always been one of the most lucrative enterprises in history, and this is still true today. Thanks to the recent advances in digital technology, online gaming has been brought up to the levels previously unimaginable. This has created new challenges for casino operators. Upgraded security systems, extravagant artistic designs and top casino bonuses all serve the purpose of attracting new customers and retaining the existing ones.

On the other hand, the very same trends have created invaluable opportunities for further development and expansion of your online enterprise. The purpose of this article is to summarise what your potential clientele has learned to expect, in order to make it easier for you to keep up with the trends of the day and offer your customers the best services available on the modern online gaming market.

Licensing

To begin with, proper accreditations are now a must. There is so much fraud on the internet that no sensible gamer is going to invest in some dodgy platform that could disappear without a trace at any moment. Nor does he have to do it anyway, as more and more operators are starting to take this issue seriously.

It does not require much effort to find a reputable online casino with several international gaming authorities to back up its name, so if you want to succeed in your venture, you may as well join the club. The licensing commissions that your customers will want to see on your webpage include, above all:

  • The MGA
  • The UKGC
  • Curaçao eGaming
  • eCogra
  • The CGC
  • The GBGA

Customer Reviews

In addition, social media makes it easier for people to share ideas and experiences, and there are many online forums where gamers will rate your services and discuss their impressions of your platform. Therefore, building your reputation on sites like Trustpilot and Facebook can be just as effective as proper licensing.

Security Measures

Digital safety is another issue your customers will be taking seriously. Basically, maintaining an optimal level of security becomes absolutely indispensable in this age of digital crime; otherwise, gamers will be too afraid to reveal their financial information on your site. Therefore, 128-bit or, even better, 256-bit encryption technology deserves serious consideration for the purpose.

Promotional Offers

It has become so common to offer customers all sorts of bonuses that online gamblers have started taking them for granted. A generous welcome reward will not impress anymore; you have to offer more than that. Ideally, there should be constant traffic of:

  • Deposit rewards
  • Regular no deposit bonuses
  • Free tournaments
  • Loyalty programs
  • VIP perks

And you should be easy on the withdrawal conditions too, as most punters have discovered the trick by now. Of course, you are free to set the wagering requirements of 200 times the bonus, but the question is, who is going to fall for that?

Instead, you could make it easier for the players to win and withdraw their money so that they would keep playing. That is, lenient wagering terms and high odds and RTP are the way to go.

This way, your customers will keep coming back and stay with you for a long time. And they will even bring their friends along as well, which is what you want them to do, after all. So you can offer them generous affiliate programs too, to let them do the marketing for you.

Betting Options

Needless to say, an impressive variety of games will go a long way too. Ideally, you would even combine casino games and sports betting on one platform.

The casino section should include both slot machines and table games, and they should be available with live dealers too. In fact, gaming software providers seem to be ruling the day, so it makes sense to befriend them for marketing purposes, especially the international dragons, like:

  • NetEnt
  • Betsoft
  • Microgaming
  • Evolution Gaming
  • Playtech
  • Push Gaming
  • Play’n Go

Your sports section should definitely provide both in-play and pre-match wagering options and offer a variety of bets, especially:

  • Point spreads
  • Parlays
  • Player/team props

Mobile Gaming

Your customers will also expect you to offer them a mobile app. In fact, you have absolutely no chance without one. Ideally, you would provide apps for Android and iOS, and all your features and options would be available on mobile devices too. Furthermore, since there are so many fakes on the internet, you should be able to offer your gamers APK files to install if necessary.

Final Word

This is just a small part of what you could do to set up a prosperous gaming business online. But it is your clients who can give you the most invaluable advice, after all. Therefore, having a professional and responsive support team, preferably on 24/7 live chat, is the best way to ensure customer satisfaction and keep up with the trends of the day.

 

About the author

Amanda Pereira

Journalism is something that Amanda loves. Although she is a full-time businesswoman, she does take out a few hours every day for the journalism job. She is the one who checks out every news content before publishing so that if there is anything missing, she can fix. She makes sure that the readers get the best news content. She has been working in this field for 2.5 years, and she is an expert in editing the contents. Moreover, she manages to write Science and General News Headlines contents as well. She never fails to meet the deadlines, and she does her work with a lot of interest and enthusiasm.

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