Swedish online casino trends to look out for in 2021
The year 2020 will always be remembered for different reasons but most importantly, the emergence of the novel coronavirus.
14:42 01 January 2021
Sweden’s casino industry witnessed various lockdowns and financial turmoil which is a huge turning point for online casinos. For owners of land-based casinos, the empty casino rooms may never be filled-up again. However, research done by svenskaonlinecasino.info has found that for the online casino it was the birth of many opportunities as many bettors found solace on the internet. According to a recent study by them, Sweden’s online betting industry generated about 40 billion euros in 2020, and it is expected to perform better in 2021.
Increase in Mobile Gaming
Due to the advent of covid-19 in 2020, many Swedish gamers have avoided large crowds and gambling halls and have opted to play online casino games on their mobile devices. 2021 will likely witness more mobile casino games as the pandemic does not seem to go away. Even with the vaccines there seems to be an apprehension from citizens to engage in social contact.
Top game developers like NetEnt and Playtech have hinted that more mobile casino games are being designed for Android and IOS customers.
Better and Flexible Payment Options
With the fierce competition in the gambling industry increasing and players demanding more flexible payment options that suit their taste, many online casinos have started to introduce new payment methods. These payment methods are expected to be more secure and faster.
There will be more e-wallets to choose from, more efficient mobile payments, new easier methods to deposit and transfer winnings quicker. Moreover, the usage of cryptocurrencies is already a trend as can be seen at online casinos not under the license of the Malta Gaming Authority. It is expected that casinos operating under the MGA license are likely to change their stance on cryptocurrency by adding cryptocurrencies such as Bitcoin and Litecoin in their payment portfolio.
More Efficient Virtual Reality Gaming Is Expected
Sweden’s online casinos will likely witness a surge in virtual reality and real-time gaming. Although, it is not yet common, there are indications that more AR (Augmented Reality) and virtual reality games will be introduced.
These VR-enabled games will give casino players better game scenery and graphics. A huge number of casinos will likely adopt VR because of its various benefits. It is expected that online casino operators in Sweden will generate close to 5 billion euros from VR betting alone.
Online Laws and Regulations Will Become Stricter
The Swedish government has already put many restrictions on online casino operations in the country. This trend will likely continue as the government seems rigid on betting laws.
Now many online casino players look for a foreign casino without a Swedish license which deprives them of any form of protection. It is expected that the authorities might clamp down on those using any form of VPN, RDP, proxies, or some new technology to wage online.
No Account Casinos Are Staying
This type of casino is popular among most Nordic countries. These “no account casinos” are based on logging into one’s own local online bank and transferring money. You don’t need any registration forms as the money transferring service allows the casino to access only the most crucial information related to the player and the identification process. Many regular casinos are adding a no account-option to their page as well to make deposits easier for Swedish players.
A Surge in E-Sports Betting
E-sports betting has been around for some time, and it is expected that Swedish casinos will experience more wages on games like Fortnite, Dota 2, overwatch, and league of legends. It is expected that in 2021, more players will wage more on E-sport games.
Social Gaming on the Rise
Social gaming refers to players engaging in gambling activities without real money. In other words, it involves people playing slots and card games for fun. In the last quarter of this year, there have been more free games in various avenues like developer websites and some online websites. The question is will this be a serious challenge for online casinos?
It is expected that in 2021, if it becomes a problem for some online casinos, they also can start offering free slot games. However, it may affect their business, and they will have to find a balance between offering free casino games and real money games.
Responsible Gambling Will Become More Essential
The government in Nordic countries particularly Sweden is facing an uphill task curbing gambling addiction among its citizens. The year 2020 saw about 2.5% of Swedish citizens affirming gambling addictions, a slight rise from 2.3% in 2019. To forestall such addictions, the government is expected to mandate all online casinos to adhere to responsible gambling options or risk punishment.
The Emergence of Low Wagering Online Casinos
Another trend that is expected in Swedish online gambling in 2021 is low betting casinos and limited bonus requirements. This trend is a win-win scenario for both operators and players. Betting platforms will try to outwit one another as rivalry in online gambling is fierce. Reducing minimum stakes and limiting bonus requirements is a good strategy. Online casinos get more customers and players have better opportunities for winning.