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Exploring the Future of iGaming: Oddsgate’s Report on Key Trends by 2050
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Why The Report Stands Out
Looking beyond 2025, the Gate to 2050 report report by Oddsgate stands out for its focus on future trends set to reshape the fast-paced online gambling industry over the next 25 years. Predicting what platforms offering casino games and sports betting options will become in the next two decades is difficult for many reasons. For example, the iGaming sector relies on technology, and the rate of innovation is high, so forecasting what will happen is a major challenge. This makes Oddsgate’s report stand out compared to studies that focus on changes or developments that take place in the next 5 or 10 years.
From baby boomers (born 1946-1964) to generation beta (born 2025-2040), many people who are alive today will still be alive in 2050. They will witness the tremendous change that will have taken place within 25 years. According to Oddsgate, people and technology will play a major role in transforming the industry, and anticipating the future will “help us manage anxiety” and “navigate ambiguity” in the iGaming space.
Research Methodology and Key Areas of Focus
Generating an “image of the future for the iGaming industry in 2050” is the report’s main objective. The researchers used an evidence-based methodology with the following steps:
- Gather: Using literature review, desk-based research, and semi-structured expert interviews for gathering insights into the future.
- Generate: Leveraging “To The Best Of Our Knowledge Today” approach, a Business Scenario Planning (BSP) method developed by ALVA to organise insights and explore how different areas interact within the industry.
- Share: Sharing the image of the future to trigger meaningful conversations and actions.
Based on information from reputable sources, the report predicts that the online gambling market in Oceania, Africa, Latin America and other regions will continue to grow.
The gathering or horizon scanning process focuses on key contextual and transactional variables. Contextual variables refer to global drivers or megatrends that will reshape the world and the online gambling industry. These include social, technological, economic, environmental, and political factors. Transactional factors specific to the iGaming industry include clients, payment systems, players, suppliers, and regulation.
10 Key Takeaways from The Gate to 2050 Report
From technological advancements to perceived geopolitical and economic risks, the future of iGaming is marked by changing trends that will revolutionise the industry. We have summarised the key takeaways from Oddsgate’s report on the anticipated image of iGaming in 2050:
- Technological advancements, including artificial intelligence (AI) and big data, will transform our daily lives, accelerate growth in the iGaming industry, and impact crucial processes such as production and decision-making.
- AI will particularly become an exponential multiplier, providing the knowledge needed to develop iGaming platforms at low costs.
- Most iGaming platforms will likely be powered by blockchain technology to ensure increased security and fairness, and smart contracts will help manage payment processes, game mechanics, and compliance.
- Many virtual gambling sites will emerge, offering an immersive gaming experience through wearable devices that use Virtual Reality (VR) and Augmented Reality (AR) technologies.
- Fantasy sports and e-sports will continue to gain popularity, leading to a significant increase in the number of players visiting online gaming platforms.
- More people will use central bank digital currencies (CBDCs) and cryptocurrencies for instant, secure, and cross-border transactions.
- There will be an increased focus on responsible gambling, and data-driven monitoring systems will play a pivotal role in detecting potentially harmful behaviours and providing the necessary solutions.
- Players can expect a more personalised gaming experience because future iGaming platforms may offer biofeedback-driven games and use AI to recommend games and personalise bonuses and promotions.
- iGaming platforms will benefit from localisation techniques, taking advantage of AI-driven analytics to offer games and create marketing strategies based on the needs of players.
- The workforce in the iGaming sector will be dominated by experts in AI, game development, cybersecurity, and blockchain technologies.
The report mainly focuses on the iGaming industry, but it contains valuable information for stakeholders in various sectors. These include companies that provide payment services to gambling operators and the regulators responsible for creating laws to protect consumers and ensure regulatory compliance. Moreover, the report will benefit people and organisations that study the impacts of demographic change, cultural diversity, social disparities, climate change, globalisation, political order or disorder, and the green transition.
How iGaming Professionals Benefit from the Report
As indicated in the report, “by consistently thinking about the future, stakeholders in the iGaming industry will be better prepared to face it” and consequently shape it. The information presented in the study helps iGaming professionals gain new insights, become more proactive, and share a collective image of what the future holds for operators, players, and other stakeholders.
After reading the full report, I shared a short YouTube video highlighting my personal takeaways;
“The Gate to 2050 report is one of the most compelling research I’ve seen lately in the industry. If you’re an operator, provider, or affiliate, the report has something for you. It’s not just a report, it really makes you think strategically.”
An Overview of Oddsgate
Established in 2022 and based in Portugal, Oddsgate is one of the top iGaming software providers with high-quality products. Besides offering its services in Portugal, the company caters to clients in Malta, Brazil, Canada, Romania, and Asia. The provider’s business intelligence-driven software suits anyone looking to launch a gambling platform with online casino games, live dealer games, and sports betting options.
Oddsgate offers white-label and turnkey solutions with the next generation in mind, so it is no surprise that the company partnered with ALVA Research & Consulting to prepare a report focusing on the future of iGaming. The company’s turnkey platform is one of the best, offering everything new and existing gambling operators need to operate smoothly and succeed in an extremely competitive business environment.