Casino 2021 Outlook Pwc

2021 outlook: M&A leads the economic recovery The M&A recovery that began in the second half of 2020 will accelerate in 2021, as corporate and private investors have access to capital and can pursue deals to build scale and expand scope.

Essential insights into the effects of the pandemic. Now in its 21st year, this year’s Outlook takes into account the effects of COVID-19 on the entertainment and media industry. As in previous years, we’ve taken a deep dive into our wealth of detailed data, forecasts and analyses, and created new perspectives and insights to help you shape your strategies for years ahead.
For a PwC Insight on business tax considerations for the 2020 elections, click here. For more PwC road to election 2020 analysis, click here. Download the full publication Undecided election leaves outlook for 2021 tax legislation uncertain.

2021 Gambling Industry Outlook

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2020 was a rough year for everyone, and industries all over the world suffered. Many land-based casinos were forced to shut down and lost revenue, but the online gambling industry enjoyed tremendous market growth over the past year.

This sets the stage for a successful year in 2021, and it is expected that online casino stocks will surge.

There will also be some major changes to the legalization of online gambling. Countries are trying to generate revenue and are looking to legalize and tax online gambling. In the United States, 6 different states had online gambling on the ballot in November, and all 6 voted in favor. Other countries are also taking steps to legalize online casinos to recoup revenue that has been lost in 2020.

New trends and new laws will come into play as 2021 unfolds, and players worldwide continue to have access to trusted and secure sites. As the online gambling industry continues to grow, players can find new sites emerging and new countries offering licensed and regulated casinos.

Stricter Regulations and New Laws

Many operating online casinos currently have a license from Malta, one of the most difficult to acquire. Many conditions must be met, and operators are constantly monitored to ensure they adhere to guidelines. While Malta-licensed casinos already adhere to strict standards, the industry will be adapting more changes and regulations.

In 2019, Sweden shifted to a new licensing system that is even stricter than the current MGA license. This forced many companies that held a Malta license to consider whether they should stay in the market. It is expected that 2021 will bring about many more changes. Casinos will have very strict regulations in place and will be required to meet higher standards.

New laws will come into play as countries start to legalize online betting and adjust current laws. Germany is one country that has major changes in the world. Germany is introducing a new treaty that will include a brand new regulator similar to the MGA and UKGC. The treaty will include restrictions such as deposit limits at 1,000 Euros per month and bet limits on slot games.

In the United States, many states are moving to legalize online betting, either at sportsbooks or online casinos. Multiple states are working to pass laws. Indiana, Nebraska, and Virginia all have plans to allow online casinos in 2021. Legal online sports betting is on the agenda for states like Maryland, New York, Missouri, and South Dakota.

With online casinos entering the market in many Canadian cities, players will take advantage of some great deposit deals. New sites will be trying to attract players, and you may find the offering of $1 minimum deposit casino deals. Top reviewed sites that feature a casino 1$ deposit offer will appeal to new gamblers, and these deals can help new sites become recognized quickly in a competitive industry.

Projected 2021 Trends

Each day, new players sign up for accounts at trusted casino sites. To make sure sites remain competitive and attract members, they will make use of new trends. These offer an enhanced gaming experience for players and will improve player retention at operating casinos. The online gambling market is always expanding and improving, and with the latest technology, players can expect new offerings in 2021.

When it comes to choosing an online casino, players want diversity. They want a larger selection of games, better bonuses, and special offers. The most trusted and reliable casino sites are always making changes to meet players’ demands and are adopting many new trends in the coming year.

Even the newest sites that will be emerging due to new regulations will provide players with the latest technology and a trendy experience. Online casino gaming is expected to be better than ever in 2021 due to these new and exciting trends.

More Live Dealer Options

Online casino games already provide a sense of realism due to enhanced technology, but live dealer games are even better. Live games have become a top choice for online gamblers who love table and card games. These titles are streamed from land casinos or studios and offer real-time play. Unlike standard online games, they are not controlled by a random number generator.

Leading developers like Evolution Gaming, Ezugi, and NetEnt are working on new games to release in 2021. Players will have even more chances to engage in life-like games of blackjack, roulette, baccarat, poker, and more. With live games, players feel like they are at a land casino and will have the ability to chat with dealers as they enjoy their favorite classic titles.

Virtual Currencies for Payments

Online casinos all over the world accept a wide variety of payment methods. Some sites will cater to certain players by offering specific methods. For example, players in Australia will find sites that offer the use of POLi or NeoSurf. The best online casino will also offer local currencies for players so transactions can be made without conversions. Players should watch for the latest reviews of the best Australian casinos to also start supporting the use of virtual currencies.

While standard payment options will still be supported, you can expect more sites to start supporting the use of cryptocurrencies. With options like Bitcoin, Litecoin, and others, players can make immediate deposits and remain anonymous. Crypto casinos have already become a top choice for players who reside in countries where online gambling is restricted.

With new sites entering the industry, virtual currencies will surely be one trend that is adopted. Not only will the best sites support cryptocurrency payments, but players may also find the offering of block-chain games being introduced.

eSports Wagering Increases

In addition to new online gambling platforms, game titles, and casinos opening, players will see a drastic increase in the offering of eSports. Many operating sites already allow players to use their funded account to wager on some of the most exciting eSports events.

eSports has been a successful industry and has grown rapidly over the past decade. With more people wagering online and new casino sites entering the market, you can expect many sites to present esports betting opportunities. Players will be able to wager on individual games as well as top-paying tournaments.

Almost every single online sportsbook already offers esports, and many casinos are starting to incorporate this betting option into their platforms.

Diverse Bonuses

Bonuses and promotions play a key role in an online gambling experience. With fierce competition and many new sites entering the market in 2021, players can expect some amazing bonus opportunities. Existing casinos will have to up their game to continue attracting players as new sites emerge.

A diverse array of bonuses will appeal to many players, so casinos need to have different toes regularly. One thing you can expect from 2021 casinos is low or no wagering requirements. With these deals, bonuses can be cleared faster and at a lower cost than a traditional offer with standard requirements.

New players will find higher-paying welcome offers and more no deposit deals. Many online sites will provide a $5 minimum deposit bonus to those just getting started. Player reviews will detail bonus terms and provide more information. At 5$ deposit casinos, new players do not have to risk much to get started playing real money games. Sites that have these low deposit requirements will be successful in attracting casual players that want a low-risk experience.

Mobile Gambling Surges

The mobile gambling industry is already popular with players worldwide, and in 2021, it will become even more prominent. With new games being developed using HTML5 technology, players using any mobile device will have access to the latest release. New casinos that are entering the industry will have solid mobile platforms for registered members.

The new year will also see more devices with 5G capabilities, offering faster network speed and better content. For those that enjoy live dealer games, these will operate seamlessly on a mobile device. For casino gamers, 5G will make a huge difference in the experience.

Most software developers are also focused on creating a mobile-first approach, making games compatible with all smartphones and tablets. Players can expect to see more options for mobile payments, with popular options like apple pay and GPay being supported at casino sites.

As 2021 plays out, players will enjoy many new changes, most of which will enhance the gambling experience. Players from Canada to the UK and everywhere else will benefit from the latest technology, new trends, and new laws that allow for safe and secure online gambling.