Is running an online casino still a lucrative business idea? The short answer is yes, and this is in part to the rise of several trends in the industry.
These trends include:

Mobile Devices & Online Gambling
More and more people are gambling online. They’re using their tablets and smartphones to access online casinos. These days players can gamble online from their favorite devices. This also means they can gamble wherever they want and whenever they want.

Running an online casino means being more accessible than ever before. The trend of mobile devices being used to gamble online is expected to continue. In turn, the profit potential is virtually limitless.

Another popular trend in the online gambling industry is the use cryptocurrency, which is virtual currency used for various transactions. Some of the most popular cryptocurrencies used in the online gambling sector include Bitcoin, Litecoin, Dogecoin and Ethereum. The majority of cryptocurrencies offer security and anonymity, which is why they are becoming a popular form of payment for players.

Running an online casino can be even more lucrative if you decide to accept cryptocurrencies as a form of payment. Cryptocurrencies are expected to continue to grow in popularity throughout the next few years. As a result, more and more people will be willing to spend them at online casinos.

It’s worth noting that some online casinos offer players the chance to win cryptocurrencies or to withdraw their winnings in crypto.

Live Dealer Games
If you’re thinking of running an online casino, then consider using live dealers for certain games. Live dealer games are increasingly being added to online casinos. These are games that connect players to real-life dealers via cams. Many players enjoy interacting with dealers, but they still would prefer to play from the comfort of their own home or while they’re on the go.

eSports Betting
Betting on eSports is a relatively new trend that is emerging, and it doesn’t appear to be going anywhere anytime soon. eSports Betting is also expected to become one of the most profitable revenue sources for online casinos. The way eSports betting works is a person places a bet on matches in games such as Dota 2, League of Legends and Counter-Strike to name a few.

Those trends are among the top reasons why running an online casino is still a lucrative business idea. The industry as a whole is expected to continue to grow throughout the next few years. Want to be part of it? Then get some more tips here.