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Casinos for you
Live Casino Gambling Continues to Gain Momentum
By Shane Addinall May 03, 2022 IndustryLive online casino games offer punters the opportunity to enjoy a virtually real gambling experience. With live games by experts like Evolution and Playtech who continue to raise the bar, this igaming division has a promising future.As the popularity of online gambling continues to increase, live casino gambling is a space to watch. This segment of online wagering has a handful of leading operators who enjoy a particular monopoly in the Live gambling offering. Big names synonymous with live online casinos are Microgaming, Evolution Live, and Playtech.
Evolution reports on spectacular growth in its live division after 16 years of working toward and maintaining its reputation as the market leader. Following pandemic driven boosts and the increased adoption of live dealer games throughout the globe, the developer declared a 50% increase in profits for Q1 of 2022.
The innovative team of Playtech launched an exclusive game show for Ladbrokes to further their list of accomplishments in the bespoke live dealer division.
The Virtual Solution
Microgaming and Evolution may not have been the first providers of live online casino games, but they solidified the division, and Evolution continues to revolutionise it. The team continues as a trailblazer for live online casino expansion.
Live online casinos offer players a more realistic social experience to enjoy from wherever they choose. Many regions shut down their land-based casinos throughout the pandemic, and punters turned to online providers for their gambling extra-murals. Those who prefer in-person contact with croupiers and other players choose live-streamed options.
Most brick-and-mortar facilities opened their doors again, but according to Evolution’s first-quarter results, there was no drop in clientele for online live casinos. The company’s numbers prove the contrary, as their RNG-based division experienced nominal growth compared to the live games division.
Thanks to new and emerging markets in the global online market, Evolution registered a 44% increase in revenues for their live gaming unit. This amounted to €264 million in Q1 2022, compared to €183 million in Q1 2021. The company notes the growth comes from increased demand for its games catalogue, including titles from NetEnt, Red Tiger, and Ezugi.
Realistic Online Encounters
The increased uptake of online gambling presents multiple opportunities for software developers. Evolution, Playtech, and Microgaming remain the top choices for operators and players with state-of-the-art studios and partnerships. Live table games and game show titles offer punters the social aspect of gambling from the comfort of their desired venue.
Evolution and Playtech often present players with new and hot titles from their unrivalled studios, while Microgaming sticks to the favourite base casino games in their live dealer offering. London-based Playtech announced the launch of an exciting live game show exclusively for the Entain operator, Ladbrokes.
Titled ‘Well Well Well’, the game show presents an entirely original user experience, according to Playtech’s Kevin Kilminster. Live-streamed from their Riga studios, the developer promises a highly immersive and unique experience to Ladbrokes users. The unique game show includes dedicated tables for Magic 7 Blackjack, Coral Sports Area, Ladbrokes exclusive tables, and the Elevation area.
The highly complex bespoke release confirms Playtech’s dedication to strengthening the live online casino industry.
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