The worldwide gambling industry is estimated to be worth $516.03 billion in 2021, an increase of $50.27 billion over the 2020 figure. Gambling firms made an attempt to reorganize their operations in order to comply with the COVID-19 regulations. The new trends and developing technologies expected to have an impact on the wagering market for 2021 are outlined in the Gambling Global Market Report 2021. In this article I will look into the current gambling trends in Hungary.
#1: eSports Growing In Popularity
One specific sport that did very well in Hungary because of the epidemic was eSports. Millions of spectators watched the competition on their computers and saw the very best of the best face off in a huge game of skill. Millions worldwide entered eSports tournaments for games such as FIFA along with Dota 2 and now eSports is becoming a serious competitor in the world of sports. There are problems however, as not a single nation has laws on eSports gambling, which makes things tricky. You can read more about it here ebben a cikkben.
#2: An Increase In Punters Using Automated Betting Software
With the implementation of new initiatives like trading bots, sports betting have moved from being automated to being purely algorithmic. Multiple elements pertaining to automation are being added to sports betting systems. The use of a computer to make bets is referred to as automated betting. One of the fastest-growing businesses in Hungary is the sports betting industry.
#3: Betting On Football Still Number One
For sports like football (e.g. FIFA World Cup and European Championships), internet betting is almost exclusively used. The bookies that provide online sports betting are doing some of their marketing campaigns and business expansions by sponsoring various teams in Hungary. This marketing campaign must be paying off as betting on football has never been more popular.
#4: Most Bets Done On Mobile
Mobile gaming is the gambling industry’s current hottest trend. Hungarian gamblers may get their hands on new gambling games created especially for mobile users from across the world. Mobile slot gaming has become particularly popular, but there are now other options. You are free to play your favorite games regardless of where you are. People have had nothing to do during lockdowns, which has resulted in a significant rise in mobile gaming’s popularity.
#5: Gambling With Crypto On The Rise
The prices of cryptocurrencies in 2021 have escalated and gambling with cryptocurrency in Hungary is on the rise, which doesn’t seem to be slowing down. The Euro-using Europeans can enjoy benefits by making the switch to crypto such as lower prices, faster speed, and anonymity,
#6: Live Streaming Services Expanding Rapidly
When it comes to online betting services, they are superior, quicker, and less buggy than they were last year. Surveyed gamblers said that in about 80% of the instances, the issue was due to a live streaming service supplied by the bookmaker. Only around one-quarter of all online gambling websites have enhanced the service offered on their websites so far.