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Online Casino Industry Revenue Will Grow to 500 Millions

December 23, 2016 Lifestyle No Comments Email Email

Analytics of Juniper Research are famous for their quite accurate forecasts regarding development of gambling industry and its revenue. Now, they think virtual reality gambling sites’ revenue will grow several times during next five years. Today the only thing that stops the industry development is high price of devices. Virtual reality – is a real treasure for gambling websites. For example, Oculus Rift headset will help players feel themselves inside casino sitting at a card table.

But in reality the person wearing a headset can lie on the couch and enjoy some snacks. This makes many people want to purchase this device.

The reason of enormous attractiveness of various devices in particular and virtual reality as a whole is that they stimulate production of hormones of happiness such as dopamine, serotonin and endorphins. Together with noradrenaline and anandamide (which too are responsible for causing euphoria) they make people crazy happy. That’s exactly what gambling websites need. So, there’s obvious link between casino and virtual reality.

As we know, gambling websites providing virtual reality games had estimated 58.5 million dollar revenue in 2016. But experts are confident that in five years this amount will grow to 520 million dollars, which is 800% increase!

Lauren Foye, Juniper Research analyst, says that the numbers, basically, could be bigger but the price of the device slows down potential growth rate. Not everyone can afford paying around six hundred dollars for this toy. Nevertheless, the research group is confident that VIP casino customers will appreciate the opportunity to get unbelievable gaming experience.

Casino industry isn’t the only factor driving popularity of virtual reality. This idea can be used not exclusively by gambling websites and poker rooms. Developers of adult video content were fast to realize this technology can earn, them lots of money and that they need to enter this niche market as soon as possible.

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