Online gaming has grown in popularity in recent years. Thanks to the lockdowns, online gaming exploded amid the covid-19 pandemic. Millions of people flocked to online casino sites to play games as land-based casinos were shut down to slow the spread of the covid-19 pandemic.
However, the explosion also creates other challenges as people now have to fight gambling addiction in addition to depression that comes with the stress of dealing with covid-19. As of 2021, the gambling industry in the US is worth $261 billion and holds 1.8 million jobs. Most of these are in Nevada as gambling is actually banned in most states. But online gaming sites are also booming.
According to a report from the American Gaming Association (AGA), about 3,000 Internet gambling sites offer wagering on sports, casino games, poker, bingo, lottery, and other games. When you look at smartcasinoguide.com, you will see that they have a lot of slot games available for players, with many of them having hundreds for you to choose from.
This type of service and choice is what players want, so casinos have to ensure they offer it in order to continue to attract new players and keep the current ones. Although legal in 85 countries, the U.S. government has made it illegal to conduct financial transactions online for the purpose of placing a bet or wager.
Behind the scenes, there are many casino game developers who create online games enjoyed by millions. We rise in the number of developers is due to surging demand for slot games. This makes it a great time for new people to get involved and create a casino slot company, designed to create new games that can be showcased inside casinos.
There is certainly an opportunity for new startup companies to jump into the scene and make their mark in order to cope with the increasing demand for online games.
How Do Casino Slot Game Developers Make Money?
It’s quite fascinating to know that casino slot developers don’t actually make money from selling to the public. Instead, they rely on payments and contracts with casino companies to generate income. Therefore, the biggest challenge with launching a new slot gaming development startup is getting your name out there and into the market. Then, you can start to build relationships with the big casino players.
A casino developer can sign deals with multiple different casinos, and provide them with a selection of games to add to the website. In the future, you can look at exclusive deals, or creating games exclusive for specific casinos, rather than for the general market.
However, to begin with, the best approach is to do all you can to get your name out and into the market, and then use that to build up relationships and get a better deal with casinos as you prove yourself. If you can get your games in multiple different casinos, you give yourself multiple chances to make a name for yourself and become in demand over the coming months and years as your business grows.
The Competitive Casino Industry
With thousands of iGaming sites competing for players’ attention, the casino industry is very competitive. Whether you are looking at casinos or the service providers behind the scene, there is a lot of competition out there. Unlike traditional video gaming startups, the barrier to entry is very high due to regulations imposed by the government on the casino industry.
In addition, the big players in the industry also have the resources and the funding to fend off new entrants. These players also hat the experience and partnerships with some of the biggest names in the industry, making it even more difficult for new players to compete.
That said, new players need to offer something unique that makes them stand out from the crowd. This may be a different style of game, it could be a different type of service to the casinos, it could be a series of games, or ones that have the same theme, or something completely different.
What Makes a Great Casino Slot Game?
If you look at the slot games that are currently on the market, you will see there is a great variety. A quick look at this and you may think that every single idea has been thought of and developed in the past but that is certainly not the case.
Instead of going down the general approach, when it comes to the type of gamer you make, you want to try and again offer something different. For example, every game you create could have the same theme running through it, or the same special feature, or you could try something unique with the win lines on the game, so players win in a different way.
These are all options, and you could also try and put two of those ideas together if you want to create something extra special.
In terms of what makes a great slot and what you want to copy, look at things such as game features, bonus games, free spin games, and the use of wilds and scatters. These are all important elements, but most importantly of all, they add a fun element to the games, when people get these they get excited so you want to ensure these are in your games in some way.
Many developers have their own distinctive style on games, so you should try and get something that you can create uniform across your entire brand. This could be a specific type of free spins game, a special bonus that can be claimed on all of your games, or something unique that wilds or scatters bring to the game.
A look online will certainly give you ideas for this, and show you what your competitors are doing at the moment, but there is certainly room for something else to be added here. When you look at the competition, try and work out what you think is missing, or play the games and think about what you would add to their ideas to take the game to the next level and bring even more excitement.
If you can find this, then you are likely onto a winning idea and one that you are going to be able to use to enhance your brand and ultimately make you appealing to casinos who are looking for games.
