Analysts say that online bingo wagers will reach $100 billion by 2021 as bingo activities are shifting towards online and mobile interfaces.
Juniper Research’s recently released “Mobile & Online Gambling: Casinos, Lotteries, Betting & VR 2016-2021” research gives detailed insight into the latest developments of the online internet casino market. The new data found that online bingo will “soar from just over $50 billion this year to nearly 100 billion by 2021.” The report shows that online and mobile casinos are step by step replacing brick-and-mortar venues.
The larger part of online gambling wagers come from mobile devices, as the market is evolving, online casinos are paying particular attention on customer loyalty by providing bonus programs and other attractive features. Virtual Reality (vr) will also help the online gambling sector and is excepted to bring in almost half of the wagers by 2021.