Is There an End to the Growth of the Online Slot Industry?

Posted by David Watson . on May 23, 2020

Out of all the various facets of the worldwide gambling industry there has been one definitive success story of the 20th and 21st centuries, and that is in regard to the world of slot machine entertainment. It is truly difficult to argue against this: what other type of gambling game has been embraced to the extent of slots over the last 100 years?

Whilst this was true during the 20th century with brick and mortar casinos reserving an increasing amount of floor space for slot machines, it is a fact that has been confirmed to a ludicrous extent by the arrival of 21st century online slots. The online slot industry has enjoyed rampant success over the last two decades, and it seems as though there is no end to its extreme growth. Let’s take a deeper look at the growth of the play slot games online industry.

Initial growth of the online slot industry

After a period of initial experimentation in the 1990s, the first commercially viable online slots came out right at the beginning of the 21st century, with games like Temple Of Isis by Eyecon being one of the first to be released. You may not think it, but the initial growth of the online slot industry was actually pretty slow in relation to today because of a variety of factors.

The biggest problem that developers faced was something they were pretty powerless to change at the time, as many people’s Internet connections simply were not fast enough to support any kind of online game. Hence the slow growth in the early years of the onlne slot industry.

Impact of better graphics and bonus features on online slot industry growth

It didn’t take long for broadband to be widely rolled out across the world though, and as soon as this happened online slots became a lot more of a viable gambling avenue for countless slot enthusiasts. It was around this time that the online slot industry really stated to experience exponential growth, and developers made sure this wasn’t something that would only last temporarily.

Along with the better Internet connection came a whole host of exciting bonus features, as well as rapidly improving graphics. All this together made the online slot world a lot more appealing, and before too long it was experiencing a sustained and steady exponential growth year on year.

Mobile slots and the exponential growth of the online slot industry

The next big thing to impact the growth of the online slot industry was the emergence of mobile slots roughly a decade ago, something made possible by HTML5 technology and the widespread popularization of smartphones. In fact, mobile slots are responsible for the online slot industry ballooning in size, with 10 times more gamblers flocking to the industry. 

What is next for the future of the online slot industry?

At the moment it genuinely seems like there is no end to the growth of the online slot industry, not least because developers are creating new inventions all the time. The next big one has got to be virtual reality slots, something that is bound to help the industry grow even further.

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