The online gambling industry continues to grow at a steady pace, so much so that this market is projected to reach the impressive value of US$94 billion by 2024. Live dealer casinos are one of the leading segments in the industry, attracting more and more players with their authenticity and enhanced gaming experience.
But how did this sector of the industry evolve to such an extent? In this article, SuperCasinoSites tracks the evolution of live casino games and discusses some of the biggest milestones in their history, including the foundation of the industry’s regulators, the launch of the first live casino platforms, and the improvements this vertical has seen over the years.
1994/2003 - The Birth of an Industry and Its Regulators
The online gambling industry would never have been as fair and transparent had it not been for the regulatory authorities that strictly oversee its operations. Regulations are in place to ensure the ethical treatment of players, fair playing conditions, responsible gaming, and customer protection. But when and where did these authorities emerge from?
2003/2008 - From RNG Online Games to Live Casinos
When online gambling first became a reality, interactive casinos had no other option but to restrict themselves to RNG-based games. Technology had not yet improved to an extent that allowed for live casino streams, especially where Internet speed was concerned. This all changed in the early 2000s when the first live dealer casinos arrived on the scene, transforming how online gambling games played overnight.
2008/2020 - The Growth of the Live Casino Industry
By 2008, live casinos had become a force to be reckoned with in the interactive gaming industry. No self-respecting online casino would skip on adding live tables to its line of gaming products. In the decade to follow, the industry continued to grow at an unprecedented rate as you shall soon see in the paragraphs below.
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When were Live Game Shows first introduced to online casino players?
While Live Casino providers have introduced a brand-new way to enjoy your online casino experience with an array of live table games, they did not stop there. Even though table games can be extremely fun, offering an authentic casino experience online, many prefer different types of casino games when they play online. That is why, many Live Casino providers have also added game-show types of games to their portfolios. Evolution Gaming was one of the first providers to introduce a brand-new casino product to Live Casino fans, adding titles like Deal or No Deal, Dream Catcher, and Live Monopoly to its portfolio. Nowadays, both Evolution Gaming and other Live Casino providers boast a large number of Live Game Shows, offering players a unique online casino experience.
Are Live Casino slots a new concept or are they just another variation of Live Casino Game Shows?
Live Casino Slots are a combination of Game Shows and RNG slots. That being said, these types of live dealer games are rather unique, offering a thrilling gaming experience to slot fans. Games like Buffalo Blitz Live and Everybody’s Jackpot Live have been launched by Playtech’s Live Casino Studio, offering players a unique and interactive slot experience. While you will still play your well-known slots, with the same paying systems, bonus features, and symbols, you will not have control over the spin of the slot. Instead, all players who have joined the Live Slot will place their bets and will wait for the automatic spin of the reels, which will apply to all players who have made a bet before the spinning round. That means that paying combinations, bonus features, and free spins are triggered for all participating players at the same time.
What are some of the latest innovations in the Liva Casino sector that are available across numerous online casinos?
More software developers are starting to introduce live-dealer games to their players, with Quickspin being one example. Thanks to a collaboration between Qucikspin and Playtech, the former also stepped into the Live Casino realm offering players a brand new way to enjoy their time spent online. While many companies still launch classic table games, software providers like Evolution Gaming, Pragmatic Play, and Playtech, to name a few, make sure to add various bonus features to classic table games, making them even more entertaining for casino fans.
Live shows, variety games, and slots have also started appearing at more virtual casinos, offering a brand-new concept of Live Casino to online players. Last but definitely not least, some software providers have also ventured into providing games, which are a mixture of RNG casino titles and live-dealer options. That way results are still solely determined by an RNG system but pre-recorded videos of real dealers reveal the results after every betting round.