As estimated in May 2014, online casino accounts for 21% of the Global iGaming Gross Win, followed by poker (12%) and bingo (6%). After online betting (47% of the Gross Win), the virtual online casino comes to be the second most popular eGambling activity on the Internet, and user demands for more technologically advanced dedicated online casino sites are growing within the gamer community globally.
Blended with the mobile betting that has grown exponentially in recent years to account for more than half of many operators' turnover, the online casino seems to be a promising product of the future - many operators are yet to find an edge in a highly competitive eGambling environment with cutting-edge web and mobile casino solutions.
Read more about mobile app development.
Yet, online casino development is a far cry from any other software development, since the operator is obliged to meet strict gambling requirements of different regulatory jurisdictions which differ from country to country. For instance, online casino products should be able to promptly identify player's real-time location, or tightly integrate with the regulator database in order to verify player's identity. Some regulations also require that the operator enforces deposit limits or controls player's maximum loss within a specific timeframe.
Drawn from best practices of building white label iGaming solutions, here's a Checklist of the key considerations and features you should keep in mind when planning your online casino product development.
Read more about ios app development.
Of course, this is just a very basic list of components and features required for UX design and front-end / back-end development of a modern online casino.
As a rule, casino software development accounts for up to 40% of your overall online casino budget, with software support at the post-release stage reaching up to 10-15% of your casino management expenses.
If you're looking to create a detailed online casino development project specification and reduce your software development budget for the sake of your product's better marketing and promotion, I recommend you to attend a special workshop on this.
Data source: iGaming Business, issue 86, May/June 2014
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