The iGaming industry has experienced tremendous growth over the last few years thanks, in part, to the opening of new and high-value markets. While only a handful of states permit online casino gaming, the US market is already big business for the entertainment medium. Better still for the industry, further rapid growth is expected. Per BusinessWire, the global online gambling market size is tipped to grow at a compound annual growth rate of 11.7 percent through 2030, eventually hitting $153.6 billion.
Still, it’s not just new markets that enable this kind of growth. Businesses need to be innovative, competitive, and user-friendly to garner and uphold mass appeal. The classic games, of course, hold a lot of sustained appeal for the simple premise, easy gameplay, and potential high rewards prevalent from blackjack to slot gaming. Perhaps helping to propel these growth projections, however, are brand-new inclusions to the casino gaming space, with these new games being the crash and mine games.
Given the adaptability of the promos and the sudden popularity of these new games, how long will it be before the lauded welcome bonuses start to appeal to the droves of players delving into crash and mine games?
Current welcome bonuses chasing current favorites
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Welcome bonuses remain the primary selling point in iGaming marketing. Any brand looking to appeal to players will invariably lead with or make central the welcome bonus. Being such an important part of competing with other platforms, the welcome bonus needs to boast distinct appeal to at least a large subsection of potential players. This is why they play a key part in any review scores and are listed so prominently. CasinoReviews clearly presents the minimum deposit, wagering requirements, and overall offer alongside the review score of a site.
Further, the available bonuses are among the key decision-making factors for the reviews. All of this essentially points to the bonuses having a tremendous amount of weight among industry experts and players. So, it doesn’t come as a surprise that free spins have become central to so many welcome bonuses, as slot games tend to be the most numerous games and popular on any given site. Big Bass Bonanza and Book of Dead are among the most common slots to be featured in free spins bonuses, but many sites spice it up a bit more.
The numbers certainly back up the thinking that free spins will have broad appeal. As much as matched deposit bonuses can usually be used on slots as well as table games, free spins directly give bonus playing time to slots fans. In the UK alone, the UKGC says that online slot games account for £3.2 billion of the £4 billion in gross gambling yield generated by online casino games. In the US, even though many reports even here at CasinoLifeMagazine focus on sports betting, slots generate more than four times that of table games, per the AGA.
Standing out while others focus on slots
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It seems very unlikely that slots will ever be unseated as the biggest and most popular form of online casino gaming. They’re simply too diverse, too creative, too straightforward, and have too high of a bar for big-win potential not to be this popular. However, where platforms can look to compete and stand out in the battleground of welcome bonuses could be specific bonuses for crash and mine games.
Crash games and mine games are very similar in that they put the power of cashing out in the hands of every player. In the case of mine games, players can even set the parameters for their play. It creates a distinct appeal for the likes of JetX, Spaceman, Mines Dare2Win, Aviator, Big Bass Crash, and Angry Elf Christmas Miner, as the results feel much more in control than the likes of slots and roulette.
Offering a bonus for these, given the rapid rise to prominence, would create a unique appeal for the platform and suggest that it’s a specialist in crash and mine games. It’s certainly something to consider for newer sites looking to disrupt the hierarchy.